Ancient Accepted Scottish Rite Of Free Masonry Nmj
Scottish Rite Nmj reports significant operating deficit in latest period despite substantial and growing assets.
EIN: 20172115 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $634K |
| Program Spending | 70% |
| Net Assets | $17.2M |
| Transparency Score | 75/100 |
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 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ancient Accepted Scottish Rite Of Free Masonry Nmj
Ancient Accepted Scottish Rite Of Free Masonry Nmj (EIN: 20172115) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $1.0M and total assets of $18.8M 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 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $634K |
| Surplus / Deficit | $-452,111 |
| Total Assets | $17.3M |
| Total Liabilities | $36K |
| Net Assets | $17.2M |
| Operating Margin | -248.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 326.8 months |
Financial Health Grade: B
In 2023, Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a deficit of $452K with expenses exceeding revenue, holds 326.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ancient Accepted Scottish Rite Of Free Masonry Nmj's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.2% | -40.9% | +5.5% |
| 2022 | -9.4% | +69.3% | -7.2% |
| 2021 | +97.3% | -19.2% | +15.3% |
| 2020 | +59.3% | +76.2% | +2.3% |
| 2019 | -45.7% | -17.1% | +2.3% |
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 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ancient Accepted Scottish Rite Of Free Masonry Nmj allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $452K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive compensation is not separately disclosed, which enhances financial efficiency but could reduce transparency if not clearly explained.
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:
- Significant operating deficit in the latest filing period (202307: Revenue $181,619 vs. Expenses $633,730)
- Large fluctuations in annual revenue, making financial forecasting and stability assessment challenging
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency analysis
Strengths
The following positive indicators were identified for Ancient Accepted Scottish Rite Of Free Masonry Nmj:
- Substantial and consistently growing asset base, indicating long-term financial stability ($17,258,981 in 202307)
- Very low liabilities across all periods, demonstrating minimal debt burden and strong financial health
- Consistent reporting of 0% officer compensation, suggesting efficient leadership cost management or volunteer leadership
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: 20172115) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ancient Accepted Scottish Rite Of Free Masonry Nmj spend its money?
Ancient Accepted Scottish Rite Of Free Masonry Nmj directs 70% of its spending to programs and services. Fundraising costs 10%. This meets 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: 20172115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
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 70% to programs, 10% to fundraising. This meets 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 Nashua, New Hampshire and files with the IRS under EIN 20172115.
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 12 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 $1.0M in total revenue.
Why did revenue drop significantly from $1,684,331 in 202207 to $181,619 in 202307?
The IRS 990 filings show a drastic decrease in reported revenue in the latest period, which could be due to a one-time event, a change in reporting, or a significant decline in funding sources. Further investigation into the specific revenue streams would be necessary.
How does the organization cover its expenses when revenue is lower than expenses, as seen in 202307?
In periods where expenses ($633,730 in 202307) exceed revenue ($181,619), the organization likely draws from its substantial asset base ($17,258,981 in 202307) or reserves to cover the deficit. This is sustainable in the short term given their asset size but not long-term without revenue recovery.
What are the primary drivers of the consistent asset growth from $12.6M in 2014 to $17.2M in 2023?
The consistent growth in assets, despite fluctuating revenues, suggests potential strong investment performance, significant non-operating income, or bequests that are not always reflected in annual operating revenue figures. A deeper look into their Statement of Activities and Balance Sheet would clarify this.
Filing History
IRS 990 filing history for Ancient Accepted Scottish Rite Of Free Masonry Nmj showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ancient Accepted Scottish Rite Of Free Masonry Nmj's revenue has declined by 71.7%, moving from $643K to $182K. Total assets increased by 47.5% over the same period, from $11.7M to $17.3M. Total functional expenses rose by 6%, from $598K to $634K. In its most recent filing year (2023), Ancient Accepted Scottish Rite Of Free Masonry Nmj reported a deficit of $452K, with expenses exceeding revenue. The organization holds $36K in liabilities against $17.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $17.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $634K | $17.3M | $36K | — | View 990 |
| 2022 | $1.7M | $1.1M | $16.4M | $29K | — | View 990 |
| 2021 | $1.9M | $633K | $17.6M | $32K | — | View 990 |
| 2020 | $942K | $784K | $15.3M | $23K | — | — |
| 2019 | $591K | $445K | $14.9M | $47K | — | View 990 |
| 2018 | $1.1M | $537K | $14.6M | $25K | — | — |
| 2017 | $820K | $410K | $13.8M | $33K | — | View 990 |
| 2016 | $627K | $612K | $12.8M | $31K | — | View 990 |
| 2015 | $1.5M | $623K | $12.6M | $34K | — | View 990 |
| 2014 | $1.2M | $632K | $12.6M | $27K | — | View 990 |
| 2013 | $793K | $649K | $12.1M | $27K | — | View 990 |
| 2012 | $643K | $598K | $11.7M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $634K, and assets of $17.3M (revenue -89.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.1M, and assets of $16.4M (revenue -9.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $633K, and assets of $17.6M (revenue +97.3% year-over-year).
- 2020: Revenue of $942K, expenses of $784K, and assets of $15.3M (revenue +59.3% year-over-year).
- 2019: Revenue of $591K, expenses of $445K, and assets of $14.9M (revenue -45.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $537K, and assets of $14.6M (revenue +32.8% year-over-year).
- 2017: Revenue of $820K, expenses of $410K, and assets of $13.8M (revenue +30.8% year-over-year).
- 2016: Revenue of $627K, expenses of $612K, and assets of $12.8M (revenue -58.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $623K, and assets of $12.6M (revenue +26.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $632K, and assets of $12.6M (revenue +49.7% year-over-year).
- 2013: Revenue of $793K, expenses of $649K, and assets of $12.1M (revenue +23.4% year-over-year).
- 2012: Revenue of $643K, expenses of $598K, and assets of $11.7M.
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.