Masonry Institute of Iowa (EIN 421146129) - 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

1978

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Masonry Institute of Iowa, founded in 1978, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Expenses of $157K exceeded revenue, resulting in a 14% operating deficit.

Mission

To provide service, leadership, education, and promotion in support of its members and the masonry field.

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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 $128,882

Investment Income $8,390

Other Revenue $622

TOTAL REVENUE $137,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,350

Fundraising Expenses $0

Program Expenses $156,791

Other Expenses $74,441

TOTAL EXPENSES $156,791

Year-over-Year Comparison

	2023	2022	Change
Revenue	$137,894	$136,876	+0.0%
Expenses	$156,791	$151,220	+0.0%
Net Income	$-18,897	$-14,344	+0.3%

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

N/A

Independent Members

N/A

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

$76,548

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Irlmeier	Executive Director	40.00	Officer	$66,779	$9,769	$76,548
Jim Cappaert	Director	0.25	Director	$0	$0	$0
Nick Busch	Director	0.25	Director	$0	$0	$0
Brad Bunn	Director	0.25	Director	$0	$0	$0
Greg Weinberg	Advisor	0.00	Director	$0	$0	$0
Ed Ely	Advisor	0.25	Director	$0	$0	$0
John Thiele	Director	0.25	Director	$0	$0	$0
Rob Van Heeswyk	Director	0.25	Director	$0	$0	$0
Alan Boddicker	Treasurer	0.50	Director	$0	$0	$0
Scott Ellingson	Director	0.25	Director	$0	$0	$0
Ray Lemke	Director	0.25	Director	$0	$0	$0
Andy Ward	Vice President	0.25	Officer Director	$0	$0	$0
Matt Banse	President	1.00	Officer Director	$0	$0	$0
Ron Hopkins	Secretary	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
2024	No data	No data	No data	No data
2023	$137,894	$156,791	$385,817	$-18,897
2022	$136,876	$151,220	$401,254	$-14,344
2021	$142,634	$138,669	$447,306	$3,965
2020	$168,497	$130,232	$443,957	$38,265
2019	$129,960	$140,303	$389,630	$-10,343
2018	$154,343	$128,391	$386,874	$25,952

Masonry Institute of Iowa