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Nonprofiteer
← ILLINOIS MASONIC CHILDRENS HOME

Form 990 for tax year 2023

Filed by ILLINOIS MASONIC CHILDRENS HOME.

Totals

Total revenue
$359,936
Total expenses
$521,325
Contributions and grants received
$32,761
Grants paid
$7,000
Program service revenue
$0
Investment income
$323,870
Other revenue
$3,305
Total assets, end of year
$7,519,809
Total liabilities, end of year
$23,440
Net assets or fund balances, end of year
$7,496,369
Program services expenses (Part IX)
$369,643
Management and general expenses
$151,682
Fundraising expenses
$0
Program service expenses (Part III)
$369,643

Program services were 70.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $32,761

  • 3 · Investment income

    total $323,870 · excluded $323,870

  • 11a · Other revenue: OTHER INCOME

    total $3,305 · excluded $3,305

  • 11e · Other revenue, total

    $3,305

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $7,000 · program services $7,000

  • 7 · Other salaries and wages

    total $311,622 · program services $250,022 · management and general $61,600

  • 9 · Other employee benefits

    total $60,334 · program services $60,334

  • 10 · Payroll taxes

    total $19,328 · program services $19,328

  • 11a · Fees: management

    total $2,500 · management and general $2,500

  • 11b · Fees: legal

    total $17,000 · management and general $17,000

  • 11c · Fees: accounting

    total $17,615 · management and general $17,615

  • 11f · Fees: investment management

    total $1,684 · management and general $1,684

  • 12 · Advertising and promotion

    total $564 · program services $508 · management and general $56

  • 13 · Office expenses

    total $5,699 · management and general $5,699

  • 14 · Information technology

    total $1,996 · program services $1,996

  • 16 · Occupancy

    total $24,850 · management and general $24,850

  • 17 · Travel

    total $22,794 · program services $4,169 · management and general $18,625

  • 22 · Depreciation, depletion and amortization

    total $1,745 · program services $1,396 · management and general $349

  • 23 · Insurance

    total $1,147 · management and general $1,147

  • 24a · Other expenses: OTHER

    total $25,447 · program services $24,890 · management and general $557

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,624,055 · end of year $1,420,457

  • 7 · Other notes and loans receivable

    beginning of year $32,100 · end of year $30,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,126 · end of year $2,897

  • 10a · Land, buildings and equipment: cost or other basis

    $8,725

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,221

  • 10c · Land, buildings and equipment, net

    beginning of year $2,874 · end of year $5,504

  • 12 · Investments: other securities

    beginning of year $5,764,338 · end of year $6,057,434

  • 15 · Other assets

    beginning of year $1,207 · end of year $2,617

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,135 · end of year $23,440

  • 27 · Net assets without donor restrictions

    beginning of year $2,439,575 · end of year $2,275,186

  • 28 · Net assets with donor restrictions

    beginning of year $4,966,990 · end of year $5,221,183

Mission and programs · 2023

Mission

WE ASSIST MASONIC AFFILIATED CHILDREN AND YOUNG ADULTS WITH EDUCATION, EMERGENCIES, YOUTH PROGRAMS, AND DEVELOPMENTAL CHALLENGES. WE ALSO SUPPORT OUR LEGACY PROGRAM CHILDREN TO ENSURE THEY HAVE THE OPPORTUNITIES THEY NEED TO REACH THEIR FULLEST POTENTIAL. OUR LEGACY PROGRAM OFFERS SIGNIFICANT FINANCIAL RESOURCES AND CASE MANAGEMENT SERVICES FOR OUR YOUNG PEOPLE AND THEIR PARENTS OR GUARDIANS. WE ARE COMMITTED TO NOT ONLY ENSURE THAT THEIR BASIC NEEDS ARE MET BUT THEY LIVE A LIFE FILLED WITH DISCOVERIES.

Activities or mission (Part I)

TO ASSIST MASONIC AFFILIATED CHILDREN AND YOUNG ADULTS WITH EDUCATION, EMERGENCIES, YOUTH PROGRAMS, AND DEVELOPMENTAL CHALLENGES.

  • WE ASSIST MASONIC AFFILIATED CHILDREN AND YOUNG ADULTS WITH EDUCATION, EMERGENCIES, YOUTH PROGRAMS, AND DEVELOPMENTAL CHALLENGES. WE ALSO SUPPORT OUR LEGACY PROGRAM CHILDREN TO ENSURE THEY HAVE THE OPPORTUNITIES THEY NEED TO REACH THEIR FULLEST POTENTIAL. OUR LEGACY PROGRAM OFFERS SIGNIFICANT FINANCIAL RESOURCES AND CASE MANAGEMENT SERVICES FOR OUR YOUNG PEOPLE AND THEIR PARENTS OR GUARDIANS. WE ARE COMMITTED TO NOT ONLY ENSURE THAT THEIR BASIC NEEDS ARE MET BUT THEY LIVE A LIFE FILLED WITH DISCOVERIES.

    Expenses $369,643 · Grants $7,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Lynch

    GRAND MASTER

    Total calculated
    $12,016
    From this org
    $0
    From related orgs
    $6,247
    Other
    $5,769
    Hours/week
    2 + 34 related

  • Joseph Ferrell

    DEPUTY GRAND MASTER

    Total calculated
    $0
    Hours/week
    4 + 23 related

  • Anthony Cracco

    GRAND TREASURER

    Total calculated
    $9,000
    From this org
    $0
    From related orgs
    $9,000
    Other
    $0
    Hours/week
    2 + 20 related

  • Franklin Cline

    GRAND SECRETARY

    Total calculated
    $60,415
    From this org
    $0
    From related orgs
    $51,873
    Other
    $8,542
    Hours/week
    3 + 37 related

  • Austin Eugene Smith

    SENIOR GRAND WARDEN

    Total calculated
    $0
    Hours/week
    1 + 23 related

  • James Williams

    JUNIOR GRAND WARDEN

    Total calculated
    $0
    Hours/week
    1 + 23 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
21 January 2025
IRS schema version
2023v6.0
Source object
202500349349300915

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