HAMASA SHRINERS

EIN: 640113334

MERIDIAN, MS

Total Revenue
$274,902
Total Expenses
$295,477
Total Assets
$712,192
Net Assets
$647,348
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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
1925
Legal Domicile
MS
Tax Period
2023-01-01 to 2023-12-31

HAMASA SHRINERS, founded in 1925, is a small nonprofit that reported $275K in total revenue in fiscal year 2023. Net assets of $647K represent 28 months of operating reserves.

Mission

PHILANTHROPIC FATERNITY. A FRATERNITY OF MEN WORKING TOWARD PROVIDING CHILDREN WITH MEDICAL CARE THROUGH THE SHRINERS HOSPITAL FOR CHILDREN HAVING FELLOWSHIP AMONG ITS MEMBER AND THE COMMUNITY.

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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 $262,338
Program Service Revenue $12,470
Investment Income $94
Other Revenue $0
TOTAL REVENUE $274,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,934
Fundraising Expenses $167,774
Program Expenses $27,934
Other Expenses $108,769
TOTAL EXPENSES $295,477

Year-over-Year Comparison

2023 2022 Change
Revenue $274,902 $284,996 0.0%
Expenses $295,477 $303,369 0.0%
Net Income $-20,575 $-18,373 +0.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
7

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
0
$0
Total Directors
0
$0
Key Employees
1
$16,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WHITEHEAD PRESIDENT 0.00
Key Emp
$16,800 $0 $16,800
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 $274,902 $295,477 $712,192 $-20,575
2022 $284,996 $303,369 $727,976 $-18,373
2021 $140,856 $155,220 $848,233 $-14,364
2020 $151,393 $144,522 $881,559 $6,871
2018 $338,342 $297,912 $965,914 $40,430
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