Civic Intelligence

Mastering Life Ministries Inc.

990 • Fiscal year 2014 • EIN 62-1542382

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

PO Box 770Franklin, TN 37065

(615) 507-4166

Siviq Scores

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

Liabilities / Assets

77th percentile

0.11x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

37th percentile

-1.3%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

98th percentile

$88,400

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 28.4% of source-year revenue.

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

Asset Growth

40th percentile

-2.3%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

37th percentile

-6.4%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Down

$59,540

Down $1,384 (-2.3%) from 2013

Net Assets

Down

$53,076

Down $3,404 (-6.0%) from 2013

Liabilities

Up

$6,464

Up $2,020 (+45%) from 2013

Revenue

Down

$311,481

Down $21,160 (-6.4%) from 2013

Expenses

Down

$315,510

Down $19,564 (-5.8%) from 2013

Net Income

Down

-$4,029

Down $1,596 (-66%) 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$0Assets 2010: $57,118Liabilities 2010: $1,774Net Assets 2010: $55,3442010Assets 2011: $33,123Liabilities 2011: $2,545Net Assets 2011: $30,5782011Assets 2012: $51,789Liabilities 2012: $1,320Net Assets 2012: $50,4692012Assets 2013: $60,924Liabilities 2013: $4,444Net Assets 2013: $56,4802013Assets 2014: $59,540Liabilities 2014: $6,464Net Assets 2014: $53,0762014Assets 2015: $53,068Liabilities 2015: $4,609Net Assets 2015: $48,4592015Assets 2016: $40,539Liabilities 2016: $1,991Net Assets 2016: $38,5482016Assets 2017: $34,307Liabilities 2017: $1,619Net Assets 2017: $32,6882017Assets 2018: $30,305Liabilities 2018: $2,798Net Assets 2018: $27,5072018Assets 2019: $26,257Liabilities 2019: $1,465Net Assets 2019: $24,7922019Assets 2020: $21,297Liabilities 2020: $1,378Net Assets 2020: $19,9192020Assets 2021: $37,405Liabilities 2021: $1,426Net Assets 2021: $35,9792021Assets 2022: $31,889Liabilities 2022: $1,449Net Assets 2022: $30,4402022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2014

Assets$59,540
Liabilities$6,464
Net Assets$53,076

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $209,3712010Expenses 2011: $237,1742011Expenses 2012: $257,7672012Revenue 2013: $332,641Expenses 2013: $335,074Net Income 2013: -$2,4332013Revenue 2014: $311,481Expenses 2014: $315,510Net Income 2014: -$4,0292014Revenue 2015: $288,446Expenses 2015: $293,063Net Income 2015: -$4,6172015Revenue 2016: $300,315Expenses 2016: $315,902Net Income 2016: -$15,5872016Revenue 2017: $177,592Expenses 2017: $183,085Net Income 2017: -$5,4932017Revenue 2018: $85,806Expenses 2018: $93,075Net Income 2018: -$7,2692018Revenue 2019: $66,329Expenses 2019: $69,098Net Income 2019: -$2,7692019Revenue 2020: $51,280Expenses 2020: $56,438Net Income 2020: -$5,1582020Revenue 2021: $61,877Expenses 2021: $43,851Net Income 2021: $18,0262021Revenue 2022: $52,262Expenses 2022: $56,527Net Income 2022: -$4,2652022Revenue 2023: $41,768Expenses 2023: $69,464Net Income 2023: -$27,6962023

Highlighted filing

2014

Revenue$311,481
Expenses$315,510
Net Income-$4,029
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$338,357
Mission and Program Overview

Mission

Introduce healing through ministry to the lives of individuals who suffer from sexual brokenness of every kind, through tv outreach programs and social media.

Ministering to sexually broken people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,716$22,646▲ $1,930
Cash and Non-Interest-Bearing Accounts$34,179$20,121▼ $14,058
Inventories for Sale or Use$4,665$15,357▲ $10,692
Accounts Receivable$1,364$1,416▲ $52
Total Assets$60,924$59,540▼ $1,384
Liabilities
Accounts Payable and Accrued Expenses$4,444$6,464▲ $2,020
Total Liabilities$4,444$6,464▲ $2,020
Net Assets / Fund Balance
Unrestricted Net Assets$56,480$53,076▼ $3,404
Total Net Assets Fund Balance$56,480$53,076▼ $3,404
Total Liabilities and Net Assets / Fund Balance$60,924$59,540▼ $1,384

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,646$63,444$86,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr David FosterE.d. & BoardFT$60,000$28,400$88,400

Board Members and Trustees

NameTitle
Rev Jerry BryantSecretary an
Joe AllenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$243,522
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$67,959
All Other Contributions
$243,522
Change in Net Assets
$-4,029
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,811
Salaries, Compensation, and Employee Benefits$141,699
Total Fundraising Expense$43,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,200$22,100$22,100$88,400
Other Salaries and Wages$15,456$7,729$7,729$30,914
Other Employee Benefits$4,993$2,496$2,496$9,985
Depreciation Depletion$4,386$2,196$2,196$8,778
Payroll Taxes$3,800$1,900$1,900$7,600
Occupancy$3,213$1,606$1,606$6,425
Office Expenses$3,104$1,552$1,552$6,208
Pension Plan Contributions$2,400$1,200$1,200$4,800
Insurance-$4,678-$4,678
Advertising$2,144-$2,144$4,288
Information Technology$1,365$682$682$2,729
Fees for Services Accounting-$1,500-$1,500
Fees for Services Other$658--$658
Travel$315$158$158$631
Other Expenses$183$91$91$365
Total Functional Expenses$223,768$47,888$43,854$315,510
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by an independent cpa firm and reviewed by the organization's top management. The reviewed form 990 was then forwarded to the board of directors for review prior to filing.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive of mastering life ministries is determined by the independent board of directors and periodically adjusted. The executive may make requests but does not have a vote in the final decision of the independent board. A comparison with executive compensation in the marketplace based on comparable levels of education, experience, accomplishments, responsibility, performance, and results, subject to a reduction due to the ministry's inability to afford such compensation. Executive compensation is reviewed annually by the independent board and the compensation is reviewed annually for reasonableness using charity navigator to ensure executive compensation is comparable with other similar size organizations.

Form 990, Page 6, Part VI, Line 19

The ministry does not makes its governing documents, conflicts of interest policy, financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Mastering Life Ministries
EIN
62-1542382
Phone
6155074166
Address
PO BOX 770, FRANKLIN, TN 37065
Doing Business As
Pure Passion Media

Signing Officer

Name
Dr David Foster
Title
Executive Director & Founder
Phone
6155074166
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr David Foster
Formed
1993
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
2
Employees
2
Volunteers
20

Preparer

Firm
Agl Ascent Group LLC
Address
2810 PREMIERE PKWY STE 200, DULUTH, GA 30097
Preparer
Robert L Whitehurst CPA
Phone
8003269530
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjustment 625

Raw XML Appendix387 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.

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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.49290
IRS990ScheduleA/PublicSupportPY509Pct00.44030
IRS990ScheduleA/PublicSupportTotal509Amt0697742
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0109683
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0111000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0156200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0169050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0171600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0717533
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0338357
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0335657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0281790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0223907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0235564
IRS990ScheduleA/Total509Grp/TotalAmt01415275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0338357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0335663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0281821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0223962
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0235791
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01415594
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt022646
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063444
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086090
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022646
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 WAS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION FOR THE EXECUTIVE OF MASTERING LIFE MINISTRIES IS DETERMINED BY THE INDEPENDENT BOARD OF DIRECTORS AND PERIODICALLY ADJUSTED. THE EXECUTIVE MAY MAKE REQUESTS BUT DOES NOT HAVE A VOTE IN THE FINAL DECISION OF THE INDEPENDENT BOARD. A COMPARISON WITH EXECUTIVE COMPENSATION IN THE MARKETPLACE BASED ON COMPARABLE LEVELS OF EDUCATION, EXPERIENCE, ACCOMPLISHMENTS, RESPONSIBILITY, PERFORMANCE, AND RESULTS, SUBJECT TO A REDUCTION DUE TO THE MINISTRY'S INABILITY TO AFFORD SUCH COMPENSATION. EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY BY THE INDEPENDENT BOARD AND THE COMPENSATION IS REVIEWED ANNUALLY FOR REASONABLENESS USING CHARITY NAVIGATOR TO ENSURE EXECUTIVE COMPENSATION IS COMPARABLE WITH OTHER SIMILAR SIZE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MINISTRY DOES NOT MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 625
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt060924
IRS990/TotalAssetsEOYAmt059540
IRS990/TotalAssetsGrp/BOYAmt060924
IRS990/TotalAssetsGrp/EOYAmt059540
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0243522
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043854
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047888
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0223768
IRS990/TotalFunctionalExpensesGrp/TotalAmt0315510
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04444
IRS990/TotalLiabilitiesEOYAmt06464
IRS990/TotalLiabilitiesGrp/BOYAmt04444
IRS990/TotalLiabilitiesGrp/EOYAmt06464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056480
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053076
IRS990/TotalOtherCompensationAmt028400
IRS990/TotalProgramServiceExpensesAmt0223768
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt067959
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311481
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt060924
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt059540
IRS990/TravelGrp/FundraisingAmt0158
IRS990/TravelGrp/ManagementAndGeneralAmt0158
IRS990/TravelGrp/ProgramServicesAmt0315
IRS990/TravelGrp/TotalAmt0631
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt056480
IRS990/UnrestrictedNetAssetsGrp/EOYAmt053076
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 770
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037065
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.MASTERINGLIFE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR DAVID FOSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR & FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum06155074166
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERING LIFE MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0621542382
ReturnHeader/Filer/PhoneNum06155074166
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 770
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037065
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471077462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AGL ASCENT GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02810 PREMIERE PKWY STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030097
ReturnHeader/PreparerPersonGrp/PhoneNum08003269530
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT L WHITEHURST CPA
ReturnHeader/ReturnTs02015-05-15T13:32:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.42$0.69$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.01$0.30$0.52$0.57$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.01$0.36$0.62$0.44$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.20$0.51$0.56$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.25$0.66$0.69$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.03$0.28$0.86$0.93$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.02$0.33$1.78$1.83$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.02$0.39$3.00$3.16$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.05$0.48$2.88$2.93$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.06$0.53$3.11$3.16$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.04$0.56$3.33$3.35$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.01$0.50$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.03$0.31$2.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.02$0.55$2.09