Acacia Fraternity Incorporated
- Assets
- $54.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, MA
- Founding
- 07/1955
- Data as of
- 06/2022
- EIN
- 02-0229271
Organization Overview
Acacia Fraternity Incorporated is located in Ashland, MA. The organization was established in 1955. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Acacia Fraternity Incorporated is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Acacia Fraternity Incorporated generated $1.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $4.6k during the year ending 06/2022. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Kfoury Secretary | 0 | $0 | |
Al Browning Director | 0 | $0 | |
John Davis Director | 0 | $0 | |
Daniel Fagan Treasurer | 0 | $0 | |
Ron Majer President | 0 | $0 | |
Kevin Maguire Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $996 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,211 |
| Total expenses | $4,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,067 |
| Other assets | $0 |
| Total assets | $54,067 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,067 |
Peer Organizations
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|---|---|---|
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Alpha Lambda Delta Fairport, NY | $5,719,443 | $1,145,562 |
Pi Lambda Phi Fraternity Inc Greenwich, CT | $1,029,582 | $859,864 |
Lambda Chi Alpha Fraternity Inc Ithaca, NY | $99,913 | $753,956 |
Sigma Delta Tau Society Syracuse, NY | $247,838 | $761,274 |
Alpha Epsilon Phi Sorority Inc Danbury, CT | $1,675,626 | $935,849 |
Zeta Phi Chapter House Corp Of Alpha Phi Intrnatl Frat Inc Boston, MA | $2,973,626 | $954,161 |
Alpha Beta Corporation Wakefield, RI | $2,169,290 | $616,339 |