Sigma Alpha Epsilon Foundation

EIN: 362170145 501(c)(3) Education

Evanston, IL

Total Revenue
$4,656,583
Total Expenses
$2,919,538
Total Assets
$28,352,844
Net Assets
$28,270,223
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
IL
Principal Officer
Steve Mitchell
Phone
8474751856
Tax Period
2024-07-01 to 2025-06-30

Sigma Alpha Epsilon Foundation, founded in 1927, is a community nonprofit in the Education sector that reported $4.7M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 37% operating margin.

Mission

To support its members and their chapters to help fulfill their educational aspirations and goals; to promote programs teaching leadership, scholarship, and personal development; and to ensure the preservation of Levere Memorial Temple.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,097,834
Program Service Revenue $86,000
Investment Income $1,418,751
Other Revenue $53,998
TOTAL REVENUE $4,656,583

Expense Breakdown

Grants Paid $1,340,489
Salaries & Benefits $0
Fundraising Expenses $523,542
Program Expenses $1,973,127
Other Expenses $1,579,049
TOTAL EXPENSES $2,919,538

Year-over-Year Comparison

2024 2023 Change
Revenue $4,656,583 $3,905,211 +0.2%
Expenses $2,919,538 $3,751,942 -0.2%
Net Income $1,737,045 $153,269 +10.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
220

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
3
$515,560
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Lamantia Trustee 2.00
Director
$0 $0 $0
Scott Pointner Secretary 2.00
Director
$0 $0 $0
Dan Alsaker Trustee 2.00
Director
$0 $0 $0
Jack Counts Trustee 2.00
Director
$0 $0 $0
Bo Sederstrom Trustee 2.00
Director
$0 $0 $0
Debashis Chowdhury Trustee 2.00
Director
$0 $0 $0
Grant Gier Trustee 2.00
Director
$0 $0 $0
Hugh Miller Trustee 2.00
Director
$0 $0 $0
Les Ireland Chairman 2.00
Director
$0 $0 $0
Henry Beattie Trustee 2.00
Director
$0 $0 $0
Graham Hill Trustee 2.00
Director
$0 $0 $0
Matthew Weinstein Trustee 2.00
Director
$0 $0 $0
Peter Mitchell Trustee 2.00
Director
$0 $0 $0
Steve Mitchell CEO 20.00
Officer
$0 $8,523 $292,637
Dan Stanczak Chief Bus. Officer 16.00
Officer
$0 $3,627 $124,519
Juan Faria Sr Director of Finance 13.00
Officer
$0 $8,612 $98,404
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 $4,656,583 $2,919,538 $28,352,844 $1,737,045
2024 No data No data No data No data
2023 $3,347,919 $2,715,988 $23,508,126 $631,931
2022 $4,148,154 $2,546,305 $21,163,081 $1,601,849
2021 $6,022,292 $3,338,472 $23,237,112 $2,683,820
2020 $3,033,561 $2,307,286 $18,656,401 $726,275
2019 $2,212,097 $1,914,420 $18,859,844 $297,677
2018 $2,774,221 $2,111,467 $18,103,125 $662,754
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Sigma Alpha Epsilon Foundation with other nonprofits in Illinois and across the country.