SAHIB SHRINERS HOLDING CORPORATION

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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

1971

Legal Domicile

Principal Officer

MICHAEL R PENDER JR

Phone

9413664449

Tax Period

2023-01-01 to 2023-12-31

Mission

THIS CORPORATION EXISTS SOLELY AS A NONPROFIT CORPORATION HAVING NO PURPOSE OTHER THAN THAT OF ACQUIRING, OWNING, SELLING OR OTHERWISE DISPOSING OF, MORTGAGING REAL ESTATE, AND THE ERECTION, MAINTENANCE AND OPERATION OF BUILDINGS THEREON, FOR THE USE OF SAHIB SHRINERS, OF SARASOTA, FLORIDA AND ITS MEMBERS, SAID SAHIB SHRINERS BEING AN UNINCORPORATED SOCIETY, FRATERNAL AND CHARITABLE IN NATURE, EMBODYING THE CHARITABLE AND EDUCATIONAL PRINCIPLES OF THE ANCIENT ARABIC ORDER OF THE NOBLES OF THE MYSTIC SHRINE FOR NORTH AMERICA.

Program Service Accomplishments

Program 1

Expenses: $36,478

HOLDING OF REAL ESTATE FOR SAHIB SHRINERS OF SARASOTA, FL.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,478

Other Expenses $36,478

TOTAL EXPENSES $36,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$211,461	-1.0%
Expenses	$36,478	$38,553	-0.1%
Net Income	N/A	$172,908	N/A

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

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

Total Directors

$16,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL BEKKENHUIS	POTENTATE	3.00	Officer Director	$0	$0	$0
ALLEN SORBIE	ASSISTANT RABBAN	3.00	Officer Director	$0	$0	$0
KYLE CHELNOKOV	HIGH PRIEST AND PROPHET	3.00	Officer Director	$0	$0	$0
MICHAEL PENDER	TREASURER	5.00	Officer Director	$0	$0	$0
BILL BATTEN	RECORDER	25.00	Director	$0	$0	$16,000
FELDER T HOUSER III	ORIENTAL GUIDE	3.00	Director	$0	$0	$0
FRANK METHENY	CHIEF RABBAN	3.00	Officer 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	No data	$36,478	$360,990	No data
2022	$211,461	$38,553	$397,468	$172,908
2021	No data	$41,836	$224,560	No data
2020	No data	$46,123	$266,396	No data
2019	No data	$51,828	$312,519	No data
2018	$88,387	$55,924	$364,347	$32,463