KORA SHRINERS (EIN 010116390) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1894

Legal Domicile

Principal Officer

PAUL GARDNER

Phone

2077826831

Tax Period

2024-01-01 to 2024-12-31

KORA SHRINERS is a tax-exempt nonprofit with EIN 010116390, based in LEWISTON, ME. Founded in 1894, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $693,303 in total revenue and $453,743 in total expenses, with net assets of $2,479,275.

Mission

PHILANTHROPIC FRATERNITY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $136,383

Program Service Revenue $0

Investment Income $99,261

Other Revenue $457,659

TOTAL REVENUE $693,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,000

Fundraising Expenses $0

Other Expenses $441,743

TOTAL EXPENSES $453,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$693,303	$545,364	+0.3%
Expenses	$453,743	$430,185	+0.1%
Net Income	$239,560	$115,179	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KNOX	RECORDER	5.00	Officer	$6,000	$0	$6,000
BARRY GATES	TREASURER	5.00	Officer	$6,000	$0	$6,000
PAUL GARDNER	POTENATE	5.00	Officer	$0	$0	$0
BARRY IRISH	ORIENTIAL GUIDE	5.00	Officer	$0	$0	$0
MICHAEL ZUBIATE	CHIEF RABBAN	5.00	Officer	$0	$0	$0
MICHAEL ROBITAILLE	ASST CHIEF RABBAN	5.00	Officer	$0	$0	$0
FRANK WELCH JR	HIGH PRIEST & PROPHET	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$693,303	$453,743	$2,601,637	$239,560
2023	$545,364	$430,185	$2,254,677	$115,179
2022	$439,645	$426,864	$2,029,987	$12,781
2021	$823,028	$396,935	$2,195,154	$426,093
2020	$276,150	$314,926	$1,922,779	$-38,776
2019	$623,870	$483,563	$1,771,560	$140,307
2018	$523,818	$405,615	$1,700,356	$118,203

KORA SHRINERS