Civic Intelligence

Masterwork Inc.

990EZ • Fiscal year 2015 • EIN 26-2216342

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 28, 2016

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

96th percentile

1.36x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

97th percentile

$75,854

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 73.1% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-66%

Faster asset growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-4.7%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,880

Down $11,429 (-66%) from 2014

Net Assets

Down

-$2,109

Down $11,419 (-123%) from 2014

Liabilities

Down

$7,989

Down $10 (-0.1%) from 2014

Revenue

Down

$103,759

Down $5,141 (-4.7%) from 2014

Expenses

Up

$115,178

Up $4,052 (+3.6%) from 2014

Net Income

Down

-$11,419

Down $9,193 (-413%) from 2014

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

2015

Assets$5,880
Liabilities$7,989
Net Assets-$2,109

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

2015

Revenue$103,759
Expenses$115,178
Net Income-$11,419
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 28, 2016
Return Version
2015v2.1
Gross Receipts
$103,759
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$111,679
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM MCCLUREExecutive DirectorPT$68,499$7,355$75,854
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
2016-07-28
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: 6,243. Description: office expense. Amount: 674. Description: travel expense. Amount: 6,672. Description: meals. Amount: 457. Description: ministry development. Amount: 2,602. Description: retirement. Amount: 2,250. Total to form 990-ez, line 16: 18,898.

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

Description: due to bill mcclure. Beg. Of year amount: 7,999. End of year amount: 7,989.

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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM MCCLURE
IRS990EZ/BooksInCareOfDetail/PhoneNum02195317529
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01954 KANKAKEE COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017309
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05880
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt030889
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-11419
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01508
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017309
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05880
IRS990EZ/GrossReceiptsAmt0103759
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt07989
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09310
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2109
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09310
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-2109
IRS990EZ/OccupancyRentUtltsAndMaintAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt168499
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt17355
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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/OtherExpensesTotalAmt018898
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS.
IRS990EZ/ProgramServiceRevenueAmt072870
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0111679
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt088772
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07999
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07989
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0115178
IRS990EZ/TotalProgramServiceExpensesAmt0111679
IRS990EZ/TotalRevenueAmt0103759
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026878
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt059450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt044175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0187876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt072870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt082022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt039563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0284125
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0472001
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0103759
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0108900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt099013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt086917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt073412
IRS990ScheduleA/Total509Grp/TotalAmt0472001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0108900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt099013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt086917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt073412
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0472001
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/BalanceDueAmt07989
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06839
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILLIAM MCCLURE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt07989
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 6,243. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 674. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 6,672. DESCRIPTION: MEALS. AMOUNT: 457. DESCRIPTION: MINISTRY DEVELOPMENT. AMOUNT: 2,602. DESCRIPTION: RETIREMENT. AMOUNT: 2,250. TOTAL TO FORM 990-EZ, LINE 16: 18,898.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE TO BILL MCCLURE. BEG. OF YEAR AMOUNT: 7,999. END OF YEAR AMOUNT: 7,989.
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/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MCCLURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02195317529
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-28
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/PreparationDt02016-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W LANGE III
ReturnHeader/ReturnTs02016-08-03T14:00:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings