FREE & ACCEPTED MASONS OF KENTUCKY (EIN 610546197) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

DEREK PHELPS

Phone

8592241111

Tax Period

2023-01-01 to 2023-12-31

FREE & ACCEPTED MASONS OF KENTUCKY, founded in 1945, is a micro nonprofit that reported $19K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $30K exceeded revenue, resulting in a 63% operating deficit.

Mission

A FRATERNAL ORGANIZATION THAT TAKES GOOD MEN AND MAKES THEM BETTER.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,000

Program Service Revenue $1,365

Investment Income $14

Other Revenue $347

TOTAL REVENUE $18,726

Expense Breakdown

Grants Paid $3,250

Salaries & Benefits $600

Fundraising Expenses $0

Other Expenses $26,592

TOTAL EXPENSES $30,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,726	$15,631	+0.2%
Expenses	$30,442	$216,195	-0.9%
Net Income	$-11,716	$-200,564	-0.9%

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

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

$600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK PHELPS	MASTER	1.00	Officer	$0	$0	$0
GARY WHITNEY	SR WARDEN	1.00	Officer	$0	$0	$0
TRISTAN ROOT	JR WARDEN	1.00	Officer	$0	$0	$0
ANTHONY WRIGHT	SECRETARY	1.00	Officer	$600	$0	$600
KEN DOUGHERTY	TREASURER	1.00	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	No data	No data	No data	No data
2023	$18,726	$30,442	$4,368,950	$-11,716
2022	$15,631	$216,195	$4,380,666	$-200,564
2021	$4,547,264	$19,094	$4,581,230	$4,528,170

FREE & ACCEPTED MASONS OF KENTUCKY