Ancient Accepted Scottish Rite Freemasonry Nmj
Nonprofit profile at a glance
- EIN
- 237615742
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Schenectady, NY, USA
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $236,339
- Expenses
- $112,350
- Assets
- $2,506,141
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- TED VOLKERT (COMMANDER IN CHIEF)
- JORDAN E JAQUAY (VALLEY TRUSTEE)
- RAYMOND KAPPAS (SOVERIGN PRINCE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Domestic fraternal organization strengthen the masonic way of life by improving the character, leadership and spirit of its members through relevant programs. Inspire men to support the principles of freemasonry and promote family and community values. Serve mankind through the impact of extensive charitable outreach.
What it reported doing in 2024
Support childrens learning center
Operating model
- Revenue model
- Investment-supported. 84% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 90
- Accountability: 30
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.7%; rating input score 40
- Program expense ratio: 54.9%; rating input score 55
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 52.5%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 22.31; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 23.2% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 39.7% of revenue deployed · 54.9% of spending went to programs
- Governance: 0 of 12 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.