Civic Intelligence

Masterwork Inc.

990EZ • Fiscal year 2021 • EIN 26-2216342

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 19, 2022

451 Gatehouse WalkValparaiso, IN 46385

(219) 765-7921

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

1.3%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$84,939

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 60.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

47th percentile

3.6%

Faster asset growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

39%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$71,642

Up $2,503 (+3.6%) from 2020

Net Assets

Up

$70,896

Up $1,757 (+2.5%) from 2020

Liabilities

$746

No earlier filing loaded for comparison.

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

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

2021

Assets$71,642
Liabilities$746
Net Assets$70,896

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

2021

Revenue$140,329
Expenses$138,572
Net Income$1,757
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 19, 2022
Return Version
2021v4.0
Gross Receipts
$140,329
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.-$137,094
PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM MCCLUREExecutive DiPT$77,939$7,000$84,939
DANIEL BLANKENBURGPresidentPT$0--
TIMOTHY WILLISSecretaryPT$0--
LARRY GOUGHTreasurerPT$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
2022-10-19
Discuss with paid preparer
Yes

Preparer

Firm
Clh Cpas & Consultants
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 insurance 3,407 ministry development 20,372 office expense 1,384 postage 137 retirement 4,873 travel 1,678 travel/lodging 226 travel meals 132 master care 6,210 payroll taxes 373 medical/dental supplement 5,973 seminar expense 390 total 45,155

Form 990-ez, Part II, Line 26

Payroll tax liability 0 746

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
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IRS990EZ/BooksInCareOfDetail/PersonNm0WILLIAM MCCLURE
IRS990EZ/BooksInCareOfDetail/PhoneNum02197657921
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0451 GATEHOUSE WALK
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt069139
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt071642
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt076885
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01757
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01478
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt069139
IRS990EZ/Form990TotalAssetsGrp/EOYAmt071642
IRS990EZ/GrossReceiptsAmt0140329
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt069139
IRS990EZ/NetAssetsOrFundBalancesEOYAmt070896
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt069139
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt077939
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt07000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM MCCLURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL BLANKENBURG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIMOTHY WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LARRY GOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt045155
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS.
IRS990EZ/ProgramServiceRevenueAmt063444
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0137094
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt091939
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0746
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0138572
IRS990EZ/TotalProgramServiceExpensesAmt0137094
IRS990EZ/TotalRevenueAmt0140329
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt067262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt027695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt038362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0249740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt063444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt061665
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt064491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt043770
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0323304
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0573044
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0140329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0101201
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0157196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt092186
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt082132
IRS990ScheduleA/Total509Grp/TotalAmt0573044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0140329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0101201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0157196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt092186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt082132
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0573044
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 3,407 MINISTRY DEVELOPMENT 20,372 OFFICE EXPENSE 1,384 POSTAGE 137 RETIREMENT 4,873 TRAVEL 1,678 TRAVEL/LODGING 226 TRAVEL MEALS 132 MASTER CARE 6,210 PAYROLL TAXES 373 MEDICAL/DENTAL SUPPLEMENT 5,973 SEMINAR EXPENSE 390 TOTAL 45,155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL TAX LIABILITY 0 746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE CONSULTING AND MINISTRY SUPPORT WITHIN ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDED CHRISTIAN COUNSELING AND TRAINING SERVICES TO VARIOUS GROUPS INCLUDING COMMERCIAL AND NOT FOR PROFIT ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART V
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MCCLURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02195317529
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0262216342
ReturnHeader/Filer/PhoneNum02197657921
ReturnHeader/Filer/USAddress/AddressLine1Txt0451 GATEHOUSE WALK
ReturnHeader/Filer/USAddress/CityNm0VALPARAISO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046385
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813282580
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLH CPAS & CONSULTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0123 E 8TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MICHIGAN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0463603519
ReturnHeader/PreparerPersonGrp/PhoneNum02198740210
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W LANGE III
ReturnHeader/ReturnTs02022-10-21T09:45:20-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCLURE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings