BANGOR MASONIC FOUNDATION (EIN 205384293) - 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

1997

Legal Domicile

Principal Officer

BARBARA MCDADE

Phone

2079743090

Tax Period

2024-01-01 to 2024-12-31

BANGOR MASONIC FOUNDATION, founded in 1997, is a small nonprofit in the Human Services sector that reported $171K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Net assets of $1.9M represent 132 months of operating reserves.

Mission

THE ERECTION, OPERATION, AND MAINTENANCE OF A LEARNING CENTER, MUSEUM, LIBRARY, AND RELATED FACILITY IN BANGOR, MAINE.

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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 $23,976

Program Service Revenue $94,432

Investment Income $52,603

Other Revenue $0

TOTAL REVENUE $171,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $859

Program Expenses $154,453

Other Expenses $170,025

TOTAL EXPENSES $170,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,011	$369,042	-0.5%
Expenses	$170,025	$174,303	0.0%
Net Income	$986	$194,739	-1.0%

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

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
TODD BEAULIEU	DIRECTOR	4.00	Director	$0	$0	$0
RICHARD DAVIS	DIRECTOR	6.00	Director	$0	$0	$0
RONALD FORREST	DIRECTOR	1.00	Director	$0	$0	$0
ROLAND GENDREAU	TREASURER	4.00	Officer Director	$0	$0	$0
AUDIE GOULD	DIRECTOR/BLD	15.00	Director	$0	$0	$0
ALFRED HASKELL	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
MAURICE MARSHALL	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MCDADE	PRESIDENT	3.00	Officer Director	$0	$0	$0
MICHAEL J QUINLAN	CLERK	1.00	Officer Director	$0	$0	$0
CHRISTOPHER ROBISON	SECRETARY	4.00	Officer Director	$0	$0	$0
JAY SUTTER	DIRECTOR	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
2024	$171,011	$170,025	$1,878,101	$986
2023	$369,042	$174,303	$1,805,773	$194,739
2022	$137,667	$170,379	$1,676,038	$-32,712
2021	$165,647	$131,489	$1,773,875	$34,158
2020	$103,996	$146,998	$1,618,527	$-43,002
2019	$124,187	$182,905	$1,644,770	$-58,718
2018	$132,823	$177,188	$1,584,993	$-44,365

BANGOR MASONIC FOUNDATION