Scottish Rite Educational Association Of Texas

Organization Overview

Scottish Rite Educational Association Of Texas, operating under the name Scottish Rite Dormitory, is located in Austin, TX. The organization was established in 1937. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2023, Scottish Rite Dormitory employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scottish Rite Dormitory 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 07/2023, Scottish Rite Dormitory generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.1m during the year ending 07/2023. While expenses have increased by 4.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE SPIRITUAL, MENTAL, AND PHYSICAL DEVELOPMENT OF DORMITORY'S FEMALE RESIDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE DORMITORY PROVIDES ACCOMODATIONS FOR FEMALE STUDENTS IN CENTRAL TEXAS WITH MASONIC AFFILIATION OR SPONSORSHIP.


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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$7,095
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,095
Total Program Service Revenue$4,951,029
Investment income $138,932
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,088
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,223,735

Peer Organizations

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$303,370

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