Ancient Free & Accepted Masons Of Texas
- Assets
- $1.0m
- Revenue
- $45.6k
- Investments
- $268.5k
- Employees
- 0
- Location
- Wylie, TX
- Founding
- 10/1972
- Data as of
- 06/2024
- EIN
- 23-7190580
Organization Overview
Ancient Free & Accepted Masons Of Texas is located in Wylie, TX. The organization was established in 1972. 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. Ancient Free & Accepted Masons Of Texas 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, Ancient Free & Accepted Masons Of Texas generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $21.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 3 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
MIRABEAU B. LAMAR MASONIC SCHOLARSHIPMIRABEAU B. LAMAR WAS A FREEMASON AND THE VICE PRESIDENT OF THE REPUBLIC OF TEXAS, UNDER SAM HOUSTON. HE THEN BECAME THE SECOND PRESIDENT OF THE REPUBLIC OF TEXAS, AND DURING HIS TERM AS PRESIDENT, TOOK ON SEVERAL CHALLENGES BUT IS MOST REMEMBERED FOR HIS DEDICATION TO ESTABLISHING AN EDUCATION SYSTEM FOR TEXAS TO ENSURE THE REPUBLIC HAD A STRONG FOUNDATION FOR LEADERSHIP THROUGH THE EDUCATION OF ITS CHILDREN.CONTINUING THIS TRADITION OF MASONIC PARTNERSHIP WITH PUBLIC EDUCATION, THE MEMBERS OF EAST FORK AND VICKERY MASONIC LODGES HAVE GENEROUSLY ESTABLISHED THIS SCHOLARSHIP ENDOWMENT TO ASSIST CHILDREN OF THE WYLIE COMMUNITY IN THEIR PURSUITS OF CONTINUING EDUCATION.
PAT MARTIN MEMORIAL/EAST FORK MASONIC LODGETHIS SCHOLARSHIP IS MADE POSSIBLE THROUGH GENEROUS DONATIONS TO EAST FORK MASONIC LODGE #650 IN WYLIE, TEXAS. THE SCHOLARSHIP IS INTENDED TO ASSIST A DESERVING STUDENT IN CONTINUING THEIR EDUCATION IN A SKILLED TRADE/VOCATIONAL DEGREE PROGRAM SUCH AS VET TECH AT THE WYLIE CAMPUS. CRITERIA: MUST HAVE AND MAINTAIN AT LEAST A 2.5 GPA. MUST MAINTAIN A MINIMUM OF 6 CREDIT HOURS PER SEMESTER. REMAIN IN GOOD ACADEMIC STANDING. PREFERENCES: STUDENT OF A QUALIFIED VOCATIONAL DEGREE OR CERTIFICATE PROGRAM AT THE WYLIE CAMPUS, ANY MASONIC AFFILIATION THROUGH THEMSELVES OR A FAMILY MEMBER, US CITIZEN, COLLIN COUNTY HIGH SCHOOL GRADUATE AND ESTABLISHED RESIDENT, SINGLE PARENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Tower Senior Warden | Officer | 5 | $0 |
Curtis Fullen Junior Warden | Officer | 5 | $0 |
Jonathan Buck Wshp Master | Officer | 10 | $0 |
Robert Vaughan Treasurer | Officer | 10 | $0 |
John Simmons Secretary | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,824 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,569 |
| Total Program Service Revenue | $0 |
| Investment income | $16,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,256 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,624 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,554 |
| Grants and other assistance to domestic individuals. | $450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $1,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,701 |
| 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 | $4,685 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,308 |
| All other expenses | $0 |
| Total functional expenses | $21,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,710 |
| Savings and temporary cash investments | $179,512 |
| 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 | $521,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $268,479 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,008,701 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $521,000 |
| Retained earnings, endowment, accumulated income, or other funds | $487,701 |
| Total liabilities and net assets/fund balances | $1,008,701 |