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Illinois Masonic Children's Home

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362182048 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Masonic Children's Home?

Illinois Masonic Children's Home is a nonprofit organization situated in Springfield, Illinois. Their primary mission is to support children under their care, ensuring they have the necessary opportunities to reach their full potential. Through their Legacy Program, they provide significant financial resources and case management services to the children and their parents or guardians. The program allows children to participate in various activities such as summer camps, mission trips, swimming lessons, and even college football recruitment, among others. The organization is committed to not only meeting the children's basic needs but also enriching their lives with discoveries. Currently, the nonprofit has 20 children enrolled in this program.


Official website here: www.imchkids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Illinois Masonic Children's Home has received a solid Three-Star rating, reflecting a strong focus on accountability and finance. The charity's overall score is based entirely on financial metrics, showcasing an impressive program expense ratio of 96.93%, indicating that the vast majority of its funds are directed toward its programs rather than administrative costs.

The organization has demonstrated excellent financial management, scoring full points in areas such as material diversion of assets, conflict of interest policy, and whistleblower policy. These factors contribute to a transparent and responsible operational framework, reinforcing donor confidence in the integrity of the organization.

However, while the financial aspect is commendable, potential donors and stakeholders may want to look for broader performance metrics beyond just the accountability and finance score. It can be beneficial to explore the effectiveness of the programs offered and their long-term impact on the community served.


This AI summary has been generated from information found on Charity Navigator.

Is Illinois Masonic Children's Home legitimate?

Illinois Masonic Children's Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Masonic Children's Home submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,538

For more financial information, click here


Official website here: www.imchkids.org

What is the mission statement of Illinois Masonic Children's Home?

The Illinois Masonic Children's Home's mission is to support its children, ensuring they have the necessary opportunities to reach their fullest potential. This is achieved through their Legacy Program, which provides significant financial resources and case management services for the young individuals and their parents or guardians. The home is committed not only to meeting their basic needs but also to helping them live fulfilling lives filled with discoveries. The Legacy Program aims to offer a comprehensive support system, empowering the children to overcome challenges and thrive.


Official website here: www.imchkids.org

Who is the CEO of Illinois Masonic Children's Home?

Franklin E Cline is the President of Illinois Masonic Children's Home.


Official website here: www.imchkids.org

What is the revenue of Illinois Masonic Children's Home?

Illinois Masonic Children's Home's revenue in 2022 was $687,583.


Official website here: www.imchkids.org

Who are the executives of Illinois Masonic Children's Home and what are their salaries?

The average compensation at Illinois Masonic Children's Home during 2022 was $38,423. There are 6 employees and 100 volunteers at Illinois Masonic Children's Home.


Here are 6 key members and their salaries:


Michael Jackson (President)
  • Compensation: $0
  • Related: $5,192
  • Other: $0
David Lynch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Cline (Secretary)
  • Compensation: $0
  • Related: $47,500
  • Other: $0
Anthony Cracco (Treasurer)
  • Compensation: $0
  • Related: $3,577
  • Other: $0
Joseph Ferrell (Senior Grand Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Auston E Gene Smith (Junior Grand Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imchkids.org

Where can I find the form 990 for Illinois Masonic Children's Home?

Illinois Masonic Children's Home's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.imchkids.org

Learn more at the official website: www.imchkids.org

Mission Statement of Illinois Masonic Children's Home

Illinois Masonic Children's Home is dedicated to supporting its young residents, aiming to provide them with the necessary opportunities to realize their full potential. This is achieved through the organization's Legacy Program, which offers substantial financial resources and case management services to both the children and their parents or guardians. The commitment of Illinois Masonic Children's Home extends beyond meeting the children's basic needs; it seeks to enrich their lives with experiences that foster growth and discovery.

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Impact




July, 2024

Illinois Masonic Children's Home's impact is evident in the lives of the young people they serve through their Legacy Program. This program provides significant financial resources and case management services to support children and their families, ensuring they have the opportunities they need to reach their fullest potential. Over the past year, these children have had the chance to attend summer camps, go on mission trips, take swimming lessons, get recruited to play college football, dress up for proms, and much more. With 20 kids already enrolled in the Legacy Program, Illinois Masonic Children's Home is making a tangible difference in the lives of these young individuals, helping them live a life filled with discoveries and opportunities.




This information is meant to be a general summary of Illinois Masonic Children's Home. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$687,583 (2022)
Expenses
$402,189 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $271,504
  • Gross Receipts: $687,583

Assets and Liabilities:

  • Total Assets: $7,352,158
  • Total Liabilities: $16,089
  • Net Assets: $7,336,069

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Organization Details

Founding Year

1885

Principal Officer

Franklin E Cline

Main Address

2866 VIA VERDE, SPRINGFIELD, IL, 62703

NTEE Category

Code: P700 - Human services

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