INTERNATIONAL FREE AND ACCEPTED MODERN MASONS INC (EIN 381418845) - 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

1950

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL FREE AND ACCEPTED MODERN MASONS INC, founded in 1950, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 199% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 7% surplus.

Mission

THE CONDUCT OF A BENOVOLENT AND CHARTIABLE FRATERNAL SOCIETY FOR THE PROMOTION OF FRIENDSHIP, HARMONY AND BROTHERLY LOVE FOR THE RELIEF OF THE SICK HELPLESS AND NEEDY AMONG ITS MEMBERS

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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 $0

Program Service Revenue $1,476,793

Investment Income $2,410

Other Revenue $106,631

TOTAL REVENUE $1,585,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $637,430

Fundraising Expenses $0

Program Expenses $1,473,737

Other Expenses $726,882

TOTAL EXPENSES $1,473,737

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,585,834	$529,829	+2.0%
Expenses	$1,473,737	$1,367,528	+0.1%
Net Income	$112,097	$-837,699	-1.1%

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

$270,410

Total Directors

$295,410

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH HOLLOWELL	SUPREME PRESIDENTCEO	40.00	Officer Director	$166,000	$0	$166,000
JOHN DOGAN	DIRECTOR	40.00	Officer Director	$104,410	$0	$104,410
JAMES DOGAN	BOARD CHAIRMAN	1.00	Director	$25,000	$0	$25,000
DEWITT MCGOWAN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLOTTE NICHOLS	DIRECTOR	1.00	Director	$0	$0	$0
BOBBIE MEEKS	DIRECTOR	1.00	Director	$0	$0	$0
CEDRIC CURRY	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE WALKER	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD WALKER	DIRECTOR	1.00	Director	$0	$0	$0
ORA RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
JEAN BLOUNT RAGSDALE	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$1,585,834	$1,473,737	$6,495,366	$112,097
2022	$529,829	$1,367,528	$6,383,269	$-837,699
2021	$157,901	$1,314,168	$7,220,968	$-1,156,267

INTERNATIONAL FREE AND ACCEPTED MODERN MASONS INC