Civic Intelligence

Mu Sigma Phi Foundation Nfp

990 • Fiscal year 2019 • EIN 26-1427614

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 10, 2020

3008 Jameson Dr NWConcord, NC 28027

(740) 803-2966

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Asset Growth

69th percentile

37%

Faster asset growth than 69% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-25%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$277,705

Up $75,199 (+37%) from 2018

Net Assets

Up

$277,705

Up $75,199 (+37%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$95,988

Down $32,641 (-25%) from 2018

Expenses

Down

$51,585

Down $14,954 (-22%) from 2018

Net Income

Down

$44,403

Down $17,687 (-28%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2012: $178,199Net Assets 2012: $178,1992012Assets 2013: $189,838Net Assets 2013: $189,8382013Assets 2014: $187,523Net Assets 2014: $187,5232014Assets 2015: $182,511Net Assets 2015: $182,5112015Assets 2016: $141,148Liabilities 2016: $0Net Assets 2016: $141,1482016Assets 2017: $153,515Liabilities 2017: $0Net Assets 2017: $153,5152017Assets 2018: $202,506Liabilities 2018: $0Net Assets 2018: $202,5062018Assets 2019: $277,705Liabilities 2019: $0Net Assets 2019: $277,7052019Assets 2020: $394,705Liabilities 2020: $0Net Assets 2020: $394,7052020Assets 2021: $500,182Liabilities 2021: $0Net Assets 2021: $500,1822021Assets 2022: $549,507Liabilities 2022: $0Net Assets 2022: $549,5072022Assets 2023: $645,528Liabilities 2023: $0Net Assets 2023: $645,5282023Assets 2024: $796,960Liabilities 2024: $0Net Assets 2024: $796,9602024

Highlighted filing

2019

Assets$277,705
Liabilities$0
Net Assets$277,705

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $142,859Expenses 2012: $67,781Net Income 2012: $75,0782012Revenue 2013: $111,537Expenses 2013: $99,898Net Income 2013: $11,6392013Revenue 2014: $50,252Expenses 2014: $52,567Net Income 2014: -$2,3152014Revenue 2015: $143,134Expenses 2015: $148,146Net Income 2015: -$5,0122015Revenue 2016: $167,658Expenses 2016: $211,021Net Income 2016: -$43,3632016Revenue 2017: $52,891Expenses 2017: $44,742Net Income 2017: $8,1492017Revenue 2018: $128,629Expenses 2018: $66,539Net Income 2018: $62,0902018Revenue 2019: $95,988Expenses 2019: $51,585Net Income 2019: $44,4032019Revenue 2020: $159,304Expenses 2020: $79,690Net Income 2020: $79,6142020Revenue 2021: $125,628Expenses 2021: $61,477Net Income 2021: $64,1512021Revenue 2022: $231,790Expenses 2022: $98,390Net Income 2022: $133,4002022Revenue 2023: $123,288Expenses 2023: $95,920Net Income 2023: $27,3682023Revenue 2024: $201,135Expenses 2024: $107,261Net Income 2024: $93,8742024

Highlighted filing

2019

Revenue$95,988
Expenses$51,585
Net Income$44,403
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 10, 2020
Return Version
2019v5.1
Gross Receipts
$95,988
Mission and Program Overview

Mission

Educational and charitable purposes

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$202,506$277,705▲ $75,199
Investments Program Related-$209,433-
Investments Other Securities$110,885--
Cash and Non-Interest-Bearing Accounts$71,243$47,888▼ $23,355
Savings and Temporary Cash Investments$20,378$20,384▲ $6
Total Assets$202,506$277,705▲ $75,199
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$202,506$277,705▲ $75,199
Total Liabilities and Net Assets / Fund Balance$202,506$277,705▲ $75,199

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$209,433--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$155,943$50,722▲ $4,916-$206,509
2018$95,547$68,577▼ $7,078-$155,943
2017$79,090$12,650▲ $4,189-$95,547
2016$43,050$36,040--$79,090
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$91,066
Program Service Revenue
$0
Investment Income
$4,922
Other Revenue
$0
All Other Contributions
$90,066
Change in Net Assets
$44,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$31,320
Other Expenses$20,265
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$31,320--$31,320
Fees for Services Other-$6,000-$6,000
Fees for Services Accounting-$4,025-$4,025
Advertising-$2,500-$2,500
Fees for Service Investment Mgmnt Fees-$1,734-$1,734
Office Expenses-$915-$915
Conferences and Meetings-$860-$860
Other Expenses$2,000$675-$675
Information Technology-$300-$300
All Other Expenses-$26-$26
Total Functional Expenses$33,320$18,265$0$51,585
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

- explanation of material differences of voting rights - members who have paid their membership dues for the current year are eligible to vote and hold office officers and governors.

Form 990, Part VI, Section A, Line 6

- explanation of classes of members or stockholders - all graduate members of the mu sigma phi fraternity and sorority of the university of the philippines college of medicine are eligible to become members of the organization.

Form 990, Part VI, Section A, Line 7A

- how members or stockholders elect governing body - election of the officers and governors is held at the annual meeting of the corporation one year prior to the end of the incumbent term.

Form 990, Part VI, Section B, Line 11B

- form 990 review process - form 990 is reviewd by the treasurer prior to filing and is available to the board for review.

Form 990, Part VI, Section C, Line 19

- other organization documents publicly available - no other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mu Sigma Phi Foundation Nfp
EIN
26-1427614
Phone
7408032966
Address
3008 JAMESON DR NW, Concord, NC 28027

Signing Officer

Name
Godofredo Garcia
Title
Treasurer
Signed
2020-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arachelle Baduel-jose
Formed
2006
Legal Domicile
Il
Voting Board Members
83
Independent Board Members
25
Employees
0
Volunteers
27

Preparer

Firm
Lockard and Company CPA LLC
Address
161 NO FRANKLIN TURNPIKE STE 107, RAMSEY, NJ 07446
Preparer
Angie O Lockard
Phone
2019629800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 20,100, Grants and allocations 0, Revenue 4,401 MANNY DALOPE FUND, BTAANES EARTHQUAKE FUND, MINDANAO EARTHQUAKE FUND, MU H20 FUND, GK CHRISTMAS FUND, MU SORORITY WEBINAR 2019, JAMES ALMIRANTE SCHOLARSHIP, WILFRIDO FELICIANO SCHOLARSHIP, DOMINADOR GARCIA SCHOLARSHIP, ISHWAR GOPICHAND SCHOLARSHIP, AQUINO LABAN SCHOLARSHIP, AURORA MIRANDA SCHOLARSHIP, CARLO RAMIREZ SCHOLARSHIP, PATRICIO REYES SCHOLARSHIP, SIMEON SEVANDAL SCHOLARSHIP, CORNELIUS TURALBA SCHOLARSHIP, EDMOND YABUT SCHOLARSHIP

Form 990, Part I, Line 1

- organization mission or significant activities - to initiate, maintain and promote communication among its members worldwide.to promote the advancement of the welfare of its members. To encourage members to engage in projects that will directly benefit the philippine general hospital-university of the philippines system. To unite its members in helping support special groups of people needing immediate financial and medical assistance such as victims of natural disasters. To make distributions to organizations that qualify as exempt organizations under section 501 c 3 of the internal revenue code of 1954, or the corresponding provisions of any future united states internal revenue law.

Form 990, Part III, Line 1

- organization mission - to initiate, maintain and promote communication among its members worldwide. To promote the advancement of the welfare of its members. To encourage members to engage in projects that will directly benefit the philippine general hospital-university of the philippines system. To unite its members in helping support special groups of people needing immediate financial and medical assistance such as victims of natural disasters. To make distributions to organizations that qualify as exempt organizations under section 501 c 3 of the internal revenue code of 1954, or the corresponding provisions of any future united states internal revenue law.

Form 990, Part IX, Line 11G

RECRUITMENT COST

Financial Statement Notes

V 4

-intended uses of endowment fund - endowment funds are used to support current programs such as scholarships, donations to the college of medicine for improvements to buildings and equipment.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9ARCHIVES CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11PEF CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13CONTIN ED CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14NOMINATIONS CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CONSTI. BYLAWS
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERNET SVC COMM
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt19DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt20DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt21DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt22DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt23DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt24DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt25DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt26DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt27DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt28DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt29DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt30DECADE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt31DECADE REP
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