Ancient Free & Accepted Masons Of Texas
- Assets
- $932.1k
- Revenue
- $51.3k
- Investments
- $109.6k
- Employees
- 0
- Location
- Plano, TX
- Founding
- 01/1973
- Data as of
- 06/2024
- EIN
- 23-7182862
Organization Overview
Ancient Free & Accepted Masons Of Texas, operating under the name Plano Masonic Lodge 768 Af & Am, is located in Plano, TX. The organization was established in 1973. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Plano Masonic Lodge 768 Af & Am is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 06/2024, Plano Masonic Lodge 768 Af & Am generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $29.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (26.2%) per year over the past 5 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ORGANIZATION-SUPPORT LOCAL SCHOOLS AND THE COMMUNITY IN WHICH WE OPERATE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTIONS TO OTHER ORGANIZATIONS
MIRABEAU B LAMAR SCHOLRSHIP PROGRAMMIRABEAU B. LAMAR WAS BORN IN 1798 IN GEORGIA AND WAS RAISED THERE ON HISFATHERS FARM. AN INSATIABLE READER, HE WAS LARGELY SELF-EDUCATED AND BECAMEVERY PROFICIENT IN WRITING, HISTORY, LIBERAL ARTS, SCIENCES, MATH, AND ART. IT WAS HERE THAT LAMAR JOINED THE MASONIC LODGE AND DEVELOPED HIS STRONG STANCE FOR HUMANLIBERTY AND PUBLIC EDUCATION. AFTER A BRIEF POLITICAL CAREER, HE MOVED TO TEXAS IN1835 JUST AS THE TEXAS REVOLUTION WAS STARTING. HE SERVED AS A COLONEL IN THECAVALRY AT THE BATTLE OF SAN JACINTO AND WAS INSTRUMENTAL IN THIS FINAL BATTLE FORTEXAS INDEPENDENCE. IN 1838, HE WAS INAUGURATED AS THE SECOND PRESIDENT OFTEXAS AND IN HIS VERY FIRST ADDRESS TO THE TEXAS CONGRESS, PRESIDENT LAMARCALLED FOR AND HAD APPROVED AN APPROPRIATION OF LAND IN EVERY TEXAS COUNTY TOSUPPORT PUBLIC SCHOOLS AND 50 LEAGUES OF LAND THAT WOULD EVENTUALLY BECOME THEUNIVERSITY OF TEXAS AND TEXAS A&M UNIVERSITY. FOR THIS, HE BECAME KNOWN ASTHE FATHER OF PUBLIC EDUCATION IN TEXAS.IN HONOR OF HIS DISTINGUISHED CONTRIBUTIONS TO THE PUBLIC EDUCATION SYSTEM OFTEXAS, THE MIRABEAU B. LAMAR AWARD IS PRESENTED TO A GRADUATING SENIOR FROMTHE PLANO INDEPENDENT SCHOOL DISTRICT BY PLANO MASONIC LODGE#768 OF ANCIENT FREE & ACCEPTED MASONS, PLANO, TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Colwell Secretary | Officer | 15 | $214 |
Steve Reed Senior Warden | Officer | 5 | $0 |
David Banastre Junior Warden | Officer | 5 | $0 |
Michael Minton Worship Master | Officer | 10 | $0 |
Phillip Morgan Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,995 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,001 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,996 |
| Total Program Service Revenue | $0 |
| Investment income | $34,265 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $214 |
| Compensation of current officers, directors, key employees. | $214 |
| 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 | $157 |
| Advertising and promotion | $100 |
| Office expenses | $1,411 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,591 |
| 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 | $4,993 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,445 |
| All other expenses | $0 |
| Total functional expenses | $29,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,605 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $586,993 |
| Investments—publicly traded securities | $216,930 |
| Investments—other securities | $109,600 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $932,128 |
| Accounts payable and accrued expenses | $343 |
| Grants payable | $1,000 |
| 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 | $1,343 |
| 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 | $693,093 |
| Retained earnings, endowment, accumulated income, or other funds | $237,692 |
| Total liabilities and net assets/fund balances | $932,128 |