Skip to content
Nonprofiteer
← ILLINOIS MASONIC CHILDRENS HOME

Form 990 for tax year 2022

Filed by ILLINOIS MASONIC CHILDRENS HOME.

Totals

Total revenue
$391,162
Total expenses
$486,072
Contributions and grants received
$129,938
Grants paid
$15,081
Program service revenue
$0
Investment income
$255,437
Other revenue
$5,787
Total assets, end of year
$7,427,700
Total liabilities, end of year
$21,135
Net assets or fund balances, end of year
$7,406,565
Program services expenses (Part IX)
$349,296
Management and general expenses
$136,776
Fundraising expenses
$0
Program service expenses (Part III)
$349,296

Program services were 71.9% 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

    $129,938

  • 3 · Investment income

    total $255,437 · excluded $255,437

  • 11a · Other revenue: OTHER INCOME

    total $5,787 · excluded $5,787

  • 11e · Other revenue, total

    $5,787

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $15,081 · program services $15,081

  • 7 · Other salaries and wages

    total $287,568 · program services $231,768 · management and general $55,800

  • 9 · Other employee benefits

    total $51,094 · program services $51,094

  • 10 · Payroll taxes

    total $17,592 · program services $17,592

  • 11b · Fees: legal

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

  • 11c · Fees: accounting

    total $17,865 · management and general $17,865

  • 11f · Fees: investment management

    total $1,942 · management and general $1,942

  • 12 · Advertising and promotion

    total $6,104 · program services $5,494 · management and general $610

  • 13 · Office expenses

    total $2,097 · management and general $2,097

  • 14 · Information technology

    total $3,113 · program services $3,113

  • 16 · Occupancy

    total $24,600 · management and general $24,600

  • 17 · Travel

    total $18,493 · program services $3,868 · management and general $14,625

  • 22 · Depreciation, depletion and amortization

    total $870 · program services $696 · management and general $174

  • 23 · Insurance

    total $1,273 · management and general $1,273

  • 24a · Other expenses: OTHER

    total $17,685 · program services $16,895 · management and general $790

  • 24b · Other expenses: RECREATION AND ACTIVITI

    total $3,695 · program services $3,695

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,043,038 · end of year $1,624,055

  • 7 · Other notes and loans receivable

    beginning of year $33,000 · end of year $32,100

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,353 · end of year $3,126

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

    $4,350

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

    $1,476

  • 10c · Land, buildings and equipment, net

    beginning of year $403 · end of year $2,874

  • 12 · Investments: other securities

    beginning of year $6,271,157 · end of year $5,764,338

  • 15 · Other assets

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

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,089 · end of year $21,135

  • 27 · Net assets without donor restrictions

    beginning of year $2,532,518 · end of year $2,439,575

  • 28 · Net assets with donor restrictions

    beginning of year $4,803,551 · end of year $4,966,990

Mission and programs · 2022

Mission

TO SUPPORT OUR CHILDREN TO ENSURE THEY HAVE THE OPPORTUNITIES THEY NEED TO REACH THEIR FULLEST POTENTIAL THROUGH OUR LEGACY PROGRAM. 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.

  • ILLINOIS MASONIC CHILDREN'S ASSISTANCE PROGRAM (IMCAP) - OUR LEGACY PROGRAM OFFERS SIGNIFICANT FINANCIAL RESOURCES AND CASE MANAGEMENT SERVICES FOR OUR YOUNG PEOPLE AND THEIR PARENTS OR GUARDIANS. OVER THE PAST YEAR, OUR YOUNG PEOPLE HAVE ATTENDED SUMMER CAMPS, GONE ON MISSION TRIPS, TAKEN SWIMMING LESSONS, BEEN RECRUITED TO PLAY FOOTBALL IN COLLEGE, DRESSED UP FOR PROMS, AND MORE. THERE WERE 13 KIDS ENROLLED IN OUR LEGACY PROGRAM DURING THE YEAR.

    Expenses $349,296 · Grants $15,081

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Jackson

    PRESIDENT

    Total calculated
    $27,577
    From this org
    $0
    From related orgs
    $27,577
    Other
    $0
    Hours/week
    2 + 34 related

  • David Lynch

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4 + 23 related

  • Franklin Cline

    SECRETARY

    Total calculated
    $47,727
    From this org
    $0
    From related orgs
    $47,727
    Other
    $0
    Hours/week
    3 + 37 related

  • Anthony Cracco

    TREASURER

    Total calculated
    $6,577
    From this org
    $0
    From related orgs
    $6,577
    Other
    $0
    Hours/week
    2 + 20 related

  • Joseph Ferrell

    SENIOR GRAND WARDEN

    Total calculated
    $0
    Hours/week
    1 + 23 related

  • Auston E Gene Smith

    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
2022
Filed
12 February 2024
IRS schema version
2022v5.0
Source object
202440599349301224

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.