THE SCOTTISH RITE FOUNDATION OF THE DISTRICT OF COLUMBIA INC (EIN 521144999) - 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

Principal Officer

WALTER R HOENES

Phone

2022328155

Tax Period

2023-01-01 to 2023-12-31

THE SCOTTISH RITE FOUNDATION OF THE DISTRICT OF COLUMBIA INC, founded in 1978, is a small nonprofit that reported $700K in total revenue in fiscal year 2023. Revenue surged 163% from the prior year, signaling strong growth momentum. Net assets of $3.8M represent 64 months of operating reserves.

Mission

FORMED TO FURTHER THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE SCOTTISH RITE OF FREEMASONRY.

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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 $197,132

Program Service Revenue $0

Investment Income $532,047

Other Revenue $-29,302

TOTAL REVENUE $699,877

Expense Breakdown

Grants Paid $333,245

Salaries & Benefits $86,574

Fundraising Expenses $22,850

Program Expenses $571,605

Other Expenses $286,217

TOTAL EXPENSES $706,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$699,877	$266,559	+1.6%
Expenses	$706,036	$665,580	+0.1%
Net Income	$-6,159	$-399,021	-1.0%

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

$94,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARROLL J COLLINS	GENERAL SECRETARY	5.00	Officer	$0	$8,360	$94,552
LEONARD PRODEN	SGIG	5.00	Officer	$0	$0	$0
MENSAH R ADJOGAH	TREASURER	5.00	Officer	$0	$0	$0
GEORGE R ADAMS	TRUSTEE	2.00	Director	$0	$0	$0
MIGUEL BANAGAN	TRUSTEE	2.00	Director	$0	$0	$0
SHAWN D BARTLEY	TRUSTEE	2.00	Director	$0	$0	$0
GRANT BERNING	TRUSTEE	2.00	Director	$0	$0	$0
LUIS CISNEROS	TRUSTEE	2.00	Director	$0	$0	$0
ELKANAH FAUX	TRUSTEE	2.00	Director	$0	$0	$0
ERIC KUCHNER	TRUSTEE	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	No data	No data	No data	No data
2023	$699,877	$706,036	$3,760,779	$-6,159
2022	$266,559	$665,580	$3,623,660	$-399,021
2021	$905,548	$420,521	$4,666,765	$485,027
2020	$382,779	$784,801	$4,097,704	$-402,022
2019	$447,674	$664,744	$4,092,527	$-217,070
2018	$486,932	$542,913	$3,829,708	$-55,981

THE SCOTTISH RITE FOUNDATION OF THE DISTRICT OF COLUMBIA INC