Civic Intelligence

Masonic Ascent Association Inc

990EZ • Fiscal year 2021 • EIN 46-5249678

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 15, 2022

Organization Profile
900 Commonwealth Place Ste 200-370Virginia Beach, VA 23464

(757) 655-1490

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

2.07x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • 501(c)10 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

11.37x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)10 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

0.2%

Higher net margin than 38% of similar nonprofits.

2021 filings • 501(c)10 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)10 • <$500k nonprofits • Source year 2021

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)10 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

21%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)10 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$128,024

Up $656 (+0.5%) from 2020

Net Assets

Up

-$137,582

Up $25,855 (+16%) from 2020

Liabilities

Flat

$265,000

Flat from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin38th percentile

Revenue

Up

$23,313

Up $3,983 (+21%) from 2020

Expenses

Up

$23,263

Up $3,948 (+20%) from 2020

Net Income

Up

$50

Up $35 (+233%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2014: $185Liabilities 2014: $02014Assets 2015: $48,285Net Assets 2015: $2372015Assets 2016: $70,845Net Assets 2016: $70,8452016Assets 2017: $89,723Net Assets 2017: $89,6452017Assets 2018: $111,968Net Assets 2018: $111,9682018Assets 2019: $116,548Liabilities 2019: $280,000Net Assets 2019: $116,5482019Assets 2020: $127,368Liabilities 2020: $265,000Net Assets 2020: -$163,4372020Assets 2021: $128,024Liabilities 2021: $265,000Net Assets 2021: -$137,5822021Assets 2022: $4,939Liabilities 2022: $0Net Assets 2022: $4,9392022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2021

Assets$128,024
Liabilities$265,000
Net Assets-$137,582
Open 2021 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2014: $185Expenses 2014: $0Net Income 2014: $1852014Revenue 2015: $48,100Expenses 2015: $48,048Net Income 2015: $522015Revenue 2016: $22,5602016Revenue 2017: $18,8002017Revenue 2018: $22,560Expenses 2018: $22,560Net Income 2018: $02018Revenue 2019: $7,504Expenses 2019: $7,504Net Income 2019: $02019Revenue 2020: $19,330Expenses 2020: $19,315Net Income 2020: $152020Revenue 2021: $23,313Expenses 2021: $23,263Net Income 2021: $502021Revenue 2022: $118,811Expenses 2022: $113,872Net Income 2022: $4,9392022Revenue 2023: $7,467Expenses 2023: $7,467Net Income 2023: $02023

Highlighted filing

2021

Revenue$23,313
Expenses$23,263
Net Income$50
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 15, 2022
Return Version
2021v4.1
Gross Receipts
$23,313
Mission and Program Overview

Mission

Lodge fundraising and support

Program Services

DescriptionGrantsExpenses
AWARENESS OF ISSUES IN THE LOCAL COMMUNITY AND SUPPORT--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAVERNE ARMSTRONGCEO & Chairman Of BoardPT$0--
MARSHALL TODMANSecretary-$0--
ERNEST CHANDLARTreasurer-$0--
EDWARD ARMSTRONGDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Masonic Ascent Association Inc
EIN
46-5249678
Address
900 COMMONWEALTH PLACE STE 200-370, VIRGINIA BEACH, VA 23464

Signing Officer

Name
Edward Armstrong
Title
Director
Phone
8044242415
Signed
2022-03-15

Preparer

Firm
Eastern Shore Tax Services
Address
15523 LANKFORD HWY, BLOXOM, VA 23308
Preparer
Julliana Armstrong
Phone
7576561674
Supplemental Narrative

Additional Explanations

990EZ Part 1 Number 16 Other Expenses

“Sponsorship for students who want to participate in the athletic activity of light sword martial arts to promote community and team work as well as fitness as well as bank fees and supplies”

990EZ Part 2 Line 24 and 26

“Added in the amount paid on the mortgage for the year added the remainder of the mortgage balance on the building”

Raw XML Appendix100 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0EDWARD ARMSTRONG
IRS990EZ/BooksInCareOfDetail/PhoneNum07576551490
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 COMMONWEALTH PLACE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023464
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt023313
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt050
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0127368
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0128024
IRS990EZ/GrossReceiptsAmt023313
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0111968
IRS990EZ/LandAndBuildingsGrp/EOYAmt0111968
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-137632
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-137582
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-137632
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-136976
IRS990EZ/OccupancyRentUtltsAndMaintAmt018201
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAVERNE ARMSTRONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARSHALL TODMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERNEST CHANDLAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD ARMSTRONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO & CHAIRMAN OF BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016006
IRS990EZ/OtherExpensesTotalAmt05062
IRS990EZ/PrimaryExemptPurposeTxt0LODGE FUNDRAISING AND SUPPORT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AWARENESS OF ISSUES IN THE LOCAL COMMUNITY AND SUPPORT
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0265000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0265000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023263
IRS990EZ/TotalRevenueAmt023313
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPONSORSHIP FOR STUDENTS WHO WANT TO PARTICIPATE IN THE ATHLETIC ACTIVITY OF LIGHT SWORD MARTIAL ARTS TO PROMOTE COMMUNITY AND TEAM WORK AS WELL AS FITNESS AS WELL AS BANK FEES AND SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADDED IN THE AMOUNT PAID ON THE MORTGAGE FOR THE YEAR ADDED THE REMAINDER OF THE MORTGAGE BALANCE ON THE BUILDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ PART 1 NUMBER 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990EZ PART 2 LINE 24 AND 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD ARMSTRONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08044242415
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASONIC ASCENT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MASO
ReturnHeader/Filer/EIN0465249678
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 COMMONWEALTH PLACE STE 200-370
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023464
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454665269
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EASTERN SHORE TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015523 LANKFORD HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOXOM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023308
ReturnHeader/PreparerPersonGrp/PhoneNum07576561674
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULLIANA ARMSTRONG
ReturnHeader/ReturnTs02022-04-18T23:16:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDWARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ARMSTRONG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,024
Liabilities
$265,000
Net assets
-$137,582
Revenue
$23,313
Expenses
$23,263
Net income
$50
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.07$0.07$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.19$1.14$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.28$2.65$1.38$0.23$0.23$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.27$2.65$1.63$0.19$0.19$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.17$2.80$1.17$0.08$0.08$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.12$1.12$0.23$0.23$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.71$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.48$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00