Phi Eta Sigma National Honor Society Inc in Bowling Green, Kentucky (KY)

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Phi Eta Sigma National Honor Society Inc
Employer Identification Number (EIN)611286470
Name of OrganizationPhi Eta Sigma National Honor Society Inc
In Care of NameJohn Sagabiel
Address1906 College H, Bowling Green, KY 42101
ActivitiesDescribed in section 509(a)(2) of the Code, Other student society or group
SubsectionEducational Organization
Ruling Date09/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,359,783
Amount of Income$1,011,848
Form 990 Revenue Amount$1,011,848
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Services, Organizations of Students


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Amount of income in 2014: $1,011,848 (it was $853,893 in 2013)
Phi Eta Sigma National Honor Society Inc: 

 $1,011,848
Other organizations performing similar types of work: 

 $85,334

Assets in 2014: $6,359,783 (it was $5,825,163 in 2013)
This organization: 

 $6,359,783
Other organizations performing similar types of work: 

 $44,771

Expenses in 2014: $719,816
Phi Eta Sigma National Honor Society Inc: 

 $719,816
Other organizations performing similar types of work: 

 $64,634

Income to expenses ratio in 2014: 1.4
This organization: 

 1.4
Other organizations performing similar types of work: 

 0.8

Number of employees in 2014: 7
This organization: 

 7
Other organizations performing similar types of work: 

 1

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 109600
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return77
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$72,000$74,350
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201220132014
Total revenue$1,047,019$853,893$1,011,848
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$664,189$669,497$785,068
900099$533,435$570,095
900099$76,205$142,525
900099$57,408$68,580
900099$336$1,915
900099$775$1,414
All other program service revenue$1,338$539
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$343,529$173,684$226,780
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$-3,177$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$42,478$10,712$0
Statement of Functional Expenses
201220132014
Total functional expenses$700,521$697,685$719,816
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$299,000$288,500
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$83,992$72,000$74,350
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$80,459$69,805$91,419
Pension plan accruals and contributions$0$24,600
Other employee benefits$19,162$0
Payroll taxes$12,986$12,436$15,446
Fees for services (non-employees)
Management$0$0
Legal$1,325$0
Accounting$13,900$7,908
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$0$0
Office expenses$21,871$24,720
Information technology$0$5,524
Royalties$0$0
Occupancy$0$0
Travel$8,946$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$40,052$63,150
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$2,059$2,541
Insurance$1,462$2,701
Other expenses$1,395$39,793
Other expenses$39,562$803
Other expenses$78,152$75,809
Other expenses$12,747$2,552
Balance Sheet
201220132014
Total assets$5,797,591$5,825,163$6,359,783
Cash - non-interest-bearing$822,500$1,043,973
Savings and temporary cash investments$362,273$364,288
Pledges and grants receivable, net$0$0
Accounts receivable, net$106,700$86,985
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$48,105$38,639
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$7,825$9,289
Investments - publicly traded securities$4,418,511$4,764,747
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$59,249$51,862
Total liabilities$160,882$32,246$55,357
Accounts payable and accrued expenses$32,246$55,357
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$5,636,709$5,792,917$6,304,426
Unrestricted net assets$3,384,861$3,471,188
Temporarily restricted net assets$0$0
Permanently restricted net assets$2,408,056$2,833,238
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$3,324,077
Subtotal$3,362,631
Gifts, grants, contributions, and membership fees received$3,116,491
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$246,140
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$38,554
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$38,554
Total support$4,472,240
Public support$3,362,631
Subtotal$957,679
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$957,679
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$151,930
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2Rotary Foundation Of Prospect- Goshen IncPO BOX 215, Prospect, KY 40059-0215KY1996-10$43,272
3Academy Of Cultural & Historical Excellence Inc416 W Muhammad Ali Blvd Ste 201, Louisville, KY 40202KY2009-12$0
4American Student Dental Association800rose St Chandler Medical Center, Lexington, KY 40508KY1971-10$0
5American Student Dental Association501 South Preston Street Room 234, Louisville, KY 40202KY1971-10$0
6Barren County Alumni Association507 Trojan Trail, Glasgow, KY 42141KY2009-03$0
7Bluegrass Gymnastic Boosters Inc1240 Gainesway Dr, Lexington, KY 40517-2813KY1997-10$0
8Bowling Green Hs Volley Ball BoostersPO BOX 65, Bowling Green, KY 42102-0065KY2014-08$0
9Bridge The Divide517 S 4th St, Louisville, KY 40202-2503KY2014-06$0
10Cardinal Leadership Institute Inc, Louisville PatriotUniversity Of Louisville, Louisville, KY 40292-0001KY2005-03$0
11D A R E Of Marshall County Inc202 W 5th St, Benton, KY 42025-1100KY1997-01$0
12Fayette County Project GraduationPO BOX 22174, Lexington, KY 40522-2174KY1996-10$0
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Number of organizations performing similar types of work
Alaska4
Alabama44
Arkansas18
Arizona44
California358
Colorado52
Connecticut46
District of Columbia29
Delaware21
Florida143
Georgia124
Hawaii17
Iowa22
Idaho11
Illinois90
Indiana58
Kansas26
Kentucky31
Louisiana43
Massachusetts82
Maryland77
Maine13
Michigan95
Minnesota60
Missouri50
Mississippi23
Montana12
North Carolina88
North Dakota4
Nebraska16
New Hampshire11
New Jersey83
New Mexico21
Nevada25
New York181
Ohio85
Oklahoma30
Oregon31
Pennsylvania101
Rhode Island14
South Carolina39
South Dakota7
Tennessee50
Texas232
Utah13
Virginia80
Vermont14
Washington63
Wisconsin47
West Virginia10
Wyoming8
International5
Total2,851
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralPhi Eta Sigma National Honor Society Inc1906 College H, Bowling Green, KY 42101KY2014-09$1,011,848
SubordinatePhi Eta Sigma National Honor Society IncUna Box 5225, Florence, AL 35632AL2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc11000 University Pkwy Bldg 18/150, Pensacola, FL 32514FL2014-09$0
SubordinatePhi Eta Sigma National Honor Society IncBox 1058, Edwardsville, IL 62026IL2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc1 University Ave, Angola, IN 46703-1752IN2014-09$0
SubordinatePhi Eta Sigma National Honor Society IncMsu 150 University Blvd Upo 468, Morehead, KY 40351KY2014-09$0
SubordinatePhi Eta Sigma National Honor Society IncP O Box 2023, Thibodaux, LA 70310LA2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc2404 11th Ave, Kearney, NE 68849NE2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc400 Cedar Avenue, West Long Branch, NJ 07764NJ2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc235 Student Union, Buffalo, NY 14260NY2014-09$0
SubordinatePhi Eta Sigma National Honor Society IncBurgett 123/525 S Main Street, Ada, OH 45810OH2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, University Of Tulsa Phi Eta Sigma Honor Society800 South Tucker Drive, Tulsa, OK 74104-9700OK2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc218 Administration Building, Martin, TN 38238TN2014-09$0
SubordinatePhi Eta Sigma National Honor Society IncPo Box 13040 Sfa, Nacogdoches, TX 75962TX2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc195 South Central Campus Drive, Salt Lake City, UT 84112UT2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, U Of Puget Sound Phi Eta Sigma Nhs1500 N Warner Cmb 1013, Tacoma, WA 98416WA2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, University Of West Alabama Chapter205 N Washington St - Foust Hall 7, Livingston, AL 35470AL2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, University Of Tampa Chapter401 W Kennedy Blvd, Tampa, FL 33606-1450FL2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, Mercer University Chapter1400 Coleman Ave, Macon, GA 31207-0001GA2014-09$0
SubordinatePhi Eta Sigma National Honor Society Inc, Lsu Chapter Of Phi Eta Sigma150 Allen Hall, Baton Rouge, LA 70803-0001LA2014-09$0
Number of affiliated organizations
Alabama2
Florida2
Georgia1
Illinois1
Indiana1
Kentucky2
Louisiana3
Maryland1
Missouri1
Mississippi1
North Carolina1
North Dakota2
Nebraska1
New Jersey1
New York3
Ohio2
Oklahoma1
Oregon1
Pennsylvania1
Tennessee4
Texas3
Utah1
Virginia1
Washington3
Wisconsin1
Total41

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