Masonic Homes of California

What it reported doing in 2024

Masonic outreach program: masonic homes of California knows that many of our constituents prefer to live their lives in their own homes or home communities. Yet many need help coping with the challenges and issues associated with aging. In response, the masonic homes of California offers masonic outreach services (mos) program to better meet the needs of our constituents who wish to remain in their own home or community. Masonic homes' goal is to provide our fraternal family members access to the services and resources they need to stay healthy and safe in their own homes or in retirement facilities in their home communities. Masonic outreach services include, ongoing financial and care support for those with demonstrated need, interim financial and care support (continued on sch. O)for those on the wait list for the masonic homes of California, and information and referrals to community-based senior providers across California. Some clients need help identifying appropriate service providers in their area. Others need help developing a comprehensive care plan that addresses their physical, emotional and financial needs. Mos tailors its services to the needs of the client. For those clients who need financial assistance, a care plan and budget is developed that supports their physical, emotional and social wellbeing. The amount of support clients receive is determined by their needs. As needs change, so does the amount of support. Mos also provides financial and care management support to those with immediate and pressing needs who are on the waiting list for the masonic homes of California. We know waiting can be difficult when your needs are urgent.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 89.4%; rating input score 89
• Fundraising efficiency: $3.81 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Pass
  • 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; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 92.3%; rating input score 92; 41st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -31%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 12.51; rating input score 93; 93rd percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 89; 89th percentile among comparable filings
• Officer compensation ratio: 3.7%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: 5.5% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
• Asset growth: 2.5% per year; rating input score 100; 17th percentile among comparable filings