FREE & ACCEPTED MASONS OF WASHINGTON 218 LANGLEY

EIN: 910667437

FREELAND, WA

Total Revenue
$6,816
Total Expenses
$13,730
Total Assets
$722,185
Net Assets
$722,185
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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
1917
Legal Domicile
WA
Principal Officer
RICHARD BACIGALUPI
Phone
3602215253
Tax Period
2023-01-01 to 2023-12-31

FREE & ACCEPTED MASONS OF WASHINGTON 218 LANGLEY, founded in 1917, is a micro nonprofit that reported $7K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 101% operating deficit.

Mission

FRATERNAL 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,112
Program Service Revenue $0
Investment Income $3,774
Other Revenue $-70
TOTAL REVENUE $6,816

Expense Breakdown

Grants Paid $700
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $13,030
TOTAL EXPENSES $13,730

Year-over-Year Comparison

2023 2022 Change
Revenue $6,816 $23,639 -0.7%
Expenses $13,730 $15,889 -0.1%
Net Income $-6,914 $7,750 -1.9%
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
4
Independent Members
49
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM FULTON MASTER 2.00
Officer
$0 $0 $0
CARL FJELSTED JR. WARDEN 1.00
Officer
$0 $0 $0
RICHARD BACIGALUPI SECRETARY /TREASURER 2.00
Officer
$0 $0 $0
TONY GILL SR. WARDEN 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 $6,816 $13,730 $722,185 $-6,914
2022 $23,639 $15,889 $659,772 $7,750
2021 $35,011 $14,939 $746,806 $20,072
2020 $7,544 $11,497 $711,856 $-3,953
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