Ancient Accepted Scottish Rite Of Free Masonry Nmj
Ancient Accepted Scottish Rite Of Free Masonry Nmj maintains strong asset growth and zero executive compensation amidst fluctuating revenues.
EIN: 10112977 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $194K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.0M |
| Transparency Score | 85/100 |
Is Ancient Accepted Scottish Rite Of Free Masonry Nmj Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ancient Accepted Scottish Rite Of Free Masonry Nmj directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ancient Accepted Scottish Rite Of Free Masonry Nmj
Ancient Accepted Scottish Rite Of Free Masonry Nmj (EIN: 10112977) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $3.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancient Accepted Scottish Rite Of Free Masonry Nmj's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ancient Accepted Scottish Rite Of Free Masonry Nmj is a mid-size nonprofit that has been operating for 86 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $622K |
| Total Expenses | $194K |
| Surplus / Deficit | +$428K |
| Total Assets | $7.0M |
| Total Liabilities | $4K |
| Net Assets | $7.0M |
| Operating Margin | 68.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 433.7 months |
Financial Health Grade: A
In 2024, Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a surplus of $428K with revenue exceeding expenses, holds 433.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Ancient Accepted Scottish Rite Of Free Masonry Nmj's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +196.9% | -8.4% | +13.2% |
| 2023 | -26.2% | +19.9% | +4.3% |
| 2022 | -44.9% | +5.9% | -9.8% |
| 2021 | -15.2% | +2.4% | +25.9% |
| 2020 | -49.6% | -0.2% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ancient Accepted Scottish Rite Of Free Masonry Nmj with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ancient Accepted Scottish Rite Of Free Masonry Nmj allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $428K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets exceeding $7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ancient Accepted Scottish Rite Of Free Masonry Nmj's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific mission focus and comparative analysis.
- Significant year-over-year revenue fluctuations, such as $1,205,970 in 2019 down to $209,462 in 2023, could indicate reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for Ancient Accepted Scottish Rite Of Free Masonry Nmj:
- Consistent asset growth, increasing from $3,853,522 in 2015 to $7,024,567 in 2024.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Low and stable expenses relative to revenue, demonstrating strong cost control (e.g., $194,363 expenses vs. $621,865 revenue in 2024).
- Minimal to no liabilities reported in most years, indicating a healthy balance sheet.
Frequently Asked Questions about Ancient Accepted Scottish Rite Of Free Masonry Nmj
Is Ancient Accepted Scottish Rite Of Free Masonry Nmj a legitimate charity?
Based on AI analysis of IRS 990 filings, Ancient Accepted Scottish Rite Of Free Masonry Nmj (EIN: 10112977) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ancient Accepted Scottish Rite Of Free Masonry Nmj spend its money?
Ancient Accepted Scottish Rite Of Free Masonry Nmj directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ancient Accepted Scottish Rite Of Free Masonry Nmj tax-deductible?
Ancient Accepted Scottish Rite Of Free Masonry Nmj is registered as a tax-exempt nonprofit (EIN: 10112977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ancient Accepted Scottish Rite Of Free Masonry Nmj CEO make?
Ancient Accepted Scottish Rite Of Free Masonry Nmj's highest-compensated officer earns $7 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ancient Accepted Scottish Rite Of Free Masonry Nmj located?
Ancient Accepted Scottish Rite Of Free Masonry Nmj is headquartered in Portland, Maine and files with the IRS under EIN 10112977.
How many years of IRS 990 filings does Ancient Accepted Scottish Rite Of Free Masonry Nmj have?
Ancient Accepted Scottish Rite Of Free Masonry Nmj has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Is Ancient Accepted Scottish Rite Of Free Masonry Nmj a good charity?
Based on the provided financial data, the organization appears to be a financially sound and well-managed entity. Its consistent asset growth, low expenses relative to revenue, and zero officer compensation are strong positive indicators. However, without specific details on program activities and their impact, a full assessment of 'goodness' is limited to financial health and efficiency.
How does Ancient Accepted Scottish Rite Of Free Masonry Nmj manage its expenses?
The organization demonstrates excellent expense management, consistently keeping annual expenses below $225,000 even with revenues sometimes exceeding $1 million. For example, in 2024, expenses were $194,363 against revenues of $621,865, showing a lean operational structure.
What is the trend in Ancient Accepted Scottish Rite Of Free Masonry Nmj's assets?
Ancient Accepted Scottish Rite Of Free Masonry Nmj has shown a strong and consistent upward trend in assets, growing from $3,853,522 in 2015 to $7,024,567 in 2024, indicating effective financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Ancient Accepted Scottish Rite Of Free Masonry Nmj showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Ancient Accepted Scottish Rite Of Free Masonry Nmj's revenue has grown by 356.3%, moving from $136K to $622K. Total assets increased by 152.5% over the same period, from $2.8M to $7.0M. Total functional expenses rose by 67.9%, from $116K to $194K. In its most recent filing year (2024), Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a surplus of $428K, with revenue exceeding expenses. The organization holds $4K in liabilities against $7.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $622K | $194K | $7.0M | $4K | — | — |
| 2023 | $209K | $212K | $6.2M | $9K | — | View 990 |
| 2022 | $284K | $177K | $6.0M | $1K | — | View 990 |
| 2021 | $515K | $167K | $6.6M | $784 | — | View 990 |
| 2020 | $607K | $163K | $5.2M | $0 | — | View 990 |
| 2019 | $1.2M | $164K | $4.9M | $0 | — | View 990 |
| 2018 | $365K | $222K | $4.6M | $0 | — | View 990 |
| 2017 | $260K | $151K | $4.2M | $0 | — | View 990 |
| 2016 | $142K | $170K | $3.9M | $0 | — | View 990 |
| 2015 | $216K | $130K | $3.9M | $0 | — | View 990 |
| 2014 | $258K | $172K | $3.7M | $0 | — | View 990 |
| 2013 | $283K | $115K | $3.4M | $0 | — | View 990 |
| 2012 | $217K | $136K | $3.0M | $0 | — | View 990 |
| 2011 | $136K | $116K | $2.8M | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $622K, expenses of $194K, and assets of $7.0M (revenue +196.9% year-over-year).
- 2023: Revenue of $209K, expenses of $212K, and assets of $6.2M (revenue -26.2% year-over-year).
- 2022: Revenue of $284K, expenses of $177K, and assets of $6.0M (revenue -44.9% year-over-year).
- 2021: Revenue of $515K, expenses of $167K, and assets of $6.6M (revenue -15.2% year-over-year).
- 2020: Revenue of $607K, expenses of $163K, and assets of $5.2M (revenue -49.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $164K, and assets of $4.9M (revenue +230.6% year-over-year).
- 2018: Revenue of $365K, expenses of $222K, and assets of $4.6M (revenue +40.2% year-over-year).
- 2017: Revenue of $260K, expenses of $151K, and assets of $4.2M (revenue +82.7% year-over-year).
- 2016: Revenue of $142K, expenses of $170K, and assets of $3.9M (revenue -33.9% year-over-year).
- 2015: Revenue of $216K, expenses of $130K, and assets of $3.9M (revenue -16.4% year-over-year).
- 2014: Revenue of $258K, expenses of $172K, and assets of $3.7M (revenue -8.8% year-over-year).
- 2013: Revenue of $283K, expenses of $115K, and assets of $3.4M (revenue +30.4% year-over-year).
- 2012: Revenue of $217K, expenses of $136K, and assets of $3.0M (revenue +59.1% year-over-year).
- 2011: Revenue of $136K, expenses of $116K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ancient Accepted Scottish Rite Of Free Masonry Nmj:
Data Sources and Methodology
This transparency report for Ancient Accepted Scottish Rite Of Free Masonry Nmj is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.