MASONIC HOME EDUCATIONAL FOUNDATION INC (EIN 726023952) - 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

1958

Legal Domicile

Principal Officer

S BRUCE EASTERLY

Phone

3184435610

Tax Period

2024-10-01 to 2025-09-30

MASONIC HOME EDUCATIONAL FOUNDATION INC, founded in 1958, is a small nonprofit in the Education sector that reported $440K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $201K, a strong 46% operating margin.

Mission

THE PRIMARY PURPOSE OF MASONIC HOME EDUCATIONAL FOUNDATION, INC. IS TO PROVIDE SCHOLARSHIPS TO NEEDY STUDENTS IN ORDER TO DEFRAY THE HIGH COSTS OF HIGHER EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $18,956

Program Service Revenue $0

Investment Income $421,415

Other Revenue $0

TOTAL REVENUE $440,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,200

Fundraising Expenses $0

Program Expenses $239,312

Other Expenses $232,112

TOTAL EXPENSES $239,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$440,371	$921,598	-0.5%
Expenses	$239,312	$209,252	+0.1%
Net Income	$201,059	$712,346	-0.7%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
S BRUCE EASTERLY	CHAIRMAN	N/A	Officer	$0	$0	$0
LLOYD E HENNIGAN	VICE-CHAIR	N/A	Officer	$0	$0	$0
ROY MCDUFFEE	SEC-TREAS	N/A	Officer	$0	$0	$0
STEVEN A PENCE	GRAND SECRET	N/A	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
2025	$440,371	$239,312	$5,054,689	$201,059
2024	$921,598	$209,252	$4,853,630	$712,346
2023	$323,979	$189,573	$4,141,284	$134,406
2022	$61,667	$192,584	$3,749,967	$-130,917
2021	$804,633	$159,343	$4,602,602	$645,290
2020	$297,591	$128,088	$3,957,312	$169,503
2019	$1,053,902	$132,346	$3,810,250	$921,556
2018	$278,031	$133,413	$2,888,694	$144,618

MASONIC HOME EDUCATIONAL FOUNDATION INC