Civic Intelligence

Missississippi Theta Chapter of Sigma Alpha Epsilon Fraternity

990 • Fiscal year 2021 • EIN 64-0310946

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 08, 2021

P O Box 1013Starkville, MS 39760-1013

(847) 424-3040

Siviq Scores

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

Liabilities / Assets

79th percentile

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.07x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

54th percentile

7.8%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

90th percentile

53%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-54%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$124,329

Up $43,305 (+53%) from 2020

Net Assets

Up

$102,979

Up $28,955 (+39%) from 2020

Liabilities

Up

$21,350

Up $14,350 (+205%) from 2020

Revenue

Down

$319,530

Down $375,140 (-54%) from 2020

Expenses

Down

$294,606

Down $343,429 (-54%) from 2020

Net Income

Down

$24,924

Down $31,711 (-56%) from 2020

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

2021

Assets$124,329
Liabilities$21,350
Net Assets$102,979

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

2021

Revenue$319,530
Expenses$294,606
Net Income$24,924
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$319,530
Mission and Program Overview

Mission

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

Mississippi theta is an undergraduate collegiate fraternity at mississippi state university under the authority of sigma alpha epsilon fraternity. The mission of sae is "advancing the highest standards of friendship scholarship leadership and service for our members throughout life".

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$130,691$124,329▼ $6,362
Rtn Earn Endowment Incm Other Fnds$74,024$102,979▲ $28,955
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Accounts Receivable$-49,667$0▲ $49,667
Total Assets$81,024$124,329▲ $43,305
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$21,350▲ $21,350
Deferred Revenue$7,000$0▼ $7,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,000$21,350▲ $14,350
Net Assets / Fund Balance
Total Net Assets Fund Balance$74,024$102,979▲ $28,955
Total Liabilities and Net Assets / Fund Balance$81,024$124,329▲ $43,305
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gabriel W BlaylockSocial Chair
Jack M CamilleriSocial Chair
Eli E MyrickPresident
Lake a KelletVice President
Gregory P SomersCEO
Juan I FariaController
Lucas K RichardsNew Member Educator
Elijah B LipseyRecorder
Graham M NelmsTreasurer
Paul E DavisWarden
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$319,530
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$24,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,213
Salaries, Compensation, and Employee Benefits$16,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$0$0$0$88,787
Other Salaries and Wages$0$0$0$12,166
Other Expenses$0$0$0$10,420
Fees for Services Management$0$0$0$6,000
Other Employee Benefits$0$0$0$4,227
Fees for Services Legal$0$0$0$3,360
Travel$0$0$0$3,256
Fees for Services Accounting$0$0$0$695
Insurance$0$0$0$366
Total Functional Expenses$0$0$0$294,606
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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

Part VI, Line 6

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

Part VI, Line 7A

All members have the authority to elect members who will serve on the governing body of the organization.

Part VI, Line 11A

The organizations executive officers review the form 990 when it is completed. 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.

Filing and Contact Details

Filer

Filer Name
Sigma Alpha Epsilon Fraternity
EIN
64-0310946
In Care Of
% JUAN I FARIA
Phone
8474243040
Address
P O BOX 1013, STARKVILLE, MS 39760-1013
Doing Business As
Mississippi Theta Chapter of Sigma Alpha Epsilon Fraternity

Signing Officer

Name
Juan I Faria
Title
Controller
Signed
2021-11-08
Discuss with paid preparer
No

Organization Details

Formed
1887
Legal Domicile
Ms
Voting Board Members
166
Independent Board Members
166
Employees
1
Volunteers
0
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

Bank Fees $1,068.77 Business System Fees $1,029.86 Collections $3,370.00 COVID-19 Assistance $46,671.28 IFC Dues Expense$16,136.50 Intramurals and Sports$96.29 Membership Deposits Refund $3,522.00 Miscellaneous Expense $3,976.17 Pest Control $278.20 Postage Shipping Delivery & Freight $189.00 Professional Services $381.29 Repairs & Maintenance $641.50 Scholarship $1,000.00 Security Patrol $1,080.00 Supplies Expense $1,027.88 Utilities - Cable $848.14 Utilities - Electric $4,083.08 Utilities - Fire Alarm & Security $645.21 Utilities - Gas $188.15 Utilities - Lawn Care Snow Removal $1,677.25 Utilities - Licensing Fees $131.25 Utilities - Trash $638.59 Utilities - Water & Sewage $105.66

Part XII, Line 1

Mississippi theta is using the management assistance of sae financial & housing corporation via greek housing management llc which uses the cash accounting method for all chapters.

Raw XML AppendixShowing 400 of 580 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/IndependentVotingMemberCnt0166
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IRS990/InsuranceGrp/FundraisingAmt00
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IRS990/IntangibleAssetsGrp/BOYAmt00
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/InvestmentExpenseAmt00
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
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IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04227
IRS990/OtherExpensesGrp/Desc0NATIONAL EXPENSES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2SOCIAL
IRS990/OtherExpensesGrp/Desc3RUSH
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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
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IRS990/OtherExpensesGrp/TotalAmt137574
IRS990/OtherExpensesGrp/TotalAmt264950
IRS990/OtherExpensesGrp/TotalAmt310420
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IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt012166
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false

Document Assets

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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