Is Ancient Free & Accepted Mason Of Connecticut Legit?

Ancient Free & Accepted Mason Of Connecticut demonstrates consistent financial stability, with assets growing from $954,059 in 2014 to $1,601,705 in 2023, and reaching a peak of $2,051,020 in 2021. The organization consistently reports zero liabilities, indicating a very healthy balance sheet and minimal financial risk. Revenue and expenses fluctuate year-to-year, but the organization generally operates with a surplus, contributing to asset growth. For example, in 2023, revenue was $123,680 against expenses of $89,626, resulting in a surplus. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation towards mission-related activities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of officer compensation is a notable strength. Transparency is good in terms of financial reporting, with 13 filings available. However, the NTEE code is unknown, which limits the ability to benchmark against similar organizations. The consistent reporting of zero liabilities and zero officer compensation across multiple years enhances trust in their financial disclosures.