UPPER PENINSULA MASONIC ASSOCIATION (EIN 380792830) - 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

Principal Officer

LEONARD S ELDER

Phone

9062251157

Tax Period

2023-01-01 to 2023-12-31

UPPER PENINSULA MASONIC ASSOCIATION is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $367K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE ASSOCIATION HOLDS TITLE TO AND MANAGES THE MASONIC CENTER BUILDING LOCATED IN MARQUETTE, MICHIGAN. IT PROVIDES THE BUILDING AND CONTENTS TO VARIOUS MASONIC ORGANIZATIONS FOR BUSINESS MEETINGS AND CHARITABLE PROJECTS AND EVENTS.

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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 $11,537

Program Service Revenue $0

Investment Income $-81,035

Other Revenue $345,833

TOTAL REVENUE $276,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,482

Fundraising Expenses $325

Other Expenses $268,168

TOTAL EXPENSES $366,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,335	$351,738	-0.2%
Expenses	$366,650	$412,394	-0.1%
Net Income	$-90,315	$-60,656	+0.5%

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

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
ERIK BOOTH	SECRETARY	N/A	Officer Director	$0	$0	$0
JAMES CAIN	TRUSTEE	N/A	Director	$0	$0	$0
LEONARD S ELDER	PRESIDENT	N/A	Officer Director	$0	$0	$0
ANTHONY GIORGIANNI	TRUSTEE	N/A	Director	$0	$0	$0
CHRIS HOKENSON	TREASURER	N/A	Officer Director	$0	$0	$0
DANIEL KLUMB	TRUSTEE	N/A	Director	$0	$0	$0
GORDON J PETERSON	TRUSTEE	N/A	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	$276,335	$366,650	$90,308	$-90,315
2022	$351,738	$412,394	$1,607,064	$-60,656
2021	$326,524	$442,465	$1,737,865	$-115,941
2020	$348,021	$454,348	$1,816,853	$-106,327
2019	$435,438	$429,804	$1,784,397	$5,634
2018	$409,697	$570,785	$1,817,737	$-161,088

UPPER PENINSULA MASONIC ASSOCIATION