Form 990 for tax year 2022
Filed by LOUISIANA SCOTTISH RITE FOUNDATION INC.
Totals
- Total revenue
- $114,786
- Total expenses
- $129,950
- Contributions and grants received
- $39,561
- Grants paid
- $35,100
- Program service revenue
- $0
- Investment income
- $75,225
- Other revenue
- $0
- Total assets, end of year
- $2,558,069
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,558,069
- Program services expenses (Part IX)
- $91,110
- Management and general expenses
- $38,840
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $91,110
Program services were 70.1% 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
$39,561
-
3 · Investment income
total $33,248 · related or exempt $68 · excluded $33,180
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $844,395
-
7b · Less cost or other basis and sales expenses
securities $802,418
-
7c · Gain or loss
securities $41,977
-
7d · Net gain or loss
total $41,977 · excluded $41,977
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous Income
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $35,100 · program services $35,100
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $10,175 · management and general $10,175
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $6,303 · management and general $6,303
-
11g · Fees: other
total $18,385 · management and general $18,385
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,179 · management and general $1,179
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,266 · management and general $1,266
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $632 · management and general $632
-
24a · Other expenses: Clinic Expenses
total $56,010 · program services $56,010
-
24b · Other expenses: Equipment
total $885 · management and general $885
-
24c · Other expenses: Miscellaneous
total $15 · management and general $15
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $43,639 · end of year $39,620
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,398,589 · end of year $2,515,204
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $3,245 · end of year $3,245
-
27 · Net assets without donor restrictions
beginning of year $1,497,710 · end of year $2,238,297
-
28 · Net assets with donor restrictions
beginning of year $947,763 · end of year $319,772
Mission and programs · 2022
Mission
Provide funding for student scholarship sand speach pathology clinics.
Activities or mission (Part I)
To provide speech therapy to needy children in the state of Lousiana.
-
The Foundation supports 5 speech and hearing clinic sites located in Shreveport, Baton Rouge, Monroe, Lafayette and Hammond that provide speech therapy to as many as 50 children.
Expenses $56,010
-
Annually provides renewable scholarships to students with undergraduate degrees who are pursuing a masters degree in speech pathology and attending one of six specific state universities. Sponsor renewable scholarships for engineering students attending a Louisiana University with an accredited civil engineering program.
Expenses $35,100 · Grants $35,100
-
Provide disaster relief assistance in the state of Louisiana
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
S Bruce Easterly
President
- Total calculated
- $0
- Hours/week
- 1
-
William V King
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Jim Wingate
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
John Knox
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
E Louis McGee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard Smith
Ex-Officio
- Total calculated
- $0
- Hours/week
- 1
-
Gary Gribble
Executive Dir.
- Total calculated
- $0
- Hours/week
- 10
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.
-
ANCIENT AND ACCEPTED RITE OF SHREVEPORT
501(c)(3) · FUNDING SPEECH & HEARING CLINICS · LA
-
SUPREME COUNCIL OF SCOTTISH RITES
501(c)(10) · WORLDWIDE FRATERNAL ASSOCIATION · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303209349303240
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