SIGMA ALPHA IOTA PHILANTHROPIES INC (EIN 237391912) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Phone

8282510606

Tax Period

2024-07-01 to 2025-06-30

SIGMA ALPHA IOTA PHILANTHROPIES INC, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $845K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $324K, a strong 38% operating margin.

Mission

TO ADVANCE ALL PHASES OF MUSIC AND TO RAISE STANDARDS OF MUSIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $241,699

Program Service Revenue $395

Investment Income $545,439

Other Revenue $57,351

TOTAL REVENUE $844,884

Expense Breakdown

Grants Paid $179,388

Salaries & Benefits $4,400

Fundraising Expenses $0

Program Expenses $360,606

Other Expenses $336,942

TOTAL EXPENSES $520,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$844,884	$780,053	+0.1%
Expenses	$520,730	$378,283	+0.4%
Net Income	$324,154	$401,770	-0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$90,000

Total Directors

$53,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christin Vare	Secretary	2.0	Officer Director	$0	$0	$0
Susan Christopher	Vice Chairman	5.0	Officer Director	$0	$0	$0
Tamara Shoemaker	Treasurer	5.0	Officer Director	$1,200	$0	$1,200
Tracey Wygal Withrow	Chairman	10.0	Officer Director	$3,200	$0	$3,200
Ayanna-Mone' Arnold	Board Member	2.0	Director	$0	$0	$0
Christine Bruns	Ex Officio	10.0	Director	$0	$0	$42,800
Jessica Chichester	SAI President	2.0	Director	$0	$0	$5,000
Keri Richburg	Ex Officio	2.0	Director	$0	$0	$1,500
Leslie Hoggatt	Board Member	2.0	Director	$0	$0	$0
Ruth Sieber Johnson	Ex Officio	10.0	Officer	$0	$0	$85,600

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$844,884	$520,730	$6,646,077	$324,154
2024	No data	No data	No data	No data
2023	$618,985	$489,293	$5,704,696	$129,692
2022	$517,775	$333,423	$5,369,125	$184,352
2021	$615,153	$349,463	$6,005,761	$265,690
2020	$232,842	$314,246	$5,196,531	$-81,404
2019	$647,613	$412,027	$5,207,892	$235,586
2018	$1,809,167	$384,710	$4,841,954	$1,424,457

SIGMA ALPHA IOTA PHILANTHROPIES INC