Masin Family Foundation

Masin Family Foundation shows strong asset growth and zero executive compensation, with recent revenue significantly exceeding expenses.

EIN: 205865194 · Boca Grande, FL · NTEE: T22 · Updated: 2026-03-28

$710KRevenue
$2.1MAssets
92/100Mission Score (Excellent)
T22

Resolve This Donation Decision

Should someone trust, compare, or avoid Masin Family Foundation?

This page is being rebuilt as a decision workflow: verify the public record, understand where money goes, compare better nearby or category peers, then save the evidence into a report or watchlist when the decision matters.

Source Check Matrix

What Has Been Verified vs. What Needs Human Review

Identity resolved verified

Masin Family Foundation is mapped to EIN 205865194.

IRS BMF exempt record needs review

Open IRS TEOS or BMF source before relying on exemption status.

IRS Pub 78 deductibility needs review

Pub 78 eligibility should be verified in IRS TEOS before money changes hands.

IRS automatic revocation needs review

Check the official auto-revocation bulk source or cached evidence before relying on current exemption.

IRS Form 990 index verified

10 stored filing years available.

Raw 990 source linked

Open ProPublica to verify the raw filing record and PDFs.

Filing depth verified

10 stored filing years available.

State charity registration manual confirmation

Open Florida charity search; the workflow stops for human confirmation unless a stable source is cached.

Candid / GuideStar profile api pending

Candid API access is not configured; open manually and do not count as verified evidence.

Charity Navigator rating api pending

Charity Navigator API access is not configured; open manually and do not count as verified evidence.

Source and Resolution Links

Finish the Investigation Outside Our Dataset

When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.

IRS tax-exempt lookup

Verify exemption status and deductibility directly with the IRS.

IRS bulk evidence downloads

Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.

IRS EO BMF extract

Open the official Business Master File extract source for tax-exempt organization records.

ProPublica 990 source

Open the raw filing record and filing PDFs outside NonprofitSpending.

Florida charity search

Confirm state charity registration or solicitation status where applicable.

Candid profile search

Look for GuideStar/Candid profile details, programs, leadership, and seals.

Charity Navigator search

Check whether another evaluator has ratings or impact context.

Workflow Engine

Queries We Should Resolve, Not Just Answer

Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.

Verify tax status Runnable

Triggered by: 501(c)(3), tax deductible, EIN

IRS status check plus source links

Verify official evidence Runnable

Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration

Official-source evidence matrix with human stops where a state portal must be checked.

Find source filings Runnable

Triggered by: 990 PDF, annual report, filing record

10 stored filing years plus ProPublica source

Crunch money signals Runnable

Triggered by: program expense ratio, CEO salary, revenue, grants

90% program spend, health grade A

Compare alternatives Runnable

Triggered by: best charities, similar nonprofits, compare

4 peer options surfaced

Resolve leadership and board Runnable

Triggered by: executive team, trustees, officer pay

Use 990 compensation disclosures and external profile links.

Donation decision copilot Runnable

Triggered by: should I donate, give or compare, charity safety

Eligibility, money signals, sources, peer context, and next action.

Grantmaker due diligence Runnable

Triggered by: foundation review, grant risk, grantee capacity

Foundation-style packet across filings, finances, governance, and gaps.

Impact evidence finder Runnable

Triggered by: outcomes, annual report, cost effectiveness

Separate actual impact evidence from raw 990 financial cleanliness.

Room for more funding Runnable

Triggered by: would my donation help, funding gap, marginal impact

Revenue trend, runway, surplus/deficit, and source follow-ups.

Operator transparency diagnostic Runnable

Triggered by: how does my nonprofit look to donors

Profile, filing, impact, and transparency improvements to earn trust.

Masin Family Foundation Financial Summary
MetricValue
Total Revenue$710K
Total Expenses$206K
Program Spending90%
CEO/Top Officer Pay$2
Net Assets$1.8M
Transparency Score92/100

Search Intent Cockpit

Masin Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Masin Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Masin Family Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $696K and expenses of $206K.

Revenue and Expenses

Masin Family Foundation reported $696K in revenue and $206K in expenses, a surplus of $490K.

Executive Compensation

Top officer compensation appears as $2 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Masin Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Masin Family Foundation Expense Deployment
Program services$185K (90%)

Across stored filings, Masin Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Masin Family Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Cornelia Warren Community Assn IncFlorida and Philanthropy context

Trust Check

Review legitimacy, deductibility, red flags, and filing consistency.

Open charity check →

Peer Benchmark

Compare against real state and category peers.

Compare with Cornelia Warren Community Assn Inc →
All Florida nonprofits
All Philanthropy

Local and Sector Spokes

Move into this nonprofit's local market, category, and sector maps.

Boca Grande, FL nonprofits
Philanthropy in Florida
Public Benefit in Florida

Follow the Money

Jump into spending, compensation, rankings, and filing-year evidence.

State spending analysis
State compensation analysis
Philanthropy spending
Best Philanthropy charities in Florida
Relevant rankings

Donation Decision Flow

From Trust Check to Better Alternatives

1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

90% of spending goes to programs.

3

Compare

Benchmark against Cornelia Warren Community Assn Inc.

4

Decide

Build a shortlist, compare alternatives, and review the latest filing before giving.

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Philanthropy peer market in Florida →

Next Best Actions

Keep the Investigation Moving

Verify legitimacy

Open the focused charity-check flow before donating.

Compare a peer

Benchmark against Cornelia Warren Community Assn Inc.

Find best peers

See best Philanthropy charities in Florida.

Inspect local compensation

See whether pay levels look unusual in this state.

Research Workflow

Turn this Form 990 profile into a donor-ready report

Request a concise report for Masin Family Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.

Get spending reportDonor-ready PDF summary.
Request CSV exportFiling-year data for research.
Watch this nonprofitUpdates when public data changes.

Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.

Masin Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Masin Family Foundation

Masin Family Foundation (EIN: 205865194) is a nonprofit organization based in Boca Grande, FL, classified under NTEE code T22. The organization reported total revenue of $710K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masin Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Masin Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$696K
Total Expenses$206K
Surplus / Deficit+$490K
Total Assets$1.8M
Total Liabilities$1
Net Assets$1.8M
Operating Margin70.4%
Debt-to-Asset Ratio0.0%
Months of Reserves102.3 months

Financial Health Grade: A

In 2023, Masin Family Foundation reported a surplus of $490K with revenue exceeding expenses, holds 102.3 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), Masin Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022-113.5%+391.5%-13.8%
2021+12.1%-52.7%+6.5%
2020+55.7%-35.3%+2.6%
2019-91.3%-89.2%+44.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

The Masin Family Foundation demonstrates strong financial health, particularly in its most recent filing period (202309) where revenue significantly outpaced expenses ($695,644 vs. $205,800), leading to a substantial increase in assets to $1,754,379. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a commitment to its mission without excessive administrative overhead. While the NTEE code T22 suggests a grantmaking foundation, a detailed breakdown of program spending versus administrative and fundraising costs is not explicitly provided in the summary data, making a precise assessment of spending efficiency challenging without further detail. However, the consistent growth in assets and positive net income in most recent years suggest sound financial management. The foundation's transparency is good given the availability of 10 years of 990 filings, allowing for a historical review of its financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Masin Family Foundation with a Mission Score of 92 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Masin Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$696KTotal Revenue
$206KTotal Expenses
$1.8MTotal Assets
$1Total Liabilities
$1.8MNet Assets
  • The organization reported a surplus of $490K, 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 that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets 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 Masin Family Foundation's IRS 990 filings:

  • Negative revenue reported in 202209 ($-17,158), which could indicate investment losses or accounting adjustments.

Strengths

The following positive indicators were identified for Masin Family Foundation:

  • Consistent zero officer compensation across all filings.
  • Strong asset growth, reaching $2,109,398 in the latest period.
  • Significant positive net income in the most recent filing (202309: Revenue $695,644 vs. Expenses $205,800).
  • Long history of IRS 990 filings (10 filings) indicating transparency and consistent reporting.

Frequently Asked Questions about Masin Family Foundation

Is Masin Family Foundation a legitimate charity?

Masin Family Foundation (EIN: 205865194) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $710K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Masin Family Foundation spend its money?

Masin Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Masin Family Foundation tax-deductible?

Masin Family Foundation is registered as a tax-exempt nonprofit (EIN: 205865194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Masin Family Foundation CEO make?

Masin Family Foundation's highest-compensated officer earns $2 annually. The organization reported $710K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Masin Family Foundation's spending goes to programs?

Masin Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Masin Family Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Masin Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Masin Family Foundation located?

Masin Family Foundation is headquartered in Boca Grande, Florida and files with the IRS under EIN 205865194. It is classified under NTEE code T22.

How many years of IRS 990 filings does Masin Family Foundation have?

Masin Family Foundation has 10 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 $710K in total revenue.

Is the Masin Family Foundation a good charity?

Based on the available financial data, the Masin Family Foundation appears to be a well-managed organization. It consistently reports zero officer compensation, has shown strong asset growth, and in recent periods, its revenue significantly exceeds expenses, indicating financial stability and efficient use of resources. The lack of detailed program spending breakdown is a minor limitation for a full assessment, but the overall financial health is positive.

How has the foundation's financial health changed over time?

The foundation's financial health has generally improved, especially in recent years. While there were periods of negative revenue (e.g., 202209: $-17,158) and expenses exceeding revenue (e.g., 201509: expenses $1,127,076 vs. revenue $840,395), the most recent filing (202309) shows robust revenue ($695,644) significantly exceeding expenses ($205,800), leading to substantial asset growth to $1,754,379.

What is the foundation's approach to executive compensation?

The Masin Family Foundation consistently reports 0% officer compensation across all 10 available IRS 990 filings. This indicates a strong commitment to directing funds towards its mission rather than executive salaries.

Filing History

IRS 990 filing history for Masin Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Masin Family Foundation's revenue has grown by 98.3%, moving from $351K to $696K. Total assets increased by 236.3% over the same period, from $522K to $1.8M. Total functional expenses fell by 58.5%, from $496K to $206K. In its most recent filing year (2023), Masin Family Foundation reported a surplus of $490K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $696K $206K $1.8M $1 View 990
2022 $-17,158 $183K $1.3M $1 View 990
2021 $127K $37K $1.5M $1 View 990
2020 $114K $79K $1.4M $1 View 990
2019 $73K $122K $1.3M $0 View 990
2015 $840K $1.1M $927K $0 View 990
2014 $347K $368K $1.2M $0 View 990
2013 $787K $52K $1.2M $0 View 990
2012 $13K $33K $502K $0 View 990
2011 $351K $496K $522K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $696K, expenses of $206K, and assets of $1.8M.
  • 2022: Revenue of $-17,158, expenses of $183K, and assets of $1.3M (revenue -113.5% year-over-year).
  • 2021: Revenue of $127K, expenses of $37K, and assets of $1.5M (revenue +12.1% year-over-year).
  • 2020: Revenue of $114K, expenses of $79K, and assets of $1.4M (revenue +55.7% year-over-year).
  • 2019: Revenue of $73K, expenses of $122K, and assets of $1.3M (revenue -91.3% year-over-year).
  • 2015: Revenue of $840K, expenses of $1.1M, and assets of $927K (revenue +142.1% year-over-year).
  • 2014: Revenue of $347K, expenses of $368K, and assets of $1.2M (revenue -55.9% year-over-year).
  • 2013: Revenue of $787K, expenses of $52K, and assets of $1.2M (revenue +6132.4% year-over-year).
  • 2012: Revenue of $13K, expenses of $33K, and assets of $502K (revenue -96.4% year-over-year).
  • 2011: Revenue of $351K, expenses of $496K, and assets of $522K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Masin Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Masin Family Foundation 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.

Other Nonprofits in Florida

Explore more nonprofits based in Florida with AI-powered transparency reports.

View all Florida nonprofits →

Similar Organizations (NTEE T22)

Other nonprofits classified under NTEE code T22.

View all T22 nonprofits →

Explore Related Nonprofits

Browse by State