LINCOLN SCOTTISH RITE PRESERVATION FOUNDATION (EIN 470730224) - 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

1989

Legal Domicile

Principal Officer

BRUCE WOOD

Phone

4024352144

Tax Period

2024-01-01 to 2024-12-31

LINCOLN SCOTTISH RITE PRESERVATION FOUNDATION, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $157K in total revenue in fiscal year 2024. Revenue surged 158% from the prior year, signaling strong growth momentum. Expenses of $208K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROMOTE, SUPPORT AND MAINTAIN EDUCATIONAL, CULTURAL, HISTORICAL AND CHARITABLE PROGRAMS, AND TO SUPPORT THE SCOTTISH RITE OF FREEMASONRY IN NEBRASKA

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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 $136,349

Program Service Revenue $0

Investment Income $20,885

Other Revenue $0

TOTAL REVENUE $157,234

Expense Breakdown

Grants Paid $201,516

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,516

Other Expenses $6,635

TOTAL EXPENSES $208,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$157,234	$60,919	+1.6%
Expenses	$208,151	$57,340	+2.6%
Net Income	$-50,917	$3,579	-15.2%

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

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
MICHEAL BUCHARDT	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL GRAY	VICE-PRESIDE	N/A	Director	$0	$0	$0
DALE LEUDERS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN LORENZEN	DIRECTOR	N/A	Director	$0	$0	$0
JERRY PIGSLEY	DIRECTOR	N/A	Director	$0	$0	$0
RODNEY POSKOCHIL	TREASURER	N/A	Officer Director	$0	$0	$0
E DAVID WATTS	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL WELLENDORF	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE WOOD	SECRETARY	N/A	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	$157,234	$208,151	$766,557	$-50,917
2023	$60,919	$57,340	$668,251	$3,579
2022	$92,544	$140,746	$615,762	$-48,202
2021	$198,239	$50,072	$767,404	$148,167
2020	$58,585	$31,851	$677,078	$26,734
2019	$49,206	$132,611	$582,529	$-83,405
2018	$215,431	$81,965	$581,611	$133,466

LINCOLN SCOTTISH RITE PRESERVATION FOUNDATION