Matt 25 INC FY2021 filing

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The mission of the Matt 25 hope center, a faith-based organization, is to be a hub that provides opportunities to serve and to engage in collaborative efforts with entities whose common purpose is to improve the quality of life for those in need through compassionate services.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $21K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 11.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $70
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$379K
-20% vs prior year
Spent
$362K
To programs
82%
Net assets
$664K
By yearFY2020–FY2024
Revenue
$379K
FY2021▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$474K
FY2021$379K
FY2022$363K
FY2023$485K
FY2024$499K
Expenses
$362K
FY2021▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$408K
FY2021$362K
FY2022$341K
FY2023$492K
FY2024$493K
Net assets
$664K
FY2021▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$646K
FY2021$664K
FY2022$686K
FY2023$671K
FY2024$677K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $296K Management & general 16% · $56K Fundraising 3% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$72,217Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

Steve Reshetar’s $82K as Executive Di is at the 75th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Steve Reshetar$82,376$72,217$71,107

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Matt 25 INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects people with compassionate services to improve lives.

Questions for Matt 25 INC

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2 programs · $296K · in their own filed words · FY2021
01

Life Skills

In process of remodeling an abandoned hospital facility for housing various independent christian ministries for the homeless, hungry, and chemically dependent, and to operate its own ministry of providing life skills training to the needy and chemically dependent.

$296Kprogram expense
02

Benevolence

The organization provides assistance to individuals for rent, bus tickets, food, gasoline, etc.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$70

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$379K
Ln 12
Gifts and grantsLn 1h$308K
Other incomeLn 4–11$71K
Money outPt IX
$362K
Ln 25
Programscol B$296K
Managementcol C$56K
Fundraisingcol D$10K
Owns and owesPt X
$664K
net assets · Ln 32
Cash and savingsLn 1–2$347K
Total assetsLn 16$676K
LiabilitiesLn 26$12K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$308K
Government grantsLn 1e$101K
Other incomeLn 4–11$71K
Total revenueLn 12$379K
Assets in detailPt X, end of year
CashLn 1$347K
Cash and savings togetherLn 1–2$347K
Land, buildings, equipmentLn 10c$328K
Other assetsLn 15$315
Total assetsLn 16$676K
LiabilitiesLn 26$12K
Net assetsLn 32$664K
OperationsPt I, VI
EmployeesI 529
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$335K$347K
Land, buildings, equipmentLn 10c$321K$328K
Total assetsLn 16$657K$676K
LiabilitiesLn 26$11K$12K
Net assetsLn 32$646K$664K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$191K$170K$12K$10K
Payroll taxesLn 10$26K$13K$13K
Accounting feesLn 11c$21K$21K
Advertising and promotionLn 12$3K$1K$1K
Office expensesLn 13$16K$8K$8K
Information technologyLn 14$12K$6K$6K
OccupancyLn 16$48K$47K$1K
Conferences, conventions and meetingsLn 19$1K$533$492
Depreciation, depletion and amortizationLn 22$11K$11K$291
Other expenses (24a–d)Ln 24$27K$14K$13K
All other expensesLn 24e$5K$4K$1K
Total functional expensesLn 25$362K$296K$56K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 18, 2025 $499K$493K$6K$677K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $485K$492K−$7K$671K 990 PDF
FY2022Filed with the IRS Apr 7, 2025 $363K$341K$22K$686K 990 PDF
FY2021 ViewingFiled with the IRS Nov 10, 2022 $379K$362K$18K$664K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $474K$408K$67K$646K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $379,087 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $280,516$307,974
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $193,826$71,113
I-12 Total revenuePrior year $474,342$379,087
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $294,536$217,199
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $113,086$144,343
I-18 Total expensesPrior year $407,622$361,542
I-19 Revenue less expensesPrior year $66,720$17,545
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $379,087 across 5 lines filed
Lines not itemized here account for −$69,735 of total revenue; see the IRS return.
VIII-1e Government grants$100,985
VIII-1f All other contributions, gifts and grants$206,989
VIII-1h Total contributions, gifts and grants$307,974
VIII-6 Net rental income or lossRelated to mission $140,848$140,848
VIII-12 Total revenueRelated to mission $140,848 · Unrelated business −$29,454 · Excluded from tax −$40,281$379,087
Part IX · Statement of functional expenses $361,542 across 11 lines filed
IX-7 Other salaries and wagesPrograms $169,681 · Management $11,766 · Fundraising $9,550$190,997
IX-10 Payroll taxesPrograms $13,101 · Management $13,101$26,202
IX-11c Accounting feesPrograms $21,026$21,026
IX-12 Advertising and promotionPrograms $1,431 · Management $1,321$2,752
IX-13 Office expensesPrograms $8,023 · Management $7,564$15,587
IX-14 Information technologyPrograms $6,196 · Management $6,196$12,392
IX-16 OccupancyPrograms $47,006 · Management $1,240$48,246
IX-19 Conferences, conventions and meetingsPrograms $533 · Management $492$1,025
IX-22 Depreciation, depletion and amortizationPrograms $11,039 · Management $291$11,330
IX-24 Other expenses (24a–d)Programs $13,738 · Management $13,119$26,857
IX-24e All other expensesPrograms $3,730 · Management $1,398$5,128
IX-25 Total functional expensesPrograms $295,504 · Management $56,488 · Fundraising $9,550$361,542
Part X · Balance sheet $675,810 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $335,364$347,106
X-10c Land, buildings and equipment, netStart of year $321,015$328,389
X-15 Other assetsStart of year $315$315
X-16 Total assetsStart of year $656,694$675,810
X-25 Other liabilitiesStart of year $10,599$12,142
X-26 Total liabilitiesStart of year $10,599$12,142
X-27 Net assets without donor restrictionsStart of year $646,095$663,668
X-32 Total net assets or fund balancesStart of year $646,095$663,668
X-33 Total liabilities and net assetsStart of year $656,694$675,810
Part XI · Reconciliation of net assets $663,668 net assets at year end
XI-1 Total revenue$379,087
XI-2 Total expenses$361,542
XI-3 Revenue less expenses$17,545
XI-4 Net assets at start of year$646,095
XI-8 Prior period adjustments$28
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$663,668

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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