Civic Intelligence

Sigep Lead Fund

990 • Fiscal year 2016 • EIN 46-2360689

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 21, 2017

Organization Profilewww.sigep.org
310 S BoulevardRichmond, VA 23220

(804) 612-1408

Siviq Scores

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

Liabilities / Assets

98th percentile

2.05x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

1.10x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

11th percentile

-30%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

91st percentile

$214,535

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

182%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

60%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$1,286,613

Up $830,101 (+182%) from 2015

Net Assets

Down

-$1,354,872

Down $711,808 (-111%) from 2015

Liabilities

Up

$2,641,485

Up $1,541,909 (+140%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin11th percentile

Revenue

Up

$2,408,081

Up $899,319 (+60%) from 2015

Expenses

Up

$3,119,889

Up $1,318,797 (+73%) from 2015

Net Income

Down

-$711,808

Down $419,478 (-143%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2014: $120,475Liabilities 2014: $471,209Net Assets 2014: -$350,7342014Assets 2015: $456,512Liabilities 2015: $1,099,576Net Assets 2015: -$643,0642015Assets 2016: $1,286,613Liabilities 2016: $2,641,485Net Assets 2016: -$1,354,8722016Assets 2017: $1,119,673Liabilities 2017: $2,615,641Net Assets 2017: -$1,495,9682017Assets 2018: $1,394,211Liabilities 2018: $3,174,918Net Assets 2018: -$1,780,7072018Assets 2019: $1,633,816Liabilities 2019: $1,771,655Net Assets 2019: -$137,8392019Assets 2020: $669,356Liabilities 2020: $292,293Net Assets 2020: $377,0632020Assets 2021: $1,149,039Liabilities 2021: $771,976Net Assets 2021: $377,0632021Assets 2022: $671,828Liabilities 2022: $294,765Net Assets 2022: $377,0632022Assets 2023: $1,300,971Liabilities 2023: $923,908Net Assets 2023: $377,0632023Assets 2024: $705,153Liabilities 2024: $328,090Net Assets 2024: $377,0632024

Highlighted filing

2016

Assets$1,286,613
Liabilities$2,641,485
Net Assets-$1,354,872
Open 2016 Filing

Operations Trend

Revenue Growth90th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2014: $2,265,525Expenses 2014: $2,616,259Net Income 2014: -$350,7342014Revenue 2015: $1,508,762Expenses 2015: $1,801,092Net Income 2015: -$292,3302015Revenue 2016: $2,408,081Expenses 2016: $3,119,889Net Income 2016: -$711,8082016Revenue 2017: $1,539,404Expenses 2017: $1,680,500Net Income 2017: -$141,0962017Revenue 2018: $2,319,943Expenses 2018: $2,604,682Net Income 2018: -$284,7392018Revenue 2019: $3,215,132Expenses 2019: $1,572,264Net Income 2019: $1,642,8682019Revenue 2020: $2,858,401Expenses 2020: $2,343,500Net Income 2020: $514,9012020Revenue 2021: $679,761Expenses 2021: $679,761Net Income 2021: $02021Revenue 2022: $2,162,713Expenses 2022: $2,162,713Net Income 2022: $02022Revenue 2023: $1,621,115Expenses 2023: $1,621,115Net Income 2023: $02023Revenue 2024: $3,375,788Expenses 2024: $3,375,788Net Income 2024: $02024

Highlighted filing

2016

Revenue$2,408,081
Expenses$3,119,889
Net Income-$711,808
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 21, 2017
Return Version
2015v3.0
Gross Receipts
$2,408,081
Mission and Program Overview

Mission

The organization will advance the mission of sigma phi epsilon fraternity of "building balanced men" by developing and providing educational programs that help prepare undergraduate men for success throughout and after college. Lead is an acronym for lifelong enrichment, achievement and development.

TO PROVIDE MEMBERS WITH THE MOST RELEVANT AND IMPACTFUL EDUCATION TO DEVELOPMENT (cont'd to Sch. O) INTO LEADERS BOTH IN AND AFTER COLLEGE.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$167,469▲ $167,469
Accounts Receivable$37,607$18,526▼ $19,081
Prepaid Expenses and Deferred Charges$96,376$17,391▼ $78,985
Cash and Non-Interest-Bearing Accounts$51,127$12,841▼ $38,286
Total Assets$456,512$1,286,613▲ $830,101
Other Assets Total$271,402$1,070,386▲ $798,984
Liabilities
Other Liabilities$234,332$2,302,064▲ $2,067,732
Deferred Revenue$752,459$282,951▼ $469,508
Accounts Payable and Accrued Expenses$112,785$56,470▼ $56,315
Total Liabilities$1,099,576$2,641,485▲ $1,541,909
Net Assets / Fund Balance
Unrestricted Net Assets$-643,064$-1,354,872▼ $711,808
Total Net Assets Fund Balance$-643,064$-1,354,872▼ $711,808
Total Liabilities and Net Assets / Fund Balance$456,512$1,286,613▲ $830,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$160,000-$160,000
Equipment$7,469$1,051$8,520
Other Assets Org$1,070,386--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Julie Rosstreasurer-$127,608$127,608
stacy NicodemusSecretaryFT$87,271$87,271
Kristen E ReidDirectorFT$52,847$52,847
Riley LittleDirectorFT$52,102$52,102
Shehan WalkerDirectorFT$11,618$11,618

Board Members and Trustees

NameTitle
Brian Warren JrPresident
Archer MessersmithDirector
Seth IrbyMember
Revenue and Support

Revenue Composition

Contributions and Grants
$1,231,199
Program Service Revenue
$1,171,882
Investment Income
$0
Other Revenue
$5,000
Change in Net Assets
$-711,808

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,408,081
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$320,434
Total Revenue per Audited Statements
$2,728,515
Total Revenue per Form 990
$2,408,081
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,749,654
Salaries, Compensation, and Employee Benefits$370,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$771,183$14,405-$785,588
Information Technology$464,175$9,688-$473,863
Other Salaries and Wages$283,588$31,509-$315,097
Office Expenses$153,295$1,090-$154,385
Advertising$41,781$675-$42,456
Fees for Services Other$16,296$15,080-$31,376
Other Employee Benefits$27,774$3,086-$30,860
Payroll Taxes$21,850$2,428-$24,278
Conferences and Meetings$3,000$6,365-$9,365
Occupancy$6,873$764-$7,637
Other Expenses$3,678$3,505-$7,183
All Other Expenses$3,844--$3,844
Fees for Services Accounting-$3,355-$3,355
Depreciation Depletion$1,051--$1,051
Total Functional Expenses$3,025,720$94,169$0$3,119,889

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,440,323
Expenses per Audited Statements$3,119,889
Total Expenses per Form 990$3,119,889
Expenses Not Reported on Form 990$320,434
Expenses Not Reported on Financial Statements$0
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
Due to Affiliates$2,302,064
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“The number of directors may be increased or decreased from time to time by the board. The directors shall be selected by the board of directors of the sigma phi epsilon fraternity for terms of three (3) years each. No director shall be permitted to serve more than two (2) consecutive terms.”

Form 990, Part VI, Section B, line 11

“The treasurer of the organization will review the tax return.”

Form 990, Part VI, Section B, line 12C

“The organization follows the conflict of interest policy set forth by Sigma Phi Epsilon Fraternity. Organization members must file a disclosure listing conflicts of interest at the beginning of their service, and annually. When a conflict of interest arises, the staff must withdraw from the decision-making process.”

Form 990, Part VI, Section B, line 15

“Sigep Lead Fund HAS NO FULL-TIME EMPLOYEES. ALL PERSONNEL IN SUPPORT OF THE Fund ARE EMPLOYEES OF THE SIGMA PHI EPSILON FRATERNITY, A RELATED ORGANIZATION, AND ARE SUBJECT TO THE COMPENSATION POLICIES OF THE FRATERNITY.”

Form 990, Part VI, Section C, line 19

“The organization makes its financial statements, governing documents and conflict of interest policy available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
SigEp LEAD Fund
EIN
46-2360689
Phone
8046121408
Address
310 S Boulevard, Richmond, VA 23220

Signing Officer

Name
Brian Warren
Title
Chief Executive Officer
Phone
8046121408
Signed
2017-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Warren
Formed
2013
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
2
Employees
0
Volunteers
677

Preparer

Firm
Cherry Bekaert Llp
Address
1111 Metropolitan Ave Ste 1000, Charlotte, NC 28204
Preparer
Janice A Ratica
Phone
7043771678
Supplemental Narrative

Additional Explanations

Form 990, part IX, line 7

“THE LEAD FUND HAS NO FULL-TIME EMPLOYEES. ALL PERSONNEL IN SUPPORT OF THE fund ARE EMPLOYEES OF THE SIGMA PHI EPSILON FRATERNITY, A RELATED ORGANIZATION. THE SALARY EXPENSES ARE REPORTED AS AN INTERCOMPANY TRANSFER BETWEEN THE TWO ORGANIZATIONS. THE LEAD FUND DOES NOT FILE ANY FORM W-2S WITH THE IRS. THE FRATERNITY FILES ALL FORM W-2S FOR ALL EMPLOYEES.”

Financial Statement Notes

Part X, Line 2:

“The LEAD Fund is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Management has evaluated the effect of the guidance provided by U.S. generally accepted accounting principles on Accounting for Uncertainty in Income Taxes. Management believes that the LEAD Fund continues to satisfy the requirements of a tax-exempt organization at June 30, 2016 and 2015. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined that the LEAD Fund had no uncertain income tax positions at June 30, 2016 and 2015.”

Raw XML AppendixShowing 400 of 516 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0112785
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056470
IRS990/AccountsReceivableGrp/BOYAmt037607
IRS990/AccountsReceivableGrp/EOYAmt018526
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MEMBERS WITH THE MOST RELEVANT AND IMPACTFUL EDUCATION TO DEVELOPMENT (cont'd to Sch. O) INTO LEADERS BOTH IN AND AFTER COLLEGE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0675
IRS990/AdvertisingGrp/ProgramServicesAmt041781
IRS990/AdvertisingGrp/TotalAmt042456
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03844
IRS990/AllOtherExpensesGrp/TotalAmt03844
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GARY LEVINE
IRS990/BooksInCareOfDetail/PhoneNum08043531901
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 S Boulevard
IRS990/BooksInCareOfDetail/USAddress/CityNm0Richmond
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023220
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt051127
IRS990/CashNonInterestBearingGrp/EOYAmt012841
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06365
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03000
IRS990/ConferencesMeetingsGrp/TotalAmt09365
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01231199
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02749654
IRS990/CYOtherRevenueAmt05000
IRS990/CYProgramServiceRevenueAmt01171882
IRS990/CYRevenuesLessExpensesAmt0-711808
IRS990/CYSalariesCompEmpBnftPaidAmt0370235
IRS990/CYTotalExpensesAmt03119889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02408081
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0752459
IRS990/DeferredRevenueGrp/EOYAmt0282951
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01051
IRS990/DepreciationDepletionGrp/TotalAmt01051
IRS990/Desc0BALANCED MAN PROGRAM: THIS PROGRAM IS AVALIABLE TO ALL FRATERNITY MEMBERS AND IS EXACTLY WHAT UNDERGRADUATE MEN NEED - A CONTINUOUS DEVELOPMENT EXPERIENCE FOCUSED ON SCHOLARSHIP, LEADERSHIP AND LIFE SKILLS THAT COMPLEMENT A UNIVERSITY'S CLASSROOM CURRICULUM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02350876
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03355
IRS990/FeesForServicesAccountingGrp/TotalAmt03355
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015080
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt016296
IRS990/FeesForServicesOtherGrp/TotalAmt031376
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt25872
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt31291
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt45789
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt529480
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt612920
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt78860
IRS990/Form990PartVIISectionAGrp/PersonNm0Seth Irby
IRS990/Form990PartVIISectionAGrp/PersonNm1Archer Messersmith
IRS990/Form990PartVIISectionAGrp/PersonNm2Kristen E Reid
IRS990/Form990PartVIISectionAGrp/PersonNm3Shehan Walker
IRS990/Form990PartVIISectionAGrp/PersonNm4Riley Little
IRS990/Form990PartVIISectionAGrp/PersonNm5Brian Warren Jr
IRS990/Form990PartVIISectionAGrp/PersonNm6Julie Ross
IRS990/Form990PartVIISectionAGrp/PersonNm7stacy Nicodemus
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt246975
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310327
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt446313
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5185055
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6114688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt778411
IRS990/Form990PartVIISectionAGrp/TitleTxt0Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02408081
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09688
IRS990/InformationTechnologyGrp/ProgramServicesAmt0464175
IRS990/InformationTechnologyGrp/TotalAmt0473863
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0167469
IRS990/LandBldgEquipCostOrOtherBssAmt0168520
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION WILL ADVANCE THE MISSION OF SIGMA PHI EPSILON FRATERNITY OF "BUILDING BALANCED MEN" BY DEVELOPING AND PROVIDING EDUCATIONAL PROGRAMS THAT HELP PREPARE UNDERGRADUATE MEN FOR SUCCESS THROUGHOUT AND AFTER COLLEGE. (Continued to Schedule O) LEAD IS AN ACRONYM FOR LIFELONG ENRICHMENT, ACHIEVEMENT AND DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-643064
IRS990/NetAssetsOrFundBalancesEOYAmt0-1354872
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0764
IRS990/OccupancyGrp/ProgramServicesAmt06873
IRS990/OccupancyGrp/TotalAmt07637
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01090
IRS990/OfficeExpensesGrp/ProgramServicesAmt0153295
IRS990/OfficeExpensesGrp/TotalAmt0154385
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0271402
IRS990/OtherAssetsTotalGrp/EOYAmt01070386
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03086
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027774
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030860
IRS990/OtherExpensesGrp/Desc0Special Events
IRS990/OtherExpensesGrp/Desc1Program & Activities
IRS990/OtherExpensesGrp/Desc2certificates & awards
IRS990/OtherExpensesGrp/Desc3dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02182
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23505
IRS990/OtherExpensesGrp/ProgramServicesAmt0996894
IRS990/OtherExpensesGrp/ProgramServicesAmt1199761
IRS990/OtherExpensesGrp/ProgramServicesAmt230677
IRS990/OtherExpensesGrp/ProgramServicesAmt33678
IRS990/OtherExpensesGrp/TotalAmt0999076
IRS990/OtherExpensesGrp/TotalAmt1199761
IRS990/OtherExpensesGrp/TotalAmt230714
IRS990/OtherExpensesGrp/TotalAmt37183
IRS990/OtherLiabilitiesGrp/BOYAmt0234332
IRS990/OtherLiabilitiesGrp/EOYAmt02302064
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031509
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0283588
IRS990/OtherSalariesAndWagesGrp/TotalAmt0315097
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02428
IRS990/PayrollTaxesGrp/ProgramServicesAmt021850
IRS990/PayrollTaxesGrp/TotalAmt024278
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt096376
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017391
IRS990/PrincipalOfficerNm0Brian Warren
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0REG. FEES-Chapter
IRS990/ProgramServiceRevenueGrp/Desc1Reg. Fees-Add'l Underg
IRS990/ProgramServiceRevenueGrp/Desc2reg. Fees-Alumni
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0542211
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1341482
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2288189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0542211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1341482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2288189
IRS990/ProgSrvcAccomActy2Grp/Desc0Carlson Leadership Academy: These are five regional weekend conferences that focus on effective chapter leadership, team building and goal setting.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0674844
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01137447
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01477757
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0371315
IRS990/PYRevenuesLessExpensesAmt0-292330
IRS990/PYSalariesCompEmpBnftPaidAmt0323335
IRS990/PYTotalExpensesAmt01801092
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01508762
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-711808
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01231199
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01176882
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt05000
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt05000
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01231199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01137447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03368646
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03005
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08005
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02655716
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0150000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03368646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01231199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01137447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01000000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03368646
IRS990ScheduleA/TotalSupportAmt03526651
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/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0320434
IRS990ScheduleD/DonatedServicesUseFcltsAmt0320434
IRS990ScheduleD/EquipmentGrp/BookValueAmt07469
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08520
IRS990ScheduleD/ExpensesNotReportedAmt0320434
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03119889
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01070386
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Affiliates
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0160000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02302064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliates
IRS990ScheduleD/RevenueNotReportedAmt0320434
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02408081
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The LEAD Fund is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Management has evaluated the effect of the guidance provided by U.S. generally accepted accounting principles on Accounting for Uncertainty in Income Taxes. Management believes that the LEAD Fund continues to satisfy the requirements of a tax-exempt organization at June 30, 2016 and 2015. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined that the LEAD Fund had no uncertain income tax positions at June 30, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0167469
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01070386
IRS990ScheduleD/TotalExpensesPerForm990Amt03119889
IRS990ScheduleD/TotalLiabilityAmt02302064
IRS990ScheduleD/TotalRevenuePerForm990Amt02408081
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02728515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03440323
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt030100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0152535
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019725
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02420
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Brian Warren Jr
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0214535
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE NUMBER OF DIRECTORS MAY BE INCREASED OR DECREASED FROM TIME TO TIME BY THE BOARD. THE DIRECTORS SHALL BE SELECTED BY THE BOARD OF DIRECTORS OF THE SIGMA PHI EPSILON FRATERNITY FOR TERMS OF THREE (3) YEARS EACH. NO DIRECTOR SHALL BE PERMITTED TO SERVE MORE THAN TWO (2) CONSECUTIVE TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER OF THE ORGANIZATION WILL REVIEW THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization follows the conflict of interest policy set forth by Sigma Phi Epsilon Fraternity. Organization members must file a disclosure listing conflicts of interest at the beginning of their service, and annually. When a conflict of interest arises, the staff must withdraw from the decision-making process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Sigep Lead Fund HAS NO FULL-TIME EMPLOYEES. ALL PERSONNEL IN SUPPORT OF THE Fund ARE EMPLOYEES OF THE SIGMA PHI EPSILON FRATERNITY, A RELATED ORGANIZATION, AND ARE SUBJECT TO THE COMPENSATION POLICIES OF THE FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LEAD FUND HAS NO FULL-TIME EMPLOYEES. ALL PERSONNEL IN SUPPORT OF THE fund ARE EMPLOYEES OF THE SIGMA PHI EPSILON FRATERNITY, A RELATED ORGANIZATION. THE SALARY EXPENSES ARE REPORTED AS AN INTERCOMPANY TRANSFER BETWEEN THE TWO ORGANIZATIONS. THE LEAD FUND DOES NOT FILE ANY FORM W-2S WITH THE IRS. THE FRATERNITY FILES ALL FORM W-2S FOR ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, part ix, line 7
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Sigma Phi Epsilon Fraternity
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Sigma Phi Epsilon Educational Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0540379370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1263800266
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Social Club that focuses on educational and leadership opportunities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Raise money to deliver educational & leadership programs to sigep fraternity

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,286,613
Liabilities
$2,641,485
Net assets
-$1,354,872
Revenue
$2,408,081
Expenses
$3,119,889
Net income
-$711,808
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.33$0.38$3.38$3.38$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.92$0.38$1.62$1.62$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.29$0.38$2.16$2.16$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.77$0.38$0.68$0.68$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.29$0.38$2.86$2.34$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.77$0.14$3.22$1.57$1.64
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$3.17$1.78$2.32$2.60$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$2.62$1.50$1.54$1.68$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.29$2.64$1.35$2.41$3.12$0.71
2015Summary only. Only limited summary data is available for this year.$0.46$1.10$0.64$1.51$1.80$0.29
2014Summary only. Only limited summary data is available for this year.$0.12$0.47$0.35$2.27$2.62$0.35