The First Worshipful Masters' Association of Massachusetts

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

5 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To promote fraternalism amongst the past masters of the lodges of the first masonic district of Massachusetts and do good in the community.

To hold meetings of the association to promote fraternalism and cooperation

Revenue model: Investment-supported. 86% of the money available for current operations came from recurring investment income.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 87.5%; rating input score 88; 6th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: 27.3%; rating input score 77; 77th percentile among comparable filings
Total-asset coverage ratio: 24.64; rating input score 83; 83rd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Program expense growth: 11.6% per year; rating input score 100; 77th percentile among comparable filings
Revenue growth: 11.3% per year; rating input score 100; 88th percentile among comparable filings
Asset growth: 5.4% per year; rating input score 100; 68th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 50 of 5 board members independent · 2 of 7 filing controls reported
Programs: 1 filed program accomplishment · $17K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 7 of 8 current checks pass · 1 finding to review
Schedules: 1 filed schedules
Filing history: 8 filing years from 2016 to 2024
Contacts: How to reach this organization
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Accountability: Governance controls: 4 of 6 not reported.
Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.