Civic Intelligence

Phi Sigma Sigma Inc - Iota Chi Chapter

990 • Fiscal year 2024 • EIN 82-4685883

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 05, 2024

1213 Liberty Rd J 335Eldersburg, MD 21784

(410) 799-1224

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.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.00x

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

8.1%

Higher net margin than 64% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

90th percentile

46%

Faster asset growth than 90% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

4.2%

Faster revenue growth than 51% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$54,413

Up $17,145 (+46%) from 2023

Net Assets

Up

$54,413

Up $17,145 (+46%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$212,888

Up $8,587 (+4.2%) from 2023

Expenses

Down

$195,743

Down $8,038 (-3.9%) from 2023

Net Income

Up

$17,145

Up $16,625 (+3197%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $41,985Liabilities 2020: $0Net Assets 2020: $41,9852020Assets 2021: $9,646Liabilities 2021: $02021Assets 2022: $36,748Liabilities 2022: $0Net Assets 2022: $36,7482022Assets 2023: $37,268Liabilities 2023: $0Net Assets 2023: $37,2682023Assets 2024: $54,413Liabilities 2024: $0Net Assets 2024: $54,4132024Assets 2025: $107,730Liabilities 2025: $0Net Assets 2025: $107,7302025

Highlighted filing

2024

Assets$54,413
Liabilities$0
Net Assets$54,413

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $228,802Expenses 2020: $191,284Net Income 2020: $37,5182020Revenue 2021: $34,260Expenses 2021: $66,599Net Income 2021: -$32,3392021Revenue 2022: $167,252Expenses 2022: $140,150Net Income 2022: $27,1022022Revenue 2023: $204,301Expenses 2023: $203,781Net Income 2023: $5202023Revenue 2024: $212,888Expenses 2024: $195,743Net Income 2024: $17,1452024Revenue 2025: $300,494Expenses 2025: $247,177Net Income 2025: $53,3172025

Highlighted filing

2024

Revenue$212,888
Expenses$195,743
Net Income$17,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$212,888
Mission and Program Overview

Mission

Promote the fellowship of members.

Promote the fellowship of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,268$54,413▲ $17,145
Total Assets$37,268$54,413▲ $17,145
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,268$54,413▲ $17,145
Total Liabilities and Net Assets / Fund Balance$37,268$54,413▲ $17,145
Compensation and Service Providers

Board Members and Trustees

NameTitle
Helene NesheimArchon
Michelle BaradziejBursar
Lexie McallisterFormer Archon
Caroline NewtonFormer Bursar
Madi HerodesFormer Secretary
Bella MerendinoFormer Vice Archon
Molly LuckartSecretary
Ashlyn LiebermanVice Archon
Revenue and Support

Revenue Composition

Contributions and Grants
$3,811
Program Service Revenue
$203,586
Investment Income
$839
Other Revenue
$4,652
All Other Contributions
$3,811
Change in Net Assets
$17,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,146
Grants and Similar Amounts Paid$4,597
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$24,846
All Other Expenses---$13,720
Office Expenses---$11,885
Grants to Domestic Orgs---$4,597
Total Functional Expenses$0$0$0$195,743
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, Part VI, Section A, Line 6

The organization is comprised of members.

Form 990, Part VI, Section A, Line 7A

Members vote to appoint or elect members to the governing body.

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

The form 990 is reviewed and approved by the board prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its financial documents available upon request.

Filing and Contact Details

Filer

Filer Name
Phi Sigma Sigma Inc - Iota Chi Chapter
EIN
82-4685883
Phone
4107991224
Address
1213 LIBERTY RD J 335, ELDERSBURG, MD 21784

Signing Officer

Name
Jenny Bernard
Title
Grand Vice Archon - Finance
Phone
4107991224
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Bernard
Formed
2000
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
173

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
9229 DELEGATES ROW STE 250, INDIANAPOLIS, IN 46240
Preparer
Christine Keith CPA
Phone
3173475200
Supplemental Narrative

Additional Explanations

Form 990, Item B - Amended Statement

The tax return is being amended for a form 990-n being inadvertently filed instead of the form 990.

Raw XML Appendix299 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/AllOtherExpensesGrp/TotalAmt013720
IRS990/AmendedReturnInd0X
IRS990/BooksInCareOfDetail/PersonNm0JENNY BERNARD
IRS990/BooksInCareOfDetail/PhoneNum04107991224
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01213 LIBERTY RD STE J 335
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELDERSBURG
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IRS990/Form990PartVIISectionAGrp/PersonNm4HELENE NESHEIM
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FORMER ARCHON
IRS990/Form990PartVIISectionAGrp/TitleTxt1FORMER VICE ARCHON
IRS990/Form990PartVIISectionAGrp/TitleTxt2FORMER BURSAR
IRS990/Form990PartVIISectionAGrp/TitleTxt3FORMER SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ARCHON
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE ARCHON
IRS990/Form990PartVIISectionAGrp/TitleTxt6BURSAR
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt04597
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupExemptionNum00942
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS BEING AMENDED FOR A FORM 990-N BEING INADVERTENTLY FILED INSTEAD OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS COMPRISED OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE TO APPOINT OR ELECT MEMBERS TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, ITEM B - AMENDED STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY BERNARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GRAND VICE ARCHON - FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum04107991224
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI SIGMA SIGMA INC - IOTA CHI CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0PHIS
ReturnHeader/Filer/EIN0824685883
ReturnHeader/Filer/PhoneNum04107991224
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882730877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09229 DELEGATES ROW STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03173475200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE KEITH CPA
ReturnHeader/ReturnTs02024-11-12T12:04:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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