Maryland Scottish Rite Charitable Foundation Inc
- Assets
- $13.6m
- Revenue
- $885.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 12/1983
- Data as of
- 12/2021
- EIN
- 52-1300481
Organization Overview
Maryland Scottish Rite Charitable Foundation Inc is located in Baltimore, MD. The organization was established in 1983. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Scottish Rite Charitable 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, Maryland Scottish Rite Charitable Foundation Inc generated $885.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $582.9k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL ASSISTANCE FOR THE TREATMENT OF CHILDHOOD SPEECH DISORDERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARYLAND HEARING AND SPEECH AGENCY - PROVIDE FINANCIAL ASSISTANCE TO A CLINIC FOR THE TREATMENT OF CHILDHOOD SPEECH DISORDERS.
EDUCATION & SCHOLARSHIP AWARDS - OFFER SCHOLARSHIPS FOR TRAINING AND RESEARCH FOR THE TREATMENT OF CHILDHOOD SPEECH DISORDERS.
MARYLAND HEARING AND SPEECH AGENCY - PROVIDE FINANCIAL ASSISTANCE TO A CLINIC FOR THE TREATMENT OF CHILDHOOD SPEECH DISORDERS.
EDUCATION & SCHOLARSHIP AWARDS - OFFER SCHOLARSHIPS FOR TRAINING AND RESEARCH FOR THE TREATMENT OF CHILDHOOD SPEECH DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Ray Leppo Jr President | Officer | $0 | |
Frederick A Spicer Secretary | Officer | $0 | |
George J Christoff Director | Trustee | $0 | |
W Raymond Bosley Jr Treasurer | Trustee | $0 | |
Henry Mcdonald Director | Trustee | $0 | |
Marlin L Mills S.g.i.g. | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,772 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,189 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,961 |
| Total Program Service Revenue | $0 |
| Investment income | $171,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $689,791 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $885,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| 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 | $46,200 |
| 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 | $77,987 |
| Total functional expenses | $582,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,601 |
| Savings and temporary cash investments | $321,136 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,134,229 |
| Investments—publicly traded securities | $12,134,078 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,398 |
| Total assets | $13,646,044 |
| 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 | $49,200 |
| Total liabilities | $49,200 |
| Net assets without donor restrictions | $11,013,853 |
| Net assets with donor restrictions | $2,582,991 |
| 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 | $13,646,044 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maryland Scottish Rite Charitable Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Scottish Rite Foundation Southern Jurisdiction Usa Inc Washington, DC PURPOSE: RITE CARE CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Isda Fraternal Association Pittsburgh, PA | $277,868,163 | $84,487,540 |
William Penn Association Pittsburgh, PA | $564,136,496 | $86,255,147 |
Loyal Christian Benefit Association Erie, PA | $108,287,356 | $23,099,109 |
Slovene National Benefit Society Imperial, PA | $127,585,848 | $17,289,930 |
Ancient Free & Accepted Masons Of Maryland Grand Lodge Cockeysville, MD | $187,202,317 | $9,692,713 |
Serb National Federation Pittsburgh, PA | $50,402,981 | $6,645,334 |
Fraternal Order Of Police Philadelphia, PA | $3,187,559 | $6,876,497 |
Ancient & Accepted Scottish Rite Of Free Masonry So Juris Usa Washington, DC | $28,646,656 | $6,184,451 |
Providence Assn Of Ukrainian Catholics Of Amer Philadelphia, PA | $55,075,663 | $6,983,514 |
Polish Falcons Of America Pittsburgh, PA | $40,676,015 | $5,977,879 |
Federal Law Enforcement Officers Association Inc Bethesda, MD | $2,620,306 | $4,544,174 |
Artisans Order Of Mutual Protection Most Excellent Assembly Philadelphia, PA | $35,098,692 | $3,365,313 |