Ancient Free & Accepted Masons of Iowa
501(c)(10) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Ancient Free & Accepted Masons of Iowa is a 501(c)(10) organization based in Waverly, Iowa, registered in 1972, with $50,273 in FY2024 revenue. CharityIndex grades it D.
203 3rd St Se, Waverly, IA, 50677 EIN 23-7502896 Since 1972
Revenue (FY2024)
$50K
▲ 43.8% vs prior year
Expenses (FY2024)
$72K
Net assets
$798K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ancient Free & Accepted Masons of Iowa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating134 mo reserves · -43% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ancient Free & Accepted Masons of Iowa: 134 mo reserves · -43% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ancient Free & Accepted Masons of Iowa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ancient Free & Accepted Masons of Iowa: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $67K (FY2013) to $50K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $798K
Operating margin
-42.5%
Spent more than it raised in the latest fiscal year.
Total assets
$798K
Total liabilities
$0
Net assets
$798K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,273▲43.8% | $71,642▲4.9% | $798,077▼2.6% | $798,077▼2.6% | 990 |
| 2023 | $34,960▲0.1% | $68,319▲9.6% | $819,446▼3.9% | $819,446▼3.9% | 990 |
| 2022 | $34,912▼79.6% | $62,363▼15.0% | $852,805▼3.1% | $852,805▼3.1% | 990 |
| 2021 | $170,933▲184% | $73,366▲110% | $880,256▲12.5% | $880,256▲12.5% | 990 |
| 2020 | $60,244▲2.9% | $35,018▼14.4% | $782,689▲3.3% | $782,689▲3.3% | 990 |
| 2019 | $58,542▲16.7% | $40,896▲59.5% | $757,463▲2.4% | $757,463▲2.4% | 990 |
| 2018 | $50,169▲146% | $25,644▼29.7% | $739,817▲3.4% | $739,817▲3.4% | 990 |
| 2017 | $20,409▲126% | $36,484▲36.3% | $715,292▼2.2% | $715,292▼2.2% | 990 |
| 2016 | $9,046▼82.6% | $26,777▼19.6% | $731,367▼0.3% | $731,367▼0.3% | 990 |
| 2015 | $51,998▼22.1% | $33,308▲23.0% | $733,914▼1.5% | $733,914▼1.5% | 990 |
| 2013 | $66,780 | $27,082▼14.1% | $745,224▲9.7% | $745,224▲9.7% | 990 |
| 2012 | — | $31,523▼18.7% | $679,559▲2.9% | $679,559▲2.9% | 990 |
| 2011 | — | $38,787 | $660,624 | $660,624 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Ancient Free & Accepted Masons of Iowa a legitimate nonprofit?
- Yes. Ancient Free & Accepted Masons of Iowa is a 501(c)(10) organization registered with the U.S. Internal Revenue Service under EIN 23-7502896, based in Waverly, Iowa. Donations are tax-deductible.
- What is Ancient Free & Accepted Masons of Iowa's EIN?
- Ancient Free & Accepted Masons of Iowa's Employer Identification Number (EIN) is 23-7502896.
- How much revenue does Ancient Free & Accepted Masons of Iowa report?
- Ancient Free & Accepted Masons of Iowa reported $50,273 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ancient Free & Accepted Masons of Iowa have?
- CharityIndex grades Ancient Free & Accepted Masons of Iowa D, based on financial health (reserves and operating margin).
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Data for Ancient Free & Accepted Masons of Iowa (EIN 23-7502896) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.