Overview
What is Phi Sigma Iota Foreign Language National Honor Society?
Phi Sigma Iota Foreign Language National Honor Society is a distinguished organization situated in Meadville, Pennsylvania, with a postal address at 520 N Main Street. This nonprofit society, established across numerous colleges and universities across the United States, is dedicated to the support, scholarships, and education of its members in foreign languages. The society boasts around 3,500 members who derive benefits from its initiatives. The primary focus of Phi Sigma Iota is to offer continuous education in foreign languages, aiming to equip its members with a deeper understanding and appreciation of various linguistic cultures. The organization's modest workforce of two individuals is committed to upholding its mission.
Official website here: www.phisigmaiota.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
Phi Sigma Iota Foreign Language National Honor Society has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 97%, with its rating derived entirely from its commitment to accountability and finance. This score reflects the society's responsible management of resources and adherence to best practices.
The organization demonstrates notable strengths, including a fully independent board with 100% independent members, and no material diversion of assets, which showcases strong governance and integrity. Additionally, Phi Sigma Iota efficiently allocates its expenses, with 93.97% of its budget directed toward programs, underscoring its mission-driven focus and dedication to supporting its members and communities.
However, while the financial metrics are strong, details regarding the society's specific program outcomes or impact on its community are not highlighted in the rating. This absence of information may limit the ability of potential supporters to assess the broader effectiveness of the organization beyond financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Phi Sigma Iota Foreign Language National Honor Society legitimate?
Phi Sigma Iota Foreign Language National Honor Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Sigma Iota Foreign Language National Honor Society 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: $10,000
For more financial information, click here
Official website here: www.phisigmaiota.org
What is the mission statement of Phi Sigma Iota Foreign Language National Honor Society?
The Phi Sigma Iota Foreign Language National Honor Society is dedicated to providing continuous education in foreign languages. As an honor society with chapters at universities and colleges across the United States, it offers support, scholarships, and educational opportunities to its approximately 3,500 members. The organization's mission is centered around fostering a deeper understanding of foreign languages, thereby benefiting its members.
Official website here: www.phisigmaiota.org
Who is the CEO of Phi Sigma Iota Foreign Language National Honor Society?
Pauline Lanzine is the President of Phi Sigma Iota Foreign Language National Honor Society.
Official website here: www.phisigmaiota.org
What is the revenue of Phi Sigma Iota Foreign Language National Honor Society?
Phi Sigma Iota Foreign Language National Honor Society's revenue in 2023 was $57,786.
Official website here: www.phisigmaiota.org
Who are the executives of Phi Sigma Iota Foreign Language National Honor Society and what are their salaries?
The average compensation at Phi Sigma Iota Foreign Language National Honor Society during 2023 was $5,000. There are 2 employees and 5 volunteers at Phi Sigma Iota Foreign Language National Honor Society.
Here are 5 key members and their salaries:
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Official website here: www.phisigmaiota.org
Where can I find the form 990 for Phi Sigma Iota Foreign Language National Honor Society?
Phi Sigma Iota Foreign Language National Honor Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.phisigmaiota.org
Learn more at the official website: www.phisigmaiota.org
Mission Statement of Phi Sigma Iota Foreign Language National Honor Society
Phi Sigma Iota Foreign Language National Honor Society, a renowned organization with chapters at colleges and universities across the United States, is committed to fostering continuous education in foreign languages. Their mission is twofold: firstly, they provide educational resources and support to their members, who are approximately 3,500 strong. Secondly, they focus on promoting foreign language studies, leveraging their influence to benefit their members. Phi Sigma Iota Foreign Language National Honor Society serves as a beacon of knowledge and development in the realm of foreign languages, advocating for and nurturing the linguistic abilities of its members.
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Impact
August, 2024
Phi Sigma Iota Foreign Language National Honor Society has had a significant impact on the education and support of its members in foreign languages. With approximately 3,500 members benefiting from its programs, scholarships, and educational resources, this honor society plays a crucial role in promoting excellence and proficiency in various foreign languages. By establishing chapters at colleges and universities across the United States, Phi Sigma Iota provides a platform for students to enhance their language skills, engage in cultural exchange, and develop a deeper understanding of global communication. Through its mission of providing continuing education in foreign languages, Phi Sigma Iota contributes to the academic and personal growth of its members, preparing them for success in an increasingly diverse and interconnected world.
This information is meant to be a general summary of Phi Sigma Iota Foreign Language National Honor Society. 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 2023.
- Investment Income: $14,655
- Program Service Revenue: $43,126
- Gross Receipts: $57,786
Assets and Liabilities:
- Total Assets: $592,106
- Total Liabilities: $0
- Net Assets: $592,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$43,126
Organization Details
Founding Year
1966
Phone
(814) 332-4886Principal Officer
Pauline Lanzine
Main Address
520 N MAIN STREET, MEADVILLE, PA, 16335
Website
www.phisigmaiota.orgNTEE Category
Code: B03 - Education
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