Spokane Masonic Temple Foundation c/o Merle Iverson (EIN 237429971) - 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

1973

Legal Domicile

Principal Officer

Dale Hearn

Phone

5099795173

Tax Period

2023-01-01 to 2023-12-31

Spokane Masonic Temple Foundation c/o Merle Iverson, founded in 1973, is a small nonprofit in the Unknown sector that reported $117K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 34% operating deficit.

Mission

To support the Masonic Temple Association of Spokane WA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $20

Program Service Revenue $0

Investment Income $116,636

Other Revenue $0

TOTAL REVENUE $116,656

Expense Breakdown

Grants Paid $133,681

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,681

Other Expenses $22,995

TOTAL EXPENSES $156,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,656	$174,764	-0.3%
Expenses	$156,676	$181,605	-0.1%
Net Income	$-40,020	$-6,841	+4.9%

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
Matt Daley	Director	1.00	Director	$0	$0	$0
Ken Massender	Director	1.00	Director	$0	$0	$0
Jerry Schieche	Director	1.00	Director	$0	$0	$0
Dale Hearn	President	1.00	Officer	$0	$0	$0
Mike Boggs	Vice President	1.00	Officer	$0	$0	$0
Anthony Dutton	Secretary	1.00	Officer	$0	$0	$0
Merle Iverson	Treasurer	5.00	Officer	$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	No data	No data	No data	No data
2023	$116,656	$156,676	$2,644,650	$-40,020
2022	$174,764	$181,605	$2,684,670	$-6,841
2021	$145,001	$166,844	$2,691,511	$-21,843
2020	$115,479	$158,319	$2,714,607	$-42,840
2019	$91,352	$140,169	$2,757,447	$-48,817
2018	$140,482	$153,921	$2,806,264	$-13,439

Spokane Masonic Temple Foundation c/o Merle Iverson