Masonic Charity Foundation of Oklahoma

Nonprofit profile at a glance

EIN
736097262
IRS 990-PF coverage
2010–2024
Forms available
Form 990-PF 2024
Location
Edmond, OK, USA
Phone
4053487500
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Nursing, Convalescent Facilities

Reported finances

Revenue
$3,176,334
Expenses
$5,299,424

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

Overview

Mission

Nursing, Convalescent Facilities

What it reported funding in 2024

The foundation reported 40 filed grant rows totaling $3,835,676. The stated grant purposes included feed the hungry of eastern oklahoma, to assist veterans with administration claims process, and ok masonic youth org annual donation, plus 29 other reported purposes.

Operating model

Revenue model
Investment-supported. 76% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 88% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Grant Deployment: 84
  • Cost Efficiency: 72
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 74

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 84.1%; rating input score 84; 19th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 72.4%; rating input score 72; 31st percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 27.42; rating input score 74; 74th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 84.1% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 74th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 45 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.