Free & Accepted Masons Of Alabama
- Assets
- $24.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Millbrook, AL
- Founding
- 11/1971
- Data as of
- 09/2021
- EIN
- 63-0438592
Organization Overview
Free & Accepted Masons Of Alabama is located in Millbrook, AL. The organization was established in 1971. 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 09/2021, Free & Accepted Masons Of Alabama employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Free & Accepted Masons Of Alabama 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 09/2021, Free & Accepted Masons Of Alabama generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $874.2k during the year ending 09/2021. 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
MASONIC LODGE FRATERNAL AND CHARITABLE ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL AND CHARITABLE ACTIVITIES FOR MEMBERSHIP OF APPROXIMATELY 30,000 MASONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teddy R Grogan Grand Secretary | Officer | 40 | $44,469 |
Zachary Allen Holmes Grand Treasurer | Officer | 10 | $0 |
Michael Lee Boyles Junior Grand Warden | Officer | 10 | $0 |
Richard Beck Junior Grand Warden/senior | Officer | 10 | $0 |
Shelby Morrow Jr Deputy Grand Master/grand | Officer | 10 | $0 |
Billy Jackson Senior Grand Warden/ Deput | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,637 |
| Total Program Service Revenue | $182,719 |
| Investment income | $597,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,737 |
| Net Gain/Loss on Asset Sales | $1,131,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$785 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,955,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,008 |
| Grants and other assistance to domestic individuals. | $176,885 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,820 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,044 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,401 |
| Payroll taxes | $13,416 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,819 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,285 |
| Advertising and promotion | $0 |
| Office expenses | $29,182 |
| Information technology | $26,545 |
| Royalties | $0 |
| Occupancy | $53,991 |
| Travel | $166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,611 |
| All other expenses | $54,759 |
| Total functional expenses | $874,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,644,607 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,908 |
| Prepaid expenses and deferred charges | $3,490 |
| Net Land, buildings, and equipment | $313,290 |
| Investments—publicly traded securities | $19,623,347 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,380,050 |
| Total assets | $24,021,831 |
| Accounts payable and accrued expenses | $39,639 |
| Grants payable | $0 |
| Deferred revenue | $152,675 |
| 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 | $192,314 |
| Net assets without donor restrictions | $23,829,517 |
| 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 | $24,021,831 |
Endowment Analysis
| Beg. Balance | $19,533,961 |
| Earnings | $1,963,395 |
| Admin Expense | $64,492 |
| Net Contributions | $15,196 |
| Other Expense | $412,978 |
| Ending Balance | $21,035,082 |
Peer Organizations
| 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 |
Ancient Egyptian Arabic Order Nobles Mystic Shrine Of N & S Amer Memphis, TN | $1,027,204 | $3,005,929 |
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 |
Shriners International Knoxville, TN | $2,357,916 | $1,160,578 |
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 |