DeMolay Foundation of Massachusetts (EIN 042325981) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

Matthew Gerrish

Phone

6174266040

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

Educational - during 2023 the organization provided scholarship assistance and administration, coordination, materials and instructions for the various meetings and activities for which almost 400 young men (ages 12-21) are members. These activities include

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,661

Program Service Revenue $25,690

Investment Income $40,140

Other Revenue $-2,980

TOTAL REVENUE $180,511

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $12,491

Fundraising Expenses $2,403

Program Expenses $130,761

Other Expenses $135,019

TOTAL EXPENSES $154,510

Year-over-Year Comparison

	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%

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

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

Total Directors

Key Employees

Highest Compensated

reported

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

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	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

DeMolay Foundation of Massachusetts