Overview
What is Sigep Lead Fund?
Sigep Lead Fund is a nonprofit initiative associated with Sigma Phi Epsilon fraternity. Their primary objective is to offer continuous development experiences to fraternity members, focusing on scholarly growth, leadership skills, and personal enrichment. This aligns with the fraternity's broader mission of "Building Balanced Men." The fund's programs aim to prepare undergraduates for success both during and after college. They accomplish this by delivering educational content that fosters lifelong enrichment, achievement, and development, which is encapsulated in the acronym LEAD. The program is available to all fraternity members and is based in Richmond, Virginia.
Official website here: www.sigep.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Sigep Lead Fund has received a respectable Three-Star rating due to its score of 81%, which reflects a strong emphasis on accountability and finance. The charity excels in maintaining a fully independent board with 100% independent members, ensuring transparency and proper governance. Additionally, the organization has robust financial oversight mechanisms in place, as indicated by its high scores in areas such as audit and oversight, conflict of interest policy, and whistleblower policy.
A notable strength of the Sigep Lead Fund is its program expense ratio, which stands at an impressive 91.63%. This high percentage suggests that a significant portion of its resources are directly invested in fulfilling its mission, a positive indicator for donors concerned about the impact of their contributions. However, the organization faces challenges with its liabilities to assets ratio, which is recorded at 71.01%. This metric indicates a higher level of liabilities relative to its assets and may be a point of concern for potential donors regarding the organization's financial stability.
Overall, while the Sigep Lead Fund demonstrates commendable governance and a strong commitment to its programs, potential supporters may want to consider its financial liabilities in relation to its assets when deciding on their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Sigep Lead Fund legitimate?
Sigep Lead Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigep Lead Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,565
For more financial information, click here
Official website here: www.sigep.org
What is the mission statement of Sigep Lead Fund?
The Sigep Lead Fund, an organization affiliated with Sigma Phi Epsilon Fraternity, is committed to providing its members with education that fosters their development into well-rounded leaders, both during and after their college years. This mission is encapsulated in the acronym LEAD, representing Lifelong Enrichment, Achievement, and Development. The Sigep Lead Fund aims to further the mission of Sigma Phi Epsilon Fraternity, which is to build balanced men, by offering educational programs. These programs are designed to prepare undergraduate men for success by complementing their university coursework with a focus on scholarship, leadership, and life skills. The Balanced Man Program, available to all fraternity members, is a key component of this continuous development experience.
Official website here: www.sigep.org
Who is the CEO of Sigep Lead Fund?
Brian Warren is the Treasurer of Sigep Lead Fund.
Official website here: www.sigep.org
What is the revenue of Sigep Lead Fund?
Sigep Lead Fund's revenue in 2022 was $2,162,713.
Official website here: www.sigep.org
Who are the executives of Sigep Lead Fund and what are their salaries?
There 955 volunteers at Sigep Lead Fund.
Here are 9 key members and their salaries:
- Compensation: $72,976
- Related: $0
- Other: $0
- Compensation: $57,723
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $307,238
- Compensation: $81,116
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $80,390
- Compensation: $0
- Related: $0
- Other: $107,812
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $144,210
- Compensation: $0
- Related: $0
- Other: $131,801
Official website here: www.sigep.org
Where can I find the form 990 for Sigep Lead Fund?
Sigep Lead Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sigep.org
Learn more at the official website: www.sigep.org
Mission Statement of Sigep Lead Fund
Sigep Lead Fund, an organization affiliated with Sigma Phi Epsilon Fraternity, aims to empower its members by providing them with relevant and impactful education. This mission is geared towards preparing undergraduate men for success both during and after their college years. The organization uses the acronym LEAD, which stands for Lifelong Enrichment, Achievement, and Development, to encapsulate its mission of building balanced men. Through the Balanced Man Program, Sigep Lead Fund offers a continuous development experience that complements a university's classroom curriculum, focusing on scholarly pursuits, leadership, and life skills. This program is open to all fraternity members, providing them with a comprehensive set of tools to navigate their academic and personal journeys successfully.
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Impact
July, 2024
The Sigep Lead Fund has a significant impact on developing undergraduate men into balanced leaders both during and after college. Through its Balanced Man Program, the organization provides fraternity members with a continuous development experience focusing on scholarship, leadership, and life skills. By complementing university curriculums with these educational programs, Sigep Lead Fund is actively working towards advancing the mission of Sigma Phi Epsilon Fraternity and preparing undergraduate men for success in all aspects of their lives.
This information is meant to be a general summary of Sigep Lead Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,002,734
- Gross Receipts: $2,162,713
Assets and Liabilities:
- Total Assets: $671,828
- Total Liabilities: $294,765
- Net Assets: $377,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REG. FEES-ADD'L UNDERG
Revenue
$1,002,734
Organization Details
Founding Year
2013
Phone
(804) 612-1408Principal Officer
Brian Warren
Main Address
310 S ARTHUR ASHE BOULEVARD, RICHMOND, VA, 23220
Website
www.sigep.orgNTEE Category
Code: B82 - Education
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