Civic Intelligence

Masterwork Inc.

990EZ • Fiscal year 2017 • EIN 26-2216342

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 31, 2018

Organization ProfileN/A
451 Gatehouse WalkValparaiso, IN 46385-9321

(219) 531-7529

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

62nd percentile

9.3%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$47,743

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 58.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Revenue Growth

15th percentile

-33%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$3,460

Up $3,460 from 2016

Net Assets

Up

$3,352

Up $7,610 (+179%) from 2016

Liabilities

Down

$108

Down $4,150 (-97%) from 2016

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin62nd percentile

Revenue

Down

$82,132

Down $40,639 (-33%) from 2016

Expenses

Down

$74,522

Down $50,398 (-40%) from 2016

Net Income

Up

$7,610

Up $9,759 (+454%) from 2016

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2017

Assets$3,460
Liabilities$108
Net Assets$3,352
Open 2017 Filing

Operations Trend

Revenue Growth15th percentile

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

2017

Revenue$82,132
Expenses$74,522
Net Income$7,610
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 31, 2018
Return Version
2017v2.3
Gross Receipts
$82,132
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$74,520
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM MCCLUREExecutive DirectorPT$0$47,743$47,743
TIMOTHY WILLISSecretaryPT$0--
LARRY GOUGHTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Masterwork Inc
EIN
26-2216342
Phone
2195317529
Address
451 GATEHOUSE WALK, VALPARAISO, IN 46385-9321

Signing Officer

Name
William Mcclure
Title
Executive Director
Phone
2195317529
Signed
2018-07-31
Discuss with paid preparer
Yes

Preparer

Firm
Clh LLC
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: 1,548. Description: office expense. Amount: 1,139. Description: travel expense. Amount: 4,898. Description: meals. Amount: 273. Description: ministry development. Amount: 9,526. Description: conferences. Amount: 298. Total to form 990-ez, line 16: 17,682.”

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

“Description: cash in excess of bank balance. Beg. Of year amount: 3,241. End of year amount: 0. Description: payroll taxes payable. Beg. Of year amount: 1,017. End of year amount: 108.”

Raw XML Appendix159 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/AddressLine1Txt0451 GATEHOUSE WALK
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03460
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt038362
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt07610
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02867
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03460
IRS990EZ/GrossReceiptsAmt082132
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-4258
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03352
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-4258
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03352
IRS990EZ/OccupancyRentUtltsAndMaintAmt03000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt047743
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM MCCLURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TIMOTHY WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LARRY GOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017682
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS.
IRS990EZ/ProgramServiceRevenueAmt043770
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074520
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt050973
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04258
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0108
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt074522
IRS990EZ/TotalProgramServiceExpensesAmt074520
IRS990EZ/TotalRevenueAmt082132
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050424
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026878
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt059450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0206003
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt043770
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt072347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt072870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt082022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt039563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0310572
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0516575
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt082132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0122771
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0103759
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0108900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt099013
IRS990ScheduleA/Total509Grp/TotalAmt0516575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt082132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0122771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0103759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0108900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt099013
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0516575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,548. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,139. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 4,898. DESCRIPTION: MEALS. AMOUNT: 273. DESCRIPTION: MINISTRY DEVELOPMENT. AMOUNT: 9,526. DESCRIPTION: CONFERENCES. AMOUNT: 298. TOTAL TO FORM 990-EZ, LINE 16: 17,682.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CASH IN EXCESS OF BANK BALANCE. BEG. OF YEAR AMOUNT: 3,241. END OF YEAR AMOUNT: 0. DESCRIPTION: PAYROLL TAXES PAYABLE. BEG. OF YEAR AMOUNT: 1,017. END OF YEAR AMOUNT: 108.
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MCCLURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02195317529
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0262216342
ReturnHeader/Filer/PhoneNum02195317529
ReturnHeader/Filer/USAddress/AddressLine1Txt0451 GATEHOUSE WALK
ReturnHeader/Filer/USAddress/CityNm0VALPARAISO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0463859321
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00ADC964D38E8E978C3B38F6C6837674FF6513E56
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00ADC964D38E8E978C3B38F6C6837674FF6513E56
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0206.51.98.75
ReturnHeader/FilingSecurityInformation/IPDt02018-07-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:18:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813282580
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLH LLC
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/PreparationDt02018-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W LANGE III
ReturnHeader/ReturnTs02018-07-31T16:13:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,460
Liabilities
$108
Net assets
$3,352
Revenue
$82,132
Expenses
$74,522
Net income
$7,610
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.01$0.71$1.40$1.39$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.69$0.69$1.01$1.03$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.92$0.90$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.82$0.75$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.04$0.04$1.23$1.25$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.08$0.02$1.04$1.15$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.08$0.09$1.09$1.11$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.12$0.99$0.99$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.73$0.64$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.56$0.56$0.01