SIGMA THETA CHAPTER OF SIGMA ALPHA MU INC

EIN: 740898333

AUSTIN, TX

Total Revenue
$864,966
Total Expenses
$563,354
Total Assets
$807,670
Net Assets
$807,670
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
TX
Principal Officer
BRUCE GOLDEN
Phone
5122631658
Tax Period
2024-08-01 to 2025-07-31

SIGMA THETA CHAPTER OF SIGMA ALPHA MU INC, founded in 1922, is a small nonprofit that reported $865K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $302K, a strong 35% operating margin.

Mission

SIGMA ALPHA MU'S MISSION IS TO FOSTER THE DEVELOPMENT OF COLLEGIATE MEN AND OUR ALUMNI BY INSTILLING STRONG FRATERNAL VALUES, OFFERING SOCIAL AND SERVICE OPPORTUNITIES, ENCOURAGING ACADEMIC EXCELLENCE AND TEACHING LEADERSHIP SKILLS. WE WILL CONTINUE TO ATTRACT MEMBERS OF ALL BELIEFS WHO APPRECIATE OUR GREAT HERITAGE AS A FRATERNITY OF JEWISH MEN.

Program Service Accomplishments

Program 1

THE SIGMA THETA CHAPTER OF SIGMA ALPHA MU WAS FOUNDED AT THE UNIVERSITY OF TEXAS ON OCTOBER 22,1922 AND IS A STRONG MEMBER OF THE INTERFRATERNITY COUNCIL. THE FRATERNITY CONSISTENTLY RANKS IN THE TOP...

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THE SIGMA THETA CHAPTER OF SIGMA ALPHA MU WAS FOUNDED AT THE UNIVERSITY OF TEXAS ON OCTOBER 22,1922 AND IS A STRONG MEMBER OF THE INTERFRATERNITY COUNCIL. THE FRATERNITY CONSISTENTLY RANKS IN THE TOP 3 FOR ACTIVE GRADE POINT AVERAGE AMONG 26 FRATERNITIES ON CAMPUS. WE HOLD OUR MEMBERS TO A VERY HIGH ACADEMIC STANDARD. OUR MEMBERS MAKE UP A WIDE GEOGRAPHIC DIVERSITY WITH MEMBERS COMING FROM ALL OVER TEXAS AND AROUND THE COUNTRY. MANY SOCIAL EVENTS ARE HELD AT THE CHAPTER HOUSE THROUGHOUT THE SCHOOL YEAR. MEMBERS PARTICIPATE IN ATHLETICS COMPETITIONS AMONG THE OTHER FRATERNITIES ON CAMPUS.

Program 2

MEMBERS OF THE FRATERNITY HOLD LEADERSHIP POSITIONS IN A VARIETY OF DIFFERENT ON-CAMPUS STUDENT ORGANIZATIONS SUCH AS STUDENT GOVERNMENT, INTERFRATERNITY COUNCIL, TEXAS COWBOYS, TEXAS SILVER SPURS...

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MEMBERS OF THE FRATERNITY HOLD LEADERSHIP POSITIONS IN A VARIETY OF DIFFERENT ON-CAMPUS STUDENT ORGANIZATIONS SUCH AS STUDENT GOVERNMENT, INTERFRATERNITY COUNCIL, TEXAS COWBOYS, TEXAS SILVER SPURS, UNIVERSITY FINANCE ASSOCIATION AND UNDERGRADUATE BUSINESS COUNCIL.

Program 3

THE FRATERNITY CULTIVATES A STRONG BOND BETWEEN ITS MEMBERS AND THE JEWISH COMMUNITY AT THE UNIVERSITY OF TEXAS THROUGH INVOLVEMENT WITH THE CHABAD JEWISH STUDENT CENTER AND THE TEXAS HILLEL...

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THE FRATERNITY CULTIVATES A STRONG BOND BETWEEN ITS MEMBERS AND THE JEWISH COMMUNITY AT THE UNIVERSITY OF TEXAS THROUGH INVOLVEMENT WITH THE CHABAD JEWISH STUDENT CENTER AND THE TEXAS HILLEL FOUNDATION. THE CHAPTER ALSO HAS A SIGNIFICANT INVOLVEMENT IN PHILANTHROPIC ENDEAVORS THROUGHOUT THE SCHOOL YEAR BY DONATING THEIR TIME AND RAISING MONEY FOR VARIOUS AREA- WIDE CHARITABLE CAUSES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $692,370
Program Service Revenue $172,593
Investment Income $3
Other Revenue $0
TOTAL REVENUE $864,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,998
Fundraising Expenses $0
Other Expenses $463,356
TOTAL EXPENSES $563,354

Year-over-Year Comparison

2024 2023 Change
Revenue $864,966 $623,272 +0.4%
Expenses $563,354 $486,644 +0.2%
Net Income $301,612 $136,628 +1.2%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY MALTZ PRESIDENT 1.0
Officer Director
$0 $0 $0
BRUCE GOLDEN TREASURER 1.0
Officer Director
$0 $0 $0
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 $864,966 $563,354 $807,670 $301,612
2024 $623,272 $486,644 $506,145 $136,628
2023 $679,952 $549,151 $369,700 $130,801
2022 $1,132,741 $1,067,471 $206,780 $65,270
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