SHRINERS INTERNATIONAL DBA AL KORAN SHRINERS (EIN 340061007) - 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

1960

Principal Officer

JAY FLACK

Phone

4405469866

Tax Period

2023-01-01 to 2023-12-31

SHRINERS INTERNATIONAL DBA AL KORAN SHRINERS, founded in 1960, is a small nonprofit that reported $216K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $261K exceeded revenue, resulting in a 21% operating deficit.

Mission

FRATERNITY WITH A PHILANTHROPIC MISSION

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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 $167,639

Program Service Revenue $18,230

Investment Income $29,640

Other Revenue $0

TOTAL REVENUE $215,509

Expense Breakdown

Grants Paid $38,194

Salaries & Benefits $55,372

Fundraising Expenses $0

Other Expenses $167,913

TOTAL EXPENSES $261,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,509	$444,168	-0.5%
Expenses	$261,479	$424,071	-0.4%
Net Income	$-45,970	$20,097	-3.3%

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
JAMES BARONE	HIGH PREIST/	1.00	Officer Director	$0	$0	$0
JAY FLACK	TREASURER	20.00	Officer Director	$0	$0	$0
BRANDON GOULD	ASST. RABBAN	1.00	Officer Director	$0	$0	$0
MICHAEL KRAKE JR	ORIENTAL GUI	1.00	Officer Director	$0	$0	$0
TOM KLECAN	RECORDER	10.00	Officer Director	$0	$0	$0
BRU LEWIS	POTENTATE	5.00	Officer Director	$0	$0	$0
MICHAEL SPISAK	CHIEF RABBAN	1.00	Officer 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
2023	$215,509	$261,479	$2,996,692	$-45,970
2022	$444,168	$424,071	$2,769,158	$20,097
2021	$673,734	$265,448	$3,402,550	$408,286
2020	$967,124	$161,300	$3,129,077	$805,824
2019	$443,727	$242,127	$2,329,097	$201,600

SHRINERS INTERNATIONAL DBA AL KORAN SHRINERS