Masters Men
- Assets
- $361.6k
- Revenue
- $811.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Dallas, TX
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 75-2896986
Organization Overview
Masters Men is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Masters Men employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masters Men 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 12/2023, Masters Men generated $811.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $863.3k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE MEN TO BE REAL MEN AS THEY FOLLOW THE MODEL OF THE GREATEST MAN - JESUS CHRIST. TO PROVIDE AN ENVIRONMENT WHERE MEN CAN FEARLESSLY PURSUE THEIR SPIRITUAL DEVELOPMENT. TO PROVIDE SUPPORT FOR DEVELOPMENT, MINISTRY OPPORTUNITIES, ACCOUNTABILITY, LEADERSHIP, AND FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE MASTER'S MEN CONTINUED, ITS SLOW GROWTH, OF MINISTRY. THERE WAS A RESPECTABLE INCREASE TO THE HEADCOUNT SERVED; BOTH STATE SIDE AND ESPECIALLY OVERSEAS (THEY ARE GROWING THE MOST ROBUSTLY) AND, ONCE AGAIN THERE WAS VERY LITTLE ATTRITION. OUR OVERALL CONSTITUENCY SERVED WAS APPROXIMATELY, 25,000 MEN AND THEIR FAMILIES, GLOBALLY, THROUGH OUR STAFF MINISTERS (7), LEADERS (120 INCLUDING THE INDIAN DISTRICT LEADERS) AND VOLUNTEER NETWORK (2000+ MEN). THESE NUMBERS ARE FACILITATED BY THE USE OF OUR WEB RESOURCES, SOCIAL MEDIA PLATFORMS, ELECTRONIC AND PRINTED MATERIALS AS WELL AS OUR INTERNATIONAL AFFILIATES AND DOMESTIC US CHAPTERS AND TEAMS, INCLUDING OUR MM RACING MINISTRIES. WE ALSO USE OUR MEDIA PLATFORMS TO BOADCAST OUR GOSPEL AND DISCIPLESHIP MESSAGE, AND WE SITLL DO THE SAME AT OUR OUTREACH EVENT. WE USE OUR EVENTS FOR TEAM MEMBER RECRUITING AND TEAM BUILDING AND THEY PROVIDE AN EXCELLENT EVANGELISTIC OUTREACH OPPORTUNITY. OUR INTERNATIONAL MINISTRY IS CONTINUING TO REACH MEN FOR CHRIST IN AFRICA, INDIA, WITH NORWAY BEING STATIC. WE CONTINUED TO TRAIN TEAM LEADERS OVERSEAS AS WELL AS STATES SIDE. WE CONTINUE TO NETWORK MEN TOGETHER TOWARD AN EFFECTIVE "SMALL GROUP" DISCIPLESHIP MODEL, THAT JESUS EMPLOYED, AND WE CONTINUE TO PREACH THE GOSPEL AND TEACH THE BIBLE TO THE MEN IN THOSE GROUPS, WHICH WE CALL "TEAMS".
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene C Wooldridge Director | Trustee | 4 | $0 |
Richard Dobrey Chairman | Trustee | 5 | $0 |
Dirk Hansen Director | Trustee | 4 | $0 |
Hunter Dehn Director | Trustee | 4 | $0 |
Jason Ratzlaff Director | Trustee | 4 | $0 |
Roy Stacy Director | Trustee | 4 | $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 | $810,866 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $810,866 |
| Total Program Service Revenue | $0 |
| Investment income | $328 |
| 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 | $811,194 |
| 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 | $65,950 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,197 |
| Compensation of current officers, directors, key employees. | $30,799 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $397,207 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,158 |
| Payroll taxes | $2,911 |
| Fees for services: Management | $3,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,250 |
| Advertising and promotion | $40,737 |
| Office expenses | $27,883 |
| Information technology | $11,180 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $81,180 |
| 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 | $3,614 |
| All other expenses | $781 |
| Total functional expenses | $863,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,604 |
| Savings and temporary cash investments | $70,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $25,000 |
| 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 | $361,615 |
| 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 | $3,467 |
| Total liabilities | $3,467 |
| Net assets without donor restrictions | $358,148 |
| 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 | $361,615 |