Thomas And Cindy Massie Foundation
Thomas And Cindy Massie Foundation maintains strong assets and zero officer compensation despite fluctuating revenues.
EIN: 200491278 · Anchorage, AK · NTEE: T113 · Updated: 2026-03-28
Is Thomas And Cindy Massie Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas And Cindy Massie Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas And Cindy Massie Foundation
Thomas And Cindy Massie Foundation (EIN: 200491278) is a nonprofit organization based in Anchorage, AK, classified under NTEE code T113. The organization reported total revenue of $5.7M and total assets of $23.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas And Cindy Massie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas And Cindy Massie Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -111.6% | -4.8% | -4.8% |
| 2022 | -53.7% | +8.8% | -0.8% |
| 2021 | +59.8% | +6.0% | +4.1% |
| 2020 | +30.2% | -48.6% | +1.2% |
| 2019 | +28.3% | +827.2% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Thomas And Cindy Massie Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Thomas And Cindy Massie Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-reportable means, which is highly favorable for 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.
Red Flags
The following concerns were identified during AI analysis of Thomas And Cindy Massie Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2023, which could impact future grantmaking capacity if not managed by the endowment.
Strengths
The following positive indicators were identified for Thomas And Cindy Massie Foundation:
- Consistently strong asset base, exceeding $23 million in recent years, indicating long-term financial stability.
- Zero officer compensation reported across all filings, suggesting high efficiency in leadership costs.
- Extremely low liabilities, often $0 or $1, demonstrating a very healthy balance sheet and minimal financial risk.
- Consistent spending levels in recent years despite revenue fluctuations, indicating disciplined financial management.
Frequently Asked Questions about Thomas And Cindy Massie Foundation
Is Thomas And Cindy Massie Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas And Cindy Massie Foundation (EIN: 200491278) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Thomas And Cindy Massie Foundation spend its money?
Thomas And Cindy Massie Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thomas And Cindy Massie Foundation tax-deductible?
Thomas And Cindy Massie Foundation is registered as a tax-exempt nonprofit (EIN: 200491278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Thomas And Cindy Massie Foundation a good charity?
Based on the available IRS 990 data, the Thomas And Cindy Massie Foundation appears to be a very good charity. It maintains a substantial asset base ($23,173,913 in 2023), consistently reports 0% officer compensation, and has extremely low liabilities, all indicating strong financial health and efficient use of resources for its grantmaking mission.
Why was revenue negative in 2023?
The 2023 filing shows a negative revenue of $-107,022. This could be due to various factors such as investment losses, significant returns of prior year grants, or accounting adjustments. Without more detailed financial statements, the exact reason cannot be determined from the summary data.
How does the foundation manage its expenses with fluctuating revenue?
Despite significant fluctuations in revenue, such as $16,739,903 in 2014 and $-107,022 in 2023, the foundation's expenses have remained relatively stable in recent years (e.g., $1,068,957 in 2023, $1,122,717 in 2022). This suggests a disciplined approach to spending, likely supported by its substantial asset base which provides a buffer against revenue volatility.
Filing History
IRS 990 filing history for Thomas And Cindy Massie Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Thomas And Cindy Massie Foundation's revenue has declined by 127.7%, moving from $387K to $-107,022. Total assets increased by 688.8% over the same period, from $2.9M to $23.2M. Total functional expenses rose by 5087.9%, from $21K to $1.1M. The organization holds $1 in liabilities against $23.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-107,022 | $1.1M | $23.2M | $1 | — | — |
| 2022 | $923K | $1.1M | $24.3M | $1 | — | View 990 |
| 2021 | $2.0M | $1.0M | $24.5M | $1 | — | View 990 |
| 2020 | $1.2M | $973K | $23.6M | $1 | — | View 990 |
| 2019 | $959K | $1.9M | $23.3M | $0 | — | View 990 |
| 2015 | $748K | $204K | $24.8M | $0 | — | View 990 |
| 2014 | $16.7M | $113K | $24.3M | $0 | — | View 990 |
| 2013 | $4.6M | $52K | $7.7M | $0 | — | View 990 |
| 2012 | $206K | $56K | $3.1M | $0 | — | View 990 |
| 2011 | $387K | $21K | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-107,022, expenses of $1.1M, and assets of $23.2M (revenue -111.6% year-over-year).
- 2022: Revenue of $923K, expenses of $1.1M, and assets of $24.3M (revenue -53.7% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.0M, and assets of $24.5M (revenue +59.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $973K, and assets of $23.6M (revenue +30.2% year-over-year).
- 2019: Revenue of $959K, expenses of $1.9M, and assets of $23.3M (revenue +28.3% year-over-year).
- 2015: Revenue of $748K, expenses of $204K, and assets of $24.8M (revenue -95.5% year-over-year).
- 2014: Revenue of $16.7M, expenses of $113K, and assets of $24.3M (revenue +261.9% year-over-year).
- 2013: Revenue of $4.6M, expenses of $52K, and assets of $7.7M (revenue +2145.7% year-over-year).
- 2012: Revenue of $206K, expenses of $56K, and assets of $3.1M (revenue -46.7% year-over-year).
- 2011: Revenue of $387K, expenses of $21K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas And Cindy Massie Foundation:
Data Sources and Methodology
This transparency report for Thomas And Cindy Massie Foundation 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.