MEMORIAL MASONIC TEMPLE CORPORATION (EIN 161503421) - 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

1994

Legal Domicile

Principal Officer

KARL PARKER

Phone

3154741708

Tax Period

2024-01-01 to 2024-12-31

MEMORIAL MASONIC TEMPLE CORPORATION, founded in 1994, is a micro nonprofit that reported $83K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $101K exceeded revenue, resulting in a 21% operating deficit.

Mission

ORGANIZED TO CONSTRUCT, OPERAT & MANAGE A BUILDING FOR THE BENEFIT OF ITS EXEMPT OWNERS. THE ENTITY COLLECTS RENT FROM ITS TAX EXEMPT OWNERS AND PAY THE OPERATING EXPENSES FOR THE BUILDING.

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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 $2,025

Program Service Revenue $58,695

Investment Income $22,471

Other Revenue $0

TOTAL REVENUE $83,191

Expense Breakdown

Grants Paid $1,860

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $98,764

TOTAL EXPENSES $100,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,191	$64,146	+0.3%
Expenses	$100,624	$94,450	+0.1%
Net Income	$-17,433	$-30,304	-0.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN STERLING	PRESIDENT	5.00	Director	$0	$0	$0
JOHN PIERCE	VICE PRESIDENT	5.00	Director	$0	$0	$0
MICHAEL BROOKER	SECRETARY	5.00	Director	$0	$0	$0
KARL PARKER	TREASURER	5.00	Director	$0	$0	$0
BILL FERGERSON	TRUSTEE	5.00	Director	$0	$0	$0
DANIEL CAMPIS	TRUSTEE	5.00	Director	$0	$0	$0
CARL FAHRENKRUG JR	TRUSTEE	5.00	Director	$0	$0	$0
DANIEL DESTEFANO	TRUSTEE	5.00	Director	$0	$0	$0
TOM DUSKEE	TRUSTEE	5.00	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	$83,191	$100,624	$629,611	$-17,433
2023	$64,146	$94,450	$637,845	$-30,304
2022	$72,778	$91,377	$649,308	$-18,599
2021	$72,100	$99,608	$717,596	$-27,508
2020	$66,592	$80,025	$745,986	$-13,433
2019	$57,235	$85,834	$737,975	$-28,599
2018	$74,102	$92,683	$733,708	$-18,581

MEMORIAL MASONIC TEMPLE CORPORATION