Sigma Phi Lambda Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 191,704 | 163,640 | 28,064 | 10.3 | 38% |
| 2021 | 194,396 | 156,786 | 37,610 | 13.6 | 50% |
| 2022 | 148,679 | 189,025 | −40,346 | 8.7 | — |
| 2023 | 158,528 | 173,122 | −14,594 | 8.5 | — |
In its most recent public year (2023), this organization spent $14,594 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 10.3 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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