Master Plan Ministries Inc
EIN: 742408656 · Durango, CO
| Metric | Value |
|---|---|
| Total Revenue | $681K |
| Total Expenses | $823K |
| Net Assets | $3.3M |
Is Master Plan Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Master Plan Ministries Inc
Master Plan Ministries Inc (EIN: 742408656) is a nonprofit organization based in Durango, CO. The organization reported total revenue of $681K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Master Plan Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Master Plan Ministries Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $823K |
| Surplus / Deficit | +$198K |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | 19.4% |
| Months of Reserves | 48.3 months |
Financial Health Grade: A
In 2023, Master Plan Ministries Inc reported a surplus of $198K with revenue exceeding expenses, holds 48.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Master Plan Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.1% | +3.9% | +9.5% |
| 2022 | -69.0% | +18.7% | -3.4% |
| 2021 | +218.7% | +8.5% | +205.8% |
| 2020 | +17.4% | -11.2% | +26.0% |
| 2019 | -22.0% | -12.6% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Master Plan Ministries Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Master Plan Ministries Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $198K, with revenue exceeding expenses.
Frequently Asked Questions about Master Plan Ministries Inc
Is Master Plan Ministries Inc a legitimate charity?
Master Plan Ministries Inc (EIN: 742408656) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $681K. No red flags identified. Financial health grade: A.
How does Master Plan Ministries Inc spend its money?
Master Plan Ministries Inc reported $681K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Master Plan Ministries Inc tax-deductible?
Master Plan Ministries Inc is registered as a tax-exempt nonprofit (EIN: 742408656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Master Plan Ministries Inc located?
Master Plan Ministries Inc is headquartered in Durango, Colorado and files with the IRS under EIN 742408656.
How many years of IRS 990 filings does Master Plan Ministries Inc have?
Master Plan Ministries Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $681K in total revenue.
Filing History
IRS 990 filing history for Master Plan Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Master Plan Ministries Inc's revenue has grown by 50.9%, moving from $677K to $1.0M. Total assets increased by 126.6% over the same period, from $1.5M to $3.3M. Total functional expenses rose by 60.2%, from $514K to $823K. In its most recent filing year (2023), Master Plan Ministries Inc reported a surplus of $198K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $823K | $3.3M | $0 | — | — |
| 2022 | $779K | $792K | $3.0M | $0 | — | View 990 |
| 2021 | $2.5M | $668K | $3.1M | $0 | — | View 990 |
| 2020 | $788K | $615K | $1.0M | $0 | — | View 990 |
| 2019 | $671K | $692K | $812K | $0 | — | View 990 |
| 2018 | $861K | $792K | $772K | $0 | — | View 990 |
| 2017 | $1.0M | $1.0M | $729K | $0 | — | View 990 |
| 2016 | $1.0M | $932K | $694K | $0 | — | View 990 |
| 2015 | $859K | $851K | $616K | $0 | — | View 990 |
| 2014 | $861K | $891K | $609K | $1K | — | View 990 |
| 2013 | $771K | $674K | $637K | $0 | — | View 990 |
| 2012 | $604K | $1.5M | $541K | $0 | — | View 990 |
| 2011 | $677K | $514K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $823K, and assets of $3.3M (revenue +31.1% year-over-year).
- 2022: Revenue of $779K, expenses of $792K, and assets of $3.0M (revenue -69.0% year-over-year).
- 2021: Revenue of $2.5M, expenses of $668K, and assets of $3.1M (revenue +218.7% year-over-year).
- 2020: Revenue of $788K, expenses of $615K, and assets of $1.0M (revenue +17.4% year-over-year).
- 2019: Revenue of $671K, expenses of $692K, and assets of $812K (revenue -22.0% year-over-year).
- 2018: Revenue of $861K, expenses of $792K, and assets of $772K (revenue -17.0% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $729K (revenue +2.6% year-over-year).
- 2016: Revenue of $1.0M, expenses of $932K, and assets of $694K (revenue +17.6% year-over-year).
- 2015: Revenue of $859K, expenses of $851K, and assets of $616K (revenue -0.3% year-over-year).
- 2014: Revenue of $861K, expenses of $891K, and assets of $609K (revenue +11.7% year-over-year).
- 2013: Revenue of $771K, expenses of $674K, and assets of $637K (revenue +27.7% year-over-year).
- 2012: Revenue of $604K, expenses of $1.5M, and assets of $541K (revenue -10.8% year-over-year).
- 2011: Revenue of $677K, expenses of $514K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Master Plan Ministries Inc:
Data Sources and Methodology
This transparency report for Master Plan Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.