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Nonprofit · EIN 31-1681459

ALPHA SIGMA FOUNDATION

Tax-exempt · HILLSBOROUGH, NC 27278

Financials

$119K$41K2022$218K$50K2023$104K$68K2024
Revenue Expenses · by fiscal year end
Financials of ALPHA SIGMA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$104,376$68,298$36,078$1,380,657$0$1,380,657
June 30, 2024990$217,958$50,477$167,481$1,249,003$0$1,249,003
June 30, 2023990$118,608$40,687$77,921$966,503$0$966,503
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$66,652
Program service revenue
$0
Investment income
$37,724
Other revenue
$0

Expenses

Grants and similar amounts paid
$57,807
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$8,691
Accounting fees
$1,800
Program services (functional)
$57,807
Management and general (functional)
$1,800
Fundraising (functional)
$8,691

Balance sheet and other

Total assets, start of year
$1,249,003
Total assets, end of year
$1,380,657
Total liabilities, end of year
$0
Net assets, end of year
$1,380,657
Publicly traded securities
$1,275,347
Gross receipts
$104,376
Employees
0
Volunteers
6
Year formed
1999
State of legal domicile
NC

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SCOTT NORBERGPRESIDENT
Trustee or director, Officer
0.25$0
BEN ADAMSTREASURER
Trustee or director, Officer
0.25$0
WILL CACHINEDIRECTOR
Trustee or director
0.1$0
DAVID LLOYDDIRECTOR
Trustee or director
0.1$0
MARC NELSONDIRECTOR
Trustee or director
0.1$0
TREVOR THORNTONDIRECTOR
Trustee or director
0.1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
SCOTT NORBERGPRESIDENT
Trustee or director, Officer
0.25$0
BEN ADAMSTREASURER
Trustee or director, Officer
0.25$0
WILL CACHINEDIRECTOR
Trustee or director
0.1$0
DAVID LLOYDDIRECTOR
Trustee or director
0.1$0
MARC NELSONDIRECTOR
Trustee or director
0.1$0
TREVOR THORNTONDIRECTOR
Trustee or director
0.1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
SCOTT NORBERGPRESIDENT
Trustee or director, Officer
0.25$0
WILLIAM F A DECOSIMOTREASURER
Trustee or director, Officer
0.25$0
BEN ADAMSDIRECTOR
Trustee or director
0.1$0
DAVID LLOYDDIRECTOR
Trustee or director
0.1$0
MARC NELSONDIRECTOR
Trustee or director
0.1$0
TREVOR THORNTONDIRECTOR
Trustee or director
0.1$0
TOMMY JONESDIRECTOR
Trustee or director
0.1$0

Address and contacts

Address (IRS master file)
212 W ORANGE ST, HILLSBOROUGH, NC 27278-2136
In care of
% JASON RUSSELL
Principal officer (990 for 2024)
SCOTT NORBERG, 212 W ORANGE ST, HILLSBOROUGH, NC 27278
Signed the 990
BEN ADAMS, TREASURER
Phone
(917) 922-2914
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

TO PROMOTE ADVANCEMENT OF LEARNING

990 for the year ended June 30, 2025

Program accomplishments

  • BROTHERS HONORED BROTHERS REMEMBERED SCHOLARSHIP: A SCHOLARSHIP FOR STUDENTS PURSUING POST-GRADUATE DEGREES.
    Expenses $25,000 · grants $25,000
  • OTHER: GRANTS PROVIDED TO ALPHA SIGMA OF CHI PSI TO SUPPORT INTERNET CONNECTIVITY AND TO HOST A FACULTY RECEPTION.
    Expenses $17,557 · grants $17,557
  • SUMMER ENRICHMENT: GRANTS PROVIDED TO SELECTED ALPHA SIGMA OF CHI PSI UNDERGRADUATES AS THEY DEVOTE THEIR SUMMER TO EXPERIENCES THAT WILL ENRICH THEIR EDUCATIONAL DEVELOPMENT AND SUPPORT THE GREATER GOOD.
    Expenses $15,250 · grants $15,250

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-1681459
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)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,380,657
Income (IRS master file)
$104,376

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$104,376$68,298$1,380,657IRS
990June 2024$217,958$50,477$1,249,003XML
990June 2023$118,608$40,687$966,503IRS
990June 2022$80,061$28,547$824,927IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 31-1681459).

Questions about ALPHA SIGMA FOUNDATION

What is the EIN of ALPHA SIGMA FOUNDATION?
The employer identification number (EIN) of ALPHA SIGMA FOUNDATION is 31-1681459.
Is ALPHA SIGMA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to ALPHA SIGMA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALPHA SIGMA FOUNDATION 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 ALPHA SIGMA FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALPHA SIGMA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ALPHA SIGMA FOUNDATION?
The 990 for the year ended June 30, 2025 names SCOTT NORBERG.
Who are the officers and directors of ALPHA SIGMA FOUNDATION?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does ALPHA SIGMA FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $104,376, expenses of $68,298 and total assets of $1,380,657 at year end.

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