Sigma Sigma Sigma Incorporated

Nonprofit profile at a glance

EIN
730654150
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Chapel Hill, NC, USA
Phone
5404594212
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,946,204
Expenses
$3,085,074
Assets
$11,581,756
Liabilities
$4,003,264

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

Leadership & pay

7 people listed

Executive titles in this filing

  • JOYCE O'DANIEL (NATIONAL PRESIDENT)
  • LAUREN MORAN (NATIONAL VICE PRESIDENT)
  • KARA MILLER MCCARTY (NATIONAL VICE PRESIDENT)
  • CRYSTAL JONES (NATIONAL VICE PRESIDENT)
  • VERONICA SEYMOUR (NATIONAL VICE PRESIDENT)
  • JENNA MARTIN-PENDRY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JENNA MARTIN-PENDRY (EXECUTIVE DIRECTOR): $135,085 total reported compensation

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

Overview

Mission

The sorority was created to establish and operate a collegiate social organization and to provide a lifelong experience for its members.

What it reported doing in 2024

Chapter supplies and publications - provides the individual collegiate chapters with customized supplies and publications necessary for chapter operation. A periodic magazine is also published.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.7%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 3.75; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $135K · 7 people listed
  • Highest-paid contractors: 2 contractors listed · $530K reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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 — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.