Is Valley Freemasons Building Association Of Connecticut Legit?
Quick charity verification for Valley Freemasons Building Association Of Connecticut (EIN: 202539188)
Verdict: Valley Freemasons Building Association Of Connecticut appears trustworthy
75/100Mission Score
$26KRevenue
$433KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in most years (e.g., $44,310 expenses vs. $30,348 revenue in 2023).
Declining asset base over the past decade (from $736,006 in 2014 to $451,423 in 2023), suggesting reliance on reserves to cover deficits.
Negative revenue reported in 2016 ($-36,987), which could indicate a significant one-time event or accounting adjustment.
Strengths
Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Consistently reports zero liabilities, demonstrating strong financial management and no reliance on debt.
Maintains a substantial asset base ($451,423 in 2023) relative to its annual revenue, providing financial stability.
Spending Breakdown
How Valley Freemasons Building Association Of Connecticut allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Valley Freemasons Building Association Of Connecticut
Is Valley Freemasons Building Association Of Connecticut a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley Freemasons Building Association Of Connecticut (EIN: 202539188) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Valley Freemasons Building Association Of Connecticut a good charity to donate to?
Valley Freemasons Building Association Of Connecticut has a Mission Score of 75/100. Revenue: $26K. Assets: $433K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Valley Freemasons Building Association Of Connecticut?
The Employer Identification Number (EIN) for Valley Freemasons Building Association Of Connecticut is 202539188. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Valley Freemasons Building Association Of Connecticut spend its money?
Valley Freemasons Building Association Of Connecticut allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Valley Freemasons Building Association Of Connecticut's tax-exempt status?
You can verify Valley Freemasons Building Association Of Connecticut's tax-exempt status using EIN 202539188 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Valley Freemasons Building Association Of Connecticut appears to be a financially stable organization, primarily focused on maintaining its building assets. Over the past decade, the organization has consistently reported zero liabilities, indicating a strong balance sheet and no reliance on debt. While revenue has fluctuated, with a notable negative revenue in 2016, the organization has maintained significant assets, currently at $451,423 as of 2023. The consistent reporting of 0% officer compensation across all filings demonstrates a commitment to volunteer leadership and efficient use of funds, enhancing its transparency and public trust. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in most years, such as $44,310 in expenses against $30,348 in revenue in 2023, suggesting a reliance on existing assets or prior reserves to cover operational costs.