Mason Tenders Training Fund

Mason Tenders Training Fund faces significant financial challenges with consistent operational deficits and declining assets.

EIN: 133458660 · Long Is City, NY · NTEE: B30 · Updated: 2026-03-28

$10.0MRevenue
$24.3MAssets
55/100Mission Score (Fair)
B30

About Mason Tenders Training Fund

Mason Tenders Training Fund (EIN: 133458660) is a nonprofit organization based in Long Is City, NY, classified under NTEE code B30. The organization reported total revenue of $10.0M and total assets of $24.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mason Tenders Training Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Mason Tenders Training Fund exhibits a concerning trend of declining financial health over the past several years. While the organization's mission is to provide training, its expenses have consistently outpaced its revenue, leading to a significant depletion of assets. For instance, in 2023, revenue was $2,490,700 against expenses of $8,355,180, resulting in a substantial deficit. This pattern is not isolated, as evidenced by the 2022 figures where revenue was $1,363,213 and expenses were $8,062,074. This sustained operational deficit raises questions about the long-term sustainability of the organization's current financial model. The organization's assets have decreased dramatically, from a peak of $49,304,010 in 2019 to $28,395,571 in 2023, indicating that the organization is drawing down its reserves to cover operational costs. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator of spending efficiency in that specific area. However, without a detailed breakdown of program, administrative, and fundraising expenses, a comprehensive assessment of overall spending efficiency is challenging. The NTEE code B30 (Labor Unions and Auxiliaries) suggests a focus on member services, but the financial trends warrant closer scrutiny regarding how funds are being utilized to achieve its mission amidst declining resources. Transparency regarding executive compensation is high, with all filings showing 0% officer compensation. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess the efficiency of program spending versus administrative or fundraising costs. The consistent operational deficits and the significant reduction in assets are major concerns that impact the organization's financial stability and its ability to continue its mission effectively in the long run. Further transparency on the allocation of the substantial expenses would be beneficial for a complete financial picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mason Tenders Training Fund with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Mason Tenders Training Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no portion of the organization's expenses is allocated to officer salaries, which is highly unusual for an organization of this size and suggests a strong commitment to minimizing executive overhead.

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 Tenders Training Fund's IRS 990 filings:

Strengths

The following positive indicators were identified for Mason Tenders Training Fund:

Frequently Asked Questions about Mason Tenders Training Fund

Is Mason Tenders Training Fund financially sustainable?

Based on the consistent operational deficits (e.g., $2.49M revenue vs. $8.35M expenses in 2023) and the significant decline in assets from $49.3M in 2019 to $28.3M in 2023, the organization's current financial model appears unsustainable without a change in revenue generation or expense management.

What is causing the large operational deficits?

The provided data indicates that expenses consistently exceed revenue by several million dollars annually (e.g., $5.8M deficit in 2023, $6.7M deficit in 2022). Without a detailed breakdown of expenses, it's difficult to pinpoint the exact causes, but it suggests either insufficient funding for its operations or high operational costs relative to its income.

How does the organization plan to address the declining asset base?

The organization's assets have decreased by over $20 million since 2019. This trend suggests the organization is using its reserves to cover operational shortfalls. A strategy to either increase revenue or significantly reduce expenses would be necessary to halt this decline.

Filing History

IRS 990 filing history for Mason Tenders Training Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mason Tenders Training Fund's revenue has declined by 65.8%, moving from $7.3M to $2.5M. Total assets decreased by 14.2% over the same period, from $33.1M to $28.4M. Total functional expenses rose by 45.7%, from $5.7M to $8.4M. In its most recent filing year (2023), Mason Tenders Training Fund reported a deficit of $5.9M, with expenses exceeding revenue. The organization holds $667K in liabilities against $28.4M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $27.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $2.5M $8.4M $28.4M $667K
2022 $1.4M $8.1M $32.8M $693K View 990
2021 $3.8M $7.4M $44.0M $746K View 990
2020 $5.5M $7.5M $48.5M $640K
2019 $5.8M $7.7M $49.3M $623K View 990
2018 $8.4M $7.4M $47.8M $525K View 990
2017 $12.3M $9.3M $47.5M $215K
2016 $7.6M $6.6M $46.3M $227K View 990
2015 $7.7M $6.5M $43.4M $168K View 990
2014 $7.4M $6.8M $42.2M $158K View 990
2013 $7.2M $5.7M $40.1M $199K View 990
2012 $6.6M $5.7M $36.1M $184K View 990
2011 $7.3M $5.7M $33.1M $138K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Mason Tenders Training Fund 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.

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