MICHIGAN SIGMA PHI INC CO HELEN NOTARIO

EIN: 800579948

Ann Arbor, MI

Total Revenue
$-3,992
Total Expenses
$29,252
Total Assets
$1,161,222
Net Assets
$1,159,066
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MI
Principal Officer
HELEN NOTARIO
Phone
9896192185
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN SIGMA PHI INC CO HELEN NOTARIO, founded in 2010, is a micro nonprofit that reported $4K in total revenue in fiscal year 2024. Revenue fell 196% from the prior year — a significant decline worth monitoring.

Mission

1. To act as an alumni association for all past and future initiates of the local chapters of Sigma Phi and its successors at University of Michigan, Ann Arbor.2. To maintain an undergraduate fraternity chapter of Sigma Phi at University of Michigan, Ann Arbor.3. To advise, guide and assist the local chapter of Sigma Phi at University of Michigan, Ann Arbor in every way, shape and form possible.4. To promote fraternity, scholarship, leadership, high moral standards and recreation among its members and all members of Sigma Phi Fraternity in accordance with the principles, traditions and ritual of the Fraternity.During 2010, an alumnus of Sigma Phi passed away and Michigan Sigma Phi, Inc. was the beneficiary of a $1,000,000 bequest. He wanted to ensure that the fraternity house was maintained for future generations.The $1,000,000 and the income it generates is specifically earmarked for the maintenance, upkeep and improvements of the fraternity house.Since the investment income is derive

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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 $0
Program Service Revenue $0
Investment Income $81,111
Other Revenue $-85,103
TOTAL REVENUE $-3,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $29,252
TOTAL EXPENSES $29,252

Year-over-Year Comparison

2024 2023 Change
Revenue $-3,992 $4,165 -2.0%
Expenses $29,252 $13,024 +1.2%
Net Income $-33,244 $-8,859 +2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN NOTARIO President 2.00
Officer Director
$0 $0 $0
RIS MAE LOBBIA Treasurer 1.00
Officer Director
$0 $0 $0
JOHN GUNNING Secretary 1.00
Officer Director
$0 $0 $0
MARK BEOUGHER Director 1.00
Director
$0 $0 $0
AMANDA VOGEL Director 1.00
Director
$0 $0 $0
SPENCER COWLEY Secretary 1.00
Officer Director
$0 $0 $0
KEVIN LALIBERTE Director 1.00
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
2024 $-3,992 $29,252 $1,161,222 $-33,244
2023 No data No data No data No data
2022 $-47,214 $11,724 $1,205,907 $-58,938
2021 $77,257 $27,817 $1,264,008 $49,440
2020 $26,924 $4,416 $1,217,003 $22,508
2019 $48,683 $8,694 $1,197,909 $39,989
2018 $16,336 $9,018 $1,152,420 $7,318
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