Bjornson Hall FY2023 filing

Not tax-deductible

Oakland, CAMutual-benefit / member-servingEIN 94-2937039

To enhance the fraternal goals of the sons of norway order, to preserve and further norwegian culture and traditions in california, and for holding of hall funds for the lodge or for selling the bjornson hall property in oakland to purchase another property for lodge meetings or use the funds from the sale for the rental of a meeting place and for the organizational and fraternal needs to benefit the members of bjornstjerne bjornson lodge no. 6-014, sons of norway.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
3 of 4
filings with a surplus
Average surplus $324K a year · 93% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
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
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
$11K
-75% vs prior year
Spent
$23K
To programs
0%
Net assets
$1.2M
By yearFY2021–FY2024
Revenue
$11K
FY2023▼ -75%
Revenue by fiscal year
FY2021$1.3M
FY2022$45K
FY2023$11K
FY2024$46K
Expenses
$23K
FY2023▼ -25%
Expenses by fiscal year
FY2021$5K
FY2022$30K
FY2023$23K
FY2024$34K
Net assets
$1.2M
FY2023▲ +10%
Net assets by fiscal year
FY2021$1.3M
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M

From the FY2023 Form 990 · see the original

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 Jun 1985.

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bjornson Hall executive salaries →

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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

Preserves Norwegian culture and traditions, supporting fraternal goals and lodge needs in California.

Provided by the organization

This section is blank until Bjornson Hall claims this page.

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1 program service account for $12K of program spending, described in the organization's own filed words · FY2023.
01

The organization managed invested funds, and provided financial support for the activities of the lodge.

$12Kprogram expense

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$11K
Ln 12
Investment incomeLn 3$11K
Money outPt IX
$23K
Ln 25
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$12K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$11K
Gains on assetsLn 7−$9K
Total revenueLn 12$11K
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$12K
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$17K$12K
InvestmentsLn 11–13$1.1M$1.2M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$8K
Other fees for servicesLn 11g$2K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$12K
All other expensesLn 24e$0
Total functional expensesLn 25$23K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $46K$34K$12K$1.3M 990 PDF
FY2023 Viewing $11K$23K−$12K$1.2M 990 PDF
FY2022 $45K$30K$15K$1.1M 990 PDF
FY2021 $1.3M$5K$1.3M$1.3M 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 (4 parts)
Part VIII · Statement of revenue $11,357 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeExcluded from tax $20,742$20,742
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$9,385−$9,385
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $11,357$11,357
Part IX · Statement of functional expenses $22,980 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$7,567
IX-11g Other fees for services$1,600
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$1,313
IX-24 Other expenses (24a–d)$12,500
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$22,980
Part X · Balance sheet $1,193,380 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $9,927$7,013
X-2 Savings and temporary cash investmentsStart of year $6,729$5,427
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,071,089$1,180,940
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,087,745$1,193,380
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,087,745$1,193,380
X-32 Total net assets or fund balancesStart of year $1,087,745$1,193,380
X-33 Total liabilities and net assetsStart of year $1,087,745$1,193,380
Part XI · Reconciliation of net assets $1,193,380 net assets at year end
XI-1 Total revenue$11,357
XI-2 Total expenses$22,980
XI-3 Revenue less expenses−$11,623
XI-4 Net assets at start of year$1,087,745
XI-5 Net unrealized gains (losses) on investments$117,258
XI-10 Net assets at end of year$1,193,380

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

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