Demolay Foundation of Massachusetts
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The DeMolay Foundation is organized for charitable, religious and educational purposes to assist in the guidance of young men ages 12-21 in physical, mental, and spiritual development through physical education, sportsmanship, fraternal fellowship, citizenship, public speaking and the arts. To instill a respect for parents, country, the schools, and fellow men and to develop a positive philosophy of life that will sustain them in the future.
- Income
- $226,131
- Spending
- $185,301
- Spent on programs
- 83%
- Reserves
- 38.1 months of spending
- Largest source of income
- investment income, 58%
- Employees
- 2
- Volunteers
- 70
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 38.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 92% of charities in its peer group (education, under $250k).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $43,506 spent. Conclave (conference) An annual educational event promoting program planning, civic service, athletics, legislative initiative, rules of order, election of officers, educational workshops, and fraternal growth. This event develops the upcoming years programs, plans, and schedules.
- $13,303 spent. ISC Session and Congress This is a meeting of the members of DeMolay as well as adult and member leaders. Election of international youth and adult officers are held as well as various educational, legislative, and leadership sessions. Also, there is programmed time for the members to socialize with fellow members from around the world and enjoy some fun and activities.
- $8,849 spent. Activities and Athletics Included are the fees for educational, social, and athletic activities which helps to defray the cost of sponsoring these events. These activities and athletic competitions are intended to assist in fulfilling the organizations mission as further described in our mission statement.
- $88,862 spent. Additional program services include degree work, special meetings, honor and award ceremonies, training workshops and education for advisors, planning, and programming sessions. Also included is the infrastructure necessary to support the multitude of program offerings.
- Additional program services include degree work, 88862. 0. 204256.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.