Square & Compass Club Inc

Nonprofit profile at a glance

EIN
036011524
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Barre, VT, USA
Phone
8024799179
Rating
34
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$96,769
Expenses
$148,372
Assets
$18,939
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Jon Hosford (President)
  • Tim Collins (Vice-President & Secretary)

People named in this filing

  • Jon Hosford (President)
  • David Sanguinetti (Treasurer)
  • Tim Collins (Vice-President & Secretary)

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

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

Overview

Mission

The organization's membership is limited to members of Granite Lodge #35, F&AM, who each pay an additional membership fee of $2 per year to be members of the Square and Compass Club, Inc. ("S&C Club"). The S&C Club is the primary fund-raising operation for Granite Lodge #35. We use all proceeds, after paying operating costs, to provide funding to 501c(3) charitable organizations that support a variety of charitable causes. No donations are made to political organizations. Donations are generally in the amount of $5,000 or less. We have no direct affiliation or other formal ties with any of the recipient organizations. The Board of Directors of S&C Club annually reviews a listing of charitable organizations requesting donations at an open meeting and donations are agreed upon by majority vote of all present. All but one of the charitable orgs is US domiciled, all acknowledged our gift, & confirmed that no goods or services were received in exchange for the donation.

What it reported doing in 2024

The organization's membership is limited to members of Granite Lodge #35, Free and Accepted Masons, who each pay an additional membership fee of $2 per year to be members of the Square and Compass Club, Inc. ("S&C Club"). The S&C Club is the primary fund-raising operation for Granite Lodge #35. We use all proceeds, after paying operating costs, to provide funding to 501c(3) charitable organizations that support a variety of charitable causes. No donations are made to political organizations. Donations are generally in the amount of $5,000 or less to each charitable organization. We have no direct affiliation or other formal ties with any of the recipient organizations. The Board of Directors of S&C Club annually reviews a listing of charitable organizations requesting donations at an open meeting and donations are agreed upon by majority vote of all present. All of the charitable organizations acknowledged our gift, confirmed that no goods or services were received in exchange for our donation, and were primarily U.S. domiciled organizations.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -53.3%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -1.1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: -22.6% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.