Ancient Free & Accepted Masons Of Texas
- Assets
- $1.4m
- Revenue
- $10.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Granbury, TX
- Founding
- 09/1972
- Data as of
- 06/2022
- EIN
- 23-7500577
Organization Overview
Ancient Free & Accepted Masons Of Texas is located in Granbury, 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 06/2022, Ancient Free & Accepted Masons Of Texas generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $60.0k during the year ending 06/2022. 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 PURPOSE OF THE GRANBURY LODGE IS TO CONTROL AND REGULATE THE PRACTICE OF FREEMASONRY THROUGHOUT ITS JURISDICTION, TO ADVANCE THE MORAL AND SOCIAL INTEREST OF ITS MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berne Beckworth Secretary | Officer | 10 | $8,700 |
Wade Wilson Treasurer | Officer | 10 | $6,900 |
Lee Boles Worshipful Master | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,428 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,870 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,298 |
| Total Program Service Revenue | $681 |
| Investment income | -$21,953 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,567 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,900 |
| Compensation of current officers, directors, key employees. | $6,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $786 |
| Fees for services: Management | $8,700 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $262 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5 |
| Office expenses | $2,573 |
| Information technology | $518 |
| 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 | $10,618 |
| Insurance | $4,758 |
| All other expenses | $216 |
| Total functional expenses | $60,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,380 |
| Savings and temporary cash investments | $1,092,148 |
| 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 | $233,436 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,487 |
| Total assets | $1,431,451 |
| Accounts payable and accrued expenses | $496 |
| 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 | $496 |
| Net assets without donor restrictions | $1,118,177 |
| Net assets with donor restrictions | $312,778 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,431,451 |
Grants Awarded
Over the last fiscal year, Ancient Free & Accepted Masons Of Texas has awarded $22,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS TECH UNIVERSITY PURPOSE: Scholarship | $4,000 |
TEXAS TECH UNIVERSITY PURPOSE: Scholarship | $4,000 |
TEXAS STATE UNIVERSITY PURPOSE: Scholarship | $2,000 |
TEXAS A&M UNIVERSITY PURPOSE: Scholarship | $2,000 |
TEXAS A&M UNIVERSITY PURPOSE: Scholarship | $2,000 |
WEATHERFORD COLLEGE PURPOSE: Scholarship | $2,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Higher Education Melbourne, AR | $4,022,869 | $7,335,789 |
Shriners International San Antonio, TX | $9,074,871 | $1,656,499 |
Free & Accepted Masons Of Louisiana Grand Lodge Alexandria, LA | $20,568,896 | $1,886,997 |
Knights Templar Of The United States Of America Sugar Land, TX | $19,436,687 | $2,203,333 |
Grand Lodge Of Texas Waco, TX | $55,212,199 | $5,378,052 |
The Knights Of Momus Inc Galveston, TX | $851,569 | $1,053,402 |
Shriners International Houston, TX | $18,821,947 | $1,413,014 |
Ancient Free & Accepted Masons Of Oklahoma Guthrie, OK | $8,416,405 | $1,881,568 |
Shriners International Oklahoma City, OK | $6,059,168 | $478,013 |
Associated Masonry Contractors Of Texas The Woodlands, TX | $897,609 | $797,657 |
Fraternal Order Of Eagles Dallas, TX | $220,232 | $839,510 |
Shriners International Fort Worth, TX | $3,213,026 | $842,002 |