Civic Intelligence

Washington Masonic Charities

990 • Fiscal year 2019 • EIN 91-1663363

May 01, 2018 to Apr 30, 2019 • Filed on Oct 18, 2019

4970 Bridgeport Way WUniversity Place, WA 98467

(253) 442-2505

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.94x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

3rd percentile

-88%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

14th percentile

$113,227

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

51st percentile

4.4%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

46%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$29,019,312

Up $1,229,517 (+4.4%) from 2018

Net Assets

Up

$28,423,857

Up $695,801 (+2.5%) from 2018

Liabilities

Up

$595,455

Up $533,716 (+864%) from 2018

Revenue

Up

$635,461

Up $201,386 (+46%) from 2018

Expenses

Up

$1,196,567

Up $117,641 (+11%) from 2018

Net Income

Up

-$561,106

Up $83,745 (+13%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2010: $20,656,838Liabilities 2010: $24,319,511Net Assets 2010: -$3,662,6732010Assets 2011: $856,595Liabilities 2011: $329,327Net Assets 2011: $527,2682011Assets 2012: $918,614Liabilities 2012: $349,835Net Assets 2012: $568,7792012Assets 2013: $423,547Liabilities 2013: $49,109Net Assets 2013: $374,4382013Assets 2014: $1,162,502Liabilities 2014: $22,597Net Assets 2014: $1,139,9052014Assets 2015: $1,133,185Liabilities 2015: $0Net Assets 2015: $1,133,1852015Assets 2016: $26,799,907Liabilities 2016: $27,353Net Assets 2016: $26,772,5542016Assets 2017: $27,530,769Liabilities 2017: $71,261Net Assets 2017: $27,459,5082017Assets 2018: $27,789,795Liabilities 2018: $61,739Net Assets 2018: $27,728,0562018Assets 2019: $29,019,312Liabilities 2019: $595,455Net Assets 2019: $28,423,8572019Assets 2020: $38,091,313Liabilities 2020: $628,954Net Assets 2020: $37,462,3592020Assets 2021: $48,721,672Liabilities 2021: $268,919Net Assets 2021: $48,452,7532021Assets 2022: $46,792,477Liabilities 2022: $467,202Net Assets 2022: $46,325,2752022Assets 2023: $45,391,199Liabilities 2023: $261,601Net Assets 2023: $45,129,5982023Assets 2024: $49,160,087Liabilities 2024: $331,041Net Assets 2024: $48,829,0462024Assets 2025: $52,587,172Liabilities 2025: $344,388Net Assets 2025: $52,242,7842025

Highlighted filing

2019

Assets$29,019,312
Liabilities$595,455
Net Assets$28,423,857

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $956,9252010Revenue 2011: $5,407,735Expenses 2011: $1,218,243Net Income 2011: $4,189,4922011Revenue 2012: $569,366Expenses 2012: $527,855Net Income 2012: $41,5112012Revenue 2013: $117,732Expenses 2013: $612,207Net Income 2013: -$494,4752013Revenue 2014: $899,276Expenses 2014: $453,146Net Income 2014: $446,1302014Revenue 2015: $954,344Expenses 2015: $649,541Net Income 2015: $304,8032015Revenue 2016: $79,601Expenses 2016: $815,423Net Income 2016: -$735,8222016Revenue 2017: $342,157Expenses 2017: $1,075,641Net Income 2017: -$733,4842017Revenue 2018: $434,075Expenses 2018: $1,078,926Net Income 2018: -$644,8512018Revenue 2019: $635,461Expenses 2019: $1,196,567Net Income 2019: -$561,1062019Revenue 2020: $859,556Expenses 2020: $1,251,056Net Income 2020: -$391,5002020Revenue 2021: $1,153,247Expenses 2021: $1,212,735Net Income 2021: -$59,4882021Revenue 2022: $489,029Expenses 2022: $1,380,206Net Income 2022: -$891,1772022Revenue 2023: $621,440Expenses 2023: $1,297,413Net Income 2023: -$675,9732023Revenue 2024: $674,770Expenses 2024: $1,501,065Net Income 2024: -$826,2952024Revenue 2025: $639,375Expenses 2025: $1,564,661Net Income 2025: -$925,2862025

Highlighted filing

2019

Revenue$635,461
Expenses$1,196,567
Net Income-$561,106
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Oct 18, 2019
Return Version
2018v3.1
Gross Receipts
$635,461
Mission and Program Overview

Mission

Our mission is to assist masons and others in need, focusing on aging in place and securing resources for basic essentials; investing in youth and education, boosting their ability to achieve their greatest potential; and preserving and curating masonic heritage, illuminating masonry's impact in washington's past, present and future.

Washington Masonic Charities mission is to create a culture of philantropy to invest in youth and education, provide comfort and support for seniors and those in need, and to preserve and share the Masonic heritage of Washington.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$859,260$909,572▲ $50,312
Cash and Non-Interest-Bearing Accounts$273,390$808,525▲ $535,135
Savings and Temporary Cash Investments$251,880$255,749▲ $3,869
Land, Buildings, and Equipment, Net$44,359$34,119▼ $10,240
Prepaid Expenses and Deferred Charges$4,840$4,800▼ $40
Accounts Receivable-$4,559-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$27,789,795$29,019,312▲ $1,229,517
Other Assets Total$26,356,066$27,001,988▲ $645,922
Liabilities
Deferred Revenue-$535,625-
Accounts Payable and Accrued Expenses$43,951$46,489▲ $2,538
Mortgage Notes Payable Secured by Investment Property$17,788$13,341▼ $4,447
Total Liabilities$61,739$595,455▲ $533,716
Net Assets / Fund Balance
Permanently Rstr Net Assets$26,430,926$27,099,222▲ $668,296
Unrestricted Net Assets$966,187$982,965▲ $16,778
Temporarily Rstr Net Assets$330,943$341,670▲ $10,727
Total Net Assets Fund Balance$27,728,056$28,423,857▲ $695,801
Total Liabilities and Net Assets / Fund Balance$27,789,795$29,019,312▲ $1,229,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,098$38,121$55,219
Other Land Buildings$16,221$23,855$40,076
Land$800-$800
Other Assets Org$21,871,363--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$26,356,066-▲ $1,461,232$815,310$27,001,988
2017$26,038,535-▲ $1,109,769$792,238$26,356,066
2016$25,423,044-▲ $1,606,131$990,640$26,038,535
2015$27,431,601-▼ $1,037,177$971,380$25,423,044
2014$24,598,452-▲ $2,833,149-$27,431,601
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken GibsonExecutive DirectorFT$90,090$23,137$113,227

Board Members and Trustees

NameTitle
Larry FoleyPresident
Rory JohnsonVice President
Cameron BaileyTrustee
Charles WoodTrustee
Chris CoffmanTrustee
Clint BrownTrustee
Don CampbellTrustee
Jim KendallTrustee
Ron HornTrustee
Scot SagesserTrustee
Bruce VesperSecretary
Richard TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$372,895
Program Service Revenue
$26,483
Investment Income
$236,083
Other Revenue
$0
All Other Contributions
$372,895
Change in Net Assets
$-561,106

Audited Revenue Reconciliation

Revenue per Audited Statements
$635,461
Revenue Not Reported on Form 990
$1,256,907
Total Revenue per Audited Statements
$1,892,368
Total Revenue per Form 990
$635,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$649,281
Other Expenses$547,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$423,886$4,386-$428,272
Current Officers, Directors, Trustees, and Key Employees$100,960$11,218-$112,178
Occupancy$83,774$8,024-$91,798
Travel$60,640$3,878-$64,518
Fees for Services Other$41,196$11,230-$52,426
Other Employee Benefits$47,404$2,680-$50,084
Office Expenses$37,032$11,150-$48,182
Payroll Taxes$42,102$1,199-$43,301
Pension Plan Contributions$13,593$1,853-$15,446
Other Expenses$9,916$2,079-$11,995
Depreciation Depletion$7,926$2,314-$10,240
All Other Expenses$253$6,300-$6,553
Fees for Services Legal$5,646$612-$6,258
Insurance$4,199$532-$4,731
Advertising$2,839$379-$3,218
Total Functional Expenses$1,110,496$86,071$0$1,196,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,196,567
Total Expenses per Audited Statements$1,196,567
Total Expenses per Form 990$1,196,567
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The Most Worshipful Grand Lodge of Free and Accepted Masons of Washington, Inc is the sole member of the Washington Masonic Charities.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The Most Worshipful Grand Lodge of Free and Accepted Masons of Washington, Inc elects 9 trustees, the board appoints three additional trustees.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The following actions are reserved to the one Member: Most Worshipful Grand Lodge of Free and Accepted Masons of Washington, Inc.:1. Any amendment to the Articles or the Bylaws of the Corporation adopted by the Board may be amended or repealed by the Member. The Board may not amend or repeal any amendment adopted by the member.2. Any change to any of the purposes of the Corporation.3. The sale of all or substantially all of the assets of the Corporation.4. The encumbering of any asset of the corporation.5. Any expenditure, or as one of a series, of $25,000 or more. This amount shall be increased periodically by an amount equal to the average consumer price index.

Form 990, Part VI, Line 11B: Form 990 Review Process

First, the completed forms will be reviewed by the treasurer. Then the completed Form 990 including all schedules will be distributed by email to each trustee for review. Any and all questions can be asked and answered via email or phone. Any necessary corrections can be made before submission to the IRS. A copy of the final Form 990 is sent to each member of the board prior to submission to the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A questionnaire is handed out and filled in by each new board member and renewed annually. Every two years our legal representative is present at the board meeting to go over rules and importance of the policy. At that time, any questions or issues can be addressed. If a conflict is found to be present, that trustee will recuse themselves from discussion or vote on that matter.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director's wage is compared with individuals in similar job classification using comparability data from a compensation service. The trustees reviews the information and sets the wage.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation for employees are bench-marked using online search and methodology.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflicts of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Washington Masonic Charities
EIN
91-1663363
Phone
2534422505
Address
4970 Bridgeport Way W, University Place, WA 98467

Signing Officer

Name
Richard Taylor
Title
Treasurer
Signed
2019-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Foley
Formed
1994
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
46

Preparer

Firm
Mary Jane Dubbs CPA
Address
5000 Bridgeport Way West, University Place, WA 98467
Preparer
Mary Jane Dubbs CPA
Phone
2535669671
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Change in beneficial interest in perpetual trusts = -$72468

Other Changes In Net Assets Or Fund Balances - Other Increases

Change in net assets of related party = $1323521

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

A board committee is responsible for the oversight of the audit and the selection of the independent accountant.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Masonic home endowment fund held by related organization is used to support those aging individuals 62 and over who cannot financially support themselves where ever they may reside. It is also used for support of the operations of the facility and staff at the Masonic Retirement Center of WA.Endowment funds held by 3rd parties are used to support the charitable purposes of the organization.Other endowments are established by donors to support specific charitable activities of the organization.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7President
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
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IRS990/MissionDesc0Creating a culture of philantropy to invest in youth and education, provide comfort and support for seniors and those in need, and to preserve and share the Masonic heritage of Washington.
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IRS990/OtherExpensesGrp/Desc2Vehicle & Equipment
IRS990/OtherExpensesGrp/Desc3Utilities
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016623
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11614
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22079
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IRS990/OtherExpensesGrp/TotalAmt129149
IRS990/OtherExpensesGrp/TotalAmt214530
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013593
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113798
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113798
IRS990/ProgSrvcAccomActy2Grp/Desc0Youth Programs: This program provides youth civility and safety education, reading incentive programs, assistance for disadvantaged youth and youth experiencing homelessness to be successful in school, and scholarships for youth to attend college. 310 youth were served, and five scholarships were awarded.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0229013
IRS990/ProgSrvcAccomActy3Grp/Desc0Library and Museum: This program provides public and virtual access to the Washington Masonic Library and Museum, its exhibits, and its collection of thousand of objects, archival materials, books and images. 812 people visited in person, and 21,159 unique online visitors accessed the web site.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$52.6$0.34$52.2$0.64$1.56$0.93
2024Detailed filing. Detailed filing data is available for this year.$49.2$0.33$48.8$0.67$1.50$0.83
2023Detailed filing. Detailed filing data is available for this year.$45.4$0.26$45.1$0.62$1.30$0.68
2022Detailed filing. Detailed filing data is available for this year.$46.8$0.47$46.3$0.49$1.38$0.89
2021Detailed filing. Detailed filing data is available for this year.$48.7$0.27$48.5$1.15$1.21$0.06
2020Detailed filing. Detailed filing data is available for this year.$38.1$0.63$37.5$0.86$1.25$0.39
2019Detailed filing. Detailed filing data is available for this year.$29.0$0.60$28.4$0.64$1.20$0.56
2018Detailed filing. Detailed filing data is available for this year.$27.8$0.06$27.7$0.43$1.08$0.64
2017Detailed filing. Detailed filing data is available for this year.$27.5$0.07$27.5$0.34$1.08$0.73
2016Detailed filing. Detailed filing data is available for this year.$26.8$0.03$26.8$0.08$0.82$0.74
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.95$0.65$0.30
2014Summary only. Only limited summary data is available for this year.$1.16$0.02$1.14$0.90$0.45$0.45
2013Summary only. Only limited summary data is available for this year.$0.42$0.05$0.37$0.12$0.61$0.49
2012Summary only. Only limited summary data is available for this year.$0.92$0.35$0.57$0.57$0.53$0.04
2011Summary only. Only limited summary data is available for this year.$0.86$0.33$0.53$5.41$1.22$4.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$24.3$3.66$0.96