Sigma Alpha Epsilon Fraternity - North Carolina Epsilon Chapter

Nonprofit profile at a glance

EIN
263642697
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Boone, NC, USA
Phone
8474751856
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Recreational l Clubs

Reported finances

Revenue
$60,226
Expenses
$56,773
Assets
$4,066
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Owen Greiner (Eminent Deputy Archon and Eminent Treasurer)
  • Ethan Chandler (Eminent Archon)
  • Alex Williams (Eminent Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We, the members of North Carolina Epsilon Chapter of Sigma Alpha Epsilon Fraternity, in order to form lifelong bonds of brotherhood; promote the intellectual and moral welfare of our members; and to promote scholarly standards of our association, and in order to be positive, productive members of our campus and community, do ordain and adopt these Bylaws in accordance with the laws of the land, the rules of Appalachian State University in North Carolina, and the Fraternity Laws of Sigma Alpha Epsilon Fraternity.

What it reported doing in 2024

Raised $1020 in a fundraiser for the first responders of Boone after Hurricane Helene. Work with the National Marrow Donor Program(NMDP) every semester. Through this organization, tents are set up around campus and look for people willing to submit mouth swabs to be uploaded into a database in order to see if their bone marrow could be used to save life-threatening blood cancer patients, such as leukemia or lymphoma.

Operating model

Revenue model
Membership-supported. 97% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.