Boston, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DeMolay Foundation of Massachusetts, founded in 1966, is a small nonprofit in the Education sector that reported $181K in total revenue in fiscal year 2023. Revenue surged 132% from the prior year, signaling strong growth momentum. Expenses of $155K left a modest 14% surplus.
The DeMolay Foundation is organized for charitable, religious and educational purposes to assist in the guidance of young men ages 12-21 in physical, mental, and spiritual development through physical education, sportsmanship, fraternal fellowship, citizenship, public speaking and the arts. To instill a respect for parents, country, the schools, and fellow men and to develop a positive philosophy of life that will sustain them in the future.
Conclave (conference) An annual educational event promoting program planning, civic service, athletics, legislative initiative, rules of order, election of officers, educational workshops, and...
Conclave (conference) An annual educational event promoting program planning, civic service, athletics, legislative initiative, rules of order, election of officers, educational workshops, and fraternal growth. This event develops the upcoming years programs, plans, and schedules.
ISC Session and Congress This is a meeting of the members of DeMolay as well as adult and member leaders. Election of international youth and adult officers are held as well as various educational...
ISC Session and Congress This is a meeting of the members of DeMolay as well as adult and member leaders. Election of international youth and adult officers are held as well as various educational, legislative, and leadership sessions. Also, there is programmed time for the members to socialize with fellow members from around the world and enjoy some fun and activities.
Activities and Athletics Included are the fees for educational, social, and athletic activities which helps to defray the cost of sponsoring these events. These activities and athletic competitions...
Activities and Athletics Included are the fees for educational, social, and athletic activities which helps to defray the cost of sponsoring these events. These activities and athletic competitions are intended to assist in fulfilling the organizations mission as further described in our mission statement.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $180,511 | $77,903 | +1.3% |
| Expenses | $154,510 | $241,621 | -0.4% |
| Net Income | $26,001 | $-163,718 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Philip A Drouin | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Perkins | Vice Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Herbert I Lewis | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wayne M Vinton | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| John E Kelley Jr | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Matthew Gerrish | Exec. Officer/Ex-officio | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alfredo Canhoto | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Donald H LaLiberte | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| William H M Blake | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Peter Culbertson | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Geoffrey Kromer | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mason Russell | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| John F Sullivan | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| George F Hamilton | Trustee Ex officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Eugene B Nichols | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Ernest A Bean | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Manuel Ferreira IV | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Robert C Schremser | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Scott B Inglis | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Donald Moran | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Charlie Diminico | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Randy Wessels | Trustee Ex-officio | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $180,511 | $154,510 | $1,836,563 | $26,001 |
| 2022 | $77,903 | $241,621 | $1,442,988 | $-163,718 |
| 2021 | $272,780 | $126,799 | $2,171,177 | $145,981 |
| 2020 | $147,508 | $155,251 | $1,782,018 | $-7,743 |
| 2019 | $150,321 | $159,441 | $1,484,675 | $-9,120 |
| 2018 | $215,213 | $140,574 | $1,201,052 | $74,639 |
Compare DeMolay Foundation of Massachusetts with other nonprofits in Massachusetts and across the country.