MASONIC CHARITIES OF MARYLAND INC

EIN: 521470411 501(c)(3) Mutual Benefit

COCKEYSVILLE, MD

Total Revenue
$55,418
Total Expenses
$99,326
Total Assets
$2,988,506
Net Assets
$2,945,430
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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
1986
Legal Domicile
MD
Principal Officer
T SCOTT CUSHING SR
Phone
4105270600
Tax Period
2023-07-01 to 2024-06-30

MASONIC CHARITIES OF MARYLAND INC, founded in 1986, is a micro nonprofit in the Mutual Benefit sector that reported $55K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $99K exceeded revenue, resulting in a 79% operating deficit.

Mission

TO PROVIDE SERVICES AND PROGRAMS TO THE YOUTH OF MARYLAND.

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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 $70,375
Program Service Revenue $0
Investment Income $-4,837
Other Revenue $-10,120
TOTAL REVENUE $55,418

Expense Breakdown

Grants Paid $79,025
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $94,459
Other Expenses $20,301
TOTAL EXPENSES $99,326

Year-over-Year Comparison

2023 2022 Change
Revenue $55,418 $152,882 -0.6%
Expenses $99,326 $128,994 -0.2%
Net Income $-43,908 $23,888 -2.8%
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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Governance

Voting Members
13
Independent Members
10
Employees
N/A
Volunteers
10

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
6
$291,581
Total Directors
13
$291,581
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FEDERICK A SPICER GRAND MASTER 1.00
Officer Director
$0 $0 $0
RANDALL L WATSON DEPUTY GRAND MASTER 1.00
Officer Director
$0 $0 $0
KENNETH R TAYLOR GRAND SECRETARY 1.00
Officer Director
$0 $0 $171,909
T SCOTT CUSHING SR GRAND TREASURER 1.00
Officer Director
$0 $0 $10,440
THOMAS W FOSTER PRESIDENT 1.00
Officer Director
$0 $0 $109,232
W MILES COLE VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURENCE H GERBER SR TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK LASER JR TRUSTEE 1.00
Director
$0 $0 $0
ROBERT W REYNOLDS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT D KNIGHT TRUSTEE 1.00
Director
$0 $0 $0
GEORGE ANDREW MARTINEZ TRUSTEE 1.00
Director
$0 $0 $0
RICHARD E THURFIELD JR TRUSTEE 1.00
Director
$0 $0 $0
JOHN R FRANCIS TRUSTEE 1.00
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
2025 No data No data No data No data
2024 $55,418 $99,326 $2,988,506 $-43,908
2023 $152,882 $128,994 $2,703,604 $23,888
2022 $189,724 $182,120 $2,533,326 $7,604
2021 $387,782 $122,254 $2,939,193 $265,528
2020 $119,776 $144,089 $2,497,487 $-24,313
2019 $213,986 $165,150 $2,523,288 $48,836
2018 $568,516 $137,967 $2,385,788 $430,549
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