ANCIENT ACCEPTED SCOTTISH RITE OF FREEMASONRY NMJ

EIN: 230971979

PHILADELPHIA, PA

Total Revenue
$403,774
Total Expenses
$223,964
Total Assets
$7,773,710
Net Assets
$7,760,836
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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
1857
Legal Domicile
PA
Principal Officer
SCOTT R HILSEE
Phone
2155631814
Tax Period
2024-08-01 to 2025-07-31

ANCIENT ACCEPTED SCOTTISH RITE OF FREEMASONRY NMJ, founded in 1857, is a small nonprofit that reported $404K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $180K, a strong 45% operating margin.

Mission

STRENGHTEN THE MASONIC WAY OF LIFE BY IMPROVING THE INDIVIDUAL CHARACTER, LEADERSHIP STRENGHTEN THE MASONIC WAY OF LIFE BY IMPROVING THE INDIVIDUAL CHARACTER, LEADERSHIP OF FREEMASONRY;PROMOTE FAMILY & COMMUNITY VALUES; SERVE MANKIND WITH CHARITABLE OUTREACH.

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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 $3,206
Program Service Revenue $88,281
Investment Income $312,287
Other Revenue $0
TOTAL REVENUE $403,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,171
Fundraising Expenses $0
Other Expenses $199,793
TOTAL EXPENSES $223,964

Year-over-Year Comparison

2024 2023 Change
Revenue $403,774 $335,631 +0.2%
Expenses $223,964 $224,597 0.0%
Net Income $179,810 $111,034 +0.6%
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

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Governance

Voting Members
13
Independent Members
12
Employees
2
Volunteers
1

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
7
$22,000
Total Directors
13
$22,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT R HILSEE MEMBER AT LARGE 4.00
Director
$0 $0 $0
JOSEPH W CALABRESE SECRETARY 20.00
Officer Director
$22,000 $0 $22,000
JON S SOLHEIM COMMANDER-IN-CHIEF 20.00
Officer Director
$0 $0 $0
FRANK WECKENMAN TREASURER 6.00
Officer Director
$0 $0 $0
MICHAEL D MCKEE FINANCE CHAIRMAN 4.00
Officer Director
$0 $0 $0
RICHARD A HALL TRICR POTENT MASTER 2.00
Officer Director
$0 $0 $0
JOHN D MOSCO SOVEREIGN PRINCE 2.00
Officer Director
$0 $0 $0
JOSHUA J NAY MOST WISE MASTER 2.00
Officer Director
$0 $0 $0
AUTHUR D BECKER MEMBER AT LARGE 2.00
Director
$0 $0 $0
ROBERT J BURNS MEMBER AT LARGE 2.00
Director
$0 $0 $0
KENNETH B SHINN MEMBER AT LARGE 2.00
Director
$0 $0 $0
RICARDO VERA MEMBER AT LARGE 2.00
Director
$0 $0 $0
MARK O'FEE MEMBER AT LARGE 2.00
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
2025 $403,774 $223,964 $7,773,710 $179,810
2024 $335,631 $224,597 $7,299,803 $111,034
2023 $709,675 $127,667 $6,672,176 $582,008
2022 $547,408 $217,978 $6,391,390 $329,430
2021 $517,355 $177,179 $6,915,043 $340,176
2020 $315,190 $272,346 $5,571,200 $42,844
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