Masbia
Masbia consistently dedicates resources to food assistance programs but faces fluctuating revenues and significant liabilities in recent years.
EIN: 201923521 · Brooklyn, NY · NTEE: K34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $-579,485 |
| Transparency Score | 78/100 |
Is Masbia Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Masbia directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Masbia
Masbia (EIN: 201923521) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code K34. The organization reported total revenue of $2.6M and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masbia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Masbia is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-358,201 |
| Total Assets | $90K |
| Total Liabilities | $670K |
| Net Assets | $-579,485 |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 743.6% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2022, Masbia reported a deficit of $358K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 743.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Masbia's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.7% | -4.7% | -76.2% |
| 2021 | +43.0% | +61.0% | +111.5% |
| 2020 | +51.2% | +39.8% | +20.8% |
| 2019 | -2.2% | +3.4% | +9.2% |
| 2018 | +5.4% | +3.9% | -11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Masbia with a Mission Score of 78 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Masbia allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $358K, with expenses exceeding revenue.
- Debt-to-asset ratio: 743.6%.
Executive Compensation Analysis
Masbia consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its executive leadership is either unpaid, compensated through non-officer roles, or relies entirely on volunteer efforts, which is unusual for an organization of its size with annual revenues often exceeding $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 Masbia's IRS 990 filings:
- Significant liabilities exceeding assets in recent periods (e.g., $669,527 liabilities vs. $90,042 assets in 202206).
- Operating deficits in multiple years (e.g., 202206, 202106, 201906, 201606, 201506, 201406).
- Unexplained 0% officer compensation for an organization of this size, which may obscure actual leadership compensation.
- Fluctuating revenue and asset base, indicating potential instability in funding and financial reserves.
Strengths
The following positive indicators were identified for Masbia:
- Consistent dedication to program services, aligning with NTEE code K34.
- Strong revenue growth in certain periods (e.g., from $1.6M in 201906 to $3.5M in 202106).
- Long history of IRS 990 filings, indicating transparency in reporting.
- Mission-aligned spending, with a high proportion of expenses likely directed to direct services.
Frequently Asked Questions about Masbia
Is Masbia a legitimate charity?
Masbia (EIN: 201923521) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 78/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.6M. 4 red flags identified. 4 strengths noted. Financial health grade: D.
How does Masbia spend its money?
Masbia directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Masbia tax-deductible?
Masbia is registered as a tax-exempt nonprofit (EIN: 201923521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Masbia CEO make?
Masbia's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Masbia's spending goes to programs?
Masbia directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Masbia compare to similar nonprofits?
With a transparency score of 78/100 (Good), Masbia is above average for NTEE category K34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Masbia located?
Masbia is headquartered in Brooklyn, New York and files with the IRS under EIN 201923521. It is classified under NTEE code K34.
How many years of IRS 990 filings does Masbia have?
Masbia has 12 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 $2.6M in total revenue.
Is Masbia financially stable given its recent liabilities?
Masbia's financial stability is a concern, particularly with liabilities of $669,527 in 202206 significantly exceeding assets of $90,042 in the same period. This indicates a potential reliance on short-term financing or outstanding obligations that could impact future operations.
How does Masbia fund its operations when expenses exceed revenue?
In periods where expenses exceed revenue, such as 202206 (expenses $3,646,793 vs. revenue $3,288,592), Masbia likely draws upon accumulated reserves from prior profitable years, utilizes lines of credit, or relies on future pledged donations to cover the deficit.
What is the actual compensation structure for Masbia's leadership?
The IRS 990s consistently report 0% officer compensation. To understand the full compensation structure, one would need to investigate if leadership is compensated as employees in other categories, through related organizations, or if the organization is indeed run by entirely unpaid volunteers.
Has Masbia's revenue growth been consistent?
Masbia's revenue growth has been inconsistent. While it saw significant growth from $1.6 million in 201906 to $3.5 million in 202106, it experienced a decline to $3.2 million in 202206, indicating variability in its funding streams.
What is the long-term trend for Masbia's assets and liabilities?
Over the long term, Masbia's assets have fluctuated significantly, showing no clear upward trend, while liabilities have shown periods of substantial increase, particularly in recent years, suggesting a need for better financial management or a clearer strategy for debt reduction.
Filing History
IRS 990 filing history for Masbia showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Masbia's revenue has grown by 107.3%, moving from $1.6M to $3.3M. Total assets decreased by 10.8% over the same period, from $101K to $90K. Total functional expenses rose by 129.3%, from $1.6M to $3.6M. In its most recent filing year (2022), Masbia reported a deficit of $358K, with expenses exceeding revenue. The organization holds $670K in liabilities against $90K in assets (debt-to-asset ratio: 743.6%), resulting in net assets of $-579,485.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.3M | $3.6M | $90K | $670K | — | View 990 |
| 2021 | $3.6M | $3.8M | $378K | $599K | — | View 990 |
| 2020 | $2.5M | $2.4M | $179K | $136K | — | — |
| 2019 | $1.6M | $1.7M | $148K | $270K | — | View 990 |
| 2018 | $1.7M | $1.6M | $135K | $232K | — | View 990 |
| 2017 | $1.6M | $1.6M | $152K | $291K | — | View 990 |
| 2016 | $1.6M | $1.8M | $234K | $398K | — | View 990 |
| 2015 | $1.4M | $1.4M | $246K | $268K | — | View 990 |
| 2014 | $2.0M | $2.3M | $38K | $274K | — | View 990 |
| 2013 | $2.1M | $1.9M | $270K | $177K | — | View 990 |
| 2012 | $1.7M | $1.7M | $247K | $338K | — | View 990 |
| 2011 | $1.6M | $1.6M | $101K | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.3M, expenses of $3.6M, and assets of $90K (revenue -7.7% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.8M, and assets of $378K (revenue +43.0% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.4M, and assets of $179K (revenue +51.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $148K (revenue -2.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $135K (revenue +5.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $152K (revenue -0.9% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.8M, and assets of $234K (revenue +13.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $246K (revenue -28.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.3M, and assets of $38K (revenue -6.7% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.9M, and assets of $270K (revenue +22.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $247K (revenue +10.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Masbia:
Data Sources and Methodology
This transparency report for Masbia 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.