Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $14,975

• 1d · Related organizations

  $25,000

• 1f · All other contributions, gifts and grants

  $30,400

• 3 · Investment income

  total $65,108 · excluded $65,108

• 7a · Gross sales of assets other than inventory

  securities $329,200

• 7b · Less cost or other basis and sales expenses

  securities $399,145

• 7c · Gain or loss

  securities -$69,945

• 7d · Net gain or loss

  total -$69,945 · excluded -$69,945

• 8a · Fundraising events: gross income

  $9,264

• 8a · Fundraising events: contributions included on line 1c

  $14,975

• 8b · Fundraising events: direct expenses

  $19,384

• 8c · Net income from fundraising events

  total -$10,120 · excluded -$10,120

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $79,025 · program services $79,025

• 11f · Fees: investment management

  total $3,146 · management and general $3,146

• 24a · Other expenses: TRAINING PROGRAMS

  total $15,434 · program services $15,434

• 24b · Other expenses: MISCELLANOUS EXPENSES

  total $1,721 · management and general $1,721

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $27,267

• 2 · Savings and temporary cash investments

  beginning of year $127,956 · end of year $128,205

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0

• 11 · Investments: publicly traded securities

  beginning of year $2,575,648 · end of year $2,833,034

• 17 · Accounts payable and accrued expenses

  beginning of year $6,672 · end of year $1,186

• 25 · Other liabilities

  beginning of year $38,965 · end of year $41,890

• 27 · Net assets without donor restrictions

  beginning of year $870,207 · end of year $957,541

• 28 · Net assets with donor restrictions

  beginning of year $1,787,760 · end of year $1,987,889

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD OF MANAGERS OF THE GRAND LODGE OF ANCIENT FREE AND ACCEPTED MASONS OF MARYLAND, A RELATED PARTY, DETERMINES THE COMPENSATION OF THIS ENTITY'S EMPLOYEES BASED ON DUTIES PERFORMED AND HOURS WORKED.