Waterbury Masonic Temple Corp
EIN: 60581565 · Waterbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $55K |
| Net Assets | $720K |
Is Waterbury Masonic Temple Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waterbury Masonic Temple Corp
Waterbury Masonic Temple Corp (EIN: 60581565) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $83K and total assets of $740K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterbury Masonic Temple Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterbury Masonic Temple Corp is a micro nonprofit that has been operating for 85 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -15.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $55K |
| Surplus / Deficit | +$15K |
| Total Assets | $720K |
| Net Assets | $720K |
| Operating Margin | 21.9% |
| Months of Reserves | 157.8 months |
Financial Health Grade: A
In 2024, Waterbury Masonic Temple Corp reported a surplus of $15K with revenue exceeding expenses, holds 157.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), Waterbury Masonic Temple Corp's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.6% | -52.9% | +2.2% |
| 2023 | +2.3% | -6.5% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waterbury Masonic Temple Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Waterbury Masonic Temple Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Waterbury Masonic Temple Corp
Is Waterbury Masonic Temple Corp a legitimate charity?
Waterbury Masonic Temple Corp (EIN: 60581565) is a registered tax-exempt nonprofit based in Connecticut. It has 3 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. Financial health grade: A.
How does Waterbury Masonic Temple Corp spend its money?
Waterbury Masonic Temple Corp reported $83K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Waterbury Masonic Temple Corp tax-deductible?
Waterbury Masonic Temple Corp is registered as a tax-exempt nonprofit (EIN: 60581565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waterbury Masonic Temple Corp located?
Waterbury Masonic Temple Corp is headquartered in Waterbury, Connecticut and files with the IRS under EIN 60581565.
How many years of IRS 990 filings does Waterbury Masonic Temple Corp have?
Waterbury Masonic Temple Corp has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $83K in total revenue.
Filing History
IRS 990 filing history for Waterbury Masonic Temple Corp showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Waterbury Masonic Temple Corp's revenue has declined by 27.9%, moving from $97K to $70K. Total assets decreased by 0.2% over the same period, from $721K to $720K. Total functional expenses fell by 56%, from $124K to $55K. In its most recent filing year (2024), Waterbury Masonic Temple Corp reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $70K | $55K | $720K | $0 | — | — |
| 2023 | $100K | $116K | $705K | $0 | — | — |
| 2022 | $97K | $124K | $721K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $70K, expenses of $55K, and assets of $720K (revenue -29.6% year-over-year).
- 2023: Revenue of $100K, expenses of $116K, and assets of $705K (revenue +2.3% year-over-year).
- 2022: Revenue of $97K, expenses of $124K, and assets of $721K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterbury Masonic Temple Corp:
Data Sources and Methodology
This transparency report for Waterbury Masonic Temple Corp 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.