Overview
What is Scottish Rite Educational Association Of Texas?
The Scottish Rite Educational Association of Texas is a nonprofit organization situated in Austin, Texas, specifically at 210 West 27th Street. Their primary mission is to foster the spiritual, mental, and physical growth of female students with Masonic affiliation or sponsorship, who reside in central Texas. They operate under the name "Scottish Rite Dormitory" and have a workforce of 43 individuals. The association provides accommodations for these female students, thereby playing an essential role in their overall development.
Official website here: www.srd.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Scottish Rite Educational Association Of Texas has earned an 88% score, reflecting strong accountability and finance practices. The organization's rating is significantly based on its excellent scores in various areas, including 100% independent board members and a solid program expense ratio of 92.13%, indicating effective use of funds toward its mission.
While the organization demonstrates a robust financial structure with no material diversion of assets, it does have some limitations. Notably, the absence of a whistleblower policy and a document retention policy may raise concerns about internal governance practices. Additionally, the organization’s tax form is not consistently posted on its website, which could impact transparency.
Overall, the Scottish Rite Educational Association Of Texas is well-regarded for its financial management and governance, but addressing the noted policy gaps could further enhance its accountability and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Scottish Rite Educational Association Of Texas legitimate?
Scottish Rite Educational Association Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottish Rite Educational Association Of Texas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $144,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,622,293
For more financial information, click here
Official website here: www.srd.org
What is the mission statement of Scottish Rite Educational Association Of Texas?
The Scottish Rite Educational Association of Texas is committed to fostering the spiritual, mental, and physical growth of the female residents residing in its dormitory. Their mission is centered around promoting the holistic development of these young women, providing them with a conducive environment for personal growth. The dormitory, which is a part of the association, offers accommodations for female students in Central Texas who hold Masonic affiliation or sponsorship. The association strives to create an atmosphere that encourages personal development in all aspects, ensuring that the residents thrive during their stay.
Official website here: www.srd.org
Who is the CEO of Scottish Rite Educational Association Of Texas?
Pete Laney is the Executive Comm. Chairman of Scottish Rite Educational Association Of Texas.
Official website here: www.srd.org
What is the revenue of Scottish Rite Educational Association Of Texas?
Scottish Rite Educational Association Of Texas's revenue in 2022 was $5,200,101.
Official website here: www.srd.org
Who are the executives of Scottish Rite Educational Association Of Texas and what are their salaries?
The average compensation at Scottish Rite Educational Association Of Texas during 2022 was $41,082. There are 43 employees at Scottish Rite Educational Association Of Texas.
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- Compensation: $144,218
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- Other: $6,700
Official website here: www.srd.org
Where can I find the form 990 for Scottish Rite Educational Association Of Texas?
Scottish Rite Educational Association Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.srd.org
Learn more at the official website: www.srd.org
Mission Statement of Scottish Rite Educational Association Of Texas
The Scottish Rite Educational Association of Texas, as an organization, is committed to fostering the spiritual, mental, and physical growth of its female residents residing in a dormitory. This mission is carried out with the aim of promoting the overall development of these young women, who hail from Central Texas and have a Masonic affiliation or sponsorship. The dormitory serves as a home for these female students, offering them a conducive environment for their academic and personal growth.
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Impact
July, 2024
The impact of the Scottish Rite Educational Association Of Texas is focused on promoting the spiritual, mental, and physical development of female residents in their dormitory in Austin, Texas. By providing accommodations for female students with Masonic affiliation or sponsorship, the association plays a significant role in supporting the educational journey of these individuals. Through their mission to foster overall growth and well-being, the association contributes to creating a supportive and enriching environment for these residents to thrive.
This information is meant to be a general summary of Scottish Rite Educational Association Of Texas. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $474,253
- Program Service Revenue: $4,675,704
- Gross Receipts: $7,653,021
Assets and Liabilities:
- Total Assets: $15,247,612
- Total Liabilities: $4,844,333
- Net Assets: $10,403,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM, BOARD, PARKING
Revenue
$4,666,384
CONCESSIONS
Revenue
$9,320
Organization Details
Founding Year
1922
Phone
(512) 476-9131Principal Officer
Pete Laney
Main Address
210 WEST 27TH STREET, AUSTIN, TX, 78705
Website
www.srd.orgNTEE Category
Code: Y40Z - Mutual benefit
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