Civic Intelligence

Iowa Scottish Rite Masonic Foundation

EIN 42-6060659 • 501(c)3 • Des Moines, IA

Profile

The organization is the joint charitable arm of the five scottish rite valleys in iowa and provides the organizational framework for the formal charitable giving of iowa's scottish rite members. See schedule o.the organization has three areas of focus: rite care, support of programs that combat alzheimer's disease, and local charitable efforts.

519 Park StreetDes Moines, IA 50309-1680

iascottishrite.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

27%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

362%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,271,426

Up $2,208,176 (+27%) from 2023

Liabilities

Down

$0

Down $7,237 (-100%) from 2023

Net Assets

Up

$10,271,426

Up $2,215,413 (+28%) from 2023

Revenue

Up

$2,078,422

Up $1,628,432 (+362%) from 2023

Expenses

Up

$400,765

Up $6,367 (+1.6%) from 2023

Net Income

Up

$1,677,657

Up $1,622,065 (+2918%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $5,516,846Liabilities 2011: $13,405Net Assets 2011: $5,503,4412011Assets 2012: $5,450,856Liabilities 2012: $0Net Assets 2012: $5,450,8562012Assets 2013: $5,643,165Liabilities 2013: $0Net Assets 2013: $5,643,1652013Assets 2014: $5,687,369Liabilities 2014: $0Net Assets 2014: $5,687,3692014Assets 2015: $6,043,017Liabilities 2015: $0Net Assets 2015: $6,043,0172015Assets 2016: $6,020,024Liabilities 2016: $0Net Assets 2016: $6,020,0242016Assets 2017: $6,006,961Liabilities 2017: $0Net Assets 2017: $6,006,9612017Assets 2018: $5,928,269Liabilities 2018: $0Net Assets 2018: $5,928,2692018Assets 2019: $5,744,750Liabilities 2019: $0Net Assets 2019: $5,744,7502019Assets 2020: $5,840,332Liabilities 2020: $0Net Assets 2020: $5,840,3322020Assets 2021: $6,329,992Liabilities 2021: $0Net Assets 2021: $6,329,9922021Assets 2022: $6,289,357Liabilities 2022: $0Net Assets 2022: $6,289,3572022Assets 2023: $8,063,250Liabilities 2023: $7,237Net Assets 2023: $8,056,0132023Assets 2024: $10,271,426Liabilities 2024: $0Net Assets 2024: $10,271,4262024

Highlighted filing

2024

Assets$10,271,426
Liabilities$0
Net Assets$10,271,426

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $239,622Expenses 2011: $418,546Net Income 2011: -$178,9242011Revenue 2012: $210,183Expenses 2012: $262,768Net Income 2012: -$52,5852012Revenue 2013: $528,329Expenses 2013: $336,020Net Income 2013: $192,3092013Revenue 2014: $375,960Expenses 2014: $331,756Net Income 2014: $44,2042014Revenue 2015: $707,357Expenses 2015: $351,709Net Income 2015: $355,6482015Revenue 2016: $337,957Expenses 2016: $360,950Net Income 2016: -$22,9932016Revenue 2017: $357,668Expenses 2017: $370,731Net Income 2017: -$13,0632017Revenue 2018: $314,732Expenses 2018: $393,424Net Income 2018: -$78,6922018Revenue 2019: $194,684Expenses 2019: $378,203Net Income 2019: -$183,5192019Revenue 2020: $488,412Expenses 2020: $392,830Net Income 2020: $95,5822020Revenue 2021: $862,650Expenses 2021: $372,992Net Income 2021: $489,6582021Revenue 2022: $346,494Expenses 2022: $387,129Net Income 2022: -$40,6352022Revenue 2023: $449,990Expenses 2023: $394,398Net Income 2023: $55,5922023Revenue 2024: $2,078,422Expenses 2024: $400,765Net Income 2024: $1,677,6572024

Highlighted filing

2024

Revenue$2,078,422
Expenses$400,765
Net Income$1,677,657

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.00$10.3$2.08$0.40$1.68
2023Detailed filing. Detailed filing data is available for this year.$8.06$0.01$8.06$0.45$0.39$0.06
2022Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$0.35$0.39$0.04
2021Detailed filing. Detailed filing data is available for this year.$6.33$0.00$6.33$0.86$0.37$0.49
2020Detailed filing. Detailed filing data is available for this year.$5.84$0.00$5.84$0.49$0.39$0.10
2019Detailed filing. Detailed filing data is available for this year.$5.74$0.00$5.74$0.19$0.38$0.18
2018Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$0.31$0.39$0.08
2017Detailed filing. Detailed filing data is available for this year.$6.01$0.00$6.01$0.36$0.37$0.01
2016Summary only. Only limited summary data is available for this year.$6.02$0.00$6.02$0.34$0.36$0.02
2015Summary only. Only limited summary data is available for this year.$6.04$0.00$6.04$0.71$0.35$0.36
2014Summary only. Only limited summary data is available for this year.$5.69$0.00$5.69$0.38$0.33$0.04
2013Summary only. Only limited summary data is available for this year.$5.64$0.00$5.64$0.53$0.34$0.19
2012Summary only. Only limited summary data is available for this year.$5.45$0.00$5.45$0.21$0.26$0.05
2011Summary only. Only limited summary data is available for this year.$5.52$0.01$5.50$0.24$0.42$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$3,506,549
Mission and Program Overview

Mission

The organization is the joint charitable arm of the five scottish rite valleys in iowa and provides the organizational framework for the formal charitable giving of iowa's scottish rite members. See schedule o.the organization has three areas of focus: rite care, support of programs that combat alzheimer's disease, and local charitable efforts.

Maintain funds for charitable, religious, scientific, literary, or educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,733,169$9,101,939▲ $1,368,770
Accounts Receivable-$661,607-
Savings and Temporary Cash Investments$296,780$392,394▲ $95,614
Cash and Non-Interest-Bearing Accounts-$82,187-
Prepaid Expenses and Deferred Charges$21,214$21,212▼ $2
Investments Other Securities$12,087$12,087→ $0
Total Assets$8,063,250$10,271,426▲ $2,208,176
Liabilities
Other Liabilities$7,237$0▼ $7,237
Total Liabilities$7,237$0▼ $7,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,056,013$9,609,819▲ $1,553,806
Net Assets With Donor Restrictions-$661,607-
Total Net Assets Fund Balance$8,056,013$10,271,426▲ $2,215,413
Total Liabilities and Net Assets / Fund Balance$8,063,250$10,271,426▲ $2,208,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shane HarshbargerSecretary /director DeveloPT$34,850$34,850

Board Members and Trustees

NameTitle
Steven G JacobsPresident
Charles D YatesVice President
H Chris EichmeierVice President
John H GhristVice President
Robert E Breckenridge IiVice President
William C JacobsonVice President
Bryce B HildrethDirector
Dennis R SoebbingDirector
Doug B MarxDirector
Gary L SisselDirector
Howard C Neese IiDirector
Jeremey MeadDirector
John M KlausDirector
Richard O BergezDirector
Robert Myers IiiDirector
Thomas D CoxDirector
Thomas HumbertDirector
Brian PappaducasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,388,152
Program Service Revenue
$0
Investment Income
$637,357
Other Revenue
$52,913
All Other Contributions
$1,388,152
Change in Net Assets
$1,677,657

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,078,422
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$537,756
Total Revenue per Audited Statements
$2,616,178
Total Revenue per Form 990
$2,078,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$247,772
Other Expenses$115,477
Salaries, Compensation, and Employee Benefits$37,516
Total Fundraising Expense$25,350
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$217,772--$217,772
Fees for Service Investment Mgmnt Fees$38,922--$38,922
Current Officers, Directors, Trustees, and Key Employees-$34,850-$34,850
Grants to Domestic Individuals$30,000--$30,000
Insurance-$21,321-$21,321
Fees for Services Accounting-$16,421-$16,421
Office Expenses-$6,772$5,264$12,036
Occupancy-$4,500-$4,500
Payroll Taxes-$2,666-$2,666
Travel--$2,623$2,623
Other Expenses-$2,191$1,519$1,519
Conferences and Meetings--$112$112
Total Functional Expenses$286,694$88,721$25,350$400,765

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$400,765
Total Expenses per Audited Statements$400,765
Total Expenses per Form 990$400,765
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Alzheimer Association Ia ChapterWest Des Moines, IA501(c)(3)Alzeheimer Programs$42,572
ChildserveJohnston, IA501(c)(3)Speech / Language Disorder$35,000
St Ambrose UniversityDavenport, IAGOV'T / UNIVERSITYSpeech / Language Disorder$35,000
University of Northern IowaCedar Falls, IAGOV'T / UNIVERSITYSpeech / Language Disorder$35,000
Temple Historic Preservation FoundationWashington, DC501(c)(3)Preservation Rite Temple Funds$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of this corporation initially were those persons who executed the articles of incorporation, and subsequently such other persons as they may be elected pursuant to a majority vote of the members present at any annual or special meeting of members, a quorum being present. The members of this corporation shall be persons who have received the thirty second degree of the ancient and accepted scottish rite of freemasonry and are currently a member in good standing in an iowa scottish rite valley. Members may vote, serve on committees and hold office.

Form 990, Part VI, Section A, Line 7A

All members vote on who is elected to the board on an annual basis.

Form 990, Part VI, Section A, Line 7B

Dissolution of the foundation would require a vote by its members.

Form 990, Part VI, Section B, Line 11B

A draft copy of the 990 is made available to management and directors to review prior to filing.

Form 990, Part VI, Section B, Line 12C

At the annual meeting, the board of directors will need to sign a form stating that there is no conflicts of interest.

Form 990, Part VI, Section B, Line 15

The board annually reviews the compensation, work load, and duties of the executive director.

Form 990, Part VI, Section C, Line 19

All documents required to be made public are available from the organization's offices upon request.

Filing and Contact Details

Filer

Filer Name
Iowa Scottish Rite Masonic Foundation
EIN
42-6060659
Phone
5152888429
Address
519 PARK STREET, DES MOINES, IA 50309-1680

Signing Officer

Name
Steven G Jacobs
Title
President
Phone
5152888429
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven G Jacobs
Formed
1959
Legal Domicile
Ia
Voting Board Members
19
Independent Board Members
18
Employees
1
Volunteers
50

Preparer

Firm
Meriwether Wilson and Company Pllc
Address
4500 WESTOWN PARKWAY SUITE 140, WEST DES MOINES, IA 50266-6717
Preparer
Matthew Vogl
Phone
5152230002
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY /DIRECTOR DEVELO
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0THE ORGANIZATION IS THE JOINT CHARITABLE ARM OF THE FIVE SCOTTISH RITE VALLEYS IN IOWA AND PROVIDES THE ORGANIZATIONAL FRAMEWORK FOR THE FORMAL CHARITABLE GIVING OF IOWA'S SCOTTISH RITE MEMBERS. SEE SCHEDULE O.THE ORGANIZATION HAS THREE AREAS OF FOCUS: RITE CARE, SUPPORT OF PROGRAMS THAT COMBAT ALZHEIMER'S DISEASE, AND LOCAL CHARITABLE EFFORTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE IOWA SCOTTISH RITE MASONIC FOUNDATION SUPPORTS A VARIETY OF PROGRAMS TO COMBAT THE DEBILITATING DISEASE OF ALZHEIMER'S. THE FOUNDATION FUNDS PROGRAMS IN CONJUCTION WITH THE ALZHEIMER'S ASSOCIATION AND OTHER LOCAL PROGRAMS TO ASSIST BOTH PATIENTS AND CAREGIVERS. DURING 2024, THE FOUNDATION PROVIDED GRANTS TO 1 ORGANIZATION.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0174724
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BRIGHT SCHOLAR - SCHOLARSHIPS
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IRS990ScheduleI/RecipientTable/CashGrantAmt435000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV'T / UNIVERSITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3GOV'T / UNIVERSITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)

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