Ancient Accepted Scottish Rite Of Free Masonry Nmj
Ancient Accepted Scottish Rite Of Free Masonry Nmj maintains strong asset growth with zero officer compensation.
EIN: 10144835 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $105K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.1M |
| 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 80% 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: 10144835) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $1.6M and total assets of $4.5M 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 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $105K |
| Surplus / Deficit | +$253K |
| Total Assets | $4.1M |
| Total Liabilities | $21K |
| Net Assets | $4.1M |
| Operating Margin | 70.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 468.3 months |
Financial Health Grade: A
In 2024, Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a surplus of $253K with revenue exceeding expenses, holds 468.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (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 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +233.7% | +0.1% | +13.1% |
| 2023 | -36.1% | +10.7% | +4.7% |
| 2022 | -22.9% | +9.1% | -9.5% |
| 2021 | -36.3% | -32.8% | +26.2% |
| 2020 | -52.2% | -13.5% | +6.0% |
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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ancient Accepted Scottish Rite Of Free Masonry Nmj allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $253K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets exceeding $4 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 Unknown (limits understanding of mission alignment)
- Lack of detailed expense breakdown (prevents precise program efficiency analysis)
Strengths
The following positive indicators were identified for Ancient Accepted Scottish Rite Of Free Masonry Nmj:
- Consistent asset growth (from $2.3M in 2015 to $4.08M in 2024)
- Zero officer compensation (indicates volunteer leadership and efficient use of funds)
- Healthy financial surpluses (revenue generally exceeds expenses, e.g., $358,025 revenue vs $104,734 expenses in 2024)
- Low liabilities relative to assets (e.g., $21,237 liabilities vs $4,086,918 assets in 2024)
Frequently Asked Questions about Ancient Accepted Scottish Rite Of Free Masonry Nmj
Is Ancient Accepted Scottish Rite Of Free Masonry Nmj a legitimate charity?
Ancient Accepted Scottish Rite Of Free Masonry Nmj (EIN: 10144835) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Ancient Accepted Scottish Rite Of Free Masonry Nmj spend its money?
Ancient Accepted Scottish Rite Of Free Masonry Nmj directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
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: 10144835). 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 $4 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ancient Accepted Scottish Rite Of Free Masonry Nmj's spending goes to programs?
Ancient Accepted Scottish Rite Of Free Masonry Nmj directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
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 10144835.
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 $1.6M in total revenue.
Is Ancient Accepted Scottish Rite Of Free Masonry Nmj a good charity?
Based on the available financial data, the organization appears to be well-managed, with consistent asset growth and a strong financial position. The absence of officer compensation is a significant positive indicator of its commitment to its mission and efficient use of funds. However, without detailed program spending information, a full assessment of its charitable impact is limited.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth. Its assets have increased from $2,301,006 in 2015 to $4,086,918 in 2024. Revenue and expenses have fluctuated, but generally, revenue has outpaced expenses, leading to healthy surpluses and asset accumulation.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its executive leadership operates on a volunteer basis, which is a strong positive for financial efficiency and donor trust.
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 71.4%, moving from $209K to $358K. Total assets increased by 106.9% over the same period, from $2.0M to $4.1M. Total functional expenses fell by 34.3%, from $159K to $105K. In its most recent filing year (2024), Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a surplus of $253K, with revenue exceeding expenses. The organization holds $21K in liabilities against $4.1M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $358K | $105K | $4.1M | $21K | — | — |
| 2023 | $107K | $105K | $3.6M | $21K | — | View 990 |
| 2022 | $168K | $94K | $3.5M | $21K | — | View 990 |
| 2021 | $218K | $87K | $3.8M | $20K | — | View 990 |
| 2020 | $342K | $129K | $3.0M | $775 | — | — |
| 2019 | $716K | $149K | $2.9M | $1K | — | View 990 |
| 2018 | $217K | $144K | $2.7M | $7K | — | View 990 |
| 2017 | $149K | $109K | $2.5M | $0 | — | View 990 |
| 2016 | $97K | $112K | $2.4M | $0 | — | View 990 |
| 2015 | $205K | $91K | $2.3M | $0 | — | View 990 |
| 2014 | $197K | $132K | $2.2M | $1K | — | View 990 |
| 2013 | $248K | $502K | $2.0M | $1K | — | View 990 |
| 2012 | $244K | $155K | $2.2M | $2K | — | View 990 |
| 2011 | $209K | $159K | $2.0M | $486 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $358K, expenses of $105K, and assets of $4.1M (revenue +233.7% year-over-year).
- 2023: Revenue of $107K, expenses of $105K, and assets of $3.6M (revenue -36.1% year-over-year).
- 2022: Revenue of $168K, expenses of $94K, and assets of $3.5M (revenue -22.9% year-over-year).
- 2021: Revenue of $218K, expenses of $87K, and assets of $3.8M (revenue -36.3% year-over-year).
- 2020: Revenue of $342K, expenses of $129K, and assets of $3.0M (revenue -52.2% year-over-year).
- 2019: Revenue of $716K, expenses of $149K, and assets of $2.9M (revenue +229.4% year-over-year).
- 2018: Revenue of $217K, expenses of $144K, and assets of $2.7M (revenue +45.9% year-over-year).
- 2017: Revenue of $149K, expenses of $109K, and assets of $2.5M (revenue +53.8% year-over-year).
- 2016: Revenue of $97K, expenses of $112K, and assets of $2.4M (revenue -52.7% year-over-year).
- 2015: Revenue of $205K, expenses of $91K, and assets of $2.3M (revenue +4.1% year-over-year).
- 2014: Revenue of $197K, expenses of $132K, and assets of $2.2M (revenue -20.5% year-over-year).
- 2013: Revenue of $248K, expenses of $502K, and assets of $2.0M (revenue +1.3% year-over-year).
- 2012: Revenue of $244K, expenses of $155K, and assets of $2.2M (revenue +17.0% year-over-year).
- 2011: Revenue of $209K, expenses of $159K, and assets of $2.0M.
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.