Hood Canal Masonic Scholarship Foundation
- Assets
- $86.0k
- Revenue
- $736.0
- Investments
- $84.4k
- Employees
- 0
- Location
- Belfair, WA
- Founding
- 10/2003
- Data as of
- 03/2024
- EIN
- 37-1453351
Organization Overview
Hood Canal Masonic Scholarship Foundation is located in Belfair, WA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hood Canal Masonic Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Hood Canal Masonic Scholarship Foundation generated $736.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $6.0k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheri A Pruitt Vice Chairma | 0 | $0 | |
Dan Voorhees Chairman | 0 | $0 | |
Rodney P Reid Treasurer | 0 | $0 | |
Bernice Zachau Member At La | 0 | $0 | |
Herman Nelson Member At La | 0 | $0 | |
Vicki Voorhees Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,928 |
| Capital Gain Net Income | $485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,007 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $6,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,263 |
| Savings and temporary cash investments | $308 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $84,383 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $85,954 |
| Accounts payable and accrued expenses | $950 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $950 |
Grants Awarded
Over the last fiscal year, Hood Canal Masonic Scholarship Foundation has awarded $4,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EMMETT WALTER BRYZ-GORNIA PURPOSE: EDUCATION | $1,500 |
SPENCER MICHAEL PRUITT PURPOSE: EDUCATION | $1,500 |
SARAH MARIE PRUITT PURPOSE: EDUCATION | $1,000 |