RHODE ISLAND MASONIC YOUTH FOUNDATION INC (EIN 050302258) - 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

1956

Legal Domicile

Principal Officer

JAMES RAPSON

Phone

4017815879

Tax Period

2024-01-01 to 2024-12-31

RHODE ISLAND MASONIC YOUTH FOUNDATION INC, founded in 1956, is a small nonprofit in the Mutual Benefit sector that reported $269K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $384K exceeded revenue, resulting in a 42% operating deficit.

Mission

YOUTH RECREATIONYOUTH ACTIVITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $221,836

Program Service Revenue $12,513

Investment Income $35,052

Other Revenue $0

TOTAL REVENUE $269,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,510

Fundraising Expenses $0

Program Expenses $383,512

Other Expenses $196,002

TOTAL EXPENSES $383,512

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,401	$351,885	-0.2%
Expenses	$383,512	$335,414	+0.1%
Net Income	$-114,111	$16,471	-7.9%

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

N/A

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

$9,296

Total Directors

$39,304

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J KEMPF	GENERAL MANAGER	4.00	Director	$22,772	$0	$22,772
GREGORY R ENOS	ASSISTANT GENERAL MANAGER	4.00	Director	$16,532	$0	$16,532
MICHAEL K LAWSON	PRESIDENT	4.00	Officer	$0	$0	$0
DONALD L WILLIAMSON	VICE-PRESIDENT	4.00	Officer	$0	$0	$0
MICHAEL D PICARD	SECRETARY	4.00	Officer	$0	$0	$0
JAMES R RAPSON	TREASURER	4.00	Officer	$9,296	$0	$9,296

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	$269,401	$383,512	$2,010,896	$-114,111
2023	$351,885	$335,414	$2,023,294	$16,471
2022	$231,453	$324,434	$1,877,468	$-92,981
2021	$305,003	$230,986	$2,141,221	$74,017
2020	$584,166	$227,321	$1,922,455	$356,845

RHODE ISLAND MASONIC YOUTH FOUNDATION INC