SUPREME COUNCIL EDUCATION & CHARITY

EIN: 046116087 501(c)(3) Education

LEXINGTON, MA

Total Revenue
$437,237
Total Expenses
$543,265
Total Assets
$10,223,995
Net Assets
$10,223,995
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
MA
Principal Officer
WHEELER WALTER F
Phone
7814653300
Tax Period
2024-08-01 to 2025-07-31

SUPREME COUNCIL EDUCATION & CHARITY, founded in 1954, is a small nonprofit in the Education sector that reported $437K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $543K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE SCHOLARSHIP GRANTS TO THE CHILDREN AND GRANDCHILDREN OF MEMBERS OF THE SCOTTISH RITE. TO DONATE FUNDS TO THE CHILDRENS DYSLEXIA CENTERS, INC. WHICH PROVIDES FREE EVALUATION AND TREATMENT OF CHILDREN WITH DYSLEXIA.

Program Service Accomplishments

Program 1
Expenses: $520,370

412 EDUCATIONAL SCHOLARSHIPS TOTALING 449,199 - WERE AWARDED, TO DESERVING STUDENTS SEEKING HIGHER EDUCATION,BASED ON MERIT AND NEED, 60,000 IN EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO DESERVING...

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412 EDUCATIONAL SCHOLARSHIPS TOTALING 449,199 - WERE AWARDED, TO DESERVING STUDENTS SEEKING HIGHER EDUCATION,BASED ON MERIT AND NEED, 60,000 IN EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO DESERVING STUDENTS SEEKING HIGHER EDUCATION, BASED ON MERIT AND NEED BY THE PORTLAND AND BANGOR, ME CHILDRENS DYSLEXIA CENTERS LOCATIONS, EQUALLY. TUITION REIMBURSEMENT GRANTS WERE AWARDED TO 2 RECIPIENTS TOTALING 11,171 .

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,244
Program Service Revenue $0
Investment Income $337,993
Other Revenue $0
TOTAL REVENUE $437,237

Expense Breakdown

Grants Paid $520,370
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $520,370
Other Expenses $22,895
TOTAL EXPENSES $543,265

Year-over-Year Comparison

2024 2023 Change
Revenue $437,237 $274,597 +0.6%
Expenses $543,265 $564,167 0.0%
Net Income $-106,028 $-289,570 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
54
Independent Members
48
Employees
N/A
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
4
$362,846
Total Directors
54
$1,190,802
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WHEELER WALTER F TRUSTEE/PRES 1.00
Officer Director
$0 $47,119 $362,846
HECHT KEVIN TRUSTEE/DEPU 1.00
Director
$0 $43,964 $189,846
ELLIOT RICHARD W TRUSTEE/ML E 1.00
Director
$0 $46,619 $188,228
MCNAUGHTON JOHN BRIAN TRUSTEE/ML B 1.00
Director
$0 $53,684 $182,847
ROUP PAUL J TRUSTEE 1.00
Director
$0 $19,256 $157,849
HEATH ALAN R TRUSTEE 1.00
Director
$0 $36,130 $109,186
DEWOLF MICHAEL A TRUSTEE 1.00
Director
$0 $0 $0
HAINES MARK A TRUSTEE/ML B 1.00
Director
$0 $0 $0
HAISCH HENRY A TRUSTEE/CDC 1.00
Director
$0 $0 $0
KENNEDY CRAIG A TRUSTEE 1.00
Director
$0 $0 $0
HUMPHREY L ARBY TRUSTEE/ GMS 1.00
Director
$0 $0 $0
ST PIERRE PAUL C TRUSTEE/DEPU 1.00
Director
$0 $0 $0
INGLIS SCOTT D TR/CDC BOARD 1.00
Director
$0 $0 $0
TONDA RICHARD D TRUSTEE 1.00
Director
$0 $0 $0
BARNES DAVID TRUSTEE/ML&C 1.00
Director
$0 $0 $0
HAYRYNEN JACOB E TRUSTEE 1.00
Director
$0 $0 $0
PARKINSON KEITH E TRUSTEE/DPTY 1.00
Director
$0 $0 $0
BREWER ELDRIDGE TRUSTEE 1.00
Director
$0 $0 $0
EASTERLING JAMES F TRUSTEE/ML B 1.00
Director
$0 $0 $0
HAMILTON GEORGE F TRUSTEE/ML B 1.00
Director
$0 $0 $0
POYTON KENNETH F TRUSTEE 1.00
Director
$0 $0 $0
DUQUETTE DONALD G TRUSTEE 1.00
Director
$0 $0 $0
JORDAN GREGORY TRUSTEE/ML S 1.00
Director
$0 $0 $0
STEIN HENRY TRUSTEE 1.00
Director
$0 $0 $0
KARSTENS WILLIAM IV TR/ML BOARD/ 1.00
Director
$0 $0 $0
MCCARTHY STEPHEN J TRUSTEE 1.00
Director
$0 $0 $0
POWELL RICHARD J TRUSTEE/ML B 1.00
Director
$0 $0 $0
SAMIEC PETER J TRUSTEE/PAST 1.00
Director
$0 $0 $0
ROSS A JAMES TRUSTEE/ML B 1.00
Director
$0 $0 $0
BRYDEN JEFFREY TRUSTEE/DEPU 1.00
Director
$0 $0 $0
SIMONTON JEFFRY TRUSTEE/DEPU 1.00
Director
$0 $0 $0
CLAY KENNETH A JR TRUSTEE/DEPU 1.00
Director
$0 $0 $0
ELLIOT PHILIP R JR TRUSTEE 1.00
Director
$0 $0 $0
PATTERSON JOHN R JR TRUSTEE 1.00
Director
$0 $0 $0
CLARK GREGORY L TRUSTEE/DPTY 1.00
Director
$0 $0 $0
SWALM RICKY L TRUSTEE/DEP 1.00
Director
$0 $0 $0
MORAN DONALD M TRUSTEE 1.00
Director
$0 $0 $0
MORRIS G MICHAEL TRUSTEE/DEP 1.00
Officer Director
$0 $0 $0
GRAFF GARY N TRUSTEE/CDC 1.00
Director
$0 $0 $0
KAYLOR DOUGLAS N TRUSTEE 1.00
Director
$0 $0 $0
CRACCO ANTHONY R TRUSTEE 1.00
Director
$0 $0 $0
LABAGH THOMAS R TRUSTEE/ML B 1.00
Director
$0 $0 $0
POLICASTRO DOUGLAS R TR/DEP NJ/GS 1.00
Officer Director
$0 $0 $0
MARSHBANKS TIMOTHEY S TRUSTEE/DPTY 1.00
Director
$0 $0 $0
PITTMAN ERIC S TRUSTEE 1.00
Director
$0 $0 $0
PLASKET LARRY S TRUSTEE/CDC 1.00
Director
$0 $0 $0
VANGORDEN ROGER S TRUSTEE 1.00
Director
$0 $0 $0
GARDNER STEPHEN TRUSTEE 1.00
Director
$0 $0 $0
SMITH STEVEN TR/GLC/CDC B 1.00
Officer Director
$0 $0 $0
STEFANAKOS STEVEN TRUSTEE/ML & 1.00
Director
$0 $0 $0
MCINTOSH MICHAEL T TRUSTEE 1.00
Director
$0 $0 $0
WORK BRUCE T TRUSTEE 1.00
Director
$0 $0 $0
MCNAUGHTON JOHN WM TRUSTEE/PAST 1.00
Director
$0 $0 $0
HELDMAN DONALD R TR/DPTY OH/C 1.00
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
2025 $437,237 $543,265 $10,223,995 $-106,028
2024 $274,597 $564,167 $9,756,240 $-289,570
2023 $-401,468 $521,927 $9,224,263 $-923,395
2022 $235,150 $565,746 $9,226,687 $-330,596
2021 $1,323,525 $811,077 $10,977,376 $512,448
2020 $440,007 $366,613 $9,452,675 $73,394
2019 $638,741 $565,871 $9,617,363 $72,870
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