Overview
What is Phi Eta Sigma National Honor Society Inc?
Phi Eta Sigma National Honor Society Inc, situated in Tuscaloosa, Alabama, is a distinguished nonprofit organization with a mission to promote academic excellence. They achieve this by granting scholarships to exceptional college students who maintain high academic standards. Established with the objective of encouraging and recognizing top-performing first-year students in higher education institutions, this society operates with a team of ten dedicated individuals. Their work is instrumental in fostering a culture of academic achievement and fostering the growth of intellectually gifted students.
Official website here: www.phietasigma.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Phi Eta Sigma National Honor Society Inc has earned an 81% score, reflecting a solid Three-Star rating based on its accountability and finance metrics. The organization scores well in various areas, including having a fully independent board and no material diversion of assets. With a program expense ratio of nearly 88%, the society demonstrates a strong commitment to using its resources effectively to support its mission.
User reviews highlight the significant positive impact Phi Eta Sigma has on its members, emphasizing the networking, leadership development, and personal growth opportunities it provides. Many former members express gratitude for how the society has enhanced their academic experiences and helped them build lifelong friendships. This feedback suggests that the organization effectively fosters a supportive community and encourages members to excel in various aspects of their lives.
While the overall feedback is overwhelmingly positive, the ratings indicate that the organization is primarily evaluated on its financial health and governance rather than its programmatic impact. This could limit insight into how well the society is achieving its mission beyond its financial metrics. Nevertheless, Phi Eta Sigma appears to be a valuable resource for students seeking personal and professional development through a national honor society framework.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Phi Eta Sigma National Honor Society Inc legitimate?
Phi Eta Sigma National Honor Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Eta Sigma National Honor Society Inc 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: $220,498
For more financial information, click here
Official website here: www.phietasigma.org/
What is the mission statement of Phi Eta Sigma National Honor Society Inc?
Phi Eta Sigma National Honor Society Inc's mission is centered around fostering academic excellence. The organization aims to motivate and honor academically outstanding first-year students in higher education institutions by providing scholarships. Their goal is to inspire a culture of academic achievement among these students, encouraging them to maintain high academic standards throughout their college years.
Official website here: www.phietasigma.org/
Who is the CEO of Phi Eta Sigma National Honor Society Inc?
Mary Lee Caldwell is the Executive Committe Member of Phi Eta Sigma National Honor Society Inc.
Official website here: www.phietasigma.org/
What is the revenue of Phi Eta Sigma National Honor Society Inc?
Phi Eta Sigma National Honor Society Inc's revenue in 2022 was $835,871.
Official website here: www.phietasigma.org/
Who are the executives of Phi Eta Sigma National Honor Society Inc and what are their salaries?
The average compensation at Phi Eta Sigma National Honor Society Inc during 2022 was $22,050. There are 10 employees at Phi Eta Sigma National Honor Society Inc.
Here are 11 key members and their salaries:
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Official website here: www.phietasigma.org/
Where can I find the form 990 for Phi Eta Sigma National Honor Society Inc?
Phi Eta Sigma National Honor Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phietasigma.org/
Learn more at the official website: www.phietasigma.org/
Mission Statement of Phi Eta Sigma National Honor Society Inc
Phi Eta Sigma National Honor Society Inc is an organization dedicated to promoting and celebrating academic excellence among first-year students in institutions of higher learning. Their mission, in simple terms, is to incentivize and honor outstanding academic achievements among these freshman scholars. To accomplish this, the society awards scholarships to its college student members who consistently maintain high academic standards. By doing so, Phi Eta Sigma National Honor Society Inc encourages academic rigor and recognizes the hard work and dedication of its members, thereby fostering a culture of academic excellence on college campuses.
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Impact
July, 2024
Phi Eta Sigma National Honor Society Inc has a significant impact on academic excellence by encouraging and rewarding high scholastic achievement among first-year students in institutions of higher learning. Through awarding scholarships to college student members who attain high academic standards, the organization motivates and supports students in their pursuit of academic success. This focus on recognizing and celebrating scholastic achievement helps create a culture of excellence within educational institutions, benefiting both individual students and the broader academic community.
This information is meant to be a general summary of Phi Eta Sigma National Honor Society Inc. 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.
- Investment Income: $278,317
- Program Service Revenue: $547,554
- Gross Receipts: $1,587,742
Assets and Liabilities:
- Total Assets: $7,736,330
- Total Liabilities: $56,217
- Net Assets: $7,680,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INITIATION FEES - GENE
Revenue
$479,682
MERCHANDISE SALES
Revenue
$64,081
MISCELLANEOUS INCOME
Revenue
$3,791
Organization Details
Founding Year
1922
Phone
(205) 348-0975Principal Officer
Mary Lee Caldwell
Main Address
PO BOX 870261 2203, TUSCALOOSA, AL, 35487
Website
www.phietasigma.org/NTEE Category
Code: B80 - Education
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