SKAGIT VALLEY MASONIC BUILDING ASS… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

LEE SCHUIRMAN

Phone

2085900594

Tax Period

2024-01-01 to 2024-12-31

SKAGIT VALLEY MASONIC BUILDING ASSOCIATION, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $35K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $34K left a modest 4% surplus.

Mission

OWNS BUILDING THAT IS RENTED TO BURLINGTON MASONIC LODGE 93, UNITED CHURCH OF GOD, AND VARIOUS OTHER COMMUNITY ORGANIZATIONS. ALL ORGANIZATIONS ARE TAX EXEMPT.

Program Service Accomplishments

Program 1

Expenses: $33,545 Revenue: $35,070

RENTED BUILDING TO QUALIFYING TAX EXEMPT ORGANIZATIONS

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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 $9,770

Program Service Revenue $0

Investment Income $0

Other Revenue $25,300

TOTAL REVENUE $35,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,545

Other Expenses $33,545

TOTAL EXPENSES $33,545

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,070	$28,911	+0.2%
Expenses	$33,545	$31,101	+0.1%
Net Income	$1,525	$-2,190	-1.7%

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

N/A

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
LEE SCHUIRMAN	CHAIRMAN	0.00	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	$35,070	$33,545	$868,718	$1,525
2023	$28,911	$31,101	$725,926	$-2,190
2022	$26,600	$30,264	$724,912	$-3,664
2021	$33,120	$26,656	$727,002	$6,464
2020	$18,074	$18,478	$721,471	$-404

SKAGIT VALLEY MASONIC BUILDING ASSOCIATION