Knoxville Scottish Rite Foundation Inc
- Assets
- $964.0k
- Revenue
- $97.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 62-6209505
Organization Overview
Knoxville Scottish Rite Foundation Inc is located in Knoxville, TN. The organization was established in 1989. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knoxville Scottish Rite Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Knoxville Scottish Rite Foundation Inc generated $97.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $89.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS & EDUCATIONAL ASSISTANCE TO THOSE WITH MERIT AND IN NEED. ALSO, TO PROVIDE SHOES & SOCKS TO NEEDY CHILDREN AND PROVIDE SPEECH & HEARING THERAPY FOR CHILDREN AT SPEECH AND HEARING CLINICS IN EAST TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS GIVEN TO VARIOUS COLLEGES & UNIVERSITIES FOR EDUCATIONAL ASSISTANCE TO THOSE WITH MERIT AND IN NEED OF FINANACIAL ASSISTANCE.
COST OF SHOES AND SOCKS DONATED TO NEED CHILDREN IN EAST TENNESSEE
PAYMENTS MADE DIRECTLY TO SPEECH & HEARING CLINICS FOR CHILDREN UNABLE TO PAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Reed Vice Preside | OfficerTrustee | $0 | |
Michael R Byrd Commander | OfficerTrustee | 2 | $0 |
Henry N Lafollette President | OfficerTrustee | 2 | $0 |
Robert R Beam Secretary | OfficerTrustee | 24 | $0 |
Charles M Rhines Director | Trustee | 2 | $0 |
Tronvalentine Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $48,461 |
| Membership dues | $0 |
| 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 | $48,461 |
| Total Program Service Revenue | $0 |
| Investment income | $29,830 |
| 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 | $97,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $70,669 |
| 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 | $3,000 |
| 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 | $0 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $89,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,178 |
| 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 | $115,113 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $595,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $964,020 |
| 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 | $964,020 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $964,020 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Knoxville Scottish Rite Foundation Inc has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Child Welfare Agency Buckhorn, KY | $11,747,355 | $6,106,327 |
Childrens Aid Society Of Alabama Birmingham, AL | $2,966,147 | $4,228,067 |
Childrens Advocacy Center Of Hamilton County Inc Chattanooga, TN | $797,989 | $1,370,400 |
Hereford Youth Foundation Of America Kansas City, MO | $4,935,759 | $1,211,155 |
The Childcare Network Fredericksburg, VA | $132,676 | $762,505 |
Camden Community Alliance & Resources Inc Saint Marys, GA | $398,895 | $477,682 |
The Childrens Advocacy Center Of Green River District Henderson, KY | $233,892 | $416,475 |
Adults Working And Advocating For Kids Empowerment Awake Sylva, NC | $528,373 | $609,550 |
Kare Inc Waynesville, NC | $490,315 | $463,221 |
Herndon Childrens Center Inc Herndon, VA | $0 | $244,220 |
Wright County Childrens Home Norwood, MO | $1,464,598 | $359,749 |
Derrick Thomas Neil Smith Third And Long Foundation Kansas City, MO | $113,547 | $0 |