THE MOST WORSHIPFUL PRINCE HALL GRAND LODGE OF ILLINOIS (EIN 366159492) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1909

Legal Domicile

Principal Officer

CARL RICHARDSON

Phone

7733732725

Tax Period

2023-07-01 to 2024-06-30

THE MOST WORSHIPFUL PRINCE HALL GRAND LODGE OF ILLINOIS, founded in 1909, is a small nonprofit that reported $524K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

TO SUPPORT AND ENGAGE IN CHARITABLE WORKS WITHIN THE STATE OF ILLINOIS PROVIDE PROGRAMS FOR THE ADVANCEMENT OF EDUCATION BY SPONSORING ACADEMIC SCHOLARSHIPS,ANNUAL SCHOOL SUPPLIES AND ACADEMIC INSTITUTIONS..

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $347,946

Investment Income $479

Other Revenue $175,720

TOTAL REVENUE $524,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,851

Fundraising Expenses $0

Other Expenses $414,345

TOTAL EXPENSES $523,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,145	$594,260	-0.1%
Expenses	$523,196	$496,058	+0.1%
Net Income	$949	$98,202	-1.0%

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

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
ROLAND G SIMON	GRAND MASTER	5.00	Director	$0	$0	$0
STEVEN R COLEMAN	DEPUTY GRAND MASTER	5.00	Director	$0	$0	$0
ANTHONY D STAFORD	GRAND SENIOR WARDEN	5.00	Director	$0	$0	$0
MICHEAL RAMEY	GRAND JUNIOR WARDEN	5.00	Director	$0	$0	$0
DAVID THOMAS	GRAND TREASURER	5.00	Director	$0	$0	$0
CARL RICHARDSON	GRAND SECRETARY	5.00	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
2024	$524,145	$523,196	$670,029	$949
2023	$594,260	$496,058	$670,693	$98,202
2022	$517,388	$446,530	$570,871	$70,858
2021	$331,231	$208,548	$503,923	$122,683
2020	$442,496	$445,863	$377,519	$-3,367
2019	$536,919	$828,518	$386,746	$-291,599

THE MOST WORSHIPFUL PRINCE HALL GRAND LODGE OF ILLINOIS