Civic Intelligence

The Masters Study Inc

990 • Fiscal year 2016 • EIN 06-1643567

Jul 01, 2015 to Jun 30, 2016 • Filed on Jul 28, 2016

Organization ProfileWWW.THEMASTERSSTUDY.ORG
2606 W 96th StreetIndianapolis, IN 46268

(317) 361-3964

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

57th percentile

5.4%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

81st percentile

24%

Faster asset growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

33%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$160,812

Up $30,715 (+24%) from 2015

Net Assets

Up

$160,491

Up $30,682 (+24%) from 2015

Liabilities

Up

$321

Up $33 (+11%) from 2015

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin57th percentile

Revenue

Up

$564,071

Up $140,618 (+33%) from 2015

Expenses

Up

$533,389

Up $99,629 (+23%) from 2015

Net Income

Up

$30,682

Up $40,989 (+398%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2010: $36,893Liabilities 2010: $2Net Assets 2010: $36,8912010Assets 2011: $63,482Liabilities 2011: $916Net Assets 2011: $62,5662011Assets 2012: $93,821Liabilities 2012: $350Net Assets 2012: $93,4712012Assets 2013: $103,343Liabilities 2013: $207Net Assets 2013: $103,1362013Assets 2014: $140,363Liabilities 2014: $247Net Assets 2014: $140,1162014Assets 2015: $130,097Liabilities 2015: $288Net Assets 2015: $129,8092015Assets 2016: $160,812Liabilities 2016: $321Net Assets 2016: $160,4912016Assets 2017: $168,136Liabilities 2017: $3,499Net Assets 2017: $164,6372017Assets 2018: $120,212Liabilities 2018: $0Net Assets 2018: $120,2122018Assets 2019: $120,242Liabilities 2019: $0Net Assets 2019: $120,2422019Assets 2020: $108,659Liabilities 2020: $0Net Assets 2020: $108,6592020Assets 2021: $109,543Liabilities 2021: $0Net Assets 2021: $109,5432021Assets 2022: $140,754Liabilities 2022: $1,605Net Assets 2022: $139,1492022Assets 2023: $160,880Liabilities 2023: $3,612Net Assets 2023: $157,2682023Assets 2024: $164,201Liabilities 2024: $2,841Net Assets 2024: $161,3602024Assets 2025: $177,602Liabilities 2025: $7,268Net Assets 2025: $170,3342025

Highlighted filing

2016

Assets$160,812
Liabilities$321
Net Assets$160,491
Open 2016 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $117,149Expenses 2010: $103,686Net Income 2010: $13,4632010Revenue 2011: $148,177Expenses 2011: $122,502Net Income 2011: $25,6752011Expenses 2012: $186,8962012Revenue 2013: $311,748Expenses 2013: $302,083Net Income 2013: $9,6652013Revenue 2014: $408,057Expenses 2014: $371,077Net Income 2014: $36,9802014Revenue 2015: $423,453Expenses 2015: $433,760Net Income 2015: -$10,3072015Revenue 2016: $564,071Expenses 2016: $533,389Net Income 2016: $30,6822016Revenue 2017: $546,978Expenses 2017: $542,832Net Income 2017: $4,1462017Revenue 2018: $540,900Expenses 2018: $585,325Net Income 2018: -$44,4252018Revenue 2019: $405,799Expenses 2019: $405,769Net Income 2019: $302019Revenue 2020: $371,629Expenses 2020: $383,212Net Income 2020: -$11,5832020Revenue 2021: $405,772Expenses 2021: $404,888Net Income 2021: $8842021Revenue 2022: $415,353Expenses 2022: $385,747Net Income 2022: $29,6062022Revenue 2023: $425,529Expenses 2023: $407,410Net Income 2023: $18,1192023Revenue 2024: $457,523Expenses 2024: $453,431Net Income 2024: $4,0922024Revenue 2025: $493,149Expenses 2025: $484,175Net Income 2025: $8,9742025

Highlighted filing

2016

Revenue$564,071
Expenses$533,389
Net Income$30,682
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jul 28, 2016
Return Version
2015v2.1
Gross Receipts
$564,071
Mission and Program Overview

Mission

Classical christian education school providing a supplemental tutelage, private educational program including art, latin, fine arts, history, writing, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$129,809$160,491▲ $30,682
Savings and Temporary Cash Investments$123,915$153,384▲ $29,469
Cash and Non-Interest-Bearing Accounts$4,734$7,428▲ $2,694
Prepaid Expenses and Deferred Charges$1,190--
Accounts Receivable$258--
Total Assets$130,097$160,812▲ $30,715
Liabilities
Accounts Payable and Accrued Expenses$288$321▲ $33
Total Liabilities$288$321▲ $33
Net Assets / Fund Balance
Total Net Assets Fund Balance$129,809$160,491▲ $30,682
Total Liabilities and Net Assets / Fund Balance$130,097$160,812▲ $30,715

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$7,453--$1,568$5,885
2014$11,003--$3,550$7,453
2013-$11,000▲ $3-$11,003
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Cindy BrumbargerProgram DirectorFT$37,474$37,474
Ron BrumbargerTreasurerPT$636$636

Board Members and Trustees

NameTitle
Ryan BensonChairman
Jeff HaskinsVice-chairman
Aaron GickDirector
Rob ThomasDirector
Steve PerkinsDirector
Jason ElmoreSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,108
Program Service Revenue
$562,789
Investment Income
$174
Other Revenue
$0
All Other Contributions
$251
Change in Net Assets
$30,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$383,710
Other Expenses$148,487
Grants and Similar Amounts Paid$1,192
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$259,720$56,969$0$316,689
Fees for Services Other$42,345$0$0$42,345
All Other Expenses$40,788$527$0$41,315
Current Officers, Directors, Trustees, and Key Employees$6,474$31,000$0$37,474
Payroll Taxes$24,793$4,754$0$29,547
Information Technology$10,569$0$0$10,569
Occupancy$9,350$0$0$9,350
Insurance$8,264$707$0$8,971
Conferences and Meetings$4,709$632$0$5,341
Fees for Services Legal$0$1,380$0$1,380
Fees for Services Accounting$0$1,195$0$1,195
Grants to Domestic Individuals$1,192--$1,192
Other Expenses$175$575$0$750
Advertising$745$0$0$745
Total Functional Expenses$432,009$101,380$0$533,389
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ron BrumbargerDirectorTeaching a Class at the SchoolNo$636
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Masters Study Inc
EIN
06-1643567
Phone
3173613964
Address
2606 W 96TH STREET, INDIANAPOLIS, IN 46268

Signing Officer

Name
Aaron Gick
Title
Treasurer
Phone
3173613964
Signed
2016-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Gick
Formed
2002
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
88
Volunteers
60

Preparer

Firm
Douglas A Latham CPA
Address
17520 Dartown Road 610, Westfield, IN 46074
Preparer
Douglas a Latham
Phone
3174792061
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Ron brumbarger (director) and cindy brumbarger (program coordinator) are married”

Pt VI, Line 11B

“Form 990 was shared and reviewed via private extranet portal by all board members prior to filing”

Pt VI, Line 15A

“Compensation is compared with other leadership positions at similar schools”

Pt VI, Line 15B

“Compensation is compared with other leadership positions at similar schools”

Pt VI, Line 19

“Finanacial statments and form 990 are available to the public upon request.”

Form 990EZ, Part I, Line 16

“BANK SERVICE CHARGES”

Form 990EZ, Part I, Line 16

“SPECIAL EVENTS”

Form 990EZ, Part I, Line 16

“SUPPLIES”

Form 990EZ, Part I, Line 16

“TESTING”

Form 990EZ, Part I, Line 16

“INSURANCE”

Form 990EZ, Part I, Line 16

“PAYROLL TAXES”

Form 990EZ, Part I, Line 16

“GIFTS”

Form 990EZ, Part I, Line 16

“OFFICE”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS”

Form 990EZ, Part I, Line 16

“MEALS”

Form 990EZ, Part I, Line 16

“ACCOUNTING FEES”

Form 990EZ, Part I, Line 16

“COMPUTER AND INTERNET”

Form 990EZ, Part II, Line 24

“ACCOUNTS RECEIVABLE”

Form 990EZ, Part II, Line 26

“CREDIT CARD PAYABLE”

Form 990EZ, Part II, Line 26

“DEFERRED TUITION”

Form 990, Part IX, Line 24E

“Gifts 5966. 5740. 226. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous 227. 22. 205. 0.”

Form 990, Part IX, Line 24E

“Drama club 3715. 3715. 0. 0.”

Form 990, Part IX, Line 24E

“Printing 3429. 3429. 0. 0.”

Form 990, Part IX, Line 24E

“Payroll service fees 2920. 2920. 0. 0.”

Form 990, Part IX, Line 24E

“Communications 96. 0. 96. 0.”

Form 990, Part IX, Line 24E

“Tuition discounts 24962. 24962. 0. 0.”

Financial Statement Notes

Pt V, Line 4

“The organization has set aside donations for a new campus expansion.”

Raw XML AppendixShowing 400 of 455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0288
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0321
IRS990/AccountsReceivableGrp/BOYAmt0258
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CLASSICAL CHRISTIAN EDUCATION SCHOOL PROVIDING A SUPPLEMENTAL TUTELAGE, PRIVATE EDUCATIONAL PROGRAM INCLUDING ART, LATIN, FINE ARTS, HISTORY, WRITING, ETC.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0745
IRS990/AdvertisingGrp/TotalAmt0745
IRS990/AllOtherContributionsAmt0251
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0527
IRS990/AllOtherExpensesGrp/ProgramServicesAmt040788
IRS990/AllOtherExpensesGrp/TotalAmt041315
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AARON GICK
IRS990/BooksInCareOfDetail/PhoneNum03173613964
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02606 W 96TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046268
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt04734
IRS990/CashNonInterestBearingGrp/EOYAmt07428
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt031000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt06474
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt037474
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0632
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04709
IRS990/ConferencesMeetingsGrp/TotalAmt05341
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0857
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01108
IRS990/CYGrantsAndSimilarPaidAmt01192
IRS990/CYInvestmentIncomeAmt0174
IRS990/CYOtherExpensesAmt0148487
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0562789
IRS990/CYRevenuesLessExpensesAmt030682
IRS990/CYSalariesCompEmpBnftPaidAmt0383710
IRS990/CYTotalExpensesAmt0533389
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0564071
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0CONDUCT CLASSES FOR 362 CHILDREN FROM PRE-K THROUGH HIGH SCHOOL - HISTORY, ART, CHOIR, DRAMA, LITERATURE, WRITING, CHEMISTRY, PHYSICS, MATHEMATICS, RHETORIC, LOGIC, FINANCE AND LANGUAGES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt088
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0432009
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01195
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt01195
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01380
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt01380
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt042345
IRS990/FeesForServicesOtherGrp/TotalAmt042345
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt57.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0RYAN BENSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JASON ELMORE
IRS990/Form990PartVIISectionAGrp/PersonNm2AARON GICK
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE PERKINS
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF HASKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5RON BRUMBARGER
IRS990/Form990PartVIISectionAGrp/PersonNm6CINDY BRUMBARGER
IRS990/Form990PartVIISectionAGrp/PersonNm7ROB THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5636
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt637474
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt0857
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt01192
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01192
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01192
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0564071
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt010569
IRS990/InformationTechnologyGrp/TotalAmt010569
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0707
IRS990/InsuranceGrp/ProgramServicesAmt08264
IRS990/InsuranceGrp/TotalAmt08971
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0174
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CLASSICAL CHRISTIAN EDUCATION SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0129809
IRS990/NetAssetsOrFundBalancesEOYAmt0160491
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt09350
IRS990/OccupancyGrp/TotalAmt09350
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3TEACHER ENRICHMENT/EDUCATION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12984
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2457
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3575
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt112831
IRS990/OtherExpensesGrp/ProgramServicesAmt210054
IRS990/OtherExpensesGrp/ProgramServicesAmt3175
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/OtherExpensesGrp/TotalAmt115815
IRS990/OtherExpensesGrp/TotalAmt210511
IRS990/OtherExpensesGrp/TotalAmt3750
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056969
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259720
IRS990/OtherSalariesAndWagesGrp/TotalAmt0316689
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04754
IRS990/PayrollTaxesGrp/ProgramServicesAmt024793
IRS990/PayrollTaxesGrp/TotalAmt029547
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01190
IRS990/PrincipalOfficerNm0AARON GICK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES FROM STUDENTS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0562789
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0968
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01274
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt097282
IRS990/PYProgramServiceRevenueAmt0422455
IRS990/PYRevenuesLessExpensesAmt0-10307
IRS990/PYSalariesCompEmpBnftPaidAmt0335204
IRS990/PYTotalExpensesAmt0433760
IRS990/PYTotalRevenueAmt0423453
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt030682
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0562789
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0129809
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0160491
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123915
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0153384
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07453
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05885
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01568
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt011003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07453
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt03550
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt011000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt011003
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0251
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt01192
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0607
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS SET ASIDE DONATIONS FOR A NEW CAMPUS EXPANSION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE MASTERS STUDY, INC. PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE CARMEL CURRENT NEWSPAPER ON MARCH 18, 2015 IN ACCORDANCE WITH REV. PROC. 75-50 SEE PREVIOUS EXPLANATION ON PRIOR PAGE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RON BRUMBARGER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0636
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0TEACHING A CLASS AT THE SCHOOL
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RON BRUMBARGER (DIRECTOR) AND CINDY BRUMBARGER (PROGRAM COORDINATOR) ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS SHARED AND REVIEWED VIA PRIVATE EXTRANET PORTAL BY ALL BOARD MEMBERS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS COMPARED WITH OTHER LEADERSHIP POSITIONS AT SIMILAR SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS COMPARED WITH OTHER LEADERSHIP POSITIONS AT SIMILAR SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANACIAL STATMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK SERVICE CHARGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPECIAL EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TESTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAYROLL TAXES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11GIFTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14MEALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15ACCOUNTING FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16COMPUTER AND INTERNET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18CREDIT CARD PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19DEFERRED TUITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20GIFTS 5966. 5740. 226. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21MISCELLANEOUS 227. 22. 205. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22DRAMA CLUB 3715. 3715. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23PRINTING 3429. 3429. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24PAYROLL SERVICE FEES 2920. 2920. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25COMMUNICATIONS 96. 0. 96. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26TUITION DISCOUNTS 24962. 24962. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0130097
IRS990/TotalAssetsEOYAmt0160812
IRS990/TotalAssetsGrp/BOYAmt0130097
IRS990/TotalAssetsGrp/EOYAmt0160812
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01108
IRS990/TotalEmployeeCnt088
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101380
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0432009
IRS990/TotalFunctionalExpensesGrp/TotalAmt0533389

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$160,812
Liabilities
$321
Net assets
$160,491
Revenue
$564,071
Expenses
$533,389
Net income
$30,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.07$1.70$4.93$4.84$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.64$0.03$1.61$4.58$4.53$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.04$1.57$4.26$4.07$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.02$1.39$4.15$3.86$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$4.06$4.05$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$3.72$3.83$0.12
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.20$0.00$1.20$4.06$4.06$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$5.41$5.85$0.44
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.03$1.65$5.47$5.43$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.60$5.64$5.33$0.31
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$4.23$4.34$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$4.08$3.71$0.37
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.03$0.00$1.03$3.12$3.02$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.93$1.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.01$0.63$1.48$1.23$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$1.17$1.04$0.13