Shriners International, operating under the name Mahi Shriners, is located in Miami, FL. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mahi 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 12/2021, Mahi Shriners generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $734.9k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNITY WITH A PHILANTHROPIC MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DUES: MEMBERS ARE BILLED FOR DUES IN THE FALL FOR THE UPCOMING YEAR SO MEMBERS CAN FOSTER IN THE BROTHERHOOD AND FELLOWSHIP.
SOCIAL MEALS: MEMBERS ATTEND SOCIAL VENUES TO FOSTER THE BROTHERHOOD OF THE FRATERNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johnl Borsa Recorder | Officer | 0 | $61,610 |
Micheal Taussig Potentate | Officer | 0 | $0 |
Herman Gonzalez Chief Rabban | Officer | 0 | $0 |
Brian Smith Assistant Rabban | Officer | 0 | $0 |
William Craig High Priest Prophet | Officer | 0 | $0 |
Oriental Guide Steve Rosean | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $30,373 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,373 |
Total Program Service Revenue | $55,675 |
Investment income | $945,874 |
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 | $1,036,795 |
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. | $61,610 |
Compensation of current officers, directors, key employees. | $61,610 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,800 |
Payroll taxes | $5,110 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,695 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $106,786 |
Fees for services: Other | $0 |
Advertising and promotion | $41,259 |
Office expenses | $48,947 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,757 |
Travel | $43,645 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $91,011 |
Interest | $0 |
Payments to affiliates | $30,709 |
Depreciation, depletion, and amortization | $19,158 |
Insurance | $142,907 |
All other expenses | $2,693 |
Total functional expenses | $734,873 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $339,872 |
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 | $9,078 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $67,368 |
Investments—publicly traded securities | $0 |
Investments—other securities | $34,625,993 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $48 |
Total assets | $35,042,359 |
Accounts payable and accrued expenses | $16,614 |
Grants payable | $0 |
Deferred revenue | $65,755 |
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 | $82,369 |
Net assets without donor restrictions | $34,260,850 |
Net assets with donor restrictions | $699,140 |
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 | $35,042,359 |
Beg. Balance | $30,016,320 |
Earnings | $5,648,170 |
Admin Expense | $504,142 |
Net Contributions | $30,373 |
Other Expense | $230,731 |
Ending Balance | $34,959,990 |
Organization Name | Assets | Revenue |
---|---|---|
Shriners International Tampa, FL | $18,215,271 | $7,110,685 |
Grand Boule Of The Sigma Pi Phi Fraternity Group Return Atlanta, GA | $9,949,734 | $8,607,206 |
Shriners International Atlanta, GA | $11,582,614 | $4,459,948 |
Grand Boule Of The Sigma Pi Phi Fraternity Atlanta, GA | $4,330,483 | $3,084,702 |
Morningside Masonic Temple Corporation Atlanta, GA | $0 | $704,676 |
Kappa Epsilon Psi Military Sorority Inc Decatur, GA | $679,272 | $784,023 |
Free & Accepted Masons Of Georgia Macon, GA | $4,986,267 | $1,882,769 |
Fraternal Order Of Eagles Port Orange, FL | $1,711,330 | $1,240,073 |
Shriners International Savannah, GA | $2,051,786 | $1,185,034 |
Most Worshipful Prince Hall Grand Riverdale, GA | $3,862,786 | $941,556 |
Mystics Of Time Mobile, AL | $1,352,508 | $854,471 |
Free & Accepted Masons Of Alabama Millbrook, AL | $24,021,831 | $1,955,542 |