Ancient & Accepted Scottish Rite FY2023 filing

Tax-deductible

Nashville, TNCemetery / fraternalEIN 62-0115079Revenue $452K in FY2023

On file with the IRS100 Seventh Avenue North, 37203-3726 · Nashville, TNTax-exempt since Sep 1940

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The coordination of Scottish Rite masonic fraternal activities in nashville and middle tennessee.

Tax-exempt charity; gifts are tax-deductible.
$116K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $74K a year · 15% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$116K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$452K
+15% vs prior year
Spent
$648K
Net assets
$6.2M
By yearFY2020–FY2024
Revenue
$452K
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$332K
FY2021$759K
FY2022$395K
FY2023$452K
FY2024$580K
Expenses
$648K
FY2023▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$508K
FY2021$600K
FY2022$538K
FY2023$648K
FY2024$593K
Net assets
$6.2M
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.7M
FY2021$7.1M
FY2022$5.9M
FY2023$6.2M
FY2024$6.3M

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1940.

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

Who runs it and what they're paid

12 people listed on the 990; $116K paid to officers and key staff.

Part VII, Section A · reportable compensation
$116,256Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel H Jones$124,680$116,256$110,000$105,750$110,000

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 15aYes

Programs and updates

Coordinates Scottish Rite Masonic fraternal activities in Nashville and Middle Tennessee.

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Provided by the organization

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2 programs · in their own filed words · FY2023
01

Transfer of membership collections for disposition by the almoners fund to hospitals and other organizations as directed by the board of directors

Pt IX · col B
02

Coordination of scottish rite masonic activities for members of the nashville jurisdiction of the southeast; 2,210 members benefited

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$452K
Ln 12
Investment incomeLn 3$226K
Gifts and grantsLn 1h$210K
Other incomeLn 4–11$17K
Money outPt IX
$648K
Ln 25
Owns and owesPt X
$6.2M
net assets · Ln 32
Cash and savingsLn 1–2$149K
Total assetsLn 16$6.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$210K
Investment incomeLn 3$226K
Other incomeLn 4–11$17K
Gains on assetsLn 7$40K
Total revenueLn 12$452K
Assets in detailPt X, end of year
CashLn 1$149K
Cash and savings togetherLn 1–2$149K
InvestmentsLn 11–13$6.1M
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$774
Total assetsLn 16$6.2M
LiabilitiesLn 26$0
Net assetsLn 32$6.2M
OperationsPt I, VI
EmployeesI 54
VolunteersI 6350
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$184K$149K
InvestmentsLn 11–13$5.7M$6.1M
Land, buildings, equipmentLn 10c$0$2K
Total assetsLn 16$5.9M$6.2M
LiabilitiesLn 26$200$0
Net assetsLn 32$5.9M$6.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$116K
Other salaries and wagesLn 7$131K
Pension plan contributionsLn 8$14K
Payroll taxesLn 10$19K
Accounting feesLn 11c$4K
Investment management feesLn 11f$76K
Advertising and promotionLn 12$484
Office expensesLn 13$38K
OccupancyLn 16$37K
TravelLn 17$10K
Payments to affiliatesLn 21$72K
Depreciation, depletion and amortizationLn 22$366
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$112K
All other expensesLn 24e$10K
Total functional expensesLn 25$648K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $580K$593K−$13K$6.3M 990 PDF
FY2023 Viewing $452K$648K−$195K$6.2M 990 PDF
FY2022 $395K$538K−$143K$5.9M 990 PDF
FY2021 $759K$600K$159K$7.1M 990 PDF
FY2020 $332K$508K−$176K$6.7M 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 FY2023 990 (6 parts)
Part I · Summary $452,389 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $164,198$209,626
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $218,138$225,974
I-11 Other revenuePrior year $12,757$16,789
I-12 Total revenuePrior year $395,093$452,389
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $258,437$279,569
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $279,930$368,207
I-18 Total expensesPrior year $538,367$647,776
I-19 Revenue less expensesPrior year −$143,274−$195,387
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $452,389 across 6 lines filed
VIII-1b Membership dues$209,626
VIII-1h Total contributions, gifts and grants$209,626
VIII-3 Investment incomeExcluded from tax $185,659$185,659
VIII-7 Net gain or loss on sales of assetsRelated to mission $40,315$40,315
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $16,789$16,789
VIII-12 Total revenueRelated to mission $40,315 · Unrelated business $0 · Excluded from tax $202,448$452,389
Part IX · Statement of functional expenses $647,776 across 15 lines filed
IX-5 Pay of current officers, directors and key staff$116,256
IX-7 Other salaries and wages$130,784
IX-8 Pension plan contributions$13,562
IX-10 Payroll taxes$18,967
IX-11c Accounting fees$3,990
IX-11f Investment management fees$76,203
IX-12 Advertising and promotion$484
IX-13 Office expenses$38,316
IX-16 Occupancy$36,774
IX-17 Travel$10,394
IX-21 Payments to affiliates$72,343
IX-22 Depreciation, depletion and amortization$366
IX-23 Insurance$7,571
IX-24 Other expenses (24a–d)$111,709
IX-24e All other expenses$10,057
IX-25 Total functional expenses$647,776
Part X · Balance sheet $6,212,626 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $184,083$148,726
X-4 Accounts receivableStart of year $2,500$0
X-10c Land, buildings and equipment, netStart of year $0$2,381
X-11 Publicly traded securitiesStart of year $5,722,399$6,060,745
X-15 Other assetsStart of year $294$774
X-16 Total assetsStart of year $5,909,276$6,212,626
X-25 Other liabilitiesStart of year $200$0
X-26 Total liabilitiesStart of year $200$0
X-32 Total net assets or fund balancesStart of year $5,909,076$6,212,626
X-33 Total liabilities and net assetsStart of year $5,909,276$6,212,626
Part XI · Reconciliation of net assets $6,212,626 net assets at year end
XI-1 Total revenue$452,389
XI-2 Total expenses$647,776
XI-3 Revenue less expenses−$195,387
XI-4 Net assets at start of year$5,909,076
XI-5 Net unrealized gains (losses) on investments$498,937
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,212,626

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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