Masonic Home and School of Texas
Nonprofit profile at a glance
- EIN
- 751528075
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Keller, TX, USA
- Phone
- 8175031500
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Residential Care & Adult Day Programs
Reported finances
- Revenue
- $5,686,142
- Expenses
- $5,209,214
- Assets
- $156,567,259
- Liabilities
- $1,805,457
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ZACHARY HASTON (PRESIDENT/DI)
Highest reported compensation
- TOM SERFASS (CFO/CIO): $196,716 total reported compensation
- SHANNON DAVIS (EXECUTIVE DI): $141,908 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the quality of life for children and families of Texas.
What it reported doing in 2024
Masonic home and school of Texas partners with child study center in fort worth, tx and the university of houston, clear lake, to provide a free parent autism training program. Experts at the center provide parents with valuable tools and techniques to help their child learn new skills during this two week intensive program. Although it is not a cure for autism, the program addresses significant challenges children with the disease face. Families have seen a drastic reduction in their most challenging behaviors after leaving the center. Through our partnership, we are helping families live better lives during the 2024-2025 year, the organization assisted 263 families.
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 66% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 67
- Accountability: 95
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.8%; rating input score 90
- Program expense ratio: 80.1%; rating input score 80
- Fundraising efficiency: $2.99 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.4%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 30.06; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 89.8% of revenue deployed · 80.1% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $4.2M in reported program spending
- Leadership: top reported pay $197K · 7 people listed · 2 of 6 pay-setting controls reported
- Consistency: 38 of 38 current checks pass
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Sustainability: Operating margin scored 59/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.