Masonic Medical Research Laboratory
Masonic Medical Research Laboratory consistently reports 0% officer compensation despite fluctuating revenues and occasional operational deficits.
EIN: 135648611 · Utica, NY · NTEE: H920 · Updated: 2026-03-28
Is Masonic Medical Research Laboratory Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Masonic Medical Research Laboratory directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Masonic Medical Research Laboratory
Masonic Medical Research Laboratory (EIN: 135648611) is a nonprofit organization based in Utica, NY, classified under NTEE code H920. The organization reported total revenue of $18.7M and total assets of $41.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Masonic Medical Research Laboratory's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Masonic Medical Research Laboratory 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Masonic Medical Research Laboratory 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size with assets exceeding $40 million and annual expenses often over $9 million, suggesting either a fully volunteer leadership or compensation being covered by an external entity, which warrants further investigation for complete transparency.
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 Medical Research Laboratory's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2022, 2020) where expenses exceeded revenue.
- Unusually consistent 0% officer compensation for an organization of this size, which may obscure true leadership costs if compensated externally.
Strengths
The following positive indicators were identified for Masonic Medical Research Laboratory:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending.
- Substantial asset base ($43,915,688 in 2023) providing financial stability.
- Strong asset-to-liability ratio, indicating good financial health in terms of solvency.
Frequently Asked Questions about Masonic Medical Research Laboratory
Is Masonic Medical Research Laboratory a legitimate charity?
Based on AI analysis of IRS 990 filings, Masonic Medical Research Laboratory (EIN: 135648611) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Masonic Medical Research Laboratory spend its money?
Masonic Medical Research Laboratory directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Masonic Medical Research Laboratory tax-deductible?
Masonic Medical Research Laboratory is registered as a tax-exempt nonprofit (EIN: 135648611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Masonic Medical Research Laboratory a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting a strong dedication to its mission. However, the recurring operational deficits in recent years (e.g., 2023, 2022, 2020) warrant closer examination of its long-term financial sustainability.
How does the organization fund its operations given the 0% officer compensation?
The 0% officer compensation is highly unusual for an organization of this scale. It suggests that either the leadership is entirely volunteer, or their compensation is covered by an affiliated entity or through other means not reported on the 990 as direct officer compensation. This practice, while seemingly efficient, could obscure the true cost of leadership.
What is the trend in the organization's financial health?
The organization's financial health shows volatility. While it has substantial assets (over $40 million in 2023), it has experienced several years where expenses exceeded revenue, such as in 2023 ($10.4M expenses vs. $8.0M revenue) and 2022 ($9.3M expenses vs. $4.1M revenue). This indicates a reliance on reserves or other funding sources to cover operational costs in some periods.
Are the assets sufficient to cover liabilities?
Yes, the organization's assets significantly exceed its liabilities. In 2023, assets were $43,915,688 while liabilities were $7,077,330, indicating a strong balance sheet and financial stability in terms of asset-to-liability ratio.
Filing History
IRS 990 filing history for Masonic Medical Research Laboratory showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Masonic Medical Research Laboratory's revenue has grown by 99.4%, moving from $4.1M to $8.1M. Total assets increased by 26.6% over the same period, from $34.7M to $43.9M. Total functional expenses rose by 155.3%, from $4.1M to $10.4M. In its most recent filing year (2023), Masonic Medical Research Laboratory reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $7.1M in liabilities against $43.9M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $36.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $10.4M | $43.9M | $7.1M | — | View 990 |
| 2022 | $4.2M | $9.4M | $51.8M | $12.5M | — | — |
| 2021 | $10.3M | $9.4M | $55.3M | $13.1M | — | View 990 |
| 2020 | $7.0M | $9.1M | $52.0M | $13.0M | — | — |
| 2019 | $7.9M | $7.8M | $52.7M | $11.9M | — | View 990 |
| 2018 | $8.5M | $5.0M | $47.3M | $11.1M | — | View 990 |
| 2017 | $2.0M | $3.3M | $40.7M | $5.0M | — | View 990 |
| 2016 | $2.8M | $3.3M | $35.1M | $336K | — | View 990 |
| 2015 | $3.3M | $4.5M | $35.7M | $466K | — | View 990 |
| 2014 | $6.3M | $4.8M | $39.4M | $386K | — | View 990 |
| 2013 | $3.9M | $4.5M | $39.9M | $321K | — | View 990 |
| 2012 | $6.3M | $4.5M | $37.8M | $349K | — | View 990 |
| 2011 | $4.1M | $4.1M | $34.7M | $257K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $10.4M, and assets of $43.9M (revenue +94.6% year-over-year).
- 2022: Revenue of $4.2M, expenses of $9.4M, and assets of $51.8M (revenue -59.8% year-over-year).
- 2021: Revenue of $10.3M, expenses of $9.4M, and assets of $55.3M (revenue +47.2% year-over-year).
- 2020: Revenue of $7.0M, expenses of $9.1M, and assets of $52.0M (revenue -10.6% year-over-year).
- 2019: Revenue of $7.9M, expenses of $7.8M, and assets of $52.7M (revenue -7.6% year-over-year).
- 2018: Revenue of $8.5M, expenses of $5.0M, and assets of $47.3M (revenue +324.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $3.3M, and assets of $40.7M (revenue -27.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $3.3M, and assets of $35.1M (revenue -15.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $4.5M, and assets of $35.7M (revenue -47.9% year-over-year).
- 2014: Revenue of $6.3M, expenses of $4.8M, and assets of $39.4M (revenue +61.6% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.5M, and assets of $39.9M (revenue -38.5% year-over-year).
- 2012: Revenue of $6.3M, expenses of $4.5M, and assets of $37.8M (revenue +56.6% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.1M, and assets of $34.7M.
Data Sources and Methodology
This transparency report for Masonic Medical Research Laboratory 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.