Masters Mates & Pilots Vacation Fund is a 501(c)(9) organization based in Linthicum Hts, Maryland, registered in 1986, with $44,334,848 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$44.3M
▲ 7.0% vs prior year
Expenses (FY2024)
$43.1M
Net assets
$13.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Masters Mates & Pilots Vacation Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Masters Mates & Pilots Vacation Fund: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
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 Masters Mates & Pilots Vacation Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Masters Mates & Pilots Vacation Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $30.0M (FY2013) to $44.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.3M
Total liabilities
$770K
Net assets
$13.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $44,334,848▲7.0% | $43,107,901▲7.0% | $13,548,520▲10.0% | $14,318,292▲9.9% | 990 |
| 2023 | $41,429,517▲10.4% | $40,290,678▲6.9% | $12,321,573▲10.2% | $13,023,758▲11.4% | 990 |
| 2022 | $37,512,218▲3.9% | $37,677,801▲6.8% | $11,182,734▼1.5% | $11,694,690▲0.1% | 990 |
| 2021 | $36,095,022▲6.6% | $35,280,955▲8.8% | $11,348,317▲7.7% | $11,683,449▲4.5% | 990 |
| 2020 | $33,874,867▲0.6% | $32,426,733▼2.0% | $10,534,250▲15.9% | $11,185,532▲18.7% | 990 |
| 2019 | $33,686,342▲4.5% | $33,094,846▲1.7% | $9,086,116▲7.0% | $9,424,371▲4.1% | 990 |
| 2018 | $32,234,616▲0.4% | $32,544,393▲0.8% | $8,494,620▼3.5% | $9,053,668▼0.5% | 990 |
| 2017 | $32,118,422▼1.3% | $32,279,523▼1.3% | $8,804,397▼1.8% | $9,097,304▼4.1% | 990 |
| 2016 | $32,541,201▲0.5% | $32,689,749▲1.5% | $8,965,498▼1.6% | $9,489,974▼0.6% | 990 |
| 2015 | $32,395,219▲0.1% | $32,205,576▲1.6% | $9,114,046▲2.1% | $9,551,558 | 990 |
| 2014 | $32,363,751▲7.7% | $31,692,673▲2.9% | $8,924,403▲8.1% | $9,548,795▲7.0% | 990 |
| 2013 | $30,037,045 | $30,813,752▼7.7% | $8,253,325▼8.6% | $8,923,736▼7.9% | 990 |
| 2012 | — | $33,380,902▲0.8% | $9,030,032▼12.7% | $9,685,428▼11.7% | 990 |
| 2011 | — | $33,113,341▼2.4% | $10,339,065▲1.2% | $10,968,537▲1.2% | 990 |
| 2010 | — | $33,913,905 | $10,217,086 | $10,839,322 | 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.
Explore more
Data for Masters Mates & Pilots Vacation Fund (EIN 13-5638830) 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.