Overview
What is Masonic Home And School Of Texas?
The Masonic Home and School of Texas is a compassionate nonprofit organization, situated in Keller, Texas. Their primary mission is to uplift needy and deserving children residing within the state by offering information, referrals, and financial aid for various children's services. During the 2021-2022 period, they extended assistance to over 800 children. The organization accomplishes this mission by collaborating with third-party providers and providing financial support for the care and upkeep of qualified applicants through these providers. Their ultimate goal is to enhance the quality of life for children and families in Texas. The nonprofit employs a modest workforce of seven individuals.
Official website here: www.mhstx.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
Masonic Home And School Of Texas has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. With an overall score of 94%, the organization excels particularly in financial management, achieving a perfect score in several areas such as independent board members, financial audits, and absence of asset diversion. The program expense ratio is notably high at 79.55%, indicating that a significant portion of funds is directed toward its programs rather than administrative costs.
The organization also demonstrates a commitment to good governance practices, with clear policies in place for conflict of interest, whistleblowing, and document retention. These measures contribute to a transparent operational framework that fosters trust among stakeholders. The independent board's structure further supports its accountability, ensuring that the organization is managed effectively.
However, while the organization scored well in accountability, it received a slightly lower score in culture and community at 75%. This indicates that there may be areas for improvement in engaging with the community or addressing equity strategies. Overall, Masonic Home And School Of Texas is a well-managed nonprofit with a strong focus on financial health and governance, but there is potential for growth in its cultural and community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Home And School Of Texas legitimate?
Masonic Home And School Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Home And School Of Texas 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: $330,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,816
For more financial information, click here
Official website here: www.mhstx.org
What is the mission statement of Masonic Home And School Of Texas?
The mission of Masonic Home and School of Texas, as stated, is centered around enhancing the quality of life for children and families in Texas. The organization achieves this by offering assistance to qualifying children and families through third-party providers. This aid extends to providing financial support for the care and maintenance of eligible applicants through these providers. The primary objective of Masonic Home and School of Texas is to make a positive impact on the lives of these children and families in their home state. During the 2021-2022 year, over 800 children benefited from the organization's services, which include information, referral, and/or financial support for children's services.
Official website here: www.mhstx.org
What is the revenue of Masonic Home And School Of Texas?
Masonic Home And School Of Texas's revenue in 2024 was $5,920,280.
Official website here: www.mhstx.org
Who are the executives of Masonic Home And School Of Texas and what are their salaries?
The average compensation at Masonic Home And School Of Texas during 2024 was $96,127. There are 7 employees and 3275 volunteers at Masonic Home And School Of Texas.
Here are 7 key members and their salaries:
- Compensation: $171,318
- Related: $0
- Other: $14,723
- Compensation: $109,718
- Related: $0
- Other: $20,201
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mhstx.org
Where can I find the form 990 for Masonic Home And School Of Texas?
Masonic Home And School Of Texas's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mhstx.org
Learn more at the official website: www.mhstx.org
Mission Statement of Masonic Home And School Of Texas
Masonic Home and School of Texas is committed to enhancing the quality of life for children and families residing in Texas. To achieve this, the organization provides assistance to qualifying children and families through third-party providers. They offer financial support for the care and maintenance of eligible applicants, ensuring that these children receive the necessary services they require. The organization, during the 2021-2022 year, aided over 800 children by providing them with information, referrals, or financial support for children's services.
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Impact
July, 2024
Masonic Home And School Of Texas has a significant impact on the lives of children and families in Texas. By providing assistance through third-party providers and offering financial support for qualifying applicants, the organization ensures that over 800 children each year receive the help they need. Through their mission to improve the quality of life for Texas children and families, Masonic Home And School Of Texas plays a crucial role in supporting those in need and fostering a better future for the community.
This information is meant to be a general summary of Masonic Home And School Of Texas. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,974,653
- Program Service Revenue: $202,220
- Gross Receipts: $17,997,380
Assets and Liabilities:
- Total Assets: $122,826,906
- Total Liabilities: $424,412
- Net Assets: $122,402,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MASONIC WIDOWS
Revenue
$202,220
Organization Details
Founding Year
1976
Principal Officer
Shannon Davis
Website
www.mhstx.orgNTEE Category
Code: P700 - Human services
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