Ancient & Accepted Scottish Rite Valley FY2021 filing

Tax-deductible

Cedar Rapids, IACemetery / fraternalEIN 42-0330920Revenue $248K in FY2021

On file with the IRScrscottishrite.org616 a Ave Ne, 52401-1016 · Cedar Rapids, IATax-exempt since Sep 1940

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Charitable and civic activities

Tax-exempt charity; gifts are tax-deductible.
2¢ of each $1 spent went to programs.
$29K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $55K a year · 17% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
2%
of spending
Concern: 2% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$29K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$248K
Spent
$250K
To programs
2%
Net assets
$1.8M
By yearFY2021–FY2025
Revenue
$248K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$248K
FY2022$170K
FY2023$157K
FY2024$457K
FY2025$608K
Expenses
$250K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$250K
FY2022$256K
FY2023$308K
FY2024$271K
FY2025$280K
Net assets
$1.8M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$1.8M
FY2022$1.7M
FY2023$1.5M
FY2024$1.7M
FY2025$2.0M

From the FY2021 Form 990 (year ending September 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

2 cents of each dollar spent went to programs.

Program services 2% · $4K Management & general 98% · $246K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $29K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Registrar
$28,560Pt VII · Sec A
Personal Representative
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Doug Heath——$23,102$31,345$28,560
Tom Kurtz$25,490$12,420———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports community well-being through charitable and civic engagement.

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Provided by the organization

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2 programs · $4K · in their own filed words · FY2020
01

Provide funds to cedar rapids scottish rite masonic foundation (fein: 42-1526828) to support the charitable activities of the organization. The funds will be used to continue the charitable mission of the organization.

$4Kprogram expense
02

Participation in charitable and civic activities for fraternal and non-fraternal charitable programs

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $4K · 2020–2020

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$248K
Ln 12
Gifts and grantsLn 1h$138K
Investment incomeLn 3$102K
Other incomeLn 4–11$8K
Money outPt IX
$250K
Ln 25
Programscol B$4K
Managementcol C$246K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$62K
Total assetsLn 16$1.8M
LiabilitiesLn 26$3K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$138K
Investment incomeLn 3$102K
Other incomeLn 4–11$8K
Gains on assetsLn 7$42K
Total revenueLn 12$248K
Assets in detailPt X, end of year
CashLn 1$62K
Cash and savings togetherLn 1–2$62K
InvestmentsLn 11–13$1.7M
Total assetsLn 16$1.8M
LiabilitiesLn 26$3K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$15K$62K
InvestmentsLn 11–13$1.8M$1.7M
Total assetsLn 16$1.8M$1.8M
LiabilitiesLn 26$3K$3K
Net assetsLn 32$1.8M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Pay of current officers, directors and key staffLn 5$29K$29K
Other salaries and wagesLn 7$29K$29K
Payroll taxesLn 10$5K$5K
Accounting feesLn 11c$6K$6K
Investment management feesLn 11f$11K$11K
Office expensesLn 13$4K$4K
OccupancyLn 16$110K$110K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$29K$29K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$250K$4K$246K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $608K$280K$328K$2.0M 990 PDF
FY2024 $457K$271K$186K$1.7M 990 PDF
FY2023 $157K$308K−$151K$1.5M 990 PDF
FY2022 $170K$256K−$86K$1.7M 990 PDF
FY2021 Viewing $248K$250K−$1K$1.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $248,428 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $80,268$138,032
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $97,300$102,096
I-11 Other revenuePrior year $6,701$8,300
I-12 Total revenuePrior year $184,269$248,428
I-13 Grants and similar amounts paidPrior year $9,142$3,990
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $61,273$62,012
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $156,428$183,655
I-18 Total expensesPrior year $226,843$249,657
I-19 Revenue less expensesPrior year −$42,574−$1,229
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $248,428 across 7 lines filed
VIII-1b Membership dues$60,284
VIII-1f All other contributions, gifts and grants$77,748
VIII-1h Total contributions, gifts and grants$138,032
VIII-3 Investment incomeExcluded from tax $60,316$60,316
VIII-6 Net rental income or lossRelated to mission $8,300$8,300
VIII-7 Net gain or loss on sales of assetsExcluded from tax $41,780$41,780
VIII-12 Total revenueRelated to mission $8,300 · Unrelated business $0 · Excluded from tax $102,096$248,428
Part IX · Statement of functional expenses $249,657 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $3,990$3,990
IX-5 Pay of current officers, directors and key staffManagement $28,560$28,560
IX-7 Other salaries and wagesManagement $28,928$28,928
IX-10 Payroll taxesManagement $4,524$4,524
IX-11c Accounting feesManagement $6,200$6,200
IX-11f Investment management feesManagement $10,839$10,839
IX-13 Office expensesManagement $4,430$4,430
IX-16 OccupancyManagement $110,198$110,198
IX-23 InsuranceManagement $21,051$21,051
IX-24 Other expenses (24a–d)Management $29,040$29,040
IX-24e All other expensesManagement $1,897$1,897
IX-25 Total functional expensesPrograms $3,990 · Management $245,667 · Fundraising $0$249,657
Part X · Balance sheet $1,781,535 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $14,799$62,202
X-11 Publicly traded securitiesStart of year $1,768,076$1,719,333
X-16 Total assetsStart of year $1,782,875$1,781,535
X-25 Other liabilitiesStart of year $3,284$3,173
X-26 Total liabilitiesStart of year $3,284$3,173
X-32 Total net assets or fund balancesStart of year $1,779,591$1,778,362
X-33 Total liabilities and net assetsStart of year $1,782,875$1,781,535
Part XI · Reconciliation of net assets $1,778,362 net assets at year end
XI-1 Total revenue$248,428
XI-2 Total expenses$249,657
XI-3 Revenue less expenses−$1,229
XI-4 Net assets at start of year$1,779,591
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,778,362

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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