Civic Intelligence

Ancient & Accepted Scottish Rite

990 • Fiscal year 2023 • EIN 57-6020543

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 18, 2024

PO Box 5776Greenville, SC 29606-5776

(864) 232-5430

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2023 filings • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

21st percentile

0.00x

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

2023 filings • $5M-$10M nonprofits • Source year 2023

Net Margin

29th percentile

-8.4%

Higher net margin than 29% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

36th percentile

$21,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 23.4% of source-year revenue.

2023 filings • $5M-$10M nonprofits • Source year 2023

Asset Growth

45th percentile

2.1%

Faster asset growth than 45% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,554,911

Up $136,754 (+2.1%) from 2022

Net Assets

Up

$6,554,911

Up $136,754 (+2.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$89,840

Down $6,222,003 (-99%) from 2022

Expenses

Down

$97,351

Down $1,052,394 (-92%) from 2022

Net Income

Down

-$7,511

Down $5,169,609 (-100%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,400,021Liabilities 2010: $261Net Assets 2010: $1,399,7602010Assets 2011: $1,407,858Liabilities 2011: $342Net Assets 2011: $1,407,5162011Assets 2012: $1,410,244Liabilities 2012: $599Net Assets 2012: $1,409,6452012Assets 2013: $1,418,222Liabilities 2013: $3,904Net Assets 2013: $1,414,3182013Assets 2014: $1,421,915Liabilities 2014: $2,414Net Assets 2014: $1,419,5012014Assets 2015: $1,405,903Liabilities 2015: $0Net Assets 2015: $1,405,9032015Assets 2016: $1,396,083Liabilities 2016: $0Net Assets 2016: $1,396,0832016Assets 2017: $1,419,138Liabilities 2017: $0Net Assets 2017: $1,419,1382017Assets 2018: $1,370,397Liabilities 2018: $0Net Assets 2018: $1,370,3972018Assets 2019: $1,394,452Liabilities 2019: $0Net Assets 2019: $1,394,4522019Assets 2020: $1,367,098Liabilities 2020: $0Net Assets 2020: $1,367,0982020Assets 2021: $1,256,059Liabilities 2021: $0Net Assets 2021: $1,256,0592021Assets 2022: $6,418,157Liabilities 2022: $0Net Assets 2022: $6,418,1572022Assets 2023: $6,554,911Liabilities 2023: $0Net Assets 2023: $6,554,9112023Assets 2024: $6,838,790Liabilities 2024: $0Net Assets 2024: $6,838,7902024

Highlighted filing

2023

Assets$6,554,911
Liabilities$0
Net Assets$6,554,911

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $139,6462010Expenses 2011: $122,9382011Expenses 2012: $151,4472012Revenue 2013: $149,851Expenses 2013: $145,175Net Income 2013: $4,6762013Revenue 2014: $130,746Expenses 2014: $125,131Net Income 2014: $5,6152014Revenue 2015: $103,809Expenses 2015: $117,407Net Income 2015: -$13,5982015Revenue 2016: $124,538Expenses 2016: $133,471Net Income 2016: -$8,9332016Revenue 2017: $149,464Expenses 2017: $126,409Net Income 2017: $23,0552017Revenue 2018: $99,325Expenses 2018: $147,450Net Income 2018: -$48,1252018Revenue 2019: $155,061Expenses 2019: $131,006Net Income 2019: $24,0552019Revenue 2020: $89,866Expenses 2020: $117,220Net Income 2020: -$27,3542020Revenue 2021: $79,181Expenses 2021: $154,946Net Income 2021: -$75,7652021Revenue 2022: $6,311,843Expenses 2022: $1,149,745Net Income 2022: $5,162,0982022Revenue 2023: $89,840Expenses 2023: $97,351Net Income 2023: -$7,5112023Revenue 2024: $384,097Expenses 2024: $100,218Net Income 2024: $283,8792024

Highlighted filing

2023

Revenue$89,840
Expenses$97,351
Net Income-$7,511
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 18, 2024
Return Version
2023v5.1
Gross Receipts
$89,840
Mission and Program Overview

Mission

Charitable purposes. Donation of monies for the support of various approved organizations, some of which treat children who have difficulty understanding the spoken word. Scholarships for education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$6,436,919-
Savings and Temporary Cash Investments$6,418,157$117,992▼ $6,300,165
Total Assets$6,418,157$6,554,911▲ $136,754
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,418,157$6,554,911▲ $136,754
Total Net Assets Fund Balance$6,418,157$6,554,911▲ $136,754
Total Liabilities and Net Assets / Fund Balance$6,418,157$6,554,911▲ $136,754

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$141,193$141,193
Other Securities$6,436,919--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Edward SnowGeneral Secretary$21,000$21,000
Kevin S MertensSecretary$5,000$5,000
Revenue and Support

Revenue Composition

Contributions and Grants
$78,549
Program Service Revenue
$0
Investment Income
$11,291
Other Revenue
$0
All Other Contributions
$25,334
Change in Net Assets
$-7,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$69,176
Salaries, Compensation, and Employee Benefits$28,175
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$26,000-$26,000
All Other Expenses$11,959$9,326-$21,285
Other Expenses$4,469$15,940-$15,940
Office Expenses-$3,026-$3,026
Payroll Taxes-$2,175-$2,175
Fees for Services Accounting-$763-$763
Total Functional Expenses$21,928$75,423$0$97,351
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The valley has members who are allowed to attend monthly meetings to discuss and vote on business issues.

Member election for additional members Part VI line 7A

Members meet monthly and vote on board members annually

Governing body decisions Part VI line 7B

Decisions of the governing body are voted on by or approved in advance by the membership.

Form 990 governing body review Part VI line 11

The form 990 is available on the secretarys desk for review

CEO executive director top management comp Part VI line 15A

Compensation is set by the governing body and would be discussed and approved by the membership at a monthly meeting.

Other officer or key employee compensation Part VI line 15B

Decisions about salary is determined by the governing body and would be discussed and approved at a monthly meeting.

Governing documents etc available to public Part VI line 19

Any governing documents are available through the secretary

Filing and Contact Details

Filer

Filer Name
Ancient & Accepted Scottish Rite
EIN
57-6020543
Address
PO BOX 5776, GREENVILLE, SC 29606-5776

Signing Officer

Name
Kevin S Mertens
Title
Treasurer
Phone
8642325430
Signed
2024-06-18
Discuss with paid preparer
Yes

Organization Details

Formed
1950
Legal Domicile
Sc
Voting Board Members
408
Independent Board Members
408
Employees
2

Preparer

Firm
Piedmont Tax Service LLC
Address
114 Piedmont Hwy, Piedmont, SC 29673
Preparer
Matthew Bostick Ea
Phone
8648455724
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Changes to value of investments over the course of the year (unrealized gains)

List of other fees for services expenses Part IX line 11G

Various expenses not listed on other lines

List of other expenses Part IX line 24E

Other expenses related to valley operations not listed elsewhere

Raw XML Appendix285 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VALLEY HAS MEMBERS WHO ARE ALLOWED TO ATTEND MONTHLY MEETINGS TO DISCUSS AND VOTE ON BUSINESS ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS MEET MONTHLY AND VOTE ON BOARD MEMBERS ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF THE GOVERNING BODY ARE VOTED ON BY OR APPROVED IN ADVANCE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS AVAILABLE ON THE SECRETARYS DESK FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS SET BY THE GOVERNING BODY AND WOULD BE DISCUSSED AND APPROVED BY THE MEMBERSHIP AT A MONTHLY MEETING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANY GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE SECRETARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGES TO VALUE OF INVESTMENTS OVER THE COURSE OF THE YEAR (UNREALIZED GAINS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8VARIOUS EXPENSES NOT LISTED ON OTHER LINES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER EXPENSES RELATED TO VALLEY OPERATIONS NOT LISTED ELSEWHERE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9List of other expenses Part IX line 24e
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANCIENT & ACCEPTED SCOTTISH RITE
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ReturnHeader/Filer/USAddress/ZIPCd0296065776
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0932763895
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Piedmont Tax Service LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0114 Piedmont Hwy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Piedmont
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029673
ReturnHeader/PreparerPersonGrp/PhoneNum08648455724
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW BOSTICK EA
ReturnHeader/ReturnTs02024-06-18T16:34:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MERTENS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.84$0.00$6.84$0.38$0.10$0.28
2023Detailed filing. Detailed filing data is available for this year.$6.55$0.00$6.55$0.09$0.10$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$0.00$6.42$6.31$1.15$5.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.26$0.08$0.15$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.09$0.12$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$0.16$0.13$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.10$0.15$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.15$0.13$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$0.12$0.13$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.10$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.13$0.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.41$0.15$0.15$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$0.14