The Masonic Building Corporation

Nonprofit profile at a glance

EIN
870789970
IRS 990-EZ coverage
2016–2025
Forms available
Form 990-EZ 2025
Location
Griswold, CT, USA
Phone
8603765295
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$49,293
Expenses
$45,372
Assets
$44,069
Liabilities
$1,100

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Jeff Joslyn (President)
  • Ryan Snide (Vice President)

People named in this filing

  • Jeff Joslyn (President)
  • Brian Keith (Secretary)
  • Ryan Snide (Vice President)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide support to other small nonprofit organizations, including space for their meetings and training sessions. Provide kitchen and dining services for their fundraising events; provide storage space for equipment, signs, etc.

What it reported doing in 2025

The corporation attempts to support any and all local small charitable organizations and volunteers doing work for such organizations. Some these volunteer efforts are to raise funds to donate to a specific organization. For example, this year we provided space and food for a breakfast fundraiser for the local high school volleyball team. The team requested we pass the income from this event to the Dana Farber Cancer Research Institute, which we did. We provide our facility to local nonprofit organizations who may not yet have a determination letter for their meetings and events free of charge. The corporation provided local youth sport organizations, such as little league and youth football, a location for player registration and coach training, free of charge.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
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 verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.4%; rating input score 31
  • Program expense ratio: 34.2%; rating input score 34

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 18.8% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 8.4% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 31.4% of revenue deployed · 34.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

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

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.