Ancient & Accepted Scottish Rite FY2020 filing

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To improve our members and enhance the communities in which they live by teaching and emulating the principles of brotherly love, tolerance, charity, and truth while actively enbracing high social, moral, and spiritual values including fellowship, compassion,and dedication to god, family and country.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1301977) · Dispute this line
Tax-exempt charity; gifts are tax-deductible.
3¢ of each $1 spent went to programs.
$38K 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

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $94K a year · 47% of revenue · last 5 filings
A surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
3%
of spending
3% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$38K
to officers and key staff · 12% of spending
Pay to officers and key staff is 12% of spending.
Part VII, Section A
1.3 mo
of spending, in cash
Plus $2.4M in investments, Pt X · Ln 11–13
1.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$135K
4% of total assets
Liabilities are 4% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$162K
Spent
$306K
To programs
3%
Net assets
$3.0M
By yearFY2020–FY2024
Revenue
$162K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$162K
FY2021$158K
FY2022$303K
FY2023$243K
FY2024$144K
Expenses
$306K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$306K
FY2021$183K
FY2022$327K
FY2023$316K
FY2024$350K
Net assets
$3.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$3.3M
FY2022$2.9M
FY2023$2.8M
FY2024$2.9M

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 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

Where the money goes

3 cents of each dollar spent went to programs.

Program services 3% · $9K Management & general 97% · $297K

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

25 people listed on the 990; $38K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
General Secr
$38,192Pt VII · Sec A
East Texas M
$0Pt VII · Sec A
Arm & Arm Co
$0Pt VII · Sec A
Membership C
$0Pt VII · Sec A
Award Chairm
$0Pt VII · Sec A
Almoner Chai
$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
Mike Waldrop$54,843$52,542$44,449$44,960$38,192

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.

See Ancient & Accepted Scottish Rite executive salaries →

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

Promotes brotherly love, tolerance, charity, and truth through fellowship and dedication to God, family, and country.

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2 programs · in their own filed words · FY2020
01

To improve and expand comradery between men of the surrounding communities through fellowship and works

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1301977) · Dispute this line
Pt IX · Ln 25 · col B
02

The funds received are to be used for the enhancement and development of the greater waco, texas area

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1301977) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$162K
Ln 12
Gifts and grantsLn 1h$126K
Investment incomeLn 3$67K
Fees for servicesLn 2g$3K
Money outPt IX
$306K
Ln 25
Programscol B$9K
Managementcol C$297K
Owns and owesPt X
$3.0M
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$3.1M
LiabilitiesLn 26$135K
PeoplePt VI, VII
25
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$126K
Fees for servicesLn 2g$3K
Investment incomeLn 3$67K
Total revenueLn 12$162K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$34K
Total assetsLn 16$3.1M
LiabilitiesLn 26$135K
Net assetsLn 32$3.0M
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $144K$350K−$207K$2.9M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $243K$316K−$72K$2.8M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $303K$327K−$24K$2.9M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $158K$183K−$25K$3.3M 990 PDF
FY2020 ViewingFiled with the IRS Nov 19, 2021 $162K$306K−$143K$3.0M 990 PDF

Schedules filed Part IV

A · Public support O · Explanations
See the full FY2020 990
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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