Masonic Building Association
Masonic Building Association maintains stable finances with growing assets and no reported officer compensation.
EIN: 20164055 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $196K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $794K |
| Transparency Score | 85/100 |
Is Masonic Building Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Masonic Building Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Masonic Building Association
Masonic Building Association (EIN: 20164055) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $247K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masonic Building Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Masonic Building Association is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $196K |
| Surplus / Deficit | +$60K |
| Total Assets | $1.2M |
| Total Liabilities | $413K |
| Net Assets | $794K |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 34.2% |
| Months of Reserves | 73.8 months |
Financial Health Grade: A
In 2023, Masonic Building Association reported a surplus of $60K with revenue exceeding expenses, holds 73.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Masonic Building Association's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | -16.6% | +3.6% |
| 2022 | -24.3% | +3.4% | +2.2% |
| 2021 | +52.3% | +8.5% | +12.5% |
| 2020 | -4.9% | -13.0% | +2.0% |
| 2019 | -0.7% | -2.6% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Masonic Building Association with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Masonic Building Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with over $1.2 million in assets.
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 Masonic Building Association's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to understand the organization's primary purpose and compare its financial performance against similar nonprofits.
Strengths
The following positive indicators were identified for Masonic Building Association:
- Consistent Asset Growth: Assets have steadily increased from $970,755 in 2014 to $1,207,031 in 2023, demonstrating financial stability and prudent management.
- No Officer Compensation: 0% officer compensation reported across all filings indicates highly efficient leadership and potentially more funds available for programs.
- Positive Net Income Trend: In recent years (e.g., 2023 revenue of $256,655 vs. expenses of $196,261), revenue has consistently exceeded expenses, allowing for asset accumulation.
- Stable Liabilities: Liabilities have remained relatively stable and manageable compared to assets, indicating good financial control.
Frequently Asked Questions about Masonic Building Association
Is Masonic Building Association a legitimate charity?
Masonic Building Association (EIN: 20164055) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $247K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Masonic Building Association spend its money?
Masonic Building Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Masonic Building Association tax-deductible?
Masonic Building Association is registered as a tax-exempt nonprofit (EIN: 20164055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Masonic Building Association CEO make?
Masonic Building Association's highest-compensated officer earns $1.2 annually. The organization reported $247K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Masonic Building Association's spending goes to programs?
Masonic Building Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Masonic Building Association located?
Masonic Building Association is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20164055.
How many years of IRS 990 filings does Masonic Building Association have?
Masonic Building Association has 13 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 $247K in total revenue.
Is the Masonic Building Association a good charity?
Based on the available financial data, the Masonic Building Association appears to be a well-managed organization with consistent asset growth and no reported officer compensation, suggesting efficient use of funds. However, without knowing its specific mission and program details (NTEE code), it's difficult to fully assess its charitable impact.
How has the organization's financial health changed over the past decade?
The organization's financial health has improved over the past decade, with assets growing from $970,755 in 2014 to $1,207,031 in 2023. Revenue has generally exceeded expenses in recent years, contributing to this asset growth and indicating financial stability.
What is the significance of 0% officer compensation?
0% officer compensation is a significant positive indicator, suggesting that the organization's top leadership is either entirely volunteer or compensated through other means not classified as officer compensation. This practice can lead to lower administrative costs and a greater proportion of funds potentially directed towards the organization's mission.
Filing History
IRS 990 filing history for Masonic Building Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Masonic Building Association's revenue has grown by 33.3%, moving from $193K to $257K. Total assets increased by 17.4% over the same period, from $1.0M to $1.2M. Total functional expenses rose by 6.4%, from $184K to $196K. In its most recent filing year (2023), Masonic Building Association reported a surplus of $60K, with revenue exceeding expenses. The organization holds $413K in liabilities against $1.2M in assets (debt-to-asset ratio: 34.2%), resulting in net assets of $794K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $196K | $1.2M | $413K | — | — |
| 2022 | $256K | $235K | $1.2M | $431K | — | View 990 |
| 2021 | $338K | $228K | $1.1M | $433K | — | View 990 |
| 2020 | $222K | $210K | $1.0M | $423K | — | — |
| 2019 | $233K | $241K | $994K | $422K | — | View 990 |
| 2018 | $235K | $248K | $1.0M | $438K | — | View 990 |
| 2017 | $227K | $224K | $1.0M | $429K | — | View 990 |
| 2016 | $229K | $213K | $1.0M | $435K | — | View 990 |
| 2015 | $202K | $213K | $1.0M | $487K | — | View 990 |
| 2014 | $189K | $260K | $971K | $424K | — | View 990 |
| 2013 | $200K | $213K | $1.0M | $428K | — | View 990 |
| 2012 | $185K | $190K | $1.0M | $426K | — | View 990 |
| 2011 | $193K | $184K | $1.0M | $423K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $196K, and assets of $1.2M (revenue +0.3% year-over-year).
- 2022: Revenue of $256K, expenses of $235K, and assets of $1.2M (revenue -24.3% year-over-year).
- 2021: Revenue of $338K, expenses of $228K, and assets of $1.1M (revenue +52.3% year-over-year).
- 2020: Revenue of $222K, expenses of $210K, and assets of $1.0M (revenue -4.9% year-over-year).
- 2019: Revenue of $233K, expenses of $241K, and assets of $994K (revenue -0.7% year-over-year).
- 2018: Revenue of $235K, expenses of $248K, and assets of $1.0M (revenue +3.6% year-over-year).
- 2017: Revenue of $227K, expenses of $224K, and assets of $1.0M (revenue -0.9% year-over-year).
- 2016: Revenue of $229K, expenses of $213K, and assets of $1.0M (revenue +13.2% year-over-year).
- 2015: Revenue of $202K, expenses of $213K, and assets of $1.0M (revenue +6.9% year-over-year).
- 2014: Revenue of $189K, expenses of $260K, and assets of $971K (revenue -5.5% year-over-year).
- 2013: Revenue of $200K, expenses of $213K, and assets of $1.0M (revenue +7.9% year-over-year).
- 2012: Revenue of $185K, expenses of $190K, and assets of $1.0M (revenue -3.8% year-over-year).
- 2011: Revenue of $193K, expenses of $184K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Masonic Building Association:
Data Sources and Methodology
This transparency report for Masonic Building Association 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.