Ancient Accepted Scottish Rite Of Freemasonry Nmj
Ancient Accepted Scottish Rite Of Freemasonry Nmj consistently maintains financial surplus and growing assets with no reported officer compensation.
EIN: 10378060 · Fayette, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $634K |
| Total Expenses | $44K |
| Program Spending | 80% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Ancient Accepted Scottish Rite Of Freemasonry Nmj Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ancient Accepted Scottish Rite Of Freemasonry 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 Freemasonry Nmj
Ancient Accepted Scottish Rite Of Freemasonry Nmj (EIN: 10378060) is a nonprofit organization based in Fayette, ME. The organization reported total revenue of $634K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancient Accepted Scottish Rite Of Freemasonry 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 Freemasonry Nmj is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $44K |
| Surplus / Deficit | +$30K |
| Total Assets | $1.8M |
| Total Liabilities | $462 |
| Net Assets | $1.8M |
| Operating Margin | 40.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 479.5 months |
Financial Health Grade: A
In 2023, Ancient Accepted Scottish Rite Of Freemasonry Nmj reported a surplus of $30K with revenue exceeding expenses, holds 479.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Ancient Accepted Scottish Rite Of Freemasonry Nmj's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.4% | -21.0% | +1.9% |
| 2022 | +68.0% | +6.0% | +2.6% |
| 2021 | -51.3% | +36.8% | +9.2% |
| 2020 | +157.2% | -15.9% | -3.7% |
| 2019 | -31.4% | -13.1% | +14.3% |
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 Freemasonry 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 Freemasonry 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly favorable for donor confidence and resource allocation.
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.
Strengths
The following positive indicators were identified for Ancient Accepted Scottish Rite Of Freemasonry Nmj:
- Consistent financial surplus, indicating sound financial management (e.g., 2023 revenue $73,552 vs. expenses $44,002).
- Steady growth in assets over the past decade, from $1,268,326 in 2015 to $1,758,121 in 2023.
- Zero reported officer compensation across all filings, demonstrating a volunteer-driven leadership and efficient use of funds.
- Low liabilities, consistently under $500 in recent years, indicating minimal debt burden.
Frequently Asked Questions about Ancient Accepted Scottish Rite Of Freemasonry Nmj
Is Ancient Accepted Scottish Rite Of Freemasonry Nmj a legitimate charity?
Ancient Accepted Scottish Rite Of Freemasonry Nmj (EIN: 10378060) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $634K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Ancient Accepted Scottish Rite Of Freemasonry Nmj spend its money?
Ancient Accepted Scottish Rite Of Freemasonry 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 Freemasonry Nmj tax-deductible?
Ancient Accepted Scottish Rite Of Freemasonry Nmj is registered as a tax-exempt nonprofit (EIN: 10378060). 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 Freemasonry Nmj's spending goes to programs?
Ancient Accepted Scottish Rite Of Freemasonry Nmj directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ancient Accepted Scottish Rite Of Freemasonry Nmj located?
Ancient Accepted Scottish Rite Of Freemasonry Nmj is headquartered in Fayette, Maine and files with the IRS under EIN 10378060.
How many years of IRS 990 filings does Ancient Accepted Scottish Rite Of Freemasonry Nmj have?
Ancient Accepted Scottish Rite Of Freemasonry Nmj has 13 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 $634K in total revenue.
Is Ancient Accepted Scottish Rite Of Freemasonry Nmj a good charity?
Based on the available financial data, the organization appears to be well-managed, consistently operating with a surplus and growing assets. The absence of officer compensation is a significant positive indicator. However, without detailed program spending information, a complete assessment of its charitable impact is limited.
How does Ancient Accepted Scottish Rite Of Freemasonry Nmj manage its expenses?
The organization consistently keeps its expenses below its revenue, as evidenced by the 2023 filing where expenses were $44,002 against revenues of $73,552. This indicates a fiscally conservative approach to spending.
What is the trend in Ancient Accepted Scottish Rite Of Freemasonry Nmj's assets?
Ancient Accepted Scottish Rite Of Freemasonry Nmj has shown consistent asset growth, increasing from $1,268,326 in 2015 to $1,758,121 in 2023, indicating strong financial health and accumulation of resources.
Filing History
IRS 990 filing history for Ancient Accepted Scottish Rite Of Freemasonry Nmj showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Ancient Accepted Scottish Rite Of Freemasonry Nmj's revenue has declined by 36.9%, moving from $116K to $74K. Total assets increased by 47.8% over the same period, from $1.2M to $1.8M. Total functional expenses fell by 11.2%, from $50K to $44K. In its most recent filing year (2023), Ancient Accepted Scottish Rite Of Freemasonry Nmj reported a surplus of $30K, with revenue exceeding expenses. The organization holds $462 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $44K | $1.8M | $462 | — | — |
| 2022 | $111K | $56K | $1.7M | $233 | — | — |
| 2021 | $66K | $53K | $1.7M | $394 | — | View 990 |
| 2020 | $135K | $38K | $1.5M | $327 | — | View 990 |
| 2019 | $53K | $46K | $1.6M | $327 | — | View 990 |
| 2018 | $77K | $53K | $1.4M | $325 | — | View 990 |
| 2017 | $146K | $55K | $1.5M | $24 | — | — |
| 2016 | $43K | $51K | $1.4M | $329 | — | View 990 |
| 2015 | $47K | $46K | $1.3M | $386 | — | View 990 |
| 2014 | $59K | $41K | $1.3M | $153 | — | View 990 |
| 2013 | $31K | $31K | $1.2M | $153 | — | View 990 |
| 2013 | $116K | $45K | $1.3M | $153 | — | View 990 |
| 2012 | $116K | $50K | $1.2M | $122 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $44K, and assets of $1.8M (revenue -33.4% year-over-year).
- 2022: Revenue of $111K, expenses of $56K, and assets of $1.7M (revenue +68.0% year-over-year).
- 2021: Revenue of $66K, expenses of $53K, and assets of $1.7M (revenue -51.3% year-over-year).
- 2020: Revenue of $135K, expenses of $38K, and assets of $1.5M (revenue +157.2% year-over-year).
- 2019: Revenue of $53K, expenses of $46K, and assets of $1.6M (revenue -31.4% year-over-year).
- 2018: Revenue of $77K, expenses of $53K, and assets of $1.4M (revenue -47.5% year-over-year).
- 2017: Revenue of $146K, expenses of $55K, and assets of $1.5M (revenue +235.6% year-over-year).
- 2016: Revenue of $43K, expenses of $51K, and assets of $1.4M (revenue -7.2% year-over-year).
- 2015: Revenue of $47K, expenses of $46K, and assets of $1.3M (revenue -20.9% year-over-year).
- 2014: Revenue of $59K, expenses of $41K, and assets of $1.3M (revenue +92.6% year-over-year).
- 2013: Revenue of $31K, expenses of $31K, and assets of $1.2M (revenue -73.5% year-over-year).
- 2013: Revenue of $116K, expenses of $45K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2012: Revenue of $116K, expenses of $50K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ancient Accepted Scottish Rite Of Freemasonry Nmj:
Data Sources and Methodology
This transparency report for Ancient Accepted Scottish Rite Of Freemasonry 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.