Jp Mascaro & Sons Charitable Trust
Jp Mascaro & Sons Charitable Trust maintains over $5 million in assets with zero officer compensation and minimal liabilities.
EIN: 208254657 · Audubon, PA · NTEE: T20 · Updated: 2026-03-28
Is Jp Mascaro & Sons Charitable Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jp Mascaro & Sons Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jp Mascaro & Sons Charitable Trust
Jp Mascaro & Sons Charitable Trust (EIN: 208254657) is a nonprofit organization based in Audubon, PA, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jp Mascaro & Sons Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jp Mascaro & Sons Charitable Trust is a mid-size nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $403K |
| Surplus / Deficit | $-37,940 |
| Total Assets | $5.2M |
| Total Liabilities | $1 |
| Net Assets | $5.2M |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.8 months |
Financial Health Grade: B
In 2023, Jp Mascaro & Sons Charitable Trust reported a deficit of $38K with expenses exceeding revenue, holds 153.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jp Mascaro & Sons Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.6% | +5.3% | -0.7% |
| 2022 | +171.6% | -12.2% | +1.1% |
| 2021 | -62.4% | +31.7% | -5.1% |
| 2020 | -22.9% | -12.0% | +1.7% |
| 2019 | +173.5% | +23.4% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Jp Mascaro & Sons Charitable Trust with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jp Mascaro & Sons Charitable Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no officers or key employees receive salaries from the trust, which is highly efficient for a charitable organization of its 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 Jp Mascaro & Sons Charitable Trust:
- Strong asset base, consistently over $5 million ($5,331,208 latest).
- Extremely low liabilities ($1 across all filings).
- Zero officer compensation, indicating high operational efficiency.
- Consistent IRS 990 filing history demonstrates transparency.
- Stable financial health despite fluctuating annual revenues.
Frequently Asked Questions about Jp Mascaro & Sons Charitable Trust
Is Jp Mascaro & Sons Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Jp Mascaro & Sons Charitable Trust (EIN: 208254657) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Jp Mascaro & Sons Charitable Trust spend its money?
Jp Mascaro & Sons Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jp Mascaro & Sons Charitable Trust tax-deductible?
Jp Mascaro & Sons Charitable Trust is registered as a tax-exempt nonprofit (EIN: 208254657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jp Mascaro & Sons Charitable Trust a good charity?
Based on the provided data, Jp Mascaro & Sons Charitable Trust appears to be a very good charity. It maintains substantial assets ($5,331,208), has negligible liabilities ($1), and reports 0% officer compensation, indicating high financial efficiency and a strong commitment to its charitable purpose.
How does the organization manage its expenses when revenue is lower?
In periods where expenses exceeded revenue (e.g., 2023, 2021, 2015, 2013, 2012), the organization likely draws from its significant asset base ($5,331,208) or investment income to cover its operational costs and grantmaking activities, maintaining its financial stability.
What is the primary activity of this trust?
Given its NTEE Code T20 (Private Grantmaking Foundations), the primary activity of Jp Mascaro & Sons Charitable Trust is making grants to other organizations or individuals to further its charitable mission.
Filing History
IRS 990 filing history for Jp Mascaro & Sons Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jp Mascaro & Sons Charitable Trust's revenue has declined by 63.9%, moving from $1.0M to $365K. Total assets decreased by 3.3% over the same period, from $5.3M to $5.2M. Total functional expenses rose by 66.1%, from $243K to $403K. In its most recent filing year (2023), Jp Mascaro & Sons Charitable Trust reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $403K | $5.2M | $1 | — | View 990 |
| 2022 | $438K | $383K | $5.2M | $1 | — | View 990 |
| 2021 | $161K | $436K | $5.2M | $1 | — | — |
| 2020 | $429K | $331K | $5.4M | $1 | — | — |
| 2019 | $557K | $377K | $5.3M | $1 | — | View 990 |
| 2015 | $204K | $305K | $4.9M | $1 | — | View 990 |
| 2014 | $458K | $285K | $5.0M | $1 | — | View 990 |
| 2013 | $82K | $326K | $4.8M | $1 | — | View 990 |
| 2012 | $13K | $287K | $5.1M | $1 | — | View 990 |
| 2011 | $1.0M | $243K | $5.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $403K, and assets of $5.2M (revenue -16.6% year-over-year).
- 2022: Revenue of $438K, expenses of $383K, and assets of $5.2M (revenue +171.6% year-over-year).
- 2021: Revenue of $161K, expenses of $436K, and assets of $5.2M (revenue -62.4% year-over-year).
- 2020: Revenue of $429K, expenses of $331K, and assets of $5.4M (revenue -22.9% year-over-year).
- 2019: Revenue of $557K, expenses of $377K, and assets of $5.3M (revenue +173.5% year-over-year).
- 2015: Revenue of $204K, expenses of $305K, and assets of $4.9M (revenue -55.6% year-over-year).
- 2014: Revenue of $458K, expenses of $285K, and assets of $5.0M (revenue +458.8% year-over-year).
- 2013: Revenue of $82K, expenses of $326K, and assets of $4.8M (revenue +535.1% year-over-year).
- 2012: Revenue of $13K, expenses of $287K, and assets of $5.1M (revenue -98.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $243K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Jp Mascaro & Sons Charitable Trust 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.