Masters Heart Ministries
- Assets
- $94.3k
- Revenue
- $280.3k
- Investments
- $0.0
- Employees
- 0
- Location
- West Fargo, ND
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-1725164
Organization Overview
Masters Heart Ministries is located in West Fargo, ND. The organization was established in 2008. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masters Heart Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Masters Heart Ministries generated $280.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $289.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION WAS ACHIEVED BY BEING THE HANDS OF JESUS (THE MASTER) TO THOSE WHO ARE HURTING AND HAVE NO HOPE DUE TO POVERTY, SPIRITUAL DARKNESS AND ALSO THOSE AFFECTED AND ORPHANED BY HIV/AIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE - TO EQUIP & SEND MISSIONARIES TO SERVE ALONGSIDE MASTER HEART'S PARTNERSHIPS WITH THE GOAL OF MAKING JESUS FAMOUS. AN INITIATIVE TO CONNECT VOLUNTEERS WITH MINISTRY PARTNERS SERVING THE POOREST OF THE POOR IN DESPERATE AREAS SUCH AS MOZAMBIQUE, SOUTH AFRICA AND INDIA. ORPHAN SPONSORSHIP - PROVIDE FOOD SECURITY, ACCESS TO HEALTHCARE AND EDUCATION FOR ORPHANED CHILDREN IN MOZAMBIQUE.SUMMER HOPE - TO MOBILIZE A COMMUNITY WIDE CHRISTIAN OUTREACH INTO AREAS OF POVERTY IN FARGO/MOORHEAD. CONDUCT A ONE DAY TIME OF BLESSING IN THESE AREAS FOR THOSE WHO HAVE LITTLE HOPE.WIDOW CARE - MOBILIZE A TEAM OF SKILLED MEN AND WOMEN WHO WILL CONSISTENTLY REACH OUT TO WIDOWS IN THE FORM OF DOING HANDYMAN JOBS OF MANY DESCRIPTIONS.MISSION TRIPS - CARRY OUT MEDICAL MISSIONS, CHILDREN AND YOUTH OUTREACHES, AND MINISTRY SUPPORT SUCH AS HOME AND CHURCH CONSTRUCTION TO IMPOVERISHED AREAS AROUND THE WORLD.
HOPE SKILLS TRAINING CENTER:WELDING SCHOOL - TO BRING HOPE TO NEEDY PEOPLE BY EQUIPPING THEM WITH A TECHNICAL WELDING SKILL THAT WILL ENABLE THEM TO ACHIEVE FINANCIAL STABILITY.LANGUAGE SCHOOL - DESIGNED TO SHARE THE GOSPEL AND LOVE OF CHRIST WHILE TEACHING NEW AMERICANS ENGLISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Moline President | OfficerTrustee | 2 | $0 |
Sarah Moline Director | OfficerTrustee | 2 | $0 |
Richard Irish Chairman | OfficerTrustee | 2 | $0 |
Ruth Irish Director | Trustee | 2 | $0 |
Dan Sikkink Director | Trustee | 5 | $0 |
Kari Sikkink Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $280,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,270 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,270 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $283,553 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $104 |
| Office expenses | $1,014 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $289,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,285 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $94,285 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $94,285 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $94,285 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Masters Heart Ministries has recieved totaling $156,004.
| Awarding Organization | Amount |
|---|---|
Crary Family Legacy Fund Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $140,004 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Heartlink Edina, MN | $2,506,246 | $2,676,358 |
Open Your Hearts To The Hungry And Homeless Minneapolis, MN | $767,674 | $772,058 |
Masters Heart Ministries West Fargo, ND | $94,285 | $280,270 |
Sacred Heart John Chebul Memorial Center Association Incorporated Duluth, MN | $887,488 | $143,110 |
Abriendo Corazones-Opening Hearts Pierre, SD | $0 | $0 |
Hart To Heart Ministries Inc Hamilton, MT | $26,823 | $135,395 |
Sustainable Cardiovascular Health Equity Alliance Plymouth, MN | $11,700 | $0 |
Rocky Mountain Hearth & Barbecue Association Columbia Falls, MT | $145,899 | $0 |
Hi-Line Pregnancy Resource Center Havre, MT | $104,131 | $0 |
Rock From The Heart Delano, MN | $118,857 | $0 |
Fathers Heart 4u Ramsey, MN | $28,946 | $0 |
Lasting Imprint Inc Mankato, MN | $105,022 | $0 |