TROPICAL LODGE NO 56 F&AM (EIN 591385498) - 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

1992

Legal Domicile

Principal Officer

RANDY P CRONE

Tax Period

2023-01-01 to 2023-12-31

TROPICAL LODGE NO 56 F&AM, founded in 1992, is a small nonprofit that reported $279K in total revenue in fiscal year 2023. Revenue surged 193% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 19% operating margin.

Mission

FRATERNAL ORGANIZATION TO TEACH FREEMASONRY TO ITS MEMBERS

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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 $30,841

Program Service Revenue $0

Investment Income $193,148

Other Revenue $54,940

TOTAL REVENUE $278,929

Expense Breakdown

Grants Paid $13,018

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $207,342

TOTAL EXPENSES $225,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,929	$95,219	+1.9%
Expenses	$225,621	$161,904	+0.4%
Net Income	$53,308	$-66,685	-1.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ROBERT ZIMMERMAN	JUNIOR WARDEN	Officer	$0	$0	$0
SHAWN HUBBARD	SENIOR DEACON	Officer	$0	$0	$0
ANDREW SILVIA	JUNIOR DEACON	Officer	$0	$0	$0
GENE L SIMS	TREASURER	Officer	$0	$0	$0
RANDY P CRONE	SECRETARY	Officer	$0	$0	$0
AARON AVERHART	WORSHIPFUL MASTER	Officer	$0	$0	$0
BRIAN APFEL	SENIOR WARDEN	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	No data	No data	No data	No data
2023	$278,929	$225,621	$2,525,798	$53,308
2022	$95,219	$161,904	$2,484,490	$-66,685
2021	$756,922	$122,335	$2,563,175	$634,587
2020	$76,771	$48,448	$1,940,588	$28,323
2019	$90,818	$58,965	$1,924,265	$31,853
2018	$81,108	$67,304	$1,904,412	$13,804

TROPICAL LODGE NO 56 F&AM