Civic Intelligence

Sigma Pi Phi Iota Boule Education Foundation

990EZ • Fiscal year 2023 • EIN 38-2661313

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

30200 Telegraph Road Apt 444Bingham Farms, MI 48025-4506

(313) 645-5370

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.31x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

8.2%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-48%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$390,829

Up $29,673 (+8.2%) from 2022

Net Assets

Up

$379,674

Up $26,522 (+7.5%) from 2022

Liabilities

Up

$11,155

Up $3,151 (+39%) from 2022

Revenue

Down

$35,798

Down $33,014 (-48%) from 2022

Expenses

Down

$9,276

Down $22,610 (-71%) from 2022

Net Income

Down

$26,522

Down $10,404 (-28%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $199,848Liabilities 2011: $9182011Assets 2012: $130,867Liabilities 2012: $30,7062012Assets 2013: $125,882Liabilities 2013: $10,639Net Assets 2013: $115,2432013Assets 2014: $135,542Liabilities 2014: $0Net Assets 2014: $135,5422014Assets 2015: $125,734Liabilities 2015: $15,232Net Assets 2015: $110,5022015Assets 2016: $128,628Liabilities 2016: $0Net Assets 2016: $128,6282016Assets 2017: $108,594Liabilities 2017: $0Net Assets 2017: $108,5942017Assets 2018: $132,870Liabilities 2018: $14,945Net Assets 2018: $117,9252018Assets 2019: $199,658Liabilities 2019: $12,757Net Assets 2019: $186,9012019Assets 2020: $241,713Liabilities 2020: $0Net Assets 2020: $241,7132020Assets 2021: $324,972Liabilities 2021: $8,746Net Assets 2021: $316,2262021Assets 2022: $361,156Liabilities 2022: $8,004Net Assets 2022: $353,1522022Assets 2023: $390,829Liabilities 2023: $11,155Net Assets 2023: $379,6742023Assets 2024: $378,479Net Assets 2024: $378,4792024

Highlighted filing

2023

Assets$390,829
Liabilities$11,155
Net Assets$379,674

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $169,262Expenses 2011: $100,008Net Income 2011: $69,2542011Revenue 2012: $9,443Expenses 2012: $108,212Net Income 2012: -$98,7692012Revenue 2013: $46,705Expenses 2013: $31,623Net Income 2013: $15,0822013Revenue 2014: $79,796Expenses 2014: $59,497Net Income 2014: $20,2992014Revenue 2015: $1,103Expenses 2015: $26,143Net Income 2015: -$25,0402015Revenue 2016: $43,959Expenses 2016: $25,833Net Income 2016: $18,1262016Revenue 2017: $11,554Expenses 2017: $31,588Net Income 2017: -$20,0342017Revenue 2018: $45,796Expenses 2018: $36,465Net Income 2018: $9,3312018Revenue 2019: $83,583Expenses 2019: $14,607Net Income 2019: $68,9762019Revenue 2020: $60,933Expenses 2020: $6,120Net Income 2020: $54,8132020Revenue 2021: $93,409Expenses 2021: $18,896Net Income 2021: $74,5132021Revenue 2022: $68,812Expenses 2022: $31,886Net Income 2022: $36,9262022Revenue 2023: $35,798Expenses 2023: $9,276Net Income 2023: $26,5222023Revenue 2024: $9,893Expenses 2024: $11,088Net Income 2024: -$1,1952024

Highlighted filing

2023

Revenue$35,798
Expenses$9,276
Net Income$26,522
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$35,798
Mission and Program Overview

Mission

Philanthropic support - Public schools / at risk children

Program Services

DescriptionGrantsExpenses
Payment to independent contractor for purpose of administering the pathway to excellence education program supported under the terms of the grant received by the foundation-$4,776
Arrington Scholarships-$2,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jack MartinPresident-$0--
Edward ThomasVice President-$0--
Randolph MartinTreasurer-$0--
Phillip PierceMember-$0--
Walt DouglasMember-$0--
Wilson CopelandMember-$0--
Filing and Contact Details

Filer

Filer Name
Sigma Pi Phi (iota Boule) Educational Foundation
EIN
38-2661313
Phone
3136455370
Address
30200 TELEGRAPH ROAD APT 444, BINGHAM FARMS, MI 48025-4506

Signing Officer

Name
Randolph Martin
Title
Treasurer
Phone
3136455370
Signed
2024-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Gregory Terrell & Company
Address
613 ABBOTT STREET SUITE 320, DETROIT, MI 48226
Preparer
Gregory Terrell
Phone
3139650500
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Administration Expenses 2,000

Form 990-EZ, Part I, Line 16, Other Expenses

Educational Stipends/Scholarships 4,776

Form 990-EZ, Part I, Line 16, Other Expenses

Scholarships 2,500

Form 990-EZ, Part II, Line 24, Other Assets

DUE FROM IOTA BOULE Beginning of year 1,625, End of year 0

Form 990-EZ, Part II, Line 26, Liabilities

DUE TO IOTA BOULE Beginning of year 8,004, End of year 11,155

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Phillip Pierce
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Wilson Copeland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01625
IRS990EZ/OtherExpensesTotalAmt09276
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Philanthropic support - Public schools / at risk children
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Payment to independent contractor for purpose of administering the pathway to excellence education program supported under the terms of the grant received by the foundation
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Arrington Scholarships
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04776
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08004
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011155
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt09276
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IRS990EZ/TotalRevenueAmt035798
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt059975
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IRS990ScheduleA/InvestmentIncomeCYPct00.03390
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06427
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94740
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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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Administration Expenses 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Educational Stipends/Scholarships 4,776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarships 2,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE FROM IOTA BOULE Beginning of year 1,625, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE TO IOTA BOULE Beginning of year 8,004, End of year 11,155
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDOLPH MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03136455370
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA PI PHI (IOTA BOULE) EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0382661313
ReturnHeader/Filer/PhoneNum03136455370
ReturnHeader/Filer/USAddress/AddressLine1Txt030200 TELEGRAPH ROAD APT 444
ReturnHeader/Filer/USAddress/CityNm0BINGHAM FARMS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382451735
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0613 ABBOTT STREET SUITE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DETROIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerPersonGrp/PhoneNum03139650500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY TERRELL
ReturnHeader/ReturnTs02024-11-07T03:24:57-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.78$3.78$0.10$0.11$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.91$0.11$3.80$0.36$0.09$0.27
2022Detailed filing. Detailed filing data is available for this year.$3.61$0.08$3.53$0.69$0.32$0.37
2021Detailed filing. Detailed filing data is available for this year.$3.25$0.09$3.16$0.93$0.19$0.75
2020Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.61$0.06$0.55
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.13$1.87$0.84$0.15$0.69
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.15$1.18$0.46$0.36$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.12$0.32$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.44$0.26$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.15$1.11$0.01$0.26$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.80$0.59$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.26$0.11$1.15$0.47$0.32$0.15
2012Summary only. Only limited summary data is available for this year.$1.31$0.31$0.09$1.08$0.99
2011Summary only. Only limited summary data is available for this year.$2.00$0.01$1.69$1.00$0.69