Patmos-Solomons Lodge No 70 AF and AM (EIN 520910992) - 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

2014

Legal Domicile

Principal Officer

Richard Myers

Phone

4105520628

Tax Period

2024-01-01 to 2024-12-31

Patmos-Solomons Lodge No 70 AF and AM, founded in 2014, is a micro nonprofit in the Mutual Benefit sector that reported $42K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $165K exceeded revenue, resulting in a 298% operating deficit.

Mission

Support the local community by donating to various charities and other community outreach programs

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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 $16,361

Program Service Revenue $0

Investment Income $25,147

Other Revenue $0

TOTAL REVENUE $41,508

Expense Breakdown

Grants Paid $4,590

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,590

Other Expenses $160,739

TOTAL EXPENSES $165,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,508	$29,348	+0.4%
Expenses	$165,329	$21,324	+6.8%
Net Income	$-123,821	$8,024	-16.4%

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

146

Independent Members

146

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
Richard Myers	Worshipful Master	6.00	Officer	$0	$0	$0
Scott Mason	Senior Warden	2.00	Officer	$0	$0	$0
Leland Chemerys	Junior Warden	4.00	Officer	$0	$0	$0
Howard Galliford	Secretary	4.00	Officer	$0	$0	$0
John Rafine	Treasurer	6.00	Officer	$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	$41,508	$165,329	$625,243	$-123,821
2023	$29,348	$21,324	$694,578	$8,024
2022	$36,698	$25,497	$744,282	$11,201
2021	$305,133	$31,147	$1,230,510	$273,986
2020	$76,085	$51,485	$1,737,323	$24,600
2019	$95,990	$64,949	$1,682,114	$31,041

Patmos-Solomons Lodge No 70 AF and AM