Newport News Scottish Rite Foundation is located in Newport News, VA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport News Scottish Rite Foundation 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 12/2023, Newport News Scottish Rite Foundation generated $112.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $92.7k during the year ending 12/2023. 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 Program Activity:
Part 3
PROVIDED A GRADUATE FELLOWSHIP TO OLD DOMINION UNIVERSITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack L Smith President | 10 | $0 | |
Leonard S Mayo Vice President | 1 | $0 | |
Stephen F Dowd Secretary | 10 | $0 | |
John R Goodwin Director | 1 | $0 | |
Bruce L Edwards Director | 1 | $0 | |
George C Winslow Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,141 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,910 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $33,423 |
Other Revenue | $50,950 |
Total Revenue | $112,424 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $88,122 |
Printing, publications, postage, and shipping | $325 |
Other expenses | $4,222 |
Total expenses | $92,669 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $240,442 |
Other assets | $0 |
Total assets | $343,154 |
Total liabilities | $30,000 |
Net assets or fund balances | $313,154 |