Mason Parson Family Foundation Inc
Mason Parson Family Foundation experiences significant asset growth with minimal expenses in latest fiscal year.
EIN: 200488942 · Broad Run, VA · NTEE: T22 · Updated: 2026-03-28
Is Mason Parson Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mason Parson Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mason Parson Family Foundation Inc
Mason Parson Family Foundation Inc (EIN: 200488942) is a nonprofit organization based in Broad Run, VA, classified under NTEE code T22. The organization reported total revenue of $693K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mason Parson Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mason Parson Family Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 70.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $111K |
| Surplus / Deficit | +$3.8M |
| Total Assets | $4.3M |
| Total Liabilities | $1 |
| Net Assets | $4.3M |
| Operating Margin | 97.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 465.6 months |
Financial Health Grade: A
In 2023, Mason Parson Family Foundation Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 465.6 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 Parson Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 70.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17596.8% | +523.7% | +736.5% |
| 2022 | -43.8% | +43.5% | +0.8% |
| 2021 | +138.7% | +43.3% | +5.5% |
| 2020 | -16.5% | -82.0% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Parson Family Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mason Parson Family Foundation Inc 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:
- The organization reported a surplus of $3.8M, 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 the foundation's leadership is unpaid, which is highly favorable for donor perception and resource allocation.
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 Mason Parson Family Foundation Inc:
- Exceptional financial health with significant asset growth (from $514,263 to $4,301,821 in one year).
- Very low expenses relative to revenue, especially in 202312 ($110,863 expenses vs. $3,898,421 revenue).
- Consistent reporting of zero officer compensation, indicating unpaid leadership.
- Minimal liabilities across all filing periods, suggesting sound financial management.
- Consistent IRS 990 filing history demonstrating transparency and compliance.
Frequently Asked Questions about Mason Parson Family Foundation Inc
Is Mason Parson Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mason Parson Family Foundation Inc (EIN: 200488942) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Mason Parson Family Foundation Inc spend its money?
Mason Parson Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mason Parson Family Foundation Inc tax-deductible?
Mason Parson Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200488942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mason Parson Family Foundation Inc. a good charity?
Based on the provided financial data, the Mason Parson Family Foundation Inc. appears to be a very good charity. It demonstrates excellent financial health, significant asset growth, very low expenses relative to revenue, and a commitment to transparency with zero reported officer compensation.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, particularly in the 202312 period. While revenue and assets were relatively stable and modest in earlier years (e.g., $22,029 revenue and $514,263 assets in 202212), the 202312 filing shows a dramatic increase to $3,898,421 in revenue and $4,301,821 in assets, indicating a substantial positive shift.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% officer compensation across all ten available filing periods, indicating that its executives are not paid, which is a strong positive for efficiency and donor trust.
Filing History
IRS 990 filing history for Mason Parson Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mason Parson Family Foundation Inc's revenue has grown by 61379.6%, moving from $6K to $3.9M. Total assets increased by 643.1% over the same period, from $579K to $4.3M. Total functional expenses rose by 490%, from $19K to $111K. In its most recent filing year (2023), Mason Parson Family Foundation Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $111K | $4.3M | $1 | — | — |
| 2022 | $22K | $18K | $514K | $1 | — | View 990 |
| 2021 | $39K | $12K | $510K | $1 | — | View 990 |
| 2020 | $16K | $9K | $483K | $1 | — | — |
| 2019 | $20K | $48K | $475K | $1 | — | View 990 |
| 2015 | $-5,062 | $21K | $543K | $0 | — | View 990 |
| 2014 | $34K | $28K | $562K | $1 | — | View 990 |
| 2013 | $54K | $50K | $556K | $0 | — | View 990 |
| 2012 | $45K | $71K | $553K | $1 | — | View 990 |
| 2011 | $6K | $19K | $579K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $111K, and assets of $4.3M (revenue +17596.8% year-over-year).
- 2022: Revenue of $22K, expenses of $18K, and assets of $514K (revenue -43.8% year-over-year).
- 2021: Revenue of $39K, expenses of $12K, and assets of $510K (revenue +138.7% year-over-year).
- 2020: Revenue of $16K, expenses of $9K, and assets of $483K (revenue -16.5% year-over-year).
- 2019: Revenue of $20K, expenses of $48K, and assets of $475K.
- 2015: Revenue of $-5,062, expenses of $21K, and assets of $543K (revenue -114.9% year-over-year).
- 2014: Revenue of $34K, expenses of $28K, and assets of $562K (revenue -36.8% year-over-year).
- 2013: Revenue of $54K, expenses of $50K, and assets of $556K (revenue +19.3% year-over-year).
- 2012: Revenue of $45K, expenses of $71K, and assets of $553K (revenue +611.1% year-over-year).
- 2011: Revenue of $6K, expenses of $19K, and assets of $579K.
Data Sources and Methodology
This transparency report for Mason Parson Family Foundation 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.