THE MASONIC CHARITABLE FOUNDATION OF THE GRAND LODGE OF MAINE

EIN: 223211042 501(c)(3) Philanthropy & Grantmaking

HOLDEN, ME

Total Revenue
$4,762,320
Total Expenses
$1,602,766
Total Assets
$36,844,050
Net Assets
$34,906,191
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
ME
Principal Officer
JAMES WITHAM
Phone
2078431086
Tax Period
2024-04-01 to 2025-03-31

THE MASONIC CHARITABLE FOUNDATION OF THE GRAND LODGE OF MAINE, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 66% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED FOR CHARITABLE, EDUCATIONAL AND OTHER SPECIFIC PURPOSES IN ACCORDANCE WITH MASONIC PRINCIPLES AND PRACTICES.

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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 $578,153
Program Service Revenue $0
Investment Income $4,167,617
Other Revenue $16,550
TOTAL REVENUE $4,762,320

Expense Breakdown

Grants Paid $1,208,374
Salaries & Benefits $220,110
Fundraising Expenses $148,113
Program Expenses $1,281,845
Other Expenses $174,282
TOTAL EXPENSES $1,602,766

Year-over-Year Comparison

2024 2023 Change
Revenue $4,762,320 $2,827,610 +0.7%
Expenses $1,602,766 $1,397,085 +0.1%
Net Income $3,159,554 $1,430,525 +1.2%
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
11
Independent Members
10
Employees
1
Volunteers
11

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
5
$164,190
Total Directors
11
$20,625
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL E BARTLETT SECRETARY 10.00
Officer Director
$20,625 $0 $20,625
DONALD PRATT CHAIR & PRESIDENT 1.00
Officer Director
$0 $0 $0
JEFFREY SIMONTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JEREMY EDWARDS TRUSTEE 1.00
Director
$0 $0 $0
AUDIE GOULD TRUSTEE 1.00
Director
$0 $0 $0
DERIK SMITH TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN ST GERMAIN TRUSTEE 1.00
Director
$0 $0 $0
FRANK THERIAULT JR TRUSTEE 1.00
Director
$0 $0 $0
CLAIRE TUSCH TRUSTEE 1.00
Director
$0 $0 $0
DAVID WALKER TRUSTEE 1.00
Director
$0 $0 $0
BENJAMIN WEISNER TRUSTEE 1.00
Director
$0 $0 $0
JAMES WITHAM TREASURER 10.00
Officer
$26,435 $0 $26,435
SUSAN SCACCHI EXECUTIVE DIRECTOR 40.00
Officer
$117,130 $0 $117,130
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 $4,762,320 $1,602,766 $36,844,050 $3,159,554
2024 $2,827,610 $1,397,085 $37,277,923 $1,430,525
2023 $464,622 $1,635,959 $31,166,720 $-1,171,337
2022 $2,059,993 $1,416,013 $35,415,349 $643,980
2021 $3,136,496 $1,131,861 $33,499,668 $2,004,635
2020 $3,271,684 $974,641 $23,589,556 $2,297,043
2019 $3,447,347 $798,243 $25,600,216 $2,649,104
2018 $1,548,563 $710,569 $24,590,245 $837,994
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