THE MASONIC CENTER FOUNDATION OF READING (EIN 231518895) - 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

1957

Legal Domicile

Principal Officer

WALTER HOTZMAN

Phone

6103723660

Tax Period

2024-01-01 to 2024-12-31

THE MASONIC CENTER FOUNDATION OF READING, founded in 1957, is a small nonprofit that reported $946K in total revenue in fiscal year 2024. Revenue surged 208% from the prior year, signaling strong growth momentum.

Mission

TO MAINTAIN THE MASONIC CENTER FOR USE BY SEVERAL MASONIC BODIES IN THE READING, PA AREA.

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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 $536

Program Service Revenue $55,220

Investment Income $129

Other Revenue $889,893

TOTAL REVENUE $945,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,741

Fundraising Expenses $0

Program Expenses $943,243

Other Expenses $898,027

TOTAL EXPENSES $980,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$945,778	$307,453	+2.1%
Expenses	$980,768	$253,388	+2.9%
Net Income	$-34,990	$54,065	-1.6%

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

Governance

Voting Members

Independent Members

Employees

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
MATTHEW J MERCADANTE	PRESIDENT	6.00	Officer Director	$0	$0	$0
GIUSEPPE A SOHN	VICE PRESIDENT	6.00	Officer Director	$0	$0	$0
SAMUEL G KALBACH	SECRETARY	6.00	Officer Director	$0	$0	$0
WALTER G HOTZMAN	TREASURER	6.00	Officer Director	$0	$0	$0
JEREMY C SMITH	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM B MILLER	DIRECTOR	2.00	Director	$0	$0	$0
RAY GOTTSCHALL	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY C RHEIN	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES MILLER III	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW E WEIDNER	DIRECTOR	2.00	Director	$0	$0	$0
OLIN R MARTH II	DIRECTOR	2.00	Director	$0	$0	$0
HENRY PERCH	DIRECTOR	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
2024	$945,778	$980,768	$732,602	$-34,990
2023	$307,453	$253,388	$767,592	$54,065
2022	$276,926	$390,073	$714,196	$-113,147
2021	$272,046	$281,390	$828,999	$-9,344
2020	$1,291,542	$1,782,794	$838,323	$-491,252
2019	$372,318	$280,868	$1,329,136	$91,450
2018	$480,383	$290,689	$1,237,600	$189,694

THE MASONIC CENTER FOUNDATION OF READING