Illinois Order of Demolay Foundation Inc

Nonprofit profile at a glance

EIN
363044322
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
East Moline, IL, USA
Phone
3097557935
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$25,911
Expenses
$21,509
Assets
$603,152
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Craig A Kennedy (President)
  • Mark Maxwell (Vice President)

People named in this filing

  • Gregory L Clark (Director)
  • Thomas W Podrovitz (Director)
  • Anthony R Cracco (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide support for Illinois demolay, a separate 501(c)3 organization dedicated to preparing young men to lead successful, happy, and productive lives. Demolay opens doors for young men aged 12 to 21 by developing leadership skills so vitally needed in society today. Demolay bases its vision, mission, and purpose on 7 cardinal virtues; filial love, reverence for sacred things, courtesy, comradeship, fidelity, cleanness, and patriotism. Demolay combines this serious mission with a fun approach that builds important bonds of friendship among members in chapters worldwide. In demolay, young men learn personal responsibility, budgeting, leadership, athletics, public speaking, and social skills. Demolay members also have fun in a safe social environment.

What it reported doing in 2024

The express purpose of the Illinois DeMolay Foundation is to raise funds to provide long-term support and stability of the Illinois DeMolay state affiliate of DeMolay International to fulfill its program objectives, contributing to the successful development of the young men who participate in its programs and activities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 93
  • Accountability: 76
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.3%; rating input score 92
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 28.04; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 20.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 25.7% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 92.3% of revenue deployed · 100% of spending went to programs
  • Governance: 18 of 18 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.