SCOTTISH RITE EDUCATIONAL ASSOCIATION OF TEXAS (EIN 741109642) - 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

1922

Legal Domicile

Principal Officer

PETE LANEY

Phone

5124769131

Tax Period

2022-08-01 to 2023-07-31

SCOTTISH RITE EDUCATIONAL ASSOCIATION OF TEXAS, founded in 1922, is a community nonprofit in the Mutual Benefit sector that reported $5.2M in total revenue in fiscal year 2022. Net assets of $10.7M represent 25 months of operating reserves.

Mission

TO PROMOTE THE SPIRITUAL, MENTAL, AND PHYSICAL DEVELOPMENT OF DORMITORY'S FEMALE RESIDENTS

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $7,095

Program Service Revenue $4,951,029

Investment Income $149,020

Other Revenue $116,591

TOTAL REVENUE $5,223,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,589,544

Fundraising Expenses $0

Program Expenses $4,665,693

Other Expenses $2,492,896

TOTAL EXPENSES $5,082,440

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,223,735	$5,200,101	+0.0%
Expenses	$5,082,440	$4,365,907	+0.2%
Net Income	$141,295	$834,194	-0.8%

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

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

$220,971

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE LANEY	EXECUTIVE COMM. CHAIRMAN	5.00	Officer Director	$0	$0	$0
RALPH WAYNE	EXE. COMM. CHAIRMAN EMERIT	5.00	Officer Director	$0	$0	$0
JEFF BONHAM	EXECUTIVE COMM. TREASURER	15.00	Officer Director	$0	$0	$0
MARK BELL	EXECUTIVE COMM. SECRETARY	5.00	Officer Director	$0	$0	$0
KIRBY PERRY	EXECUTIVE COMM. BUILDING C	0.05	Officer Director	$0	$0	$0
ANDREW WEBER	EXECUTIVE COMM. COUNSEL (P	10.00	Officer Director	$0	$0	$0
ALLAN LAZOR	REPRESENTATIVE	0.00	Director	$0	$0	$0
ROY DE GESERO	REPRESENTATIVE	0.00	Director	$0	$0	$0
DRMIKE WIGGINS	REPRESENTATIVE	0.00	Director	$0	$0	$0
DANIEL LOPEZ	REPRESENTATIVE	0.00	Director	$0	$0	$0
STAN MADDEN	REPRESENTATIVE	0.00	Director	$0	$0	$0
CHRIS FELTON	REPRESENTATIVE	0.00	Director	$0	$0	$0
DAN W TURNER	REPRESENTATIVE	0.00	Director	$0	$0	$0
HENRY SANTAMARIA	REPRESENTATIVE	0.00	Director	$0	$0	$0
KATHY KEILS	HONORARY MEMBER	0.05	Officer Director	$0	$0	$0
ROBERT GOODE	REPRESENTATIVE	0.00	Director	$0	$0	$0
MARY MAZURKE	DORMITORY DIRECTOR	40.00	Key Emp	$200,003	$20,968	$220,971
TOMMY ODELL	FACILITIES MANAGER	40.00	Highest	$176,000	$22,986	$198,986

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	$5,223,735	$5,082,440	$15,927,510	$141,295
2022	$5,200,101	$4,365,907	$15,247,612	$834,194
2021	$5,066,718	$3,890,479	$14,854,177	$1,176,239
2020	$4,194,803	$3,983,814	$13,185,159	$210,989
2019	$4,463,356	$4,019,945	$12,759,155	$443,411

SCOTTISH RITE EDUCATIONAL ASSOCIATION OF TEXAS