SCOTTISH RITE OF INDIANAPOLIS FOUNDATION INC

EIN: 310883859 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$2,612,710
Total Expenses
$3,210,433
Total Assets
$7,898,602
Net Assets
$7,845,803
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
IN
Principal Officer
RODNEY MANN
Phone
3172623100
Tax Period
2020-05-01 to 2021-04-30

SCOTTISH RITE OF INDIANAPOLIS FOUNDATION INC, founded in 1976, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2020. Revenue surged 655% from the prior year, signaling strong growth momentum. Expenses of $3.2M exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE FUNDS FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES BY FUNDING APPROPRIATE PROGRAMS SERVING THOSE PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $2,967,100

PROVIDING CHARITABLE CONTRIBUTIONS TO QUALIFYING COMMUNITY AND RELATED ORGANIZATIONS TO FURTHER THEIR CHARITABLE MISSIONS. PRIMARY BENEFICIARIES INCLUDE INDIANA UNIVERSITY MEDICAL FOUNDATION AND...

Read more

PROVIDING CHARITABLE CONTRIBUTIONS TO QUALIFYING COMMUNITY AND RELATED ORGANIZATIONS TO FURTHER THEIR CHARITABLE MISSIONS. PRIMARY BENEFICIARIES INCLUDE INDIANA UNIVERSITY MEDICAL FOUNDATION AND INDIANAPOLIS SCOTTISH RITE CATHEDRAL FOUNDATION.

Program 2
Expenses: $49,000

PROVIDE FUNDS FOR MANAGEMENT AND OPERATION OF A LEARNING CENTER TO TUTOR DYSLEXIC CHILDREN.

Program 3
Expenses: $14,000

PROVIDE COLLEGE SCHOLARSHIPS FOR MEMBERS AND THEIR FAMILIES ATTENDING QUALIFYING INSTITUTIONS. 14 SCHOLARSHIPS WERE GIVEN IN FISCAL YEAR 2021.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $7,340
Program Service Revenue $0
Investment Income $2,589,102
Other Revenue $16,268
TOTAL REVENUE $2,612,710

Expense Breakdown

Grants Paid $3,030,100
Salaries & Benefits $24,000
Fundraising Expenses $0
Program Expenses $3,030,100
Other Expenses $156,333
TOTAL EXPENSES $3,210,433

Year-over-Year Comparison

2020 2019 Change
Revenue $2,612,710 $345,925 +6.6%
Expenses $3,210,433 $636,857 +4.0%
Net Income $-597,723 $-290,932 +1.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
25

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
5
$113,815
Total Directors
6
$113,815
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY A MANN PRESIDENT 1.00
Officer Director
$0 $0 $113,815
NATHAN C BRINDLE CHAIRMAN 1.00
Officer Director
$0 $0 $0
GARY E BRINLEY VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DON R REYNOLDS TREASURER 1.00
Officer Director
$0 $0 $0
DAVID A CLAYTON SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT G SPEARS BOARD MEMBER 1.00
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
2021 $2,612,710 $3,210,433 $7,898,602 $-597,723
2020 $345,925 $636,857 $7,286,577 $-290,932
2019 $388,115 $441,901 $7,714,498 $-53,786
2018 $357,717 $397,794 $7,848,150 $-40,077
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SCOTTISH RITE OF INDIANAPOLIS FOUNDATION INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.