Civic Intelligence

The Master Cares Foundation Inc

990 • Fiscal year 2019 • EIN 46-3829284

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 06, 2020

9300 Wade BlvdFrisco, TX 75035

(214) 472-5000

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.32x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.26x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$24,231

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

92nd percentile

55%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-4.3%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,554,133

Up $549,959 (+55%) from 2018

Net Assets

Up

$1,060,329

Up $94,298 (+9.8%) from 2018

Liabilities

Up

$493,804

Up $455,661 (+1195%) from 2018

Revenue

Down

$1,873,096

Down $83,983 (-4.3%) from 2018

Expenses

Up

$2,544,898

Up $433,644 (+21%) from 2018

Net Income

Down

-$671,802

Down $517,627 (-336%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $84,257Liabilities 2013: $02013Assets 2014: $247,457Liabilities 2014: $0Net Assets 2014: $247,4572014Assets 2015: $740,529Liabilities 2015: $3,578Net Assets 2015: $736,9512015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1,059,039Liabilities 2017: $6,924Net Assets 2017: $1,052,1152017Assets 2018: $1,004,174Liabilities 2018: $38,143Net Assets 2018: $966,0312018Assets 2019: $1,554,133Liabilities 2019: $493,804Net Assets 2019: $1,060,3292019Assets 2020: $2,004,598Liabilities 2020: $573,796Net Assets 2020: $1,430,8022020Assets 2021: $2,810,642Liabilities 2021: $435,586Net Assets 2021: $2,375,0562021Assets 2022: $2,971,321Liabilities 2022: $423,018Net Assets 2022: $2,548,3032022Assets 2023: $2,288,708Liabilities 2023: $447,361Net Assets 2023: $1,841,3472023Assets 2024: $2,331,874Liabilities 2024: $56,847Net Assets 2024: $2,275,0272024

Highlighted filing

2019

Assets$1,554,133
Liabilities$493,804
Net Assets$1,060,329

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $85,517Expenses 2013: $1,260Net Income 2013: $84,2572013Revenue 2014: $468,582Expenses 2014: $305,382Net Income 2014: $163,2002014Revenue 2015: $1,105,164Expenses 2015: $615,670Net Income 2015: $489,4942015Revenue 2016: $1,116,263Expenses 2016: $1,125,462Net Income 2016: -$9,1992016Revenue 2017: $1,319,688Expenses 2017: $1,075,213Net Income 2017: $244,4752017Revenue 2018: $1,957,079Expenses 2018: $2,111,254Net Income 2018: -$154,1752018Revenue 2019: $1,873,096Expenses 2019: $2,544,898Net Income 2019: -$671,8022019Revenue 2020: $2,189,574Expenses 2020: $1,894,892Net Income 2020: $294,6822020Revenue 2021: $3,175,167Expenses 2021: $2,269,711Net Income 2021: $905,4562021Revenue 2022: $3,073,625Expenses 2022: $2,972,887Net Income 2022: $100,7382022Revenue 2023: $3,453,137Expenses 2023: $4,276,561Net Income 2023: -$823,4242023Revenue 2024: $7,916,275Expenses 2024: $7,464,487Net Income 2024: $451,7882024

Highlighted filing

2019

Revenue$1,873,096
Expenses$2,544,898
Net Income-$671,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 6, 2020
Return Version
2019v5.1
Gross Receipts
$1,873,096
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$966,031$1,060,329▲ $94,298
Land, Buildings, and Equipment, Net$162,923$660,476▲ $497,553
Cash and Non-Interest-Bearing Accounts$379,632$585,079▲ $205,447
Savings and Temporary Cash Investments$460,739$307,978▼ $152,761
Accounts Receivable$380--
Total Assets$1,004,174$1,554,133▲ $549,959
Other Assets Total$500$600▲ $100
Liabilities
Mortgage Notes Payable Secured by Investment Property-$469,757-
Accounts Payable and Accrued Expenses$29,817$18,823▼ $10,994
Other Liabilities$8,326$5,224▼ $3,102
Total Liabilities$38,143$493,804▲ $455,661
Net Assets / Fund Balance
Total Net Assets Fund Balance$966,031$1,060,329▲ $94,298
Total Liabilities and Net Assets / Fund Balance$1,004,174$1,554,133▲ $549,959

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$450,000--
Other Land Buildings$900--
Equipment$209,576--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carter MorrisDirectorFT$24,231$24,231

Board Members and Trustees

NameTitle
Charles Loper IiiDirector
Charles a Loper JrDirector
Greg KiddDirector
James BradshawDirector
John CassilDirector
Scott TurnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,750,609
Program Service Revenue
$122,487
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,287,054
Change in Net Assets
$-671,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,014,543
Salaries, Compensation, and Employee Benefits$530,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$785,456$0$0$785,456
Comp Disqual Persons$0$449,635$0$449,635
Occupancy$0$200,694$0$200,694
Conferences and Meetings$144,417$48,119$0$192,536
Depreciation Depletion$59,803$0$0$59,803
Other Expenses$51,424$0$0$51,424
Office Expenses$0$41,345$0$41,345
Insurance$0$37,566$0$37,566
Payroll Taxes$0$36,248$0$36,248
Advertising$34,797$0$0$34,797
Current Officers, Directors, Trustees, and Key Employees$0$33,961$0$33,961
Interest$0$18,566$0$18,566
Fees for Services Management$0$11,761$0$11,761
Other Employee Benefits$0$10,511$0$10,511
Fees for Services Accounting$0$7,234$0$7,234
Information Technology$0$3,375$0$3,375
Total Functional Expenses$1,645,883$899,015$0$2,544,898
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$4,251
Sales Tax Payable$973
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Master Cares Foundation Inc
EIN
46-3829284
Phone
2144725000
Address
9300 WADE BLVD, FRISCO, TX 75035

Signing Officer

Name
Nelson C Morris
Title
Officer
Phone
2144725000
Signed
2020-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Loper Jr
Formed
2013
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
23
Volunteers
1,730

Preparer

Firm
Gregory E Lively CPA
Address
1113 HI FAULT, HORSESHOE BAY, TX 78657
Preparer
Gregory E Lively CPA
Phone
9728181098
Supplemental Narrative

Additional Explanations

Other

Form 990 part 1 line 1 organization's mission

Other

The master cares foundation, inc. Operates two ministries (1) the master cares ministry in rakai, uganda and (2) the gracebridge food bank in celina texas.

Other

Mission of the master cares ministry-rakai district, uganda

Other

The master cares ministry supports the people in and around the district of rakai, uganda in many ways including education, discipleship/spiritual development, medical care, job creation, sanitation/water wells. The ministry aims to provide long term self sustaining improvement in the lives of those to which it ministers by assisting people with their immediate needs and through vocational training so that they will be able to experience lasting change through a life led in god's perfect will.

Other

Mission of the grace bridge food bank ministry-celina, tx

Other

The grace bridge food bank seeks to provide the basic necessities of life for those in need in north texas. Grace bridge is strategically focused on caring for the whole person through efforts that include food assistance, eye care, clothing provisions and spiritual development. Whether through a box of food, an article of clothing or a simple conversation the ministry strives to build relationships that will lead people to transforming encounters with christ.

Other

FORM 990, PART III, LINE 4(d) ALL OTHER ACCOMPLISHMENTS

Other

The master cares africa ministry supports the people in and around the district of rakai located in southwest uganda through education, discipleship/spiritual development, job creation and sanitation along with digging fresh water wells and medical care facilities. The master cares ministry started the master cares christian academy (po box 66, kyotera, uganda). Classes bagan in january 2014 with an initial enrollment of 180 children and a second school opening in the fall of 2016. The ministry believes that by providing education to the children they will have a greater opportunity to grow and thrive as they reach adulthood. The ministry's director of spiritual development works with area pastors and their churches to become more familiar with the word of god through one-to-one discipleship and by designing and facilitating small group bible studies. The objective of the spiritual development ministry is to equip all believers with effective tools to spread the gospel of christ and to improve the spiritual quality of life for the people in and around the district of rakai, uganda.

Other

The ministry also provides long term, self sustaining improvement for adults through vocational training in the areas of agricultural, brick making, construction, facilities management, and it cultivates entrepreneurial skills within the villager's to successfully manage business operations. Their efforts directly translate from brick making to the production of bricks that are used to build schools in their village. The agricultural skills taught to the villagers translates to raising and selling produce and livestock at market.

Other

The sanitation in and around the district of rakai, uganda is unbelievably unhealthy. Much of this is due to a lack of education and scarcity of clean drinking water. Children spend a large part of their day seeking out water from any source possible including water shared with cattle and other animals.

Other

Education is a large part of the solution to the sanitation problem in this region. The children are taught that these living conditions can leads to sickness, disease and death. In order to increase the availability of potable water in the region, the ministry continues to construct deep water wells to provide the surrounding communities with clean, safe drinking water.

Other

The grace bridge food bank in celina, texas is loacted in a rural area in north texas. Grace bridge food bank seeks provide the basic necessities of life for those in need in and around celina including a radius of 40 miles encompassing the 380 corridor. Grace bridge is strategically focused on caring for the whole person through efforts that include food assistance, eye care, clothing provisions, disaster relief and spiritual development. Whether through a box of food, an article of clothing or a simple conversation, the ministry strives to build relationships that will lead people to transforming encounters with christ. Grace bridge holds food distributions on the 1st and 3rd saturday of each month serving an average of 120 families at each distribution. We began our annual "i got your back" backpack and school supply distributions in august 2015 and our ongoing thanksgiving and christmas distributions typically include a turkey for each family with additional food and clothing items for christmas.

Other

The grace bridge eye clinic opened with local optometrists providing their time and services free of charge to meet this important need. Our clinic serves 15-20 participants of all ages each month with additional scheduling at the beginning of the school year.

Other

Grace bridge holds an annual "bikes and bibles" event by partnering with a group of men in celina. Each year we focus on a specific community in our coverage area to touch the lives of children by providing them the opportunity to have a new bike and hear god's word.

Other

Grace bridge launched a resale store as a source of clothing for our participants and community. We soon were receive clothing and home good donations and have been able to assist families in need with furniture and appliances.

Other

Grace bridge continues to provide and develop our services with the purpose of meeting people's needs and provide hope for the future. Our goal is not to simply distribute food or provide families with essential items needed for survival but also to develop lasting relationships that over time will allow those who receive help to return and help others. We have been privileged to have an ongoing growing team of volunters and corporate support to come alongside to accomplish these extensive consistent endeavors.

Pt VI, Line 2

Related party information among officers

Pt VI, Line 2

Charles loper jr-director is father to charles loper, iii. He is also father in law to james bradshaw.

Pt VI, Line 2

Chalres loper, iii is son to charles loper, jr and brother in law to james bradshaw.

Pt VI, Line 11B

Organization's process to review form 990

Pt VI, Line 11B

The form 990 is provided to the directors to review prior to being filed with the internal revenue service.

Pt VI, Line 12C

Enforcement of conflicts policy

Pt VI, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:

Pt VI, Line 12C

1. Has received a copy of the conflicts of interest policy

Pt VI, Line 12C

2. Has read and understands the policy

Pt VI, Line 12C

3. Has agreed to comply with the policy and

Pt VI, Line 12C

4. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Pt VI, Line 15A

Compensation process for top officials

Pt VI, Line 15A

A voting member of the governing board who receives compensation directly or indirectly from the organization for services is precluded from voting on matters pertaining to that member's compensation.

Pt VI, Line 15A

A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation directly or indirectly from the organization for services is precluded from voting on matters pertaining to that member's compensation.

Pt VI, Line 15A

No voting member of the governing board or any committe whose jurisdiction includes compensation matters and who receives compensation, directly or indrectly from the organization either individually or collectively is prohibited from providing information to any committee regarding compensation.

Pt VI, Line 15B

Compensation process for officers

Pt VI, Line 15A

A voting member of the governing board who receives compensation directly or indirectly from the organization for services is precluded from voting on matters pertaining to that member's compensation.

Pt VI, Line 15A

A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation directly or indirectly from the organization for services is precluded from voting on matters pertaining to that member's compensation.

Pt VI, Line 15A

No voting member of the governing board or any committe whose jurisdiction includes compensation matters and who receives compensation, directly or indrectly from the organization either individually or collectively is prohibited from providing information to any committee regarding compensation.

Pt VI, Line 19

Governing documents disclosure explanation

Pt VI, Line 19

The governing documents are available on request. Requests should be made in writing to:

Pt VI, Line 19

The master cares foundation inc

Pt VI, Line 19

9300 WADE BLVD, STE 100

Pt VI, Line 19

FRISCO, TX 75035

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 PART 1 LINE 1 ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MASTER CARES FOUNDATION, INC. OPERATES TWO MINISTRIES (1) THE MASTER CARES MINISTRY IN RAKAI, UGANDA AND (2) THE GRACEBRIDGE FOOD BANK IN CELINA TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISSION OF THE MASTER CARES MINISTRY-RAKAI DISTRICT, UGANDA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MASTER CARES MINISTRY SUPPORTS THE PEOPLE IN AND AROUND THE DISTRICT OF RAKAI, UGANDA IN MANY WAYS INCLUDING EDUCATION, DISCIPLESHIP/SPIRITUAL DEVELOPMENT, MEDICAL CARE, JOB CREATION, SANITATION/WATER WELLS. THE MINISTRY AIMS TO PROVIDE LONG TERM SELF SUSTAINING IMPROVEMENT IN THE LIVES OF THOSE TO WHICH IT MINISTERS BY ASSISTING PEOPLE WITH THEIR IMMEDIATE NEEDS AND THROUGH VOCATIONAL TRAINING SO THAT THEY WILL BE ABLE TO EXPERIENCE LASTING CHANGE THROUGH A LIFE LED IN GOD'S PERFECT WILL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISSION OF THE GRACE BRIDGE FOOD BANK MINISTRY-CELINA, TX
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GRACE BRIDGE FOOD BANK SEEKS TO PROVIDE THE BASIC NECESSITIES OF LIFE FOR THOSE IN NEED IN NORTH TEXAS. GRACE BRIDGE IS STRATEGICALLY FOCUSED ON CARING FOR THE WHOLE PERSON THROUGH EFFORTS THAT INCLUDE FOOD ASSISTANCE, EYE CARE, CLOTHING PROVISIONS AND SPIRITUAL DEVELOPMENT. WHETHER THROUGH A BOX OF FOOD, AN ARTICLE OF CLOTHING OR A SIMPLE CONVERSATION THE MINISTRY STRIVES TO BUILD RELATIONSHIPS THAT WILL LEAD PEOPLE TO TRANSFORMING ENCOUNTERS WITH CHRIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART III, LINE 4(d) ALL OTHER ACCOMPLISHMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE MASTER CARES AFRICA MINISTRY SUPPORTS THE PEOPLE IN AND AROUND THE DISTRICT OF RAKAI LOCATED IN SOUTHWEST UGANDA THROUGH EDUCATION, DISCIPLESHIP/SPIRITUAL DEVELOPMENT, JOB CREATION AND SANITATION ALONG WITH DIGGING FRESH WATER WELLS AND MEDICAL CARE FACILITIES. THE MASTER CARES MINISTRY STARTED THE MASTER CARES CHRISTIAN ACADEMY (PO BOX 66, KYOTERA, UGANDA). CLASSES BAGAN IN JANUARY 2014 WITH AN INITIAL ENROLLMENT OF 180 CHILDREN AND A SECOND SCHOOL OPENING IN THE FALL OF 2016. THE MINISTRY BELIEVES THAT BY PROVIDING EDUCATION TO THE CHILDREN THEY WILL HAVE A GREATER OPPORTUNITY TO GROW AND THRIVE AS THEY REACH ADULTHOOD. THE MINISTRY'S DIRECTOR OF SPIRITUAL DEVELOPMENT WORKS WITH AREA PASTORS AND THEIR CHURCHES TO BECOME MORE FAMILIAR WITH THE WORD OF GOD THROUGH ONE-TO-ONE DISCIPLESHIP AND BY DESIGNING AND FACILITATING SMALL GROUP BIBLE STUDIES. THE OBJECTIVE OF THE SPIRITUAL DEVELOPMENT MINISTRY IS TO EQUIP ALL BELIEVERS WITH EFFECTIVE TOOLS TO SPREAD THE GOSPEL OF CHRIST AND TO IMPROVE THE SPIRITUAL QUALITY OF LIFE FOR THE PEOPLE IN AND AROUND THE DISTRICT OF RAKAI, UGANDA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE MINISTRY ALSO PROVIDES LONG TERM, SELF SUSTAINING IMPROVEMENT FOR ADULTS THROUGH VOCATIONAL TRAINING IN THE AREAS OF AGRICULTURAL, BRICK MAKING, CONSTRUCTION, FACILITIES MANAGEMENT, AND IT CULTIVATES ENTREPRENEURIAL SKILLS WITHIN THE VILLAGER'S TO SUCCESSFULLY MANAGE BUSINESS OPERATIONS. THEIR EFFORTS DIRECTLY TRANSLATE FROM BRICK MAKING TO THE PRODUCTION OF BRICKS THAT ARE USED TO BUILD SCHOOLS IN THEIR VILLAGE. THE AGRICULTURAL SKILLS TAUGHT TO THE VILLAGERS TRANSLATES TO RAISING AND SELLING PRODUCE AND LIVESTOCK AT MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE SANITATION IN AND AROUND THE DISTRICT OF RAKAI, UGANDA IS UNBELIEVABLY UNHEALTHY. MUCH OF THIS IS DUE TO A LACK OF EDUCATION AND SCARCITY OF CLEAN DRINKING WATER. CHILDREN SPEND A LARGE PART OF THEIR DAY SEEKING OUT WATER FROM ANY SOURCE POSSIBLE INCLUDING WATER SHARED WITH CATTLE AND OTHER ANIMALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EDUCATION IS A LARGE PART OF THE SOLUTION TO THE SANITATION PROBLEM IN THIS REGION. THE CHILDREN ARE TAUGHT THAT THESE LIVING CONDITIONS CAN LEADS TO SICKNESS, DISEASE AND DEATH. IN ORDER TO INCREASE THE AVAILABILITY OF POTABLE WATER IN THE REGION, THE MINISTRY CONTINUES TO CONSTRUCT DEEP WATER WELLS TO PROVIDE THE SURROUNDING COMMUNITIES WITH CLEAN, SAFE DRINKING WATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE GRACE BRIDGE FOOD BANK IN CELINA, TEXAS IS LOACTED IN A RURAL AREA IN NORTH TEXAS. GRACE BRIDGE FOOD BANK SEEKS PROVIDE THE BASIC NECESSITIES OF LIFE FOR THOSE IN NEED IN AND AROUND CELINA INCLUDING A RADIUS OF 40 MILES ENCOMPASSING THE 380 CORRIDOR. GRACE BRIDGE IS STRATEGICALLY FOCUSED ON CARING FOR THE WHOLE PERSON THROUGH EFFORTS THAT INCLUDE FOOD ASSISTANCE, EYE CARE, CLOTHING PROVISIONS, DISASTER RELIEF AND SPIRITUAL DEVELOPMENT. WHETHER THROUGH A BOX OF FOOD, AN ARTICLE OF CLOTHING OR A SIMPLE CONVERSATION, THE MINISTRY STRIVES TO BUILD RELATIONSHIPS THAT WILL LEAD PEOPLE TO TRANSFORMING ENCOUNTERS WITH CHRIST. GRACE BRIDGE HOLDS FOOD DISTRIBUTIONS ON THE 1ST AND 3RD SATURDAY OF EACH MONTH SERVING AN AVERAGE OF 120 FAMILIES AT EACH DISTRIBUTION. WE BEGAN OUR ANNUAL "I GOT YOUR BACK" BACKPACK AND SCHOOL SUPPLY DISTRIBUTIONS IN AUGUST 2015 AND OUR ONGOING THANKSGIVING AND CHRISTMAS DISTRIBUTIONS TYPICALLY INCLUDE A TURKEY FOR EACH FAMILY WITH ADDITIONAL FOOD AND CLOTHING ITEMS FOR CHRISTMAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE GRACE BRIDGE EYE CLINIC OPENED WITH LOCAL OPTOMETRISTS PROVIDING THEIR TIME AND SERVICES FREE OF CHARGE TO MEET THIS IMPORTANT NEED. OUR CLINIC SERVES 15-20 PARTICIPANTS OF ALL AGES EACH MONTH WITH ADDITIONAL SCHEDULING AT THE BEGINNING OF THE SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13GRACE BRIDGE HOLDS AN ANNUAL "BIKES AND BIBLES" EVENT BY PARTNERING WITH A GROUP OF MEN IN CELINA. EACH YEAR WE FOCUS ON A SPECIFIC COMMUNITY IN OUR COVERAGE AREA TO TOUCH THE LIVES OF CHILDREN BY PROVIDING THEM THE OPPORTUNITY TO HAVE A NEW BIKE AND HEAR GOD'S WORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14GRACE BRIDGE LAUNCHED A RESALE STORE AS A SOURCE OF CLOTHING FOR OUR PARTICIPANTS AND COMMUNITY. WE SOON WERE RECEIVE CLOTHING AND HOME GOOD DONATIONS AND HAVE BEEN ABLE TO ASSIST FAMILIES IN NEED WITH FURNITURE AND APPLIANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15GRACE BRIDGE CONTINUES TO PROVIDE AND DEVELOP OUR SERVICES WITH THE PURPOSE OF MEETING PEOPLE'S NEEDS AND PROVIDE HOPE FOR THE FUTURE. OUR GOAL IS NOT TO SIMPLY DISTRIBUTE FOOD OR PROVIDE FAMILIES WITH ESSENTIAL ITEMS NEEDED FOR SURVIVAL BUT ALSO TO DEVELOP LASTING RELATIONSHIPS THAT OVER TIME WILL ALLOW THOSE WHO RECEIVE HELP TO RETURN AND HELP OTHERS. WE HAVE BEEN PRIVILEGED TO HAVE AN ONGOING GROWING TEAM OF VOLUNTERS AND CORPORATE SUPPORT TO COME ALONGSIDE TO ACCOMPLISH THESE EXTENSIVE CONSISTENT ENDEAVORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16RELATED PARTY INFORMATION AMONG OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17CHARLES LOPER JR-DIRECTOR IS FATHER TO CHARLES LOPER, III. HE IS ALSO FATHER IN LAW TO JAMES BRADSHAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18CHALRES LOPER, III IS SON TO CHARLES LOPER, JR AND BROTHER IN LAW TO JAMES BRADSHAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19ORGANIZATION'S PROCESS TO REVIEW FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20THE FORM 990 IS PROVIDED TO THE DIRECTORS TO REVIEW PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt231. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt242. HAS READ AND UNDERSTANDS THE POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt253. HAS AGREED TO COMPLY WITH THE POLICY AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt264. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27COMPENSATION PROCESS FOR TOP OFFICIALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30NO VOTING MEMBER OF THE GOVERNING BOARD OR ANY COMMITTE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDRECTLY FROM THE ORGANIZATION EITHER INDIVIDUALLY OR COLLECTIVELY IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt34NO VOTING MEMBER OF THE GOVERNING BOARD OR ANY COMMITTE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDRECTLY FROM THE ORGANIZATION EITHER INDIVIDUALLY OR COLLECTIVELY IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt35GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt36THE GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST. REQUESTS SHOULD BE MADE IN WRITING TO:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt37THE MASTER CARES FOUNDATION INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt389300 WADE BLVD, STE 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt39FRISCO, TX 75035
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.06$2.28$7.92$7.46$0.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.45$1.84$3.45$4.28$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.42$2.55$3.07$2.97$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.44$2.38$3.18$2.27$0.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.57$1.43$2.19$1.89$0.29
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.49$1.06$1.87$2.54$0.67
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.04$0.97$1.96$2.11$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.05$1.32$1.08$0.24
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$1.12$1.13$0.01
2015Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$1.11$0.62$0.49
2014Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$0.47$0.31$0.16
2013Summary only. Only limited summary data is available for this year.$0.08$0.00$0.09$0.00$0.08