Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Masterwork Inc
EIN 26-2216342 • 501(c)3 • Valparaiso, IN
Profile
To provide consulting and ministry support within organizations.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$71,642
Up $2,503 (+3.6%) from 2020
Liabilities
$746
No earlier filing loaded for comparison.
Net Assets
Up$70,896
Up $1,757 (+2.5%) from 2020
Revenue
Up$140,329
Up $39,128 (+39%) from 2020
Expenses
Up$138,572
Up $35,680 (+35%) from 2020
Net Income
Up$1,757
Up $3,448 (+204%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $71,642
- Liabilities
- $746
- Net assets
- $70,896
- Revenue
- $140,329
- Expenses
- $138,572
- Net income
- $1,757
Latest Detailed Filing
The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Oct 21, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $101,201
Mission and Program Overview
Mission
To provide consulting and ministry support within organizations.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES. | - | $101,220 |
| PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM MCCLURE | Executive Di | PT | $68,568 | $7,000 | $75,568 |
| DANIEL BLANKENBURG | President | PT | $0 | - | - |
| TIMOTHY WILLIS | Secretary | PT | $0 | - | - |
| LARRY GOUGH | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Masterwork Inc
- EIN
- 26-2216342
- Phone
- 2197657921
- Address
- 451 GATEHOUSE WALK, VALPARAISO, IN 46385
Signing Officer
- Name
- William Mcclure
- Title
- Executive Director
- Phone
- 2195317529
- Signed
- 2021-10-21
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Clh LLC
- Address
- 123 E 8TH ST, MICHIGAN CITY, IN 46360-3519
- Preparer
- Robert W Lange Iii
- Phone
- 2198740210
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses conferences 350 insurance 2,905 ministry development 17,688 office expense 1,730 travel 4,437 travel/lodging 353 travel meals 72 marketing 375 master care 1,242 total 29,152”
Form 990-ez, Part III
“To provide consulting and ministry support within organizations.”
Form 990-ez, Part III, Line 31
“Provided christian counseling and training services to various groups including commercial and not for profit entities.”
Form 990-ez, Part V
“The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract.”
Raw XML Appendix157 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | WILLIAM MCCLURE |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | DANIEL BLANKENBURG |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | TIMOTHY WILLIS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | LARRY GOUGH |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WILLIAM MCCLURE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2197657921 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 451 GATEHOUSE WALK |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | VALPARAISO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46385 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 70830 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 69139 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 39536 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1691 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1672 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 70830 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69139 |
| IRS990EZ/GrossReceiptsAmt | 0 | 101201 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 70830 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 69139 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 70830 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 69139 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 68568 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 7000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM MCCLURE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DANIEL BLANKENBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TIMOTHY WILLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LARRY GOUGH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29152 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 61665 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 101220 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 72068 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 102892 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 101220 |
| IRS990EZ/TotalRevenueAmt | 0 | 101201 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 39536 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 67262 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27695 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 38362 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50424 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 223279 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 61665 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 89934 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 64491 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 43770 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 72347 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 332207 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 555486 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 101201 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 157196 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92186 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 82132 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 122771 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 555486 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 101201 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 157196 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 92186 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 82132 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 122771 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 555486 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONFERENCES 350 INSURANCE 2,905 MINISTRY DEVELOPMENT 17,688 OFFICE EXPENSE 1,730 TRAVEL 4,437 TRAVEL/LODGING 353 TRAVEL MEALS 72 MARKETING 375 MASTER CARE 1,242 TOTAL 29,152 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM MCCLURE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2195317529 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MASTERWORK INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MAST |
| ReturnHeader/Filer/EIN | 0 | 262216342 |
| ReturnHeader/Filer/PhoneNum | 0 | 2197657921 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 451 GATEHOUSE WALK |
| ReturnHeader/Filer/USAddress/CityNm | 0 | VALPARAISO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 46385 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 813282580 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLH LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 123 E 8TH ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MICHIGAN CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 463603519 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2198740210 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-10-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT W LANGE III |
| ReturnHeader/ReturnTs | 0 | 2021-10-26T10:27:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WILLIAM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MCCLURE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.