MASONIC FOUNDATION FOR CHILDREN INC

EIN: 550731354 501(c)(3) Youth Development

HOLLAND, MI

Total Revenue
$151,607
Total Expenses
$231,172
Total Assets
$70,540
Net Assets
$70,540
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
WV
Principal Officer
TOM VELVIN Jr
Phone
8003562766
Tax Period
2024-01-01 to 2024-12-31

MASONIC FOUNDATION FOR CHILDREN INC, founded in 1986, is a small nonprofit in the Youth Development sector that reported $152K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 52% operating deficit.

Mission

To sponsor and conduct Masonic Model Student Assistance Program trainings that train Core Teams from within schools in how to identify, intervene with, and create appropriate referrals for students that may be at risk for substance abuse, depression, suicide, or violence.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,982
Program Service Revenue $102,299
Investment Income $327
Other Revenue $2,999
TOTAL REVENUE $151,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,630
Fundraising Expenses $13,386
Program Expenses $161,858
Other Expenses $164,542
TOTAL EXPENSES $231,172

Year-over-Year Comparison

2024 2023 Change
Revenue $151,607 $253,449 -0.4%
Expenses $231,172 $221,246 +0.0%
Net Income $-79,565 $32,203 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
1
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD A AUNGST TREASURER 1.00
Officer Director
$0 $0 $0
DOUGLAS R POLICASTRO DIRECTOR 1.00
Director
$0 $0 $0
DAVID R DOAN SECRETARY 1.00
Director
$0 $0 $0
GREG S VASQUEZ DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL McGUYER DIRECTOR 1.00
Director
$0 $0 $0
KIRK WHITE DIRECTOR 1.00
Director
$0 $0 $0
PATTON HART VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
F TED PRARIA PRESIDENT 1.00
Officer Director
$0 $0 $0
RONALD WINNETT DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHAEL GILES DIRECTOR 1.00
Director
$0 $0 $0
BRYANT STOKES DIRECTOR 1.00
Director
$0 $0 $0
TOM VELVIN Jr EXECUTIVE DIRECTOR 40.00
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 $151,607 $231,172 $70,540 $-79,565
2023 $253,449 $221,246 $152,605 $32,203
2022 $317,910 $245,972 $120,401 $71,938
2021 $230,466 $182,190 $45,965 $48,276
2020 $207,456 $238,739 $815 $-31,283
2019 $374,552 $382,514 $33,422 $-7,962
2018 $341,567 $363,917 $39,347 $-22,350
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MASONIC FOUNDATION FOR CHILDREN INC with other nonprofits in Michigan and across the country.