Baronial Order Of Magna Charta
- Assets
- $891.9k
- Revenue
- $129.7k
- Investments
- $35.7k
- Employees
- 0
- Location
- Kinnelon, NJ
- Founding
- 10/1985
- Data as of
- 12/2022
- EIN
- 23-2442615
Organization Overview
Baronial Order Of Magna Charta is located in Kinnelon, NJ. The organization was established in 1985. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baronial Order Of Magna Charta is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Baronial Order Of Magna Charta generated $129.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $39.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC PURPOSES OF THE BARONIAL ORDER OF MAGNA CHARTA ARE AS FOLLOWS:A. TO COLLECT AND SECURE FOR PRESERVATION, RECORDS, DOCUMENTS, LINEAGES, AND HISTORICALLY SIGNIFICANT DATA RELATIVE TO THE GENESIS AND DEVELOPMENT OF THE PRINCIPLES OF EQUITY AND LAW BASED ON, AND STEMMING FROM, THAT HISTORIC MOMENT COINCIDENT WITH THE RATIFICATION OF MAGNA CHARTA IN JUNE 1215 BY JOHN, KING OF ENGLAND, AT RUNNYMEDE MEADOW, NEAR STAINES-UPON-THAMES. B. TO SEE TO IT THAT SUCH DATA IS PLACED FOR SAFEKEEPING AND RESEARCH IN SUCH LOCATIONS AS MAY BE DEEMED APPROPRIATE FROM TIME TO TIME; TO THE END THAT THE GENERAL PUBLIC MAY HAVE ACCESS AND THEREBY GAIN KNOWLEDGE OF THE IMPORTANCE OF MAGNA CHARTA PRINCIPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO THE TEMPLE CHURCH IN LONDON FOR THE RESTORATION OF THE 12TH CENTURY NORMAN DOORWAY.
THE BARONIAL ORDER OF MAGNA CHARTA ("BOMC") MAKES ANNUAL DONATIONS TO ORGANIZATIONS THAT SUPPORT OUR GOALS AND SPECIFIC PURPOSES. DURING 2022, THE BOMC MADE A DONATION TO THE TEMPLE CHURCH IN LONDON, ENGLAND, AN UNAFFILIATED NOT-FOR-PROFIT ORGANIZATION, TO ASSIST IN THE RESTORATION OF A 12TH CENTURY NORMAN PERIOD DOORWAY IN THE CHURCH. THE BOMC ALSO AWARDS ANNUAL SCHOLARSHIPS TO A STUDENT IN WASHINGTON & LEE LAW SCHOOL AND TO A GRADUATE STUDENT IN MEDIEVAL AND RENAISSANCE STUDIES AT ST. LOUIS UNIVERSITY. IN ADDITION, THE BOMC HAS MADE DONATIONS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS, SUCH AS THE MAGNA CARTA TRUST, WHOSE OBJECTIVES ARE CONSISTENT WITH THE PURPOSES OF THE BOMC.
SCHOLARSHIPS PAID TO A LAW STUDENT AT WASHINGTON AND LEE UNIVERSITY AND TO A GRADUATE STUDENT IN MEDIEVAL AND RENAISSANCE STUDIES AT ST. LOUIS UNIVERSITY.
DONATION OF $3,500 TO SUPPORT THE MAGNA CARTA TRUST IN ENGLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Charles Horton CPA Marshal (president) | OfficerTrustee | 5 | $0 |
Michael Perry Schenk Justiciar (vp) | OfficerTrustee | 2 | $0 |
Catherine Mccreary Strauch Signet (secretary) | OfficerTrustee | 2 | $0 |
Laurie Cornwell Aldinger Purse (treasurer) | OfficerTrustee | 5 | $0 |
Craig Huseman Metz ESQ Chancellor | OfficerTrustee | 1 | $0 |
David Kerry Crenshaw Historiographer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $51,335 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,140 |
| Total Program Service Revenue | $0 |
| Investment income | $60,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,924 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,732 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,349 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $39,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,162 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,971 |
| Prepaid expenses and deferred charges | $750 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $833,356 |
| Investments—other securities | $35,692 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $891,931 |
| Accounts payable and accrued expenses | $100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $100 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $221,036 |
| Total liabilities and net assets/fund balances | $891,931 |