Civic Intelligence

Missississippi Theta Chapter of Sigma Alpha Epsilon Fraternity

990 • Fiscal year 2020 • EIN 64-0310946

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 17, 2020

PO Box 1880Tuscaloosa, AL 35403-1880

(205) 758-7754

Siviq Scores

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

Liabilities / Assets

56th percentile

0.09x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.01x

Higher debt load relative to revenue than 36% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Net Margin

59th percentile

8.2%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

0.8%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$81,024

Down $11,245 (-12%) from 2019

Net Assets

Up

$74,024

Up $56,635 (+326%) from 2019

Liabilities

Down

$7,000

Down $67,880 (-91%) from 2019

Revenue

Up

$694,670

Up $5,488 (+0.8%) from 2019

Expenses

Down

$638,035

Down $91,205 (-13%) from 2019

Net Income

Up

$56,635

Up $96,693 (+241%) from 2019

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: $103,764Liabilities 2011: $955Net Assets 2011: $102,8092011Assets 2012: $122,926Liabilities 2012: $8,550Net Assets 2012: $114,3762012Assets 2013: $115,909Liabilities 2013: $5,855Net Assets 2013: $110,0542013Assets 2014: $67,478Liabilities 2014: $25,007Net Assets 2014: $42,4712014Assets 2015: $131,385Liabilities 2015: $29,530Net Assets 2015: $101,8552015Assets 2016: $178,741Liabilities 2016: $29,255Net Assets 2016: $149,4862016Assets 2017: $68,077Liabilities 2017: $6,400Net Assets 2017: $61,6772017Assets 2018: $390,406Liabilities 2018: $332,959Net Assets 2018: $57,4472018Assets 2019: $92,269Liabilities 2019: $74,880Net Assets 2019: $17,3892019Assets 2020: $81,024Liabilities 2020: $7,000Net Assets 2020: $74,0242020Assets 2021: $124,329Liabilities 2021: $21,350Net Assets 2021: $102,9792021Assets 2022: $168,936Liabilities 2022: $54,225Net Assets 2022: $114,7112022Assets 2023: $194,780Liabilities 2023: $78,498Net Assets 2023: $116,2822023Assets 2024: $236,825Liabilities 2024: $128,546Net Assets 2024: $108,2792024Assets 2025: $267,987Liabilities 2025: $165,581Net Assets 2025: $102,4062025

Highlighted filing

2020

Assets$81,024
Liabilities$7,000
Net Assets$74,024

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $583,351Expenses 2011: $571,087Net Income 2011: $12,2642011Revenue 2012: $525,221Expenses 2012: $513,654Net Income 2012: $11,5672012Revenue 2013: $516,472Expenses 2013: $520,794Net Income 2013: -$4,3222013Revenue 2014: $583,875Expenses 2014: $651,458Net Income 2014: -$67,5832014Revenue 2015: $702,892Expenses 2015: $643,508Net Income 2015: $59,3842015Revenue 2016: $702,736Expenses 2016: $655,105Net Income 2016: $47,6312016Revenue 2017: $622,177Expenses 2017: $709,986Net Income 2017: -$87,8092017Revenue 2018: $719,208Expenses 2018: $723,438Net Income 2018: -$4,2302018Revenue 2019: $689,182Expenses 2019: $729,240Net Income 2019: -$40,0582019Revenue 2020: $694,670Expenses 2020: $638,035Net Income 2020: $56,6352020Revenue 2021: $319,530Expenses 2021: $294,606Net Income 2021: $24,9242021Revenue 2022: $933,905Expenses 2022: $926,885Net Income 2022: $7,0202022Revenue 2023: $955,974Expenses 2023: $954,403Net Income 2023: $1,5712023Revenue 2024: $1,138,207Expenses 2024: $1,146,210Net Income 2024: -$8,0032024Revenue 2025: $1,166,735Expenses 2025: $1,172,608Net Income 2025: -$5,8732025

Highlighted filing

2020

Revenue$694,670
Expenses$638,035
Net Income$56,635
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 17, 2020
Return Version
2019v5.0
Gross Receipts
$694,670
Mission and Program Overview

Mission

Provide fraternal activities for college students by providing fraternal living and social activities.

The mission of sigma alpha epsilon is to promote the highest standards of friendship, scholarship and service for our members based upon the ideals set forth by our founders and as specifically enunciated in "the true gentleman".

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$28,443$130,691▲ $102,248
Rtn Earn Endowment Incm Other Fnds$17,389$74,024▲ $56,635
Accounts Receivable$63,826$-49,667▼ $113,493
Total Assets$92,269$81,024▼ $11,245
Liabilities
Deferred Revenue$74,880$7,000▼ $67,880
Total Liabilities$74,880$7,000▼ $67,880
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,389$74,024▲ $56,635
Total Liabilities and Net Assets / Fund Balance$92,269$81,024▼ $11,245
Compensation and Service Providers

Board Members and Trustees

NameTitle
Timothy SeagoSocial Chair
John IovinelliPresident
Jacob NewbernNew Member E
Joshua MichaelRecorder
Thomas GreenleeTreasurer
Lucas RichardsVice Preside
William FullerWarden
Revenue and Support

Revenue Composition

Contributions and Grants
$3
Program Service Revenue
$694,667
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3
Change in Net Assets
$56,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$597,344
Salaries, Compensation, and Employee Benefits$40,691
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$190,437
All Other Expenses---$79,560
Other Salaries and Wages---$31,832
Other Expenses---$17,682
Fees for Services Accounting---$16,322
Payroll Taxes---$8,223
Conferences and Meetings---$2,508
Other Employee Benefits---$636
Office Expenses---$227
Total Functional Expenses$0$0$0$638,035
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 6

The organization consists of members who belong to a national collegiate organization.

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

Each member of the organization may elect members who will then serve over the organization as the governing body.

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

The organizations executive officers review the form 990 when it is completed and if any part of the form is in question, the executive officers contact the preparer to address those questions. Should any changes need to be made on the form, these changes are promptly made and the form is reprinted for the executive officers to review. After the form is reviewed and approved, the executive officer sign the return and it is mailed to or filed electronically with the irs.

Form 990, Page 6, Part VI, Line 19

All documents are available to the public between regular business hours upon request to the president or treasurer of the organization.

Filing and Contact Details

Filer

Filer Name
Sigma Alpha Epsilon Fraternity
EIN
64-0310946
Phone
2057587754
Address
PO BOX 1880, TUSCALOOSA, AL 35403-1880

Signing Officer

Name
Thomas Greenlee
Title
Treasurer
Signed
2020-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Iovinelli
Formed
1887
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
0
Employees
3

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of sigma alpha epsilon is to promote the highest standards of friendship, scholarship and service for our members based upon the ideals set forth by our founders and as specifically enunciated in "the true gentleman".

Form 990, Page 2, Part III, Line 4D

Provide fraternal activities for college students by providing fraternal living and social activities.

Form 990, Part IX, Line 24E

Campus & chapter activity 15,131 0 0 chapter supplies 13,647 0 0 crdit card discounts 12,469 0 0 member discounts 10,900 0 0 bad debts & collections 5,591 0 0 sports 5,526 0 0 supplies & accessories 4,652 0 0 purchase fund 2,743 0 0 dues 2,082 0 0 security 1,977 0 0 composite 1,950 0 0 storage & rental equip 1,765 0 0 scholarship 1,000 0 0 other 127 0 0 total 79,560 0 0

Raw XML Appendix293 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/TitleTxt3RECORDER
IRS990/Form990PartVIISectionAGrp/TitleTxt4NEW MEMBER E
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IRS990/Form990PartVIISectionAGrp/TitleTxt6SOCIAL CHAIR
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE FRATERNAL ACTIVITIES FOR COLLEGE STUDENTS BY PROVIDING FRATERNAL LIVING AND SOCIAL ACTIVITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF SIGMA ALPHA EPSILON IS TO PROMOTE THE HIGHEST STANDARDS OF FRIENDSHIP, SCHOLARSHIP AND SERVICE FOR OUR MEMBERS BASED UPON THE IDEALS SET FORTH BY OUR FOUNDERS AND AS SPECIFICALLY ENUNCIATED IN "THE TRUE GENTLEMAN".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE FRATERNAL ACTIVITIES FOR COLLEGE STUDENTS BY PROVIDING FRATERNAL LIVING AND SOCIAL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONSISTS OF MEMBERS WHO BELONG TO A NATIONAL COLLEGIATE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER OF THE ORGANIZATION MAY ELECT MEMBERS WHO WILL THEN SERVE OVER THE ORGANIZATION AS THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS EXECUTIVE OFFICERS REVIEW THE FORM 990 WHEN IT IS COMPLETED AND IF ANY PART OF THE FORM IS IN QUESTION, THE EXECUTIVE OFFICERS CONTACT THE PREPARER TO ADDRESS THOSE QUESTIONS. SHOULD ANY CHANGES NEED TO BE MADE ON THE FORM, THESE CHANGES ARE PROMPTLY MADE AND THE FORM IS REPRINTED FOR THE EXECUTIVE OFFICERS TO REVIEW. AFTER THE FORM IS REVIEWED AND APPROVED, THE EXECUTIVE OFFICER SIGN THE RETURN AND IT IS MAILED TO OR FILED ELECTRONICALLY WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC BETWEEN REGULAR BUSINESS HOURS UPON REQUEST TO THE PRESIDENT OR TREASURER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CAMPUS & CHAPTER ACTIVITY 15,131 0 0 CHAPTER SUPPLIES 13,647 0 0 CRDIT CARD DISCOUNTS 12,469 0 0 MEMBER DISCOUNTS 10,900 0 0 BAD DEBTS & COLLECTIONS 5,591 0 0 SPORTS 5,526 0 0 SUPPLIES & ACCESSORIES 4,652 0 0 PURCHASE FUND 2,743 0 0 DUES 2,082 0 0 SECURITY 1,977 0 0 COMPOSITE 1,950 0 0 STORAGE & RENTAL EQUIP 1,765 0 0 SCHOLARSHIP 1,000 0 0 OTHER 127 0 0 TOTAL 79,560 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/TotalProgramServiceRevenueAmt0694667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0694667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0694670
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt092269
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt081024
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1013
IRS990/USAddress/CityNm0STARKVILLE
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039760
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MSSTATESAE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS GREENLEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA ALPHA EPSILON FRATERNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MISSISSIPPI THETA
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0640310946
ReturnHeader/Filer/PhoneNum02057587754
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1880
ReturnHeader/Filer/USAddress/CityNm0TUSCALOOSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd0354031880
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0656A166EB08BA418FA701FF3DAEBE8B43F109428
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E87A2A8D00DBB1441EA725B0EB803893E6702355
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-10-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:45:42
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEK RESOURCE SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1880
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUSCALOOSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0354031880
ReturnHeader/PreparerPersonGrp/PhoneNum02057587754
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH BREWER
ReturnHeader/ReturnTs02020-10-23T07:45:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.17$0.10$1.17$1.17$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.13$0.11$1.14$1.15$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.08$0.12$0.96$0.95$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.05$0.11$0.93$0.93$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.02$0.10$0.32$0.29$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.69$0.64$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.07$0.02$0.69$0.73$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.33$0.06$0.72$0.72$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.62$0.71$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.15$0.70$0.66$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.10$0.70$0.64$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.03$0.04$0.58$0.65$0.07
2013Summary only. Only limited summary data is available for this year.$0.12$0.01$0.11$0.52$0.52$0.00
2012Summary only. Only limited summary data is available for this year.$0.12$0.01$0.11$0.53$0.51$0.01
2011Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.58$0.57$0.01