The Grand Boule' of Sigma Pi Phi Fraternity (EIN 591314521) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1912

Legal Domicile

Principal Officer

Michael Bruno

Phone

4045299919

Tax Period

2023-01-01 to 2023-12-31

The Grand Boule' of Sigma Pi Phi Fraternity, founded in 1912, is a community nonprofit in the Mutual Benefit sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $639K, a strong 25% operating margin.

Mission

Sigma Pi Phi Fraternity is organized exclusively for charitable, literary and educational purposes for like minded men to accomplish through concerted efforts things that could not be accomplished by individual effort.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,374,441

Program Service Revenue $157,330

Investment Income $63,572

Other Revenue $10,111

TOTAL REVENUE $2,605,454

Expense Breakdown

Grants Paid $190,887

Salaries & Benefits $601,880

Fundraising Expenses $0

Other Expenses $1,173,509

TOTAL EXPENSES $1,966,276

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,605,454	$5,161,286	-0.5%
Expenses	$1,966,276	$6,498,090	-0.7%
Net Income	$639,178	$-1,336,804	-1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$141,722

Total Directors

$141,722

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel Bacote	Grand Grammateus	50.00	Officer Director	$0	$0	$78,722
Khephra K Burns	Grand Grapter-Editor Boul	25.00	Officer Director	$0	$0	$20,000
Micheal B Bruno CPA	Grand Thesauristes-Treasur	25.00	Officer Director	$0	$0	$18,000
Antoine M Garibaldi	Grand Sire Archon-Chairman	25.00	Officer Director	$0	$0	$25,000
Loren Douglas	Grand Sire Archon-Elect	3.00	Officer Director	$0	$0	$0
Dwayne M Murray	Immediate Past Grand Sire	25.00	Officer Director	$0	$0	$0
Anthony W Hall Jr	Chairman, The Boule' Found	2.00	Director	$0	$0	$0
Carl Stewart	Grand Rhetoricos	2.00	Officer Director	$0	$0	$0
Kyle Kelly	Grand Agogos	2.00	Officer Director	$0	$0	$0
David C Tapscott	Northeast Region Sire Arch	2.00	Officer Director	$0	$0	$0
James A Welch	Southeast Region Sire Arch	2.00	Officer Director	$0	$0	$0
Askia B Amand	Western Region Sire Archon	2.00	Officer Director	$0	$0	$0
Calvin D Heard	Central Region Sire Archon	2.00	Officer Director	$0	$0	$0
Kanahl R Kendrick	Pacific Region Sire Archon	2.00	Officer Director	$0	$0	$0
Bennett Gaines	Executive Director	50.00	Highest	$0	$0	$103,500

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
2024	No data	No data	No data	No data
2023	$2,605,454	$1,966,276	$4,056,923	$639,178
2022	$5,161,286	$6,498,090	$3,341,260	$-1,336,804
2021	$3,084,702	$1,909,426	$4,330,483	$1,175,276
2020	$2,297,415	$2,220,425	$3,230,329	$76,990

The Grand Boule' of Sigma Pi Phi Fraternity