Civic Intelligence

Washington Masonic Charities

990 • Fiscal year 2020 • EIN 91-1663363

May 01, 2019 to Apr 30, 2020 • Filed on Oct 06, 2020

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

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.73x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$115,669

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

84th percentile

31%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$38,091,313

Up $9,072,001 (+31%) from 2019

Net Assets

Up

$37,462,359

Up $9,038,502 (+32%) from 2019

Liabilities

Up

$628,954

Up $33,499 (+5.6%) from 2019

Revenue

Up

$859,556

Up $224,095 (+35%) from 2019

Expenses

Up

$1,251,056

Up $54,489 (+4.6%) from 2019

Net Income

Up

-$391,500

Up $169,606 (+30%) from 2019

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

2020

Assets$38,091,313
Liabilities$628,954
Net Assets$37,462,359

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

2020

Revenue$859,556
Expenses$1,251,056
Net Income-$391,500
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Oct 6, 2020
Return Version
2019v5.0
Gross Receipts
$859,556
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$909,572$959,876▲ $50,304
Savings and Temporary Cash Investments$255,749$662,918▲ $407,169
Cash and Non-Interest-Bearing Accounts$808,525$425,285▼ $383,240
Land, Buildings, and Equipment, Net$34,119$24,439▼ $9,680
Accounts Receivable$4,559$0▼ $4,559
Prepaid Expenses and Deferred Charges$4,800$2,354▼ $2,446
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$29,019,312$38,091,313▲ $9,072,001
Other Assets Total$27,001,988$36,016,441▲ $9,014,453
Liabilities
Deferred Revenue$535,625$418,406▼ $117,219
Other Liabilities-$132,288-
Accounts Payable and Accrued Expenses$46,489$69,366▲ $22,877
Mortgage Notes Payable Secured by Investment Property$13,341$8,894▼ $4,447
Total Liabilities$595,455$628,954▲ $33,499
Net Assets / Fund Balance
Net Assets With Donor Restrictions$27,440,892$36,384,258▲ $8,943,366
Net Assets Without Donor Restrictions$982,965$1,078,101▲ $95,136
Total Net Assets Fund Balance$28,423,857$37,462,359▲ $9,038,502
Total Liabilities and Net Assets / Fund Balance$29,019,312$38,091,313▲ $9,072,001

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,151$31,910$43,061
Other Land Buildings$12,488$25,908$38,396
Land$800-$800
Other Assets Org$132,288--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$27,001,987$63,929▲ $9,591,875$619,261$36,038,530
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth GibsonExecutive DirectorFT$106,870$8,799$115,669

Board Members and Trustees

NameTitle
Larry FoleyPresident
Ron HornVice President
Bill HubbardTrustee
Cameron BaileyTrustee
Charles WoodTrustee
Chris CoffmanTrustee
Clinton BrownTrustee
Ed WoodsTrustee
James KendallTrustee
Rory JohnsonTrustee
Scot SageserTrustee
Donald CampbellSecretary
Richard TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$588,034
Program Service Revenue
$16,400
Investment Income
$255,122
Other Revenue
$0
All Other Contributions
$588,034
Change in Net Assets
$-391,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$859,556
Revenue Not Reported on Form 990
$9,430,002
Total Revenue per Audited Statements
$10,289,558
Total Revenue per Form 990
$859,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$664,779
Other Expenses$586,277
Total Fundraising Expense$17,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$419,674$22,540-$442,214
Current Officers, Directors, Trustees, and Key Employees$109,774$5,896-$115,670
Occupancy$86,056$8,162-$94,218
Other Employee Benefits$40,149$5,804-$45,953
Payroll Taxes$43,169$2,420-$45,589
Fees for Services Other$33,431$4,448$5,000$42,879
Office Expenses$28,691$2,547$5,296$36,534
Travel$28,279$3,673-$31,952
Pension Plan Contributions$13,352$2,001-$15,353
Other Expenses$9,646$4,326$6,052$13,972
All Other Expenses$9,275$2,121-$11,396
Depreciation Depletion$7,925$1,754-$9,679
Insurance$6,072$409-$6,481
Fees for Services Legal$2,336$83-$2,419
Advertising$1,036$182$1,186$2,404
Total Functional Expenses$1,158,943$74,579$17,534$1,251,056

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,251,056
Total Expenses per Audited Statements$1,251,056
Total Expenses per Form 990$1,251,056
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease liabilities$132,288
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 35% controlled entity
No
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
2020-10-06
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
10
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 Increases

Cahnges in net assets of related party = $9715580

Other Changes In Net Assets Or Fund Balances - Other Decreases

Change in beneficial interest in perpetual trusts = -$217155

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.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Changes in net assets of related party $9715580

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IRS990/Form990PartVIISectionAGrp/PersonNm2Ron Horn
IRS990/Form990PartVIISectionAGrp/PersonNm3Donald Campbell
IRS990/Form990PartVIISectionAGrp/PersonNm4Richard Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm5Cameron Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm6Clinton Brown
IRS990/Form990PartVIISectionAGrp/PersonNm7Chris Coffman
IRS990/Form990PartVIISectionAGrp/PersonNm8Rory Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm9James Kendall
IRS990/Form990PartVIISectionAGrp/PersonNm10Charles Wood
IRS990/Form990PartVIISectionAGrp/PersonNm11Ed Woods
IRS990/Form990PartVIISectionAGrp/PersonNm12Scot Sageser
IRS990/Form990PartVIISectionAGrp/PersonNm13Bill Hubbard
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
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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
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13662
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24326
IRS990/OtherExpensesGrp/ProgramServicesAmt0288260
IRS990/OtherExpensesGrp/ProgramServicesAmt117427
IRS990/OtherExpensesGrp/ProgramServicesAmt214391
IRS990/OtherExpensesGrp/ProgramServicesAmt39646
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IRS990/OtherExpensesGrp/TotalAmt128030
IRS990/OtherExpensesGrp/TotalAmt218053
IRS990/OtherExpensesGrp/TotalAmt313972
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IRS990/PayrollTaxesGrp/TotalAmt045589
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013352
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013683
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12717
IRS990/ProgSrvcAccomActy2Grp/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. 576 people visited in person, and 9,350 unique online visitors accessed the web site.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0204732
IRS990/ProgSrvcAccomActy3Grp/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. 540 youth were served, and 8 scholarships were awarded.
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IRS990/PYProgramServiceRevenueAmt026483
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IRS990/PYTotalExpensesAmt01196567
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0152602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0279682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0282883
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07336
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099395
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0200517
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94400
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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