MASONIC CHARITIES OF DELAWARE INC

EIN: 510066735 501(c)(3) Religion

CAMDEN, DE

Total Revenue
$91,866
Total Expenses
$576,947
Total Assets
$7,436,735
Net Assets
$7,436,735
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
DE
Principal Officer
CURT COLE
Phone
3025981076
Tax Period
2023-09-01 to 2024-08-31

MASONIC CHARITIES OF DELAWARE INC, founded in 1911, is a micro nonprofit in the Religion sector that reported $92K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $577K exceeded revenue, resulting in a 528% operating deficit.

Mission

TO PROVIDE FINANCIAL RELIEF AND EDUCATIONAL ASSISTANCE TO OUR MASONIC COMMUNITY, AND TO CONTRIBUTE TO THE WELL BEING OF OUR COMMUNITY AT LARGE VIA QUALIFIED CHARITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,339
Program Service Revenue $0
Investment Income $78,527
Other Revenue $0
TOTAL REVENUE $91,866

Expense Breakdown

Grants Paid $566,599
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $566,599
Other Expenses $10,348
TOTAL EXPENSES $576,947

Year-over-Year Comparison

2023 2022 Change
Revenue $91,866 $97,503 -0.1%
Expenses $576,947 $501,622 +0.2%
Net Income $-485,081 $-404,119 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CURTIS COLE PRESIDENT 3.00
Officer Director
$0 $0 $0
DEAN F DISHAROON VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
KEVIN BAIRD ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT W MCCORMICK TREASURER 5.00
Officer Director
$0 $0 $0
CHAD T ROBINSON SECRETARY 5.00
Officer Director
$0 $0 $0
FRED S ROLAND BOARD MEMBER 2.00
Director
$0 $0 $0
MARK K BUTTON BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD W AYDELOTTE BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES HANBY BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT CHRISTIANSON BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN M TUCKER BOARD MEMBER 2.00
Director
$0 $0 $0
LEE C MORAN BOARD MEMBER 2.00
Director
$0 $0 $0
RONALD FERRARO BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD MCTHENY BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW THOMPSON BOARD MEMBER 2.00
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 $91,866 $576,947 $7,436,735 $-485,081
2023 $97,503 $501,622 $6,707,176 $-404,119
2022 $95,620 $300,409 $5,823,367 $-204,789
2021 $91,351 $289,600 $6,498,544 $-198,249
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