Civic Intelligence

Masterwork Inc.

990EZ • Fiscal year 2014 • EIN 26-2216342

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 19, 2015

1954 Kankakee CourtValparaiso, IN 46385

(219) 531-7529

Siviq Scores

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

Liabilities / Assets

88th percentile

0.46x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

35th percentile

-2.0%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

96th percentile

$69,446

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 63.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-5.8%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

62nd percentile

10.0%

Faster revenue growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$17,309

Down $1,066 (-5.8%) from 2013

Net Assets

Down

$9,310

Down $2,226 (-19%) from 2013

Liabilities

Up

$7,999

Up $1,160 (+17%) from 2013

Revenue

Up

$108,900

Up $9,887 (+10.0%) from 2013

Expenses

Up

$111,126

Up $12,044 (+12%) from 2013

Net Income

Down

-$2,226

Down $2,157 (-3126%) from 2013

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0-$20KAssets 2010: $17,013Liabilities 2010: $0Net Assets 2010: $17,0132010Assets 2011: $26,683Liabilities 2011: $0Net Assets 2011: $26,6832011Assets 2013: $18,375Liabilities 2013: $6,839Net Assets 2013: $11,5362013Assets 2014: $17,309Liabilities 2014: $7,999Net Assets 2014: $9,3102014Assets 2015: $5,880Liabilities 2015: $7,989Net Assets 2015: -$2,1092015Assets 2016: $0Liabilities 2016: $4,258Net Assets 2016: -$4,2582016Assets 2017: $3,460Liabilities 2017: $108Net Assets 2017: $3,3522017Assets 2018: $5,342Liabilities 2018: $0Net Assets 2018: $5,3422018Assets 2020: $69,139Net Assets 2020: $69,1392020Assets 2021: $71,642Liabilities 2021: $746Net Assets 2021: $70,8962021

Highlighted filing

2014

Assets$17,309
Liabilities$7,999
Net Assets$9,310

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $55,702Expenses 2010: $56,270Net Income 2010: -$5682010Revenue 2011: $73,412Expenses 2011: $63,742Net Income 2011: $9,6702011Revenue 2013: $99,013Expenses 2013: $99,082Net Income 2013: -$692013Revenue 2014: $108,900Expenses 2014: $111,126Net Income 2014: -$2,2262014Revenue 2015: $103,759Expenses 2015: $115,178Net Income 2015: -$11,4192015Revenue 2016: $122,771Expenses 2016: $124,920Net Income 2016: -$2,1492016Revenue 2017: $82,132Expenses 2017: $74,522Net Income 2017: $7,6102017Revenue 2018: $92,186Expenses 2018: $90,196Net Income 2018: $1,9902018Revenue 2020: $101,201Expenses 2020: $102,892Net Income 2020: -$1,6912020Revenue 2021: $140,329Expenses 2021: $138,572Net Income 2021: $1,7572021

Highlighted filing

2014

Revenue$108,900
Expenses$111,126
Net Income-$2,226
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 19, 2015
Return Version
2014v5.0
Gross Receipts
$108,900
Mission and Program Overview

Mission

To provide consulting and ministry support within organizations.

Program Services

DescriptionGrantsExpenses
PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.$0$111,126
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM MCCLUREExecutive DirectorPT$68,500$946$69,446
STEVE HEFTAPresidentPT$0--
TIMOTHY WILLISSecretaryPT$0--
LARRY GOUGHTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Masterwork Inc
EIN
26-2216342
Phone
2195317529
Address
1954 KANKAKEE COURT, VALPARAISO, IN 46385

Signing Officer

Name
William Mcclure
Title
Executive Director
Phone
2195317529
Signed
2015-02-19
Discuss with paid preparer
Yes

Preparer

Firm
Clh Pc
Address
123 E 8TH STREET, MICHIGAN CITY, IN 46360
Preparer
Robert W Lange Iii
Phone
2198740210
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance expense. Amount: 6,320. Description: office expense. Amount: 1,141. Description: travel expense. Amount: 4,367. Description: meals. Amount: 1,075. Description: dues & subscriptions. Amount: 328. Description: ministry development. Amount: 2,110. Description: postage. Amount: 58. Description: retirement. Amount: 2,250. Total to form 990-ez, line 16: 17,649.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to bill mcclure. Beg. Of year amount: 6,839. End of year amount: 7,999.

Raw XML Appendix176 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02195317529
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE HEFTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM MCCLURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIMOTHY WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LARRY GOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017649
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS.
IRS990EZ/ProgramServiceRevenueAmt082022
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0111126
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt082364
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07999
IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt059450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013850
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt041852
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0423944
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt07999
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06839
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILLIAM MCCLURE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt07999
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 6,320. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,141. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 4,367. DESCRIPTION: MEALS. AMOUNT: 1,075. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 328. DESCRIPTION: MINISTRY DEVELOPMENT. AMOUNT: 2,110. DESCRIPTION: POSTAGE. AMOUNT: 58. DESCRIPTION: RETIREMENT. AMOUNT: 2,250. TOTAL TO FORM 990-EZ, LINE 16: 17,649.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE TO BILL MCCLURE. BEG. OF YEAR AMOUNT: 6,839. END OF YEAR AMOUNT: 7,999.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MCCLURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02195317529
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0262216342
ReturnHeader/Filer/PhoneNum02195317529
ReturnHeader/Filer/USAddress/AddressLine1Txt01954 KANKAKEE COURT
ReturnHeader/Filer/USAddress/CityNm0VALPARAISO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046385
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351856042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0123 E 8TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MICHIGAN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046360
ReturnHeader/PreparerPersonGrp/PhoneNum02198740210
ReturnHeader/PreparerPersonGrp/PreparationDt02015-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W LANGE III
ReturnHeader/ReturnTs02015-02-19T10:47:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits