ILLINOIS ORDER OF DEMOLAY FOUNDATION INC

EIN: 363044322 501(c)(3)

East Moline, IL

Total Revenue
$25,911
Total Expenses
$21,509
Total Assets
$603,152
Net Assets
$603,152
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
IL
Principal Officer
Michael J Haney
Phone
3097557935
Tax Period
2024-07-01 to 2025-06-30

ILLINOIS ORDER OF DEMOLAY FOUNDATION INC, founded in 1982, is a micro nonprofit that reported $26K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 17% operating margin.

Mission

DEMOLAY IS AN ORGANIZATION DEDICATED TO PREPARING YOUNG MEN TO LEAD SUCCESSFUL, HAPPY, AND PRODUCTIVE LIVES. DEMOLAY OPENS DOORS FOR YOUNG MEN AGED 12 TO 21 BY DEVELOPING LEADERSHIP SKILLS SO VITALLY NEEDED IN SOCIETY TODAY. DEMOLAY BASES ITS VISION, MISSION, AND PURPOSE ON 7 CARDINAL VIRTUES; FILIAL LOVE, REVERENCE FOR SACRED THINGS, COURTESY, COMRADESHIP, FIDELITY, CLEANNESS, AND PATRIOTISM. DEMOLAY COMBINES THIS SERIOUS MISSION WITH A FUN APPROACH THAT BUILDS IMPORTANT BONDS OF FRIENDSHIP AMONG MEMBERS IN CHAPTERS WORLDWIDE. IN DEMOLAY, YOUNG MEN LEARN PERSONAL RESPONSIBILITY, BUDGETING, LEADERSHIP, ATHLETICS, PUBLIC SPEAKING, AND SOCIAL SKILLS. DEMOLAY MEMBERS ALSO HAVE FUN IN A SAFE SOCIAL ENVIRONMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,785
Program Service Revenue $0
Investment Income $14,126
Other Revenue $0
TOTAL REVENUE $25,911

Expense Breakdown

Grants Paid $21,008
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,509
Other Expenses $501
TOTAL EXPENSES $21,509

Year-over-Year Comparison

2024 2023 Change
Revenue $25,911 $15,103 +0.7%
Expenses $21,509 $20,373 +0.1%
Net Income $4,402 $-5,270 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
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
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gregory L Clark Director 0.01
Director
$0 $0 $0
Thomas W Podrovitz Director 0.01
Director
$0 $0 $0
Anthony R Cracco Director 0.01
Director
$0 $0 $0
Peter Curielli Director 0.01
Director
$0 $0 $0
Angelo Deserio Director 0.01
Director
$0 $0 $0
Micahel Flock Director 0.01
Director
$0 $0 $0
Michael R Fowler Director 0.01
Director
$0 $0 $0
John Haney Director 0.01
Director
$0 $0 $0
Anthony Rojas Director 0.01
Director
$0 $0 $0
V Dale Goodpaster Director 0.25
Director
$0 $0 $0
Joseph B Ferrell Director 0.01
Director
$0 $0 $0
Byford O Cook Director 0.01
Director
$0 $0 $0
Barry D Weer Director 0.01
Director
$0 $0 $0
Jonathan C Williams Director 0.01
Director
$0 $0 $0
David E Young Director 0.01
Director
$0 $0 $0
Robert W Kennedy Director 0.01
Director
$0 $0 $0
Russell Scanlan Secretary 0.25
Officer Director
$0 $0 $0
Craig A Kennedy President 0.25
Officer Director
$0 $0 $0
Mark Maxwell Vice President 0.25
Officer Director
$0 $0 $0
Michael J Haney Treasurer 0.25
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
2025 $25,911 $21,509 $603,152 $4,402
2024 $15,103 $20,373 $536,830 $-5,270
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