Masters Touch Ministries Inc
- Assets
- $64.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/1986
- Data as of
- 12/2020
- EIN
- 36-3368800
Organization Overview
Masters Touch Ministries Inc is located in Tulsa, OK. The organization was established in 1986. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Masters Touch Ministries Inc 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 12/2020, Masters Touch Ministries Inc generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $25.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
MASTER'S TOUCH MINISTRIES' PROGRAMS RELATE TO PERFORMING RELIGIOUS ACTIVITIES AND DOING MISSIONARY OUTREACHES FOR THE PURPOSE OF CONVERTING INDIVIDUALS TO THE CHRISTIAN FAITH, TO EDUCATE CHRISTIANS IN THEIR BASIC FAITH, AND TO HELP ADVANCE PASTORS AND OTHER MINISTERS IN THEIR LEADERSHIP SKILLS. IN PURSUIT OF THESE GOALS, MASTER'S TOUCH MINISTRIES PERFORMED THE FOLLOWING SERVICES IN 2014: - CONDUCTED APPROXIMATELY 40 CHURCH AND CONFERENCE MEETINGS AND BIBLE SCHOOL LECTURES AT VARIOUS LOCATIONS THROUGHOUT THE UNITED STATES. MASTER'S TOUCH MINISTRIES ALSO CONDUCTED 11 CHURCH MEETINGS, 1 LEADERSHIP CONFERENCE, AND TAUGHT IN AN INTERNATIONAL BIBLE SCHOOL IN A FOREIGN COUNTRIES. MASTER'S TOUCH MINISTRIES PRODUCED AND THEN DISTRIBUTED MUSIC AND AUDIO TEACHING CDS AND BOOKS WHERE MEETINGS WERE CONDUCTED, THROUGH INTERNET CONTACTS, AND THROUGH THE PRINTED PAGE AND RECORDED MEDIUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Duininck President | 40 | $0 | |
Michele Courchasne Vice President | 0 | $0 | |
Jeff Sutton Secretary | 0 | $0 | |
Barbara Rupps Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,777 |
| Professional fees and other payments to independent contractors | $10,518 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $5,962 |
| Total expenses | $25,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,418 |
| Other assets | $0 |
| Total assets | $64,061 |
| Total liabilities | $11,707 |
| Net assets or fund balances | $52,354 |