Masonic Home And School Of Texas
- Assets
- $139.9m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Keller, TX
- Founding
- 04/1977
- Data as of
- 06/2021
- EIN
- 75-1528075
Organization Overview
Masonic Home And School Of Texas is located in Keller, TX. The organization was established in 1977. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2021, Masonic Home And School Of Texas employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masonic Home And School Of Texas 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 06/2021, Masonic Home And School Of Texas generated $6.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. 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
THE ORGANIZATION PROVIDES ASSISTANCE FOR QUALIFYING CHILDREN AND FAMILIES THROUGH THIRD PARTY PROVIDERS AND PROVIDES FINANCIAL SUPPORT FOR THE CARE AND MAINTENANCE FOR QUALIFIED APPLICANTS THROUGH THIRD PARTY PROVIDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MASONIC HOME AND SCHOOL OF TEXAS PROVIDES NEEDY AND QUALIFIED CHILDREN WHO RESIDE IN TEXAS WITH INFORMATION, REFERRAL, AND/OR FINANCIAL SUPPORT FOR CHILDREN'S SERVICES. OVER 1,300 CHILDREN WERE ASSISTED DURING THE 2020-2021 YEAR.
MASONIC HOME AND SCHOOL OF TEXAS PROVIDES FINANCIAL SUPPORT FOR THE CARE AND MAINTENANCE OF QUALIFIED APPLICANTS TO THIRD PARTY PROVIDERS INCLUDING, BUT NOT LIMITED TO, THE TEXAS MASONIC RETIREMENT CENTER IN ARLINGTON, TEXAS. THE ORGANIZATION FINANCIALLY SUPPORTED 10 WIDOWS DURING THE YEAR.
MASONIC HOME AND SCHOOL OF TEXAS PARTNERS WITH CHILD STUDY CENTER IN FORT WORTH, TX TO PROVIDE A FREE PARENT AUTISM TRAINING PROGRAM. EXPERTS AT THE CENTER PROVIDE PARENTS WITH VALUABLE TOOLS AND TECHNIQUES TO HELP THEIR CHILD LEARN NEW SKILLS DURING THIS TWO WEEK INTENSIVE PROGRAM. ALTHOUGH IT IS NOT A CURE FOR AUTISM, THE PROGRAM ADDRESSES SIGNIFICANT CHALLENGES CHILDREN WITH THE DISEASE FACE. FAMILIES HAVE SEEN A DRASTIC REDUCTION IN THEIR MOST CHALLENGING BEHAVIORS AFTER LEAVING THE CENTER. THROUGH OUR PARTNERSHIP, WE ARE HELPING FAMILIES LIVE BETTER LIVES
MASONIC HOME AND SCHOOL OF TEXAS PROMOTES PREVENTION OF TOOTH DECAY IN CHILDREN BY TEACHING THEM GOOD DENTAL HABITS AND PROVIDING CHILDREN THE PROPER TOOLS TO KEEP THEIR TEETH HEALTHY. DURING THE 2020-2021 YEAR, OVER 134,575 TEXAS CHILDREN RECEIVED FREE "PREVENT TOOTH DECAY" KITS.
MASONIC HOME AND SCHOOL OF TEXAS PROVIDES NEEDY AND QUALIFIED CHILDREN WHO RESIDE IN TEXAS WITH INFORMATION, REFERRAL, AND/OR FINANCIAL SUPPORT FOR CHILDREN'S SERVICES. OVER 1,300 CHILDREN WERE ASSISTED DURING THE 2020-2021 YEAR.
MASONIC HOME AND SCHOOL OF TEXAS PROVIDES FINANCIAL SUPPORT FOR THE CARE AND MAINTENANCE OF QUALIFIED APPLICANTS TO THIRD PARTY PROVIDERS INCLUDING, BUT NOT LIMITED TO, THE TEXAS MASONIC RETIREMENT CENTER IN ARLINGTON, TEXAS. THE ORGANIZATION FINANCIALLY SUPPORTED 10 WIDOWS DURING THE YEAR.
MASONIC HOME AND SCHOOL OF TEXAS PARTNERS WITH CHILD STUDY CENTER IN FORT WORTH, TX TO PROVIDE A FREE PARENT AUTISM TRAINING PROGRAM. EXPERTS AT THE CENTER PROVIDE PARENTS WITH VALUABLE TOOLS AND TECHNIQUES TO HELP THEIR CHILD LEARN NEW SKILLS DURING THIS TWO WEEK INTENSIVE PROGRAM. ALTHOUGH IT IS NOT A CURE FOR AUTISM, THE PROGRAM ADDRESSES SIGNIFICANT CHALLENGES CHILDREN WITH THE DISEASE FACE. FAMILIES HAVE SEEN A DRASTIC REDUCTION IN THEIR MOST CHALLENGING BEHAVIORS AFTER LEAVING THE CENTER. THROUGH OUR PARTNERSHIP, WE ARE HELPING FAMILIES LIVE BETTER LIVES
MASONIC HOME AND SCHOOL OF TEXAS PROMOTES PREVENTION OF TOOTH DECAY IN CHILDREN BY TEACHING THEM GOOD DENTAL HABITS AND PROVIDING CHILDREN THE PROPER TOOLS TO KEEP THEIR TEETH HEALTHY. DURING THE 2020-2021 YEAR, OVER 134,575 TEXAS CHILDREN RECEIVED FREE "PREVENT TOOTH DECAY" KITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Serfass Cfo/cio | Officer | 40 | $151,200 |
Shannon Davis Executive Di | Officer | 40 | $95,810 |
Tommy Chapman Vp/director | OfficerTrustee | 5 | $0 |
John R Clements President/di | OfficerTrustee | 5 | $0 |
Elmer Murphey III Secretary/di | OfficerTrustee | 5 | $0 |
Bert V Massey II Treasurer/di | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $215,000 |
| Government grants | $119,438 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,628,032 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,962,470 |
| Total Program Service Revenue | $165,057 |
| Investment income | $1,808,479 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $941,571 |
| Net Rental Income | $34,117 |
| Net Gain/Loss on Asset Sales | $1,696,108 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,614,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,233,499 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $289,927 |
| Compensation of current officers, directors, key employees. | $195,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,514 |
| Pension plan accruals and contributions | $13,672 |
| Other employee benefits | $53,058 |
| Payroll taxes | $42,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86,964 |
| Fees for services: Accounting | $26,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $177,827 |
| Fees for services: Other | $82,639 |
| Advertising and promotion | $25,449 |
| Office expenses | $194,457 |
| Information technology | $47,318 |
| Royalties | $0 |
| Occupancy | $98,338 |
| Travel | $2,157 |
| 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 | $14,336 |
| Insurance | $79,826 |
| All other expenses | $6,036 |
| Total functional expenses | $4,060,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,697 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $8,900 |
| Net Land, buildings, and equipment | $1,565,257 |
| Investments—publicly traded securities | $120,385,764 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,809,827 |
| Total assets | $139,852,445 |
| Accounts payable and accrued expenses | $516,271 |
| 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 | $516,271 |
| Net assets without donor restrictions | $35,097,522 |
| Net assets with donor restrictions | $104,238,652 |
| 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 | $139,852,445 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Masonic Home And School Of Texas has recieved totaling $100,850.
| Awarding Organization | Amount |
|---|---|
Square And Compasses Holding Bellaire, TX PURPOSE: FUND OPERATIONS | $100,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $850 |
Endowment Analysis
| Beg. Balance | $58,967,399 |
| Earnings | $17,609,078 |
| Other Expense | $1,041,847 |
| Ending Balance | $75,534,630 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Carc Inc Carlsbad, NM | $9,451,276 | $12,194,382 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |
Father Flanagans Boys Home New Orleans, LA | $2,347,903 | $9,257,218 |
Life Support Counseling And Research Inc Austin, TX | $3,931,686 | $9,199,133 |
Forgotten Angels Inc Pearland, TX | $1,121,528 | $8,621,031 |
Childrens Hope Residential Services Inc Lubbock, TX | $2,722,669 | $7,634,142 |
Fort Defiance Housing Corporation Albuquerque, NM | $27,181,769 | $7,777,591 |