Ancient Free & Accepted Masons Of Maine
Ancient Free & Accepted Masons Of Maine maintains strong asset base with consistent low expenses and no officer compensation.
EIN: 10206925 · Portland, ME · NTEE: Y40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $18K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Ancient Free & Accepted Masons Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ancient Free & Accepted Masons Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ancient Free & Accepted Masons Of Maine
Ancient Free & Accepted Masons Of Maine (EIN: 10206925) is a nonprofit organization based in Portland, ME, classified under NTEE code Y40Z. The organization reported total revenue of $32K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancient Free & Accepted Masons Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ancient Free & Accepted Masons Of Maine is a micro nonprofit that has been operating for 85 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $18K |
| Surplus / Deficit | +$14K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 43.2% |
| Months of Reserves | 781.6 months |
Financial Health Grade: A
In 2021, Ancient Free & Accepted Masons Of Maine reported a surplus of $14K with revenue exceeding expenses, holds 781.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2021), Ancient Free & Accepted Masons Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -37.8% | -44.6% | +6.6% |
| 2020 | +52.5% | +12.6% | +5.8% |
| 2019 | -0.4% | +16.4% | -4.0% |
| 2018 | +9.0% | -8.5% | +1.6% |
| 2017 | -10.3% | +19.5% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Free & Accepted Masons Of Maine 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 Free & Accepted Masons Of Maine 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filing periods, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with over $1 million in assets.
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 Free & Accepted Masons Of Maine's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data
- Unexplained significant revenue fluctuation in 2013
Strengths
The following positive indicators were identified for Ancient Free & Accepted Masons Of Maine:
- Strong and consistent asset base ($1,188,218 in 2021)
- Zero liabilities reported across all filing periods
- Consistent 0% officer compensation, indicating volunteer leadership
- Positive net income in most recent filing ($32,110 revenue vs. $18,242 expenses in 2021)
- Consistent IRS 990 filing history over 10 periods
Frequently Asked Questions about Ancient Free & Accepted Masons Of Maine
Is Ancient Free & Accepted Masons Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Ancient Free & Accepted Masons Of Maine (EIN: 10206925) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Ancient Free & Accepted Masons Of Maine spend its money?
Ancient Free & Accepted Masons Of Maine directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ancient Free & Accepted Masons Of Maine tax-deductible?
Ancient Free & Accepted Masons Of Maine is registered as a tax-exempt nonprofit (EIN: 10206925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ancient Free & Accepted Masons Of Maine CEO make?
Ancient Free & Accepted Masons Of Maine's highest-compensated officer earns $1 annually. The organization reported $32K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ancient Free & Accepted Masons Of Maine's spending goes to programs?
Ancient Free & Accepted Masons Of Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ancient Free & Accepted Masons Of Maine compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ancient Free & Accepted Masons Of Maine is above average for NTEE category Y40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ancient Free & Accepted Masons Of Maine located?
Ancient Free & Accepted Masons Of Maine is headquartered in Portland, Maine and files with the IRS under EIN 10206925. It is classified under NTEE code Y40Z.
How many years of IRS 990 filings does Ancient Free & Accepted Masons Of Maine have?
Ancient Free & Accepted Masons Of Maine has 10 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 $32K in total revenue.
What caused the significant revenue spike to $300,893 in 2013?
The provided data shows a substantial increase in revenue in 2013 compared to other years. Further investigation into the 2013 IRS 990 filing would be needed to identify the specific source of this revenue, such as a large donation, grant, or asset sale.
What are the specific programs Ancient Free & Accepted Masons Of Maine supports?
The NTEE code Y40Z indicates 'Fraternal Societies, Orders, and Unions,' but the provided financial summary does not detail the specific programs or activities undertaken by the organization. A review of their full 990 forms or website would be necessary for this information.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that all leadership roles are filled by volunteers, which is a significant strength in terms of financial efficiency and dedication to the mission.
Filing History
IRS 990 filing history for Ancient Free & Accepted Masons Of Maine showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Ancient Free & Accepted Masons Of Maine's revenue has grown by 34%, moving from $24K to $32K. Total assets increased by 68.5% over the same period, from $705K to $1.2M. Total functional expenses fell by 36.4%, from $29K to $18K. In its most recent filing year (2021), Ancient Free & Accepted Masons Of Maine reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $32K | $18K | $1.2M | $0 | — | — |
| 2020 | $52K | $33K | $1.1M | $0 | — | View 990 |
| 2019 | $34K | $29K | $1.1M | $0 | — | View 990 |
| 2018 | $34K | $25K | $1.1M | $0 | — | View 990 |
| 2017 | $31K | $27K | $1.1M | $0 | — | View 990 |
| 2016 | $35K | $23K | $1.1M | $0 | — | View 990 |
| 2015 | $34K | $35K | $1.1M | $0 | — | View 990 |
| 2014 | $33K | $27K | $1.1M | $0 | — | View 990 |
| 2013 | $301K | $20K | $994K | $0 | — | View 990 |
| 2012 | $24K | $29K | $705K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $32K, expenses of $18K, and assets of $1.2M (revenue -37.8% year-over-year).
- 2020: Revenue of $52K, expenses of $33K, and assets of $1.1M (revenue +52.5% year-over-year).
- 2019: Revenue of $34K, expenses of $29K, and assets of $1.1M (revenue -0.4% year-over-year).
- 2018: Revenue of $34K, expenses of $25K, and assets of $1.1M (revenue +9.0% year-over-year).
- 2017: Revenue of $31K, expenses of $27K, and assets of $1.1M (revenue -10.3% year-over-year).
- 2016: Revenue of $35K, expenses of $23K, and assets of $1.1M (revenue +3.3% year-over-year).
- 2015: Revenue of $34K, expenses of $35K, and assets of $1.1M (revenue +1.6% year-over-year).
- 2014: Revenue of $33K, expenses of $27K, and assets of $1.1M (revenue -89.0% year-over-year).
- 2013: Revenue of $301K, expenses of $20K, and assets of $994K (revenue +1155.9% year-over-year).
- 2012: Revenue of $24K, expenses of $29K, and assets of $705K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ancient Free & Accepted Masons Of Maine:
Data Sources and Methodology
This transparency report for Ancient Free & Accepted Masons Of Maine 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.