Ancient Free & Accepted Masons Of Maine
Ancient Free & Accepted Masons Of Maine maintains stable operations with growing assets and no officer compensation.
EIN: 16015752 · Kennebunk, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $988K |
| Total Expenses | $87K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.1M |
| Transparency Score | 88/100 |
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 85% 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: 16015752) is a nonprofit organization based in Kennebunk, ME. The organization reported total revenue of $988K and total assets of $2.3M 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 small nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $87K |
| Surplus / Deficit | +$11K |
| Total Assets | $2.1M |
| Total Liabilities | $40 |
| Net Assets | $2.1M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 285.6 months |
Financial Health Grade: A
In 2023, Ancient Free & Accepted Masons Of Maine reported a surplus of $11K with revenue exceeding expenses, holds 285.6 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 (2011–2023), Ancient Free & Accepted Masons Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -109.9% | +28.5% | -15.3% |
| 2021 | +219.3% | -8.7% | +16.2% |
| 2020 | +11.8% | +2.0% | +5.4% |
| 2019 | +133.8% | +9.4% | +20.7% |
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 88 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: 85%
- fundraising: 0%
According to IRS 990 filings, Ancient Free & Accepted Masons Of Maine allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization and significantly reducing administrative costs relative to its asset base of over $2 million.
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:
- Significant revenue volatility, including negative revenue in 2022, suggests potential reliance on unpredictable income sources.
Strengths
The following positive indicators were identified for Ancient Free & Accepted Masons Of Maine:
- Consistent asset growth from $1.2M in 2014 to $2.0M in 2023.
- Low and stable annual expenses, typically under $90,000, indicating efficient operations.
- 0% officer compensation across all filings, demonstrating volunteer leadership and minimal administrative overhead.
- Minimal to no liabilities reported in most years, indicating a healthy balance sheet.
- Strong financial stewardship with growing assets over a decade.
Frequently Asked Questions about Ancient Free & Accepted Masons Of Maine
Is Ancient Free & Accepted Masons Of Maine a legitimate charity?
Ancient Free & Accepted Masons Of Maine (EIN: 16015752) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $988K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Ancient Free & Accepted Masons Of Maine spend its money?
Ancient Free & Accepted Masons Of Maine directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
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: 16015752). 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 $2 annually. The organization reported $988K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ancient Free & Accepted Masons Of Maine located?
Ancient Free & Accepted Masons Of Maine is headquartered in Kennebunk, Maine and files with the IRS under EIN 16015752.
How many years of IRS 990 filings does Ancient Free & Accepted Masons Of Maine have?
Ancient Free & Accepted Masons Of Maine 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 $988K in total revenue.
Is Ancient Free & Accepted Masons Of Maine a good charity?
Based on the provided financial data, the organization demonstrates strong financial health with growing assets, low and stable expenses, and no officer compensation, suggesting efficient use of funds. However, without specific program details, a full assessment of its charitable impact is limited.
Why was revenue negative in 2022?
The negative revenue of $-65,951 in 2022 could be due to investment losses, significant returns of contributions, or other non-operating adjustments. This highlights a potential reliance on non-operating income streams that can be volatile.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization is likely run by volunteers, which is a significant strength in terms of minimizing administrative overhead and maximizing resources for its mission.
What are the primary sources of revenue for the organization?
While not explicitly detailed, the fluctuating revenue, including a large spike in 2021 ($664,083) and negative revenue in 2022 ($-65,951), suggests a reliance on investment income, donations, or other non-operating revenue streams rather than consistent program service fees.
Filing History
IRS 990 filing history for Ancient Free & Accepted Masons Of Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ancient Free & Accepted Masons Of Maine's revenue has grown by 105.6%, moving from $48K to $98K. Total assets increased by 79.1% over the same period, from $1.2M to $2.1M. Total functional expenses rose by 103.4%, from $43K to $87K. In its most recent filing year (2023), Ancient Free & Accepted Masons Of Maine reported a surplus of $11K, with revenue exceeding expenses. The organization holds $40 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $87K | $2.1M | $40 | — | — |
| 2022 | $-65,951 | $74K | $1.8M | $0 | — | — |
| 2021 | $664K | $57K | $2.2M | $0 | — | View 990 |
| 2020 | $208K | $63K | $1.9M | $0 | — | — |
| 2019 | $186K | $61K | $1.8M | $0 | — | View 990 |
| 2018 | $80K | $56K | $1.5M | $0 | — | View 990 |
| 2017 | $106K | $52K | $1.5M | $0 | — | View 990 |
| 2016 | $76K | $51K | $1.3M | $0 | — | View 990 |
| 2015 | $76K | $77K | $1.2M | $3K | — | View 990 |
| 2014 | $63K | $51K | $1.3M | $0 | — | View 990 |
| 2013 | $90K | $82K | $1.5M | $0 | — | View 990 |
| 2012 | $55K | $42K | $1.3M | $0 | — | View 990 |
| 2011 | $48K | $43K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $87K, and assets of $2.1M.
- 2022: Revenue of $-65,951, expenses of $74K, and assets of $1.8M (revenue -109.9% year-over-year).
- 2021: Revenue of $664K, expenses of $57K, and assets of $2.2M (revenue +219.3% year-over-year).
- 2020: Revenue of $208K, expenses of $63K, and assets of $1.9M (revenue +11.8% year-over-year).
- 2019: Revenue of $186K, expenses of $61K, and assets of $1.8M (revenue +133.8% year-over-year).
- 2018: Revenue of $80K, expenses of $56K, and assets of $1.5M (revenue -24.8% year-over-year).
- 2017: Revenue of $106K, expenses of $52K, and assets of $1.5M (revenue +39.8% year-over-year).
- 2016: Revenue of $76K, expenses of $51K, and assets of $1.3M (revenue +0.1% year-over-year).
- 2015: Revenue of $76K, expenses of $77K, and assets of $1.2M (revenue +19.7% year-over-year).
- 2014: Revenue of $63K, expenses of $51K, and assets of $1.3M (revenue -29.8% year-over-year).
- 2013: Revenue of $90K, expenses of $82K, and assets of $1.5M (revenue +62.5% year-over-year).
- 2012: Revenue of $55K, expenses of $42K, and assets of $1.3M (revenue +16.6% year-over-year).
- 2011: Revenue of $48K, expenses of $43K, and assets of $1.2M.
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.