Ancient Free & Accepted Masons Of Maine

Ancient Free & Accepted Masons Of Maine maintains strong assets but consistently operates at a deficit.

EIN: 10216811 · Winslow, ME · Updated: 2026-03-28

$46KRevenue

$972KAssets

75/100Mission Score (Good)

Is Ancient Free & Accepted Masons Of Maine Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

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: 10216811) is a nonprofit organization based in Winslow, ME. The organization reported total revenue of $46K and total assets of $972K 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.

AI Transparency Report

Ancient Free & Accepted Masons Of Maine demonstrates consistent financial stability with nearly $1 million in assets, specifically $972,004 in the latest filing, and no reported liabilities across all available periods. This indicates a strong balance sheet and responsible financial management regarding debt. However, the organization has consistently operated at a deficit in most recent years, with 2019 revenue of $45,619 falling short of expenses at $51,285, and similar trends in prior years like 2018 ($108,246 revenue vs. $111,895 expenses). This pattern of spending more than it earns, while not immediately critical due to substantial assets, suggests a reliance on existing reserves or fluctuating income streams.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only shows total expenses. However, the consistent lack of officer compensation (0% in all reported periods) is a positive indicator of volunteer-driven leadership, which can contribute to lower administrative overhead. The organization's transparency is good in terms of public filings, with 9 filings available, and the absence of liabilities is a clear sign of financial health.

Overall, while the organization maintains a robust asset base and excellent debt management, the recurring operational deficits warrant closer examination to ensure long-term sustainability without depleting reserves. The lack of executive compensation is a significant strength, suggesting resources are directed towards the organization's mission rather than high salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ancient Free & Accepted Masons Of Maine 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: 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.

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 commendable for an organization with nearly $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:

Consistent operational deficits (expenses exceeding revenue) in most recent years, potentially drawing down assets.
Significant fluctuation in annual revenue, making financial planning and sustainability potentially challenging.

Strengths

The following positive indicators were identified for Ancient Free & Accepted Masons Of Maine:

Strong asset base of nearly $1 million ($972,004 in 2019).
Zero liabilities reported across all filing periods, indicating excellent debt management.
No officer compensation reported, suggesting volunteer leadership and efficient use of funds.
Consistent filing of IRS 990 forms, demonstrating good transparency.

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: 10216811) some concerns. Mission Score: 75/100. 2 red flags identified, 4 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: 10216811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Ancient Free & Accepted Masons Of Maine cover its operational deficits?

The organization consistently reports expenses exceeding revenue in most years (e.g., $51,285 expenses vs. $45,619 revenue in 2019). Given its substantial assets of nearly $1 million and zero liabilities, it likely covers these deficits by drawing from its reserves or investment income.

What is the primary source of Ancient Free & Accepted Masons Of Maine's revenue?

The provided data shows fluctuating revenue, from a low of $14,316 in 2011 to a high of $108,246 in 2018. Without specific details on revenue streams from the 990, it's difficult to pinpoint the primary source, but such fluctuations often suggest reliance on donations, membership dues, or specific fundraising events rather than consistent program service fees.

Does Ancient Free & Accepted Masons Of Maine have any debt?

No, the organization consistently reports $0 in liabilities across all 9 available IRS 990 filings, indicating a debt-free financial position.

Filing History

IRS 990 filing history for Ancient Free & Accepted Masons Of Maine showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Ancient Free & Accepted Masons Of Maine's revenue has grown by 218.7%, moving from $14K to $46K. Total assets increased by 1.4% over the same period, from $959K to $972K. Total functional expenses rose by 18.3%, from $43K to $51K. In its most recent filing year (2019), Ancient Free & Accepted Masons Of Maine reported a deficit of $6K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$46K	$51K	$972K	$0	—	—
2018	$108K	$112K	$992K	$0	—	View 990
2017	$73K	$73K	$1.0M	$0	—	View 990
2016	$17K	$26K	$1.0M	$0	—	View 990
2015	$85K	$95K	$1.0M	$0	—	View 990
2014	$32K	$50K	$1.1M	$0	—	View 990
2013	$59K	$23K	$1.1M	$0	—	View 990
2012	$18K	$80K	$942K	$0	—	View 990
2011	$14K	$43K	$959K	$0	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $46K, expenses of $51K, and assets of $972K (revenue -57.9% year-over-year).
2018: Revenue of $108K, expenses of $112K, and assets of $992K (revenue +47.7% year-over-year).
2017: Revenue of $73K, expenses of $73K, and assets of $1.0M (revenue +337.6% year-over-year).
2016: Revenue of $17K, expenses of $26K, and assets of $1.0M (revenue -80.3% year-over-year).
2015: Revenue of $85K, expenses of $95K, and assets of $1.0M (revenue +167.0% year-over-year).
2014: Revenue of $32K, expenses of $50K, and assets of $1.1M (revenue -45.7% year-over-year).
2013: Revenue of $59K, expenses of $23K, and assets of $1.1M (revenue +223.9% year-over-year).
2012: Revenue of $18K, expenses of $80K, and assets of $942K (revenue +26.7% year-over-year).
2011: Revenue of $14K, expenses of $43K, and assets of $959K.

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.