Mason Family Charity Inc
Mason Family Charity Inc shows strong asset growth and no executive compensation over a decade.
EIN: 205415754 · Boston, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $85K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.9 |
| Net Assets | $1.6M |
| Transparency Score | 92/100 |
Is Mason Family Charity Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mason Family Charity Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mason Family Charity Inc
Mason Family Charity Inc (EIN: 205415754) is a nonprofit organization based in Boston, MA, classified under NTEE code T20. The organization reported total revenue of $342K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mason Family Charity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mason Family Charity Inc is a small 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 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $85K |
| Surplus / Deficit | +$75K |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | 46.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.7 months |
Financial Health Grade: A
In 2023, Mason Family Charity Inc reported a surplus of $75K with revenue exceeding expenses, holds 231.7 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), Mason Family Charity Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.2% | +13.7% | +4.8% |
| 2022 | +160.1% | +22.9% | +20.5% |
| 2021 | +19.8% | +15.5% | +5.7% |
| 2020 | -28.3% | +1.1% | +4.8% |
| 2019 | -22.0% | +71.7% | +50.7% |
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 Mason Family Charity Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mason Family Charity Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with nearly $1.9 million in assets and over $340,000 in annual revenue.
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 Mason Family Charity Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to fully assess program efficiency beyond overall expenses.
- Unusually low expenses relative to revenue and assets, which could indicate significant accumulation of funds rather than immediate program deployment, though this also contributes to financial stability.
Strengths
The following positive indicators were identified for Mason Family Charity Inc:
- Strong asset growth, increasing from $115,812 in 2011 to $1,895,979 currently, demonstrating excellent financial stewardship.
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of resources to the mission.
- Very low liabilities ($0 or $1 across all filings), reflecting strong financial health and minimal debt.
- High spending efficiency, with expenses consistently much lower than revenue, leading to significant net assets.
- Long and consistent filing history (10 filings), indicating sustained operation and compliance.
Frequently Asked Questions about Mason Family Charity Inc
Is Mason Family Charity Inc a legitimate charity?
Mason Family Charity Inc (EIN: 205415754) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $342K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Mason Family Charity Inc spend its money?
Mason Family Charity Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mason Family Charity Inc tax-deductible?
Mason Family Charity Inc is registered as a tax-exempt nonprofit (EIN: 205415754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mason Family Charity Inc CEO make?
Mason Family Charity Inc's highest-compensated officer earns $1.9 annually. The organization reported $342K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mason Family Charity Inc's spending goes to programs?
Mason Family Charity Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mason Family Charity Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mason Family Charity Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mason Family Charity Inc located?
Mason Family Charity Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 205415754. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mason Family Charity Inc have?
Mason Family Charity Inc 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 $342K in total revenue.
Is Mason Family Charity Inc a good charity?
Based on its financial filings, Mason Family Charity Inc appears to be a very good charity from a financial health and efficiency perspective. It consistently grows its assets, keeps expenses low relative to revenue, and reports no executive compensation, suggesting a strong dedication to its mission and efficient use of funds.
How has Mason Family Charity Inc's financial health changed over time?
Mason Family Charity Inc has shown remarkable financial growth and stability over time. Its assets have increased from $115,812 in 2011 to $1,895,979 currently, and it has consistently maintained low liabilities and a positive net income, indicating excellent financial management and sustainability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all its IRS 990 filings, indicating that no salaries are paid to its officers or key employees. This is a significant factor in its financial efficiency and transparency.
Filing History
IRS 990 filing history for Mason Family Charity Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mason Family Charity Inc's revenue has grown by 137.1%, moving from $67K to $160K. Total assets increased by 1319.2% over the same period, from $116K to $1.6M. Total functional expenses rose by 1764.7%, from $5K to $85K. In its most recent filing year (2023), Mason Family Charity Inc reported a surplus of $75K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $85K | $1.6M | $1 | — | — |
| 2022 | $342K | $75K | $1.6M | $1 | — | View 990 |
| 2021 | $131K | $61K | $1.3M | $1 | — | View 990 |
| 2020 | $110K | $53K | $1.2M | $1 | — | View 990 |
| 2019 | $153K | $52K | $1.2M | $1 | — | View 990 |
| 2015 | $196K | $30K | $779K | $1 | — | View 990 |
| 2014 | $206K | $19K | $614K | $0 | — | View 990 |
| 2013 | $145K | $14K | $427K | $0 | — | View 990 |
| 2012 | $186K | $6K | $296K | $0 | — | View 990 |
| 2011 | $67K | $5K | $116K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $85K, and assets of $1.6M (revenue -53.2% year-over-year).
- 2022: Revenue of $342K, expenses of $75K, and assets of $1.6M (revenue +160.1% year-over-year).
- 2021: Revenue of $131K, expenses of $61K, and assets of $1.3M (revenue +19.8% year-over-year).
- 2020: Revenue of $110K, expenses of $53K, and assets of $1.2M (revenue -28.3% year-over-year).
- 2019: Revenue of $153K, expenses of $52K, and assets of $1.2M (revenue -22.0% year-over-year).
- 2015: Revenue of $196K, expenses of $30K, and assets of $779K (revenue -4.8% year-over-year).
- 2014: Revenue of $206K, expenses of $19K, and assets of $614K (revenue +41.9% year-over-year).
- 2013: Revenue of $145K, expenses of $14K, and assets of $427K (revenue -22.0% year-over-year).
- 2012: Revenue of $186K, expenses of $6K, and assets of $296K (revenue +175.8% year-over-year).
- 2011: Revenue of $67K, expenses of $5K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mason Family Charity Inc:
Data Sources and Methodology
This transparency report for Mason Family Charity Inc 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.