MASONIC TEMPLE ASSOCIATION OF MASON CITY (EIN 420776866) - 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

Legal Domicile

Principal Officer

RON BARTUSEK

Phone

6414239116

Tax Period

2024-01-01 to 2024-12-31

MASONIC TEMPLE ASSOCIATION OF MASON CITY, founded in 1960, is a micro nonprofit that reported $54K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE FACILITIES FOR FRATERNAL AND CHARITABLE ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,438

Program Service Revenue $0

Investment Income $20,053

Other Revenue $6,030

TOTAL REVENUE $53,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,578

Other Expenses $60,919

TOTAL EXPENSES $60,919

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,521	$104,926	-0.5%
Expenses	$60,919	$46,981	+0.3%
Net Income	$-7,398	$57,945	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON BARTUSEK	CHAIRMAN	1.00	Officer	$0	$0	$0
KURT QUAM	VICE CHAIRMA	1.00	Officer	$0	$0	$0
BRAD KLEINOW	TREASURER	1.00	Officer	$0	$0	$0
KEITH MYHRE	SECRETARY	1.00	Officer	$0	$0	$0
STEVE LAMES	DIRECTOR	1.00	Director	$0	$0	$0
JOE BARTUSEK	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE KLEINOW	DIRECTOR	1.00	Director	$0	$0	$0
RON GUTHRIE	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND SHIMAK	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
2025	No data	No data	No data	No data
2024	$53,521	$60,919	$548,129	$-7,398
2023	$104,926	$46,981	$553,735	$57,945
2022	$13,822	$38,627	$494,141	$-24,805
2021	$40,302	$38,128	$517,421	$2,174
2020	$54,817	$33,905	$513,383	$20,912

MASONIC TEMPLE ASSOCIATION OF MASON CITY