Ancient Free & Accepted Masons Of Maine Grand Lodge

Ancient Free & Accepted Masons Of Maine Grand Lodge consistently maintains financial surpluses and zero liabilities.

EIN: 10019705 · Holden, ME · Updated: 2026-03-28

$1.6MRevenue
$944KGross Revenue
$3.0MAssets
85/100Mission Score (Excellent)
Ancient Free & Accepted Masons Of Maine Grand Lodge Financial Summary
MetricValue
Total Revenue$1.6M
Total Expenses$354K
Program Spending80%
Net Assets$2.4M
Transparency Score85/100

Is Ancient Free & Accepted Masons Of Maine Grand Lodge Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed 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 Grand Lodge 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 Grand Lodge

Ancient Free & Accepted Masons Of Maine Grand Lodge (EIN: 10019705) is a nonprofit organization based in Holden, ME. The organization reported total revenue of $1.6M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ancient Free & Accepted Masons Of Maine Grand Lodge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

85Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Ancient Free & Accepted Masons Of Maine Grand Lodge is a mid-size 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 -0.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$384K
Total Expenses$354K
Surplus / Deficit+$30K
Total Assets$2.4M
Net Assets$2.4M
Operating Margin7.9%
Months of Reserves81.2 months

Financial Health Grade: A

In 2023, Ancient Free & Accepted Masons Of Maine Grand Lodge reported a surplus of $30K with revenue exceeding expenses, holds 81.2 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Ancient Free & Accepted Masons Of Maine Grand Lodge's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.7%+17.0%-7.0%
2022-13.5%+4.2%+5.5%
2021-7.3%-21.1%+38.7%
2020+38.4%+13.8%-9.3%
2019-15.7%-3.0%+3.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1941

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Ancient Free & Accepted Masons Of Maine Grand Lodge demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $384,203 against expenses of $353,835, indicating a surplus. The organization's assets have shown a healthy growth trend, increasing from $1,610,569 in 2014 to $2,395,319 in 2023, suggesting prudent financial management and accumulation of reserves. A notable aspect of their financial health is the consistent reporting of zero liabilities across all available filings, which is a strong indicator of fiscal responsibility and low financial risk. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent surplus generation suggests that overall expenses are managed within their revenue streams. The absence of reported officer compensation across all filings indicates that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which could contribute to lower administrative overhead. This practice, if true, would enhance their spending efficiency. In terms of transparency, the organization consistently files its IRS Form 990, as evidenced by 13 filings, which is a positive sign of compliance and public accountability. The consistent reporting of zero officer compensation is a specific detail that enhances transparency regarding executive pay. However, the lack of NTEE code information makes it harder to benchmark against similar organizations, and a more detailed breakdown of expenses would further improve transparency regarding how funds are allocated to programs versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ancient Free & Accepted Masons Of Maine Grand Lodge 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

According to IRS 990 filings, Ancient Free & Accepted Masons Of Maine Grand Lodge 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:

$384KTotal Revenue
$354KTotal Expenses
$2.4MTotal Assets
$2.4MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit of this size.

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 Free & Accepted Masons Of Maine Grand Lodge:

Frequently Asked Questions about Ancient Free & Accepted Masons Of Maine Grand Lodge

Is Ancient Free & Accepted Masons Of Maine Grand Lodge a legitimate charity?

Based on AI analysis of IRS 990 filings, Ancient Free & Accepted Masons Of Maine Grand Lodge (EIN: 10019705) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

How does Ancient Free & Accepted Masons Of Maine Grand Lodge spend its money?

Ancient Free & Accepted Masons Of Maine Grand Lodge 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 Grand Lodge tax-deductible?

Ancient Free & Accepted Masons Of Maine Grand Lodge is registered as a tax-exempt nonprofit (EIN: 10019705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Ancient Free & Accepted Masons Of Maine Grand Lodge's spending goes to programs?

Ancient Free & Accepted Masons Of Maine Grand Lodge directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Ancient Free & Accepted Masons Of Maine Grand Lodge located?

Ancient Free & Accepted Masons Of Maine Grand Lodge is headquartered in Holden, Maine and files with the IRS under EIN 10019705.

How many years of IRS 990 filings does Ancient Free & Accepted Masons Of Maine Grand Lodge have?

Ancient Free & Accepted Masons Of Maine Grand Lodge 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 $1.6M in total revenue.

What are the specific program activities funded by Ancient Free & Accepted Masons Of Maine Grand Lodge?

The provided IRS 990 data does not detail specific program activities. Further investigation into their public statements or annual reports would be necessary to understand their programmatic focus.

How does Ancient Free & Accepted Masons Of Maine Grand Lodge manage to report zero liabilities consistently?

Consistently reporting zero liabilities suggests strong cash flow management and a policy of avoiding debt. This indicates a very conservative and financially stable approach to operations.

What is the NTEE code for Ancient Free & Accepted Masons Of Maine Grand Lodge, and why is it not listed?

The NTEE code is not provided in the available data. This could be due to various reasons, including the nature of their activities not fitting a standard code or an oversight in reporting. Its absence makes peer comparison more difficult.

Filing History

IRS 990 filing history for Ancient Free & Accepted Masons Of Maine Grand Lodge showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ancient Free & Accepted Masons Of Maine Grand Lodge's revenue has declined by 1.3%, moving from $389K to $384K. Total assets increased by 121.7% over the same period, from $1.1M to $2.4M. Total functional expenses rose by 15.1%, from $307K to $354K. In its most recent filing year (2023), Ancient Free & Accepted Masons Of Maine Grand Lodge reported a surplus of $30K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $384K $354K $2.4M $0 View 990
2022 $371K $302K $2.6M $0 View 990
2021 $428K $290K $2.4M $0 View 990
2020 $462K $368K $1.8M $0
2019 $334K $324K $1.9M $0 View 990
2018 $396K $334K $1.9M $0
2017 $304K $329K $1.7M $0 View 990
2016 $333K $346K $1.6M $0 View 990
2015 $354K $315K $1.7M $0 View 990
2014 $375K $314K $1.6M $0 View 990
2013 $550K $335K $1.5M $0 View 990
2012 $414K $338K $1.2M $0 View 990
2011 $389K $307K $1.1M $2 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ancient Free & Accepted Masons Of Maine Grand Lodge:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Ancient Free & Accepted Masons Of Maine Grand Lodge 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.

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