Civic Intelligence

Sigma Chi Fraternity Mu Alpha

990 • Fiscal year 2022 • EIN 47-5636183

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 25, 2023

Organization ProfileN/A
9201 University City BlvdCharlotte, NC 28223

(203) 644-0434

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

25th percentile

-8.5%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-69%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

16%

Faster revenue growth than 56% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$11,465

Down $24,968 (-69%) from 2021

Net Assets

Down

$11,465

Down $24,968 (-69%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin25th percentile

Revenue

Up

$204,669

Up $28,816 (+16%) from 2021

Expenses

Up

$222,158

Up $61,235 (+38%) from 2021

Net Income

Down

-$17,489

Down $32,419 (-217%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$40K$30K$20K$10K$0Assets 2019: $10,818Net Assets 2019: $10,8182019Assets 2020: $14,024Net Assets 2020: $14,0242020Assets 2021: $36,433Net Assets 2021: $36,4332021Assets 2022: $11,465Liabilities 2022: $0Net Assets 2022: $11,4652022Assets 2023: $10,986Net Assets 2023: $10,9862023

Highlighted filing

2022

Assets$11,465
Liabilities$0
Net Assets$11,465
Open 2022 Filing

Operations Trend

Revenue Growth56th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $105,912Expenses 2019: $104,633Net Income 2019: $1,2792019Revenue 2020: $111,324Expenses 2020: $108,118Net Income 2020: $3,2062020Revenue 2021: $175,853Expenses 2021: $160,923Net Income 2021: $14,9302021Revenue 2022: $204,669Expenses 2022: $222,158Net Income 2022: -$17,4892022Revenue 2023: $184,626Expenses 2023: $182,486Net Income 2023: $2,1402023

Highlighted filing

2022

Revenue$204,669
Expenses$222,158
Net Income-$17,489
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 25, 2023
Return Version
2022v5.0
Gross Receipts
$204,669
Mission and Program Overview

Mission

To operate the local chapter of sigma chi fraternity mu alpha chapter at unc charlotte, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of sigma chi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities. Our organization supports numerous charitable organizations and we hold many community service events annually, such as derby days to support cancer research. We also participate in krach transformational workshops each summer and hold weekly chapter meetings. We also hold rush events to market our organization to potential new members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$36,433$11,465▼ $24,968
Total Assets$36,433$11,465▼ $24,968
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$36,433$11,465▼ $24,968
Total Net Assets Fund Balance$36,433$11,465▼ $24,968
Total Liabilities and Net Assets / Fund Balance$36,433$11,465▼ $24,968
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Jack SoltzAnnotator
Joe HodgesConsul
Henry AllenMagister
Jacob LaPro Consul
Brad Mcgreevycarson TrottQuaestor
Dylan GulledgeRecruitment
Christian BuskRisk Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$204,669
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-17,489
Expenses and Functional Allocation

Major Expense Lines

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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$222,158--$222,158
Total Functional Expenses$222,158$0$0$222,158
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
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Sigma Chi Fraternity Mu Alpha
EIN
47-5636183
Phone
2036440434
Address
9201 UNIVERSITY CITY BLVD, CHARLOTTE, NC 28223
Doing Business As
Co Student Union

Signing Officer

Name
Brad Mcgreevycarson Trott
Title
Quaestor
Phone
2036440434
Signed
2023-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Hodges
Formed
2015
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Greek Resource Services LLC
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880
Preparer
Cindy Neal
Phone
2057587754
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To operate the local chapter of sigma chi fraternity mu alpha chapter at unc charlotte, a college social fraternity. Specifically, to promote the social, intellectual, and moral development of college and university men, both members and pledges of sigma chi fraternity. To continue among graduate members the close friendship and loyalty inspired and stabilized by mutual aid and understanding. To support the education of members and outstanding scholars, to assist members in time of need, and to support selected humanitarian activities. Our organization supports numerous charitable organizations and we hold many community service events annually, such as derby days to support cancer research. We also participate in krach transformational workshops each summer and hold weekly chapter meetings. We also hold rush events to market our organization to potential new members.”

Form 990, Page 5, Part V, Line 3B

“No unrelated or business income.”

Form 990, Part XI, Line 9

“1/1/2022 bank balance error -7,479”

Raw XML Appendix258 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/Form990PartVIISectionAGrp/TitleTxt2RECRUITMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3CONSUL
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRO CONSUL
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IRS990/MissionDesc0TO OPERATE THE LOCAL CHAPTER OF SIGMA CHI FRATERNITY MU ALPHA CHAPTER AT UNC CHARLOTTE, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF SIGMA CHI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES. OUR ORGANIZATION SUPPORTS NUMEROUS CHARITABLE ORGANIZATIONS AND WE HOLD MANY COMMUNITY SERVICE EVENTS ANNUALLY, SUCH AS DERBY DAYS TO SUPPORT CANCER RESEARCH. WE ALSO PARTICIPATE IN KRACH TRANSFORMATIONAL WORKSHOPS EACH SUMMER AND HOLD WEEKLY CHAPTER MEETINGS. WE ALSO HOLD RUSH EVENTS TO MARKET OUR ORGANIZATION TO POTENTIAL NEW MEMBERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OPERATE THE LOCAL CHAPTER OF SIGMA CHI FRATERNITY MU ALPHA CHAPTER AT UNC CHARLOTTE, A COLLEGE SOCIAL FRATERNITY. SPECIFICALLY, TO PROMOTE THE SOCIAL, INTELLECTUAL, AND MORAL DEVELOPMENT OF COLLEGE AND UNIVERSITY MEN, BOTH MEMBERS AND PLEDGES OF SIGMA CHI FRATERNITY. TO CONTINUE AMONG GRADUATE MEMBERS THE CLOSE FRIENDSHIP AND LOYALTY INSPIRED AND STABILIZED BY MUTUAL AID AND UNDERSTANDING. TO SUPPORT THE EDUCATION OF MEMBERS AND OUTSTANDING SCHOLARS, TO ASSIST MEMBERS IN TIME OF NEED, AND TO SUPPORT SELECTED HUMANITARIAN ACTIVITIES. OUR ORGANIZATION SUPPORTS NUMEROUS CHARITABLE ORGANIZATIONS AND WE HOLD MANY COMMUNITY SERVICE EVENTS ANNUALLY, SUCH AS DERBY DAYS TO SUPPORT CANCER RESEARCH. WE ALSO PARTICIPATE IN KRACH TRANSFORMATIONAL WORKSHOPS EACH SUMMER AND HOLD WEEKLY CHAPTER MEETINGS. WE ALSO HOLD RUSH EVENTS TO MARKET OUR ORGANIZATION TO POTENTIAL NEW MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO UNRELATED OR BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt41/1/2022 BANK BALANCE ERROR -7,479
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0475636183
ReturnHeader/Filer/PhoneNum02036440434
ReturnHeader/Filer/USAddress/AddressLine1Txt09201 UNIVERSITY CITY BLVD
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0354031880
ReturnHeader/PreparerPersonGrp/PhoneNum02057587754
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CINDY NEAL
ReturnHeader/ReturnTs02023-04-25T10:46:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARSON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TROTT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,465
Liabilities
$0
Net assets
$11,465
Revenue
$204,669
Expenses
$222,158
Net income
-$17,489
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.11$1.85$1.82$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$2.05$2.22$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.36$1.76$1.61$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.14$1.11$1.08$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.11$1.06$1.05$0.01