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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 75-2889487

SIGMA PHI LAMBDA INC

Tax-exempt · CORINTH, TX 76210

Financials

$159K$173K2022$225K$164K2023$168K$161K2024
Revenue Expenses · by fiscal year end
Financials of SIGMA PHI LAMBDA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-EZ$167,871$160,846$7,025$192,466$241$192,225
May 31, 2024990$225,102$164,160$60,942$187,918$2,718$185,200
May 31, 2023990-EZ$158,528$173,122-$14,594$124,444$1,360$123,084
Financial details: 990-EZ for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$145,119
Program service revenue
$11,354
Investment income
$5
Net income from sales of inventory
$11,393

Expenses

Grants and similar amounts paid
$11,170
Compensation of officers, directors and key employees
$57,916
Salaries, compensation and benefits (total)
$89,503
Professional fees and payments to contractors
$2,519
Occupancy
$1,342
Printing, publications and postage
$382
Other expenses
$55,930
Program services (functional)
$142,860

Balance sheet and other

Total assets, start of year
$187,918
Total assets, end of year
$192,466
Total liabilities, end of year
$241
Net assets, end of year
$192,225
Cash, savings and investments
$192,466
Gross receipts
$172,050

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CARA MORRISCO EXECUTIVE40$32,620
CHRISTY WATSONCO EXECUTIVE40$25,296
BRITTANY JOHNSON-COLLEDIRECTOR1$0
MEGAN THOMPSONSECRETARY/DI1$0
LESLIE MOORECHAIRPERSON/1$0
SARAH HENZETREASURER/DI1$0
SARAH BROWNDIRECTOR1$0
990 for the year ended May 31, 2024: 7 people
NameTitleHours / weekCompensation
CARA MORRISCO EXECUTIVE
Officer
40$29,969
CHRISTY WATSONCO EXECUTIVE
Officer
40$22,999
SARAH BROWNALUMNAE LIAI
Trustee or director, Officer
2$0
BAILEY GLEITZTREASURER/DI
Trustee or director, Officer
2$0
DEIDRE MERSEALSECRETARY/DI
Trustee or director, Officer
2$0
LESLIE MOORERD LIAISON/D
Trustee or director
2$0
MEGAN THOMPSONCHAIRPERSON/
Trustee or director, Officer
2$0
990-EZ for the year ended May 31, 2023: 7 people
NameTitleHours / weekCompensation
CARA MORRISCO EXECUTIVE40$30,370
CHRISTY WATSONCO EXECUTIVE40$12,675
DEIDRE MERSEALCHAIRPERSON/2$0
MEGAN THOMPSONSECRETARY/DI2$0
JOANNA HILDEBRANDRD LIAISON/D2$0
BAILEY GLEITZTREASURER/DI2$0
BROOKE DEPUEALUMNI RELAT2$0

Address and contacts

Address (IRS master file)
4251 FM 2181 STE 230 PMB 480, CORINTH, TX 76210-4202
Mailing address (990-N for 2021)
4251 FM 2181 Suite 230-480, Corinth TX 76210
Principal officer (990-N for 2021)
Christy Watson, 4251 FM 2181 Suite 230-480, Corinth TX 76210
Signed the 990-EZ
BRITTANY JOHNSON-COLLE, DIRECTOR
Phone
(281) 536-2247
Return prepared by
SOMMERVILLE & ASSOCIATES PC

Mission

SIGMA PHI LAMBDA EXISTS FOR THE SOLE PURPOSE OF GLORIFYING OUR LORD JESUS CHRIST AND MAKING HIS NAME GREAT.

990-EZ for the year ended May 31, 2025

Program accomplishments

  • IN 2024-2025, SIGMA PHI LAMBDA HAD OVER 600 MEMBERS IN ITS CHAPTERS ACROSS THE SOUTHEASTERN UNITED STATES CARRYING OUT ITS PURPOSE OF GLORIFYING GOD AND MAKING HIS NAME GREAT. SIGMA PHI LAMBDA ALSO HOSTED 95 LEADERS AT ITS LEADERSHIP TRAINING RETREAT IN AUGUST 2024, WHERE THE LEADERS PARTICIPATED IN VARIOUS TRAINING SESSIONS TO EQUIP THEM WITH SKILLS TO OVERSEE AND LEAD AT THE 18 SIGMA PHI LAMBDA CHAPTERS.
    Expenses $142,860 · grants $11,170

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-EZ on file
2023May 31, 2024October 15, 2024990 on file

File the 2025 990-EZ for SIGMA PHI LAMBDA INC

Due October 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
75-2889487
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Group exemption
Exempt since
2004
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84)
Group exemption
4309 (21 member organizations)
Assets (IRS master file)
$192,466
Income (IRS master file)
$172,050

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2025$167,871$160,846$192,466XML
990May 2024$225,102$164,160$187,918XML
990-EZMay 2023$158,528$173,122$124,444XML
990-N for 2021
Officer: Christy Watson
May 31, 2022≤ $50,000 receipts––e-Postcard
990-EZMay 2022–––IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2889487).

Questions about SIGMA PHI LAMBDA INC

What is the EIN of SIGMA PHI LAMBDA INC?
The employer identification number (EIN) of SIGMA PHI LAMBDA INC is 75-2889487.
Is SIGMA PHI LAMBDA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to SIGMA PHI LAMBDA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does SIGMA PHI LAMBDA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SIGMA PHI LAMBDA INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SIGMA PHI LAMBDA INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
Who is the principal officer of SIGMA PHI LAMBDA INC?
The 990-N for 2021 names Christy Watson.
Who are the officers and directors of SIGMA PHI LAMBDA INC?
The 990-EZ for the year ended May 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $32,620 (CARA MORRIS, CO EXECUTIVE).
How much revenue does SIGMA PHI LAMBDA INC have?
On its 990-EZ for the year ended May 31, 2025 it reported revenue of $167,871, expenses of $160,846 and total assets of $192,466 at year end.

Organizations in its group exemption (21)

Other nonprofits in CORINTH

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