Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies
EIN: 560337050 · New Bern, NC
Is Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies
Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies (EIN: 560337050) is a nonprofit organization based in New Bern, NC. The organization reported total revenue of $313K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $303K |
| Total Expenses | $152K |
| Surplus / Deficit | +$151K |
| Total Assets | $1.0M |
| Total Liabilities | $84K |
| Net Assets | $917K |
| Operating Margin | 49.9% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 79.1 months |
Financial Health Grade: A
In 2023, Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies reported a surplus of $151K with revenue exceeding expenses, holds 79.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.7% | -48.9% | +17.9% |
| 2022 | -51.2% | +85.3% | -15.0% |
| 2021 | +30.2% | +13.7% | +17.9% |
| 2019 | -295.9% | -3.6% | -29.5% |
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 Analysis Pending
AI enrichment for Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $151K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies
Is Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies a legitimate charity?
Based on AI analysis of IRS 990 filings, Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies (EIN: 560337050) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies spend its money?
Detailed spending breakdown data is not yet available for Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies. Check back for updated IRS 990 analysis.
Are donations to Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies tax-deductible?
Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies is registered as a tax-exempt nonprofit (EIN: 560337050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies's revenue has grown by 35.8%, moving from $223K to $303K. Total assets increased by 14% over the same period, from $878K to $1.0M. Total functional expenses fell by 37.9%, from $245K to $152K. In its most recent filing year (2023), Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies reported a surplus of $151K, with revenue exceeding expenses. The organization holds $84K in liabilities against $1.0M in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $917K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $303K | $152K | $1.0M | $84K | — | — |
| 2022 | $152K | $297K | $849K | $83K | — | View 990 |
| 2021 | $311K | $160K | $999K | $87K | — | — |
| 2020 | $239K | $141K | $847K | $87K | — | — |
| 2019 | $-151,485 | $162K | $749K | $86K | — | View 990 |
| 2018 | $77K | $168K | $1.1M | $86K | — | View 990 |
| 2017 | $278K | $181K | $1.1M | $70K | — | View 990 |
| 2016 | $194K | $239K | $1.0M | $66K | — | View 990 |
| 2015 | $241K | $189K | $1.1M | $73K | — | View 990 |
| 2014 | $226K | $253K | $1.0M | $78K | — | View 990 |
| 2013 | $308K | $179K | $1.1M | $78K | — | View 990 |
| 2012 | $282K | $219K | $963K | $100K | — | View 990 |
| 2011 | $223K | $245K | $878K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $303K, expenses of $152K, and assets of $1.0M (revenue +99.7% year-over-year).
- 2022: Revenue of $152K, expenses of $297K, and assets of $849K (revenue -51.2% year-over-year).
- 2021: Revenue of $311K, expenses of $160K, and assets of $999K (revenue +30.2% year-over-year).
- 2020: Revenue of $239K, expenses of $141K, and assets of $847K.
- 2019: Revenue of $-151,485, expenses of $162K, and assets of $749K (revenue -295.9% year-over-year).
- 2018: Revenue of $77K, expenses of $168K, and assets of $1.1M (revenue -72.2% year-over-year).
- 2017: Revenue of $278K, expenses of $181K, and assets of $1.1M (revenue +43.1% year-over-year).
- 2016: Revenue of $194K, expenses of $239K, and assets of $1.0M (revenue -19.5% year-over-year).
- 2015: Revenue of $241K, expenses of $189K, and assets of $1.1M (revenue +7.0% year-over-year).
- 2014: Revenue of $226K, expenses of $253K, and assets of $1.0M (revenue -26.8% year-over-year).
- 2013: Revenue of $308K, expenses of $179K, and assets of $1.1M (revenue +9.2% year-over-year).
- 2012: Revenue of $282K, expenses of $219K, and assets of $963K (revenue +26.5% year-over-year).
- 2011: Revenue of $223K, expenses of $245K, and assets of $878K.
Data Sources and Methodology
This transparency report for Ancient & Accepted Scottish Rite Of Valley Of New Bern & Coord Bodies 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.