Civic Intelligence

Sigma Alpha Epsilon Fraternity

990 • Fiscal year 2021 • EIN 35-0868511

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 20, 2022

PO Box 222Lafayette, IN 47901

(765) 423-5313

Siviq Scores

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

Liabilities / Assets

80th percentile

0.58x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

3.61x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Net Margin

9th percentile

-23%

Higher net margin than 9% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Asset Growth

22nd percentile

-1.8%

Faster asset growth than 22% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-40%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,737,618

Down $86,533 (-1.8%) from 2020

Net Assets

Down

$1,971,353

Down $173,428 (-8.1%) from 2020

Liabilities

Up

$2,766,265

Up $86,895 (+3.2%) from 2020

Revenue

Down

$767,055

Down $520,057 (-40%) from 2020

Expenses

Down

$940,483

Down $33,104 (-3.4%) from 2020

Net Income

Down

-$173,428

Down $486,953 (-155%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $739,866Liabilities 2011: $255,153Net Assets 2011: $484,7132011Assets 2012: $756,074Liabilities 2012: $316,569Net Assets 2012: $439,5052012Assets 2013: $846,672Liabilities 2013: $460,881Net Assets 2013: $385,7912013Assets 2014: $805,880Liabilities 2014: $442,035Net Assets 2014: $363,8452014Assets 2015: $741,533Liabilities 2015: $423,717Net Assets 2015: $317,8162015Assets 2016: $881,044Liabilities 2016: $461,975Net Assets 2016: $419,0692016Assets 2017: $1,303,475Liabilities 2017: $455,337Net Assets 2017: $848,1382017Assets 2018: $3,946,166Liabilities 2018: $2,189,772Net Assets 2018: $1,756,3942018Assets 2019: $5,050,909Liabilities 2019: $3,219,653Net Assets 2019: $1,831,2562019Assets 2020: $4,824,151Liabilities 2020: $2,679,370Net Assets 2020: $2,144,7812020Assets 2021: $4,737,618Liabilities 2021: $2,766,265Net Assets 2021: $1,971,3532021Assets 2022: $4,675,208Liabilities 2022: $2,681,337Net Assets 2022: $1,993,8712022Assets 2023: $4,279,918Liabilities 2023: $2,611,453Net Assets 2023: $1,668,4652023Assets 2024: $4,050,290Liabilities 2024: $2,546,106Net Assets 2024: $1,504,1842024Assets 2025: $3,847,835Liabilities 2025: $2,590,668Net Assets 2025: $1,257,1672025

Highlighted filing

2021

Assets$4,737,618
Liabilities$2,766,265
Net Assets$1,971,353

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $419,7792011Expenses 2012: $479,2072012Expenses 2013: $562,1992013Revenue 2014: $649,569Expenses 2014: $671,515Net Income 2014: -$21,9462014Revenue 2015: $752,202Expenses 2015: $798,231Net Income 2015: -$46,0292015Revenue 2016: $1,002,532Expenses 2016: $901,279Net Income 2016: $101,2532016Revenue 2017: $1,156,168Expenses 2017: $727,099Net Income 2017: $429,0692017Revenue 2018: $1,781,427Expenses 2018: $871,368Net Income 2018: $910,0592018Revenue 2019: $1,102,101Expenses 2019: $1,027,239Net Income 2019: $74,8622019Revenue 2020: $1,287,112Expenses 2020: $973,587Net Income 2020: $313,5252020Revenue 2021: $767,055Expenses 2021: $940,483Net Income 2021: -$173,4282021Revenue 2022: $1,182,885Expenses 2022: $1,160,367Net Income 2022: $22,5182022Revenue 2023: $987,217Expenses 2023: $1,312,623Net Income 2023: -$325,4062023Revenue 2024: $1,048,612Expenses 2024: $1,212,893Net Income 2024: -$164,2812024Revenue 2025: $951,246Expenses 2025: $1,198,263Net Income 2025: -$247,0172025

Highlighted filing

2021

Revenue$767,055
Expenses$940,483
Net Income-$173,428
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 20, 2022
Return Version
2020v4.0
Gross Receipts
$767,055
Mission and Program Overview

Mission

Provide college student housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,640,278$4,437,045▼ $203,233
Savings and Temporary Cash Investments$135,810$247,360▲ $111,550
Accounts Receivable$41,936$45,944▲ $4,008
Prepaid Expenses and Deferred Charges$6,127$7,269▲ $1,142
Total Assets$4,824,151$4,737,618▼ $86,533
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,585,703$2,518,720▼ $66,983
Other Liabilities$64,215$221,175▲ $156,960
Deferred Revenue$22,798$22,798→ $0
Accounts Payable and Accrued Expenses$6,654$3,572▼ $3,082
Total Liabilities$2,679,370$2,766,265▲ $86,895
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,144,781$1,971,353▼ $173,428
Total Net Assets Fund Balance$2,144,781$1,971,353▼ $173,428
Total Liabilities and Net Assets / Fund Balance$4,824,151$4,737,618▼ $86,533

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,155,919$1,985,260$6,141,179
Land$281,126-$281,126
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wayne McintyrePresident -
Charles AshingDirector - H
Clay WeaverDirector - H
Derek ForesmanDirector - H
Fred RichterDirector - H
George TownsendDirector - H
Kevin DolenDirector - H
Lew GreenDirector - H
Norm BlakeDirector - H
Randy SergesketterDirector - H
Robert D McilroyDirector - H
Sam GillenDirector - H
Sam KlumpeDirector - H
Tom HanshawDirector - H
William LoddeDirector - H
William VinovichDirector - H
Vincenzo MazurPres - Chapt
Luke HoeppelSecretary -
Mike FosterTreasurer -
Robert ParrinTreasurer -
Evan LynchVP - Chapter
Zach SweeneyVP - Chapter
WILLIAM O'NEALVP - House
Revenue and Support

Revenue Composition

Contributions and Grants
$94,687
Program Service Revenue
$672,325
Investment Income
$43
Other Revenue
$0
All Other Contributions
$93,687
Change in Net Assets
$-173,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$916,720
Professional Fundraising Fees$23,763
Total Fundraising Expense$23,763
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$205,842--$205,842
Occupancy$144,169--$144,169
Interest$115,563--$115,563
Fees for Services Accounting-$51,330-$51,330
All Other Expenses$28,119$14,043-$42,162
Fees for Services Professional Fundraising--$23,763$23,763
Other Expenses$18,000$70,540-$18,000
Insurance$16,304--$16,304
Total Functional Expenses$780,807$135,913$23,763$940,483
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$23,763
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Economic Injury Diaster Loan$150,000
Current Portion of Commercial Loc$66,998
Accrued Interest$4,177
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, Page 6, Part VI, Line 6

Members of the fraternity and alumni association

Form 990, Page 6, Part VI, Line 7A

Members of the fraternity elect the board

Form 990, Page 6, Part VI, Line 11B

The current treasurer reviews and signs the return

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Sigma Alpha Epsilon Fraternity
EIN
35-0868511
Address
PO BOX 222, LAFAYETTE, IN 47901

Signing Officer

Name
Robert Parrin
Title
Treasurer - House
Phone
3174751533
Signed
2022-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Parrin
Formed
1953
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Girardot Strauch & Co Pc
Address
316 MAIN ST, LAFAYETTE, IN 47901-1497
Preparer
Eddie Pluhar CPA
Phone
7654235313
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02518720
IRS990/NetAssetsOrFundBalancesBOYAmt02144781
IRS990/NetAssetsOrFundBalancesEOYAmt01971353
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02144781
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01971353
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt0144169
IRS990/OccupancyGrp/TotalAmt0144169
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND GENERAL
IRS990/OtherExpensesGrp/Desc2NATIONAL DUES
IRS990/OtherExpensesGrp/Desc3RECRUITMENT INCENTIVES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070540
IRS990/OtherExpensesGrp/ProgramServicesAmt0190829
IRS990/OtherExpensesGrp/ProgramServicesAmt161981
IRS990/OtherExpensesGrp/ProgramServicesAmt218000
IRS990/OtherExpensesGrp/TotalAmt0190829
IRS990/OtherExpensesGrp/TotalAmt170540
IRS990/OtherExpensesGrp/TotalAmt261981
IRS990/OtherExpensesGrp/TotalAmt318000
IRS990/OtherLiabilitiesGrp/BOYAmt064215
IRS990/OtherLiabilitiesGrp/EOYAmt0221175
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06127
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07269
IRS990/PrincipalOfficerNm0ROBERT PARRIN
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0ROOM & BOARD
IRS990/ProgramServiceRevenueGrp/Desc1DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0621475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0621475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150850
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0478574
IRS990/PYInvestmentIncomeAmt086
IRS990/PYOtherExpensesAmt0942973
IRS990/PYProgramServiceRevenueAmt0808452
IRS990/PYRevenuesLessExpensesAmt0313525
IRS990/PYTotalExpensesAmt0973587
IRS990/PYTotalProfFndrsngExpnsAmt030614
IRS990/PYTotalRevenueAmt01287112
IRS990/ReconcilationRevenueExpnssAmt0-173428
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0672325
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0135810
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0247360
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04155919
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01985260
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06141179
IRS990ScheduleD/LandGrp/BookValueAmt0281126
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0281126
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt166998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24177
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ECONOMIC INJURY DIASTER LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF COMMERCIAL LOC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04437045
IRS990ScheduleD/TotalLiabilityAmt0221175
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt070568
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt046805
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0PENNINGTON & COMPANY INC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt023763
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0501 GATEWAY DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0LAWRENCE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd066049
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt070568
IRS990ScheduleG/TotalNetToOrganizationAmt046805
IRS990ScheduleG/TotalRetainedByContractorsAmt023763
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE FRATERNITY AND ALUMNI ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE FRATERNITY ELECT THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CURRENT TREASURER REVIEWS AND SIGNS THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RESTORING THE PRIDE EDUCATION FDTN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351979151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 222
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAFAYETTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd047901
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04824151
IRS990/TotalAssetsEOYAmt04737618
IRS990/TotalAssetsGrp/BOYAmt04824151

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.85$2.59$1.26$0.95$1.20$0.25
2024Detailed filing. Detailed filing data is available for this year.$4.05$2.55$1.50$1.05$1.21$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.28$2.61$1.67$0.99$1.31$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.68$2.68$1.99$1.18$1.16$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.74$2.77$1.97$0.77$0.94$0.17
2020Detailed filing. Detailed filing data is available for this year.$4.82$2.68$2.14$1.29$0.97$0.31
2019Detailed filing. Detailed filing data is available for this year.$5.05$3.22$1.83$1.10$1.03$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.95$2.19$1.76$1.78$0.87$0.91
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.46$0.85$1.16$0.73$0.43
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.46$0.42$1.00$0.90$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.42$0.32$0.75$0.80$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.44$0.36$0.65$0.67$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.46$0.39$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.32$0.44$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.26$0.48$0.42