SCOTTISH RITE CATHEDRAL ASSOCIATION (EIN 840172445) - 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

1922

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

SCOTTISH RITE CATHEDRAL ASSOCIATION, founded in 1922, is a small nonprofit that reported $169K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $199K exceeded revenue, resulting in a 18% operating deficit.

Mission

HOLD TITLE TO PROPERTY, COLLECT INCOME FROM RENTAL OF REAL PROPERTY,AND PAY INCOME TO ANOTHER QUALIFIED EXEMPT ORGANIZATION

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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 $0

Program Service Revenue $101,250

Investment Income $0

Other Revenue $67,419

TOTAL REVENUE $168,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $198,835

TOTAL EXPENSES $198,835

Year-over-Year Comparison

	2023	2022	Change
Revenue	$168,669	$204,584	-0.2%
Expenses	$198,835	$193,136	+0.0%
Net Income	$-30,166	$11,448	-3.6%

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

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
JAMES T PRESTON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD W MITCHELL	MEMBER	1.00	Director	$0	$0	$0
JERRY R RICE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW A RAIA	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM C KLATIL	SECRETARYTREASURER	3.00	Officer Director	$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	$168,669	$198,835	$3,486,258	$-30,166
2022	$204,584	$193,136	$3,543,994	$11,448
2021	$218,328	$179,020	$3,418,291	$39,308
2020	$66,518	$102,135	$3,337,028	$-35,617
2019	$10,125	$53,749	$3,326,504	$-43,624
2018	$180,551	$197,208	$3,219,239	$-16,657

SCOTTISH RITE CATHEDRAL ASSOCIATION