Boumi Shriners
- Assets
- $13.9m
- Revenue
- $835.4k
- Investments
- $0.0
- Employees
- 7
- Location
- White Marsh, MD
- Founding
- 11/1940
- Data as of
- 12/2023
- EIN
- 52-0252225
Organization Overview
Boumi Shriners is located in White Marsh, MD. The organization was established in 1940. 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. As of 12/2023, Boumi Shriners employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boumi Shriners 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 12/2023, Boumi Shriners generated $835.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNITY/PHILANTHROPIC MISSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL FELLOWSHIP UNIT OF GENERAL OPERATIONS AND HOSPITAL TRANSPORTATION FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raoul L Frevel Sr Recorder | OfficerTrustee | 35 | $38,550 |
Thomas C Napper Potenate | OfficerTrustee | 10 | $0 |
Karl F Ballwanz III Chief Rabban | OfficerTrustee | 5 | $0 |
Richard H Jones Jr Assistant Rabban | OfficerTrustee | 5 | $0 |
David A Jacoby High Priest And Prophet | OfficerTrustee | 5 | $0 |
John A Peery Jr Oriental Guide | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $128,617 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,012 |
| Total Program Service Revenue | $134,851 |
| Investment income | $281,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $124,997 |
| Net Income from Fundraising Events | $104,128 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,550 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,959 |
| Payroll taxes | $15,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,440 |
| Fees for services: Other | $2,730 |
| Advertising and promotion | $15,540 |
| Office expenses | $32,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $356,267 |
| Travel | $14,664 |
| 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 | $309,403 |
| Insurance | $65,222 |
| All other expenses | $1,500 |
| Total functional expenses | $1,340,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,212 |
| Savings and temporary cash investments | $363,497 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,045 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,734 |
| Prepaid expenses and deferred charges | $58,858 |
| Net Land, buildings, and equipment | $5,158,447 |
| Investments—publicly traded securities | $7,957,290 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $93,415 |
| Total assets | $13,910,498 |
| Accounts payable and accrued expenses | $161,798 |
| Grants payable | $0 |
| Deferred revenue | $163,405 |
| 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 | $325,203 |
| Net assets without donor restrictions | $13,356,956 |
| Net assets with donor restrictions | $228,339 |
| 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 | $13,910,498 |