Civic Intelligence

University of Arizona Sec Chapter of Sigma Phi Epsilon Fraternity

990 • Fiscal year 2023 • EIN 46-1275278

Jul 01, 2022 to Jun 30, 2023 • Filed on Jun 14, 2024

1614 E 1st StreetTucson, AZ 85719

(804) 353-1901

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

63rd percentile

7.5%

Higher net margin than 63% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

244%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$36,844

Up $26,128 (+244%) from 2022

Net Assets

Up

$36,844

Up $26,128 (+244%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$350,538

Up $42,713 (+14%) from 2022

Expenses

Down

$324,410

Down $25,632 (-7.3%) from 2022

Net Income

Up

$26,128

Up $68,345 (+162%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $42,986Liabilities 2016: $02016Assets 2017: $70,132Liabilities 2017: $02017Assets 2018: $38,650Liabilities 2018: $02018Assets 2019: $46,020Liabilities 2019: $0Net Assets 2019: $46,0202019Assets 2020: $52,933Liabilities 2020: $0Net Assets 2020: $52,9332020Assets 2022: $10,716Liabilities 2022: $0Net Assets 2022: $10,7162022Assets 2023: $36,844Liabilities 2023: $0Net Assets 2023: $36,8442023Assets 2024: $72,626Liabilities 2024: $0Net Assets 2024: $72,6262024Assets 2025: $78,697Liabilities 2025: $0Net Assets 2025: $78,6972025

Highlighted filing

2023

Assets$36,844
Liabilities$0
Net Assets$36,844

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $126,629Expenses 2016: $128,635Net Income 2016: -$2,0062016Revenue 2017: $156,036Expenses 2017: $128,890Net Income 2017: $27,1462017Revenue 2018: $177,030Expenses 2018: $208,512Net Income 2018: -$31,4822018Revenue 2019: $291,959Expenses 2019: $284,589Net Income 2019: $7,3702019Revenue 2020: $179,665Expenses 2020: $150,246Net Income 2020: $29,4192020Revenue 2022: $307,825Expenses 2022: $350,042Net Income 2022: -$42,2172022Revenue 2023: $350,538Expenses 2023: $324,410Net Income 2023: $26,1282023Revenue 2024: $462,511Expenses 2024: $426,729Net Income 2024: $35,7822024Revenue 2025: $535,957Expenses 2025: $529,886Net Income 2025: $6,0712025

Highlighted filing

2023

Revenue$350,538
Expenses$324,410
Net Income$26,128
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jun 14, 2024
Return Version
2022v5.0
Gross Receipts
$355,538
Mission and Program Overview

Mission

To promote the social, intellectual, and moral development of college and university men, both members and pledges of sigma phi epsilon fraternity arizon beta chapter.

Social Club - Fraternity. 166 Members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,716$36,844▲ $26,128
Rtn Earn Endowment Incm Other Fnds$10,716$36,844▲ $26,128
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$10,716$36,844▲ $26,128
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,716$36,844▲ $26,128
Total Liabilities and Net Assets / Fund Balance$10,716$36,844▲ $26,128
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jack MarkoPresident
Jack McananyVice President
Ross JorgenssenChaplain
Aiden DavidRisk Manager
Luke MarshallVP of Communications
Sergio AguileraVP of Finance
Lucas WarnerVP of Member Development
Cooper NewmanVP of Programming
Jackson ByrneVP of Recruitment
Revenue and Support

Revenue Composition

Contributions and Grants
$10,300
Program Service Revenue
$345,238
Investment Income
$0
Other Revenue
$-5,000
All Other Contributions
$0
Change in Net Assets
$26,128
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,110
Grants and Similar Amounts Paid$13,300
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$67,607
Occupancy---$15,000
Fees for Services Accounting---$10,357
Grants to Domestic Orgs---$10,300
Other Expenses---$7,500
Conferences and Meetings---$4,500
Grants to Domestic Individuals---$3,000
Advertising---$1,000
Total Functional Expenses$0$0$0$324,410
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Big Brothers Big Sisters of Southern ArizonaTuscon, AZ501c3To support the Big Brothers Big Sisters of Southern Arizona's mission: To create and support one-to-one mentoring relationships that ignite the power and promise of youth.$10,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,000
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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 7A

Arizona Beta fraternity members have the ability to elect members of the governing body.

Form 990, Part VI, Section A, Line 8A

The governing body meets on a regular basis; however, minutes are not taken.

Form 990, Part VI, Section A, Line 8B

Any committees utilized by Arizona Beta are under the guidance of the governing body. Minutes are not taken at committee meetings.

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

The tax Form 990 is being prepared by a Certified Public Accountant (CPA) in conjunction with the VP of Finance of the Chapter. Once completed, the VP of Finance will review with selected members of the governing body.

Form 990, Part VI, Section C, Line 19

Arizona Beta will provide any documents open to public inspection upon request.

Filing and Contact Details

Filer

Filer Name
University of Arizona Beta Chapter of Sigma Phi Epsilon Fraternity
EIN
46-1275278
Phone
8043531901
Address
1614 E 1st Street, Tucson, AZ 85719

Signing Officer

Name
Braden Dix
Title
Vice President of Finance
Phone
8043531901
Signed
2024-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Bissenden
Formed
1954
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
166

Preparer

Preparer
Norman Klonowski CPA
Phone
5869426583
Raw XML Appendix399 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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IRS990/BenefitsToMembersGrp/TotalAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Jack Marko
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IRS990/Form990PartVIISectionAGrp/PersonNm2Sergio Aguilera
IRS990/Form990PartVIISectionAGrp/PersonNm3Luke Marshall
IRS990/Form990PartVIISectionAGrp/PersonNm4Aiden David
IRS990/Form990PartVIISectionAGrp/PersonNm5Jackson Byrne
IRS990/Form990PartVIISectionAGrp/PersonNm6Lucas Warner
IRS990/Form990PartVIISectionAGrp/PersonNm7Ross Jorgenssen
IRS990/Form990PartVIISectionAGrp/PersonNm8Cooper Newman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP of Communications
IRS990/Form990PartVIISectionAGrp/TitleTxt4Risk Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP of Recruitment
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP of Member Development
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chaplain
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP of Programming
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/FundraisingAmt010300
IRS990/FundraisingDirectExpensesAmt05000
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IRS990/GainOrLossGrp/SecuritiesAmt00
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IRS990/GoverningBodyVotingMembersCnt09
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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03000
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IRS990/GrantsToOrganizationsInd01
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IRS990/GrossReceiptsAmt0355538
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IRS990/InitiationFeesAndCapContriAmt014400
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleI/GrantRecordsMaintainedInd01
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support the Big Brothers Big Sisters of Southern Arizona's mission: To create and support one-to-one mentoring relationships that ignite the power and promise of youth.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Big Brothers Big Sisters of Southern Arizona
IRS990ScheduleI/RecipientTable/RecipientEIN0860188050
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02552 N Alvernon Suite 110
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Tuscon
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085712
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Arizona Beta donated to the Big Brothers Big Sisters of Southern Arizona, a 501c3 public charity. Once donated, Arizona Beta does not monitor the use of the funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Arizona Beta fraternity members have the ability to elect members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body meets on a regular basis; however, minutes are not taken.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any committees utilized by Arizona Beta are under the guidance of the governing body. Minutes are not taken at committee meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The tax Form 990 is being prepared by a Certified Public Accountant (CPA) in conjunction with the VP of Finance of the Chapter. Once completed, the VP of Finance will review with selected members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Arizona Beta will provide any documents open to public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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ReasonableCauseExplanation/ExplanationTxt0Dear Sir/Madam: I am requesting an abatement of any penalties or late filing fees for the filing of Arizona Beta Chapter's TY22 (FY 23 6/30/2023) tax Form 990, for "reasonable cause". I acknowledge and sincerely apologize for the late filing of our Chapter's TY22 tax Form 990. The Arizona Beta Chapter is a tax-exempt organization operating under IRS Code Section 501c7. We are a college fraternity supported by dues paying members to provide an opportunity for members to commingle, engage in personal contact, pursue common goals, and aspirations. Personally, I am the Vice President of Finance for the fraternity, and I am responsible for the ultimate filing of the tax Form 990. The governance responsibilities of a college fraternity are extremely fluid due to officers continually being in transition annually due to graduation from school. In addition, this is our first 990 filing since being granted tax-exempt status through the reinstatement process. Our new governance structure acted (completion/filing the tax return) as soon as we became aware of the specific 990 filing requirements. Unfortunately, such corrective action was also protracted since our new governance structure had to familiarize itself with the detailed Form 990 informational filing requirements, aligning our historical financial information with the 990 requirements, along with an associated search for a Certified Professional Accountant (CPA) for tax return preparation/assistance. Going forward, Arizona Beta intends to comply with all Form 990 filing requirements. Finally, I have designed procedures to ensure that future officer transition will include the Form 990 filing requirements and associated completion procedures. Again, I sincerely apologize and hope that you will consider the abatement of any penalties or late filing fees owed for "reasonable cause". I am willing to provide any clarifications that you may require. Please feel free to contact me at 970-829-9795. Sincerely, Braden Dix, Vice President of Finance Sigma Phi Epsilon - Arizona Beta Chapter
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Norman Klonowski CPA
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