Barak Shriners
- Assets
- $418.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Monroe, LA
- Founding
- 11/1940
- Data as of
- 12/2023
- EIN
- 72-0924862
Organization Overview
Barak Shriners is located in Monroe, LA. 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, Barak Shriners employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Barak 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, Barak Shriners generated $168.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $181.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNITY WITH A PHILANTROPIC MISSION
Describe the Organization's Program Activity:
Part 3
CHARITABLE FUNDRAISING. PROVIDED TRANSPORTATION FOR CHILDREN AND THEIR FAMILIES TO SHIRNERS HOSPITALS AS NEEDED. WE WILL CONTINUE TO PROVIDE THIS FREE SERVICE.
MEMBERSHIP DUES: BILLED TO MEMBERS IN THE FALL FOR THE UPCOMING YEAR. FOSTERS BROTHERHOOD AND FELLOWSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Osbon Recorder | 0 | $0 | |
Russ Price Asst Rabban | 0 | $0 | |
Troy Denard Potentate | 0 | $0 | |
Scott Oglesbee Chief Rabban | 0 | $0 | |
Scotty Adams Og | 0 | $0 | |
Charles Wood Chaplain | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,205 |
| Total Program Service Revenue | $7,283 |
| Membership dues | $0 |
| Investment income | $43,435 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,694 |
| Other Revenue | $0 |
| Total Revenue | $168,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,268 |
| Professional fees and other payments to independent contractors | $18,850 |
| Occupancy, rent, utilities, and maintenance | $24,225 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,156 |
| Total expenses | $181,499 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,943 |
| Other assets | $0 |
| Total assets | $418,231 |
| Total liabilities | $0 |
| Net assets or fund balances | $418,231 |