MASON G SMOAK FOUNDATION INC

EIN: 264287497 501(c)(3) Human Services

LAKE PLACID, FL

Total Revenue
$119,909
Total Expenses
$116,673
Total Assets
$693,636
Net Assets
$692,615
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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
2009
Legal Domicile
FL
Principal Officer
PAUL KOUKOS
Phone
8634175414
Tax Period
2023-01-01 to 2023-12-31

MASON G SMOAK FOUNDATION INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $120K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $693K represent 69 months of operating reserves.

Mission

A FAITH BASED ORGANIZATION WITH THE PURPOSE OF MAKING A POSITIVE DIFFERENCE IN THE LIVES OF CHILDREN, YOUTH, AND FAMILIES; PROMOTING VOLUNTEERING; SUPPORTING CONSERVATION INITIATIVES AND PROTECTING THE ENVIRONMENT; CARING FOR UNDERPRIVILEGED CHILDREN; PROVIDING EDUCATION OPPORTUNITIES TO DESERVING INDIVIDUALS INCLUDING BUT NOT LIMITED TO PROVIDING OPPORTUNITIES FOR LEADERSHIP AND LEADERSHIP TRAINING; ASSISTING INDIVIDUALS IN NEED AND IN EMERGENCY SITUATIONS IN THE HEARTLAND AND RIDGE AREAS OF CENTRAL FLORIDA AND THROUGHOUT THE STATE OF FLORIDA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $111,196
Program Service Revenue $0
Investment Income $9,382
Other Revenue $-669
TOTAL REVENUE $119,909

Expense Breakdown

Grants Paid $33,180
Salaries & Benefits $49,519
Fundraising Expenses $3,040
Program Expenses $98,524
Other Expenses $33,974
TOTAL EXPENSES $116,673

Year-over-Year Comparison

2023 2022 Change
Revenue $119,909 $156,087 -0.2%
Expenses $116,673 $117,326 0.0%
Net Income $3,236 $38,761 -0.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
72

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SUMMERS PRESIDENT 3.00
Officer Director
$0 $0 $0
PAUL KOUKOS VICE PRES/TR 3.00
Officer Director
$0 $0 $0
SALLY DURBAN SECRETARY 2.00
Officer Director
$0 $0 $0
TRACEE SMOAK DIRECTOR 2.00
Director
$0 $0 $0
MARK WHEELER DIRECTOR 1.00
Director
$0 $0 $0
RANDY GILDE DIRECTOR 1.50
Director
$0 $0 $0
LAURIE HOWERTON DIRECTOR 2.00
Director
$0 $0 $0
W KYLE THOMPSON DIRECTOR 1.50
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 No data No data No data No data
2023 $119,909 $116,673 $693,636 $3,236
2022 $156,087 $117,326 $690,384 $38,761
2021 $171,189 $116,236 $652,051 $54,953
2020 $134,900 $114,966 $598,135 $19,934
2019 $122,273 $109,174 $576,783 $13,099
2018 $115,487 $110,012 $563,885 $5,475
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