Civic Intelligence

Richmond Bodies Ancient & Accepted Scottish Rites of Freemasonry

990 • Fiscal year 2019 • EIN 54-0123385

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 05, 2020

PO Box 9136Richmond, VA 23227

(804) 264-2050

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.22x

Higher debt load relative to revenue than 63% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Net Margin

27th percentile

-6.4%

Higher net margin than 27% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$28,835

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2019 filings • $5M-$10M nonprofits • Source year 2019

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$9,047,677

Up $996,345 (+12%) from 2018

Net Assets

Up

$8,962,245

Up $1,005,498 (+13%) from 2018

Liabilities

Down

$85,432

Down $9,153 (-9.7%) from 2018

Revenue

Down

$390,137

Down $1,810,678 (-82%) from 2018

Expenses

Up

$415,198

Up $4,351 (+1.1%) from 2018

Net Income

Down

-$25,061

Down $1,815,029 (-101%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,882,138Liabilities 2011: $75,221Net Assets 2011: $5,806,9172011Assets 2012: $6,219,496Liabilities 2012: $78,706Net Assets 2012: $6,140,7902012Assets 2013: $7,103,002Liabilities 2013: $85,273Net Assets 2013: $7,017,7292013Assets 2014: $7,400,513Liabilities 2014: $112,153Net Assets 2014: $7,288,3602014Assets 2015: $7,093,204Liabilities 2015: $97,356Net Assets 2015: $6,995,8482015Assets 2016: $7,764,310Liabilities 2016: $109,723Net Assets 2016: $7,654,5872016Assets 2017: $8,380,990Liabilities 2017: $103,997Net Assets 2017: $8,276,9932017Assets 2018: $8,051,332Liabilities 2018: $94,585Net Assets 2018: $7,956,7472018Assets 2019: $9,047,677Liabilities 2019: $85,432Net Assets 2019: $8,962,2452019Assets 2020: $9,608,877Liabilities 2020: $94,278Net Assets 2020: $9,514,5992020Assets 2021: $10,418,219Liabilities 2021: $97,117Net Assets 2021: $10,321,1022021Assets 2022: $11,932,312Liabilities 2022: $215,333Net Assets 2022: $11,716,9792022Assets 2023: $13,035,222Liabilities 2023: $169,555Net Assets 2023: $12,865,6672023Assets 2024: $14,471,102Liabilities 2024: $141,169Net Assets 2024: $14,329,9332024

Highlighted filing

2019

Assets$9,047,677
Liabilities$85,432
Net Assets$8,962,245

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $649,365Expenses 2011: $434,654Net Income 2011: $214,7112011Revenue 2012: $819,367Expenses 2012: $390,746Net Income 2012: $428,6212012Revenue 2013: $650,754Expenses 2013: $409,410Net Income 2013: $241,3442013Revenue 2014: $490,974Expenses 2014: $453,476Net Income 2014: $37,4982014Revenue 2015: $761,575Expenses 2015: $423,221Net Income 2015: $338,3542015Revenue 2016: $828,698Expenses 2016: $441,197Net Income 2016: $387,5012016Revenue 2017: $884,310Expenses 2017: $651,128Net Income 2017: $233,1822017Revenue 2018: $2,200,815Expenses 2018: $410,847Net Income 2018: $1,789,9682018Revenue 2019: $390,137Expenses 2019: $415,198Net Income 2019: -$25,0612019Revenue 2020: $268,812Expenses 2020: $395,484Net Income 2020: -$126,6722020Revenue 2021: $1,595,756Expenses 2021: $436,811Net Income 2021: $1,158,9452021Revenue 2022: $2,868,308Expenses 2022: $454,047Net Income 2022: $2,414,2612022Revenue 2023: $496,397Expenses 2023: $502,329Net Income 2023: -$5,9322023Revenue 2024: $1,816,881Expenses 2024: $387,014Net Income 2024: $1,429,8672024

Highlighted filing

2019

Revenue$390,137
Expenses$415,198
Net Income-$25,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 5, 2020
Return Version
2019v5.0
Gross Receipts
$1,791,413
Mission and Program Overview

Mission

The primary function of the association is to promote the objectives and values of the fraternal brotherhood of freemasonry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,720,194$8,156,849▲ $1,436,655
Land, Buildings, and Equipment, Net$569,701$527,017▼ $42,684
Cash and Non-Interest-Bearing Accounts$678,153$306,596▼ $371,557
Savings and Temporary Cash Investments$62,012$41,789▼ $20,223
Accounts Receivable$7,500$5,850▼ $1,650
Prepaid Expenses and Deferred Charges$4,558$4,609▲ $51
Total Assets$8,051,332$9,047,677▲ $996,345
Other Assets Total$9,214$4,967▼ $4,247
Liabilities
Deferred Revenue$71,843$64,419▼ $7,424
Other Liabilities$21,616$19,887▼ $1,729
Unsecured Notes Loans Payable$1,000$1,000→ $0
Accounts Payable and Accrued Expenses$126$126→ $0
Total Liabilities$94,585$85,432▼ $9,153
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,946,521$8,949,766▲ $1,003,245
Net Assets With Donor Restrictions$10,226$12,479▲ $2,253
Total Net Assets Fund Balance$7,956,747$8,962,245▲ $1,005,498
Total Liabilities and Net Assets / Fund Balance$8,051,332$9,047,677▲ $996,345

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$456,490$1,893,775$2,350,265
Equipment$3,093$269,832$272,925
Land$67,434-$67,434
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert W Carpenter JrGeneral SecretaryPT$28,835$28,835

Board Members and Trustees

NameTitle
Dale E Wright SrChairman of the Trustees
James H Atkinson JrTrustee
Terry F HiltonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$128,473
Program Service Revenue
$40,166
Investment Income
$220,418
Other Revenue
$1,080
All Other Contributions
$2,252
Change in Net Assets
$-25,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,484
Salaries, Compensation, and Employee Benefits$68,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$111,992
Depreciation Depletion---$56,855
Fees for Service Investment Mgmnt Fees---$51,515
Payments to Affiliates---$38,496
Other Salaries and Wages---$29,203
Current Officers, Directors, Trustees, and Key Employees---$28,835
Insurance---$28,148
Office Expenses---$16,631
Conferences and Meetings---$16,062
Fees for Services Accounting---$10,700
Other Employee Benefits---$5,421
Payroll Taxes---$4,592
Other Expenses---$1,390
All Other Expenses---$1,314
Travel---$1,050
Pension Plan Contributions---$663
Total Functional Expenses$0$0$0$415,198
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Liability$15,423
Due to Childhood Language Center$3,677
Due to Library and Scholarship$787
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Management duties delegated
No

Governance Explanations

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

Members elect the trustees, who are then confirmed by the circuit court.

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

The general secretary of the organization, who is the financial officer, reviews the 990.

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

The organization reviews the conflict of interest policy on a yearly basis and will update the policy when necessary.

Form 990, Part VI, Section B, Line 15

The general secretary, who acts as cfo, is the only paid officer. His salary is determined by the finance committee, and the federal cola is used to determine increases.

Form 990, Part VI, Section C, Line 19

The organization makes its policies available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Richmond Bodies Ancient & Accepted
EIN
54-0123385
Phone
8042642050
Address
PO BOX 9136, RICHMOND, VA 23227

Signing Officer

Name
Robert W Carpenter Jr
Title
General Secretary
Phone
8042642050
Signed
2020-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert W Carpenter Jr
Formed
1878
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Lakrisha J Watson
Phone
8042827636
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The bodies is a qualifying nonprofit organization that is exempt from federal and state income taxes under internal revenue code section 501(c)(10) and the tax statutes of the commonwealth of virginia. Accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes.

Raw XML Appendix346 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BODIES IS A QUALIFYING NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(10) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ELECT THE TRUSTEES, WHO ARE THEN CONFIRMED BY THE CIRCUIT COURT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GENERAL SECRETARY OF THE ORGANIZATION, WHO IS THE FINANCIAL OFFICER, REVIEWS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ON A YEARLY BASIS AND WILL UPDATE THE POLICY WHEN NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GENERAL SECRETARY, WHO ACTS AS CFO, IS THE ONLY PAID OFFICER. HIS SALARY IS DETERMINED BY THE FINANCE COMMITTEE, AND THE FEDERAL COLA IS USED TO DETERMINE INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08051332
IRS990/TotalAssetsEOYAmt09047677
IRS990/TotalAssetsGrp/BOYAmt08051332
IRS990/TotalAssetsGrp/EOYAmt09047677
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0128473
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0415198
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt094585
IRS990/TotalLiabilitiesEOYAmt085432
IRS990/TotalLiabilitiesGrp/BOYAmt094585
IRS990/TotalLiabilitiesGrp/EOYAmt085432
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07956747
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08962245
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt040166
IRS990/TotalReportableCompFromOrgAmt028835
IRS990/TotalRevenueGrp/ExclusionAmt0220418
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt041246
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0390137
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08051332
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09047677
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01050
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 9136
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023227
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.RICHMONDSCOTTISHRITE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT W CARPENTER JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08042642050
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RICHMOND BODIES ANCIENT & ACCEPTED
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCOTTISH RITES OF FREEMASONRY
ReturnHeader/Filer/BusinessNameControlTxt0RICH
ReturnHeader/Filer/EIN0540123385
ReturnHeader/Filer/PhoneNum08042642050
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 9136
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023227
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F5546B5B7CD38A446598DAD023256886AFA7EE0D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt04.28.226.33
ReturnHeader/FilingSecurityInformation/IPDt02020-03-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:39:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560747981
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIXON HUGHES GOODMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0901 EAST CARY STREET SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023219
ReturnHeader/PreparerPersonGrp/PhoneNum08042827636
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAKRISHA J WATSON
ReturnHeader/ReturnTs02020-03-09T15:07:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.5$0.14$14.3$1.82$0.39$1.43
2023Detailed filing. Detailed filing data is available for this year.$13.0$0.17$12.9$0.50$0.50$0.01
2022Detailed filing. Detailed filing data is available for this year.$11.9$0.22$11.7$2.87$0.45$2.41
2021Detailed filing. Detailed filing data is available for this year.$10.4$0.10$10.3$1.60$0.44$1.16
2020Detailed filing. Detailed filing data is available for this year.$9.61$0.09$9.51$0.27$0.40$0.13
2019Detailed filing. Detailed filing data is available for this year.$9.05$0.09$8.96$0.39$0.42$0.03
2018Detailed filing. Detailed filing data is available for this year.$8.05$0.09$7.96$2.20$0.41$1.79
2017Detailed filing. Detailed filing data is available for this year.$8.38$0.10$8.28$0.88$0.65$0.23
2016Detailed filing. Detailed filing data is available for this year.$7.76$0.11$7.65$0.83$0.44$0.39
2015Detailed filing. Detailed filing data is available for this year.$7.09$0.10$7.00$0.76$0.42$0.34
2014Detailed filing. Detailed filing data is available for this year.$7.40$0.11$7.29$0.49$0.45$0.04
2013Detailed filing. Detailed filing data is available for this year.$7.10$0.09$7.02$0.65$0.41$0.24
2012Summary only. Only limited summary data is available for this year.$6.22$0.08$6.14$0.82$0.39$0.43
2011Summary only. Only limited summary data is available for this year.$5.88$0.08$5.81$0.65$0.43$0.21