Mastery Foundation FY2020 filing

San Francisco, CA · Religious organization · Since 1983 · Religion

✓ Tax-deductible
Revenue
$211K
Spent
$159K
To programs
64%
Net assets
$192K
By yearFY2020–FY2025
Revenue
$211K
FY2020
Revenue by fiscal year
FY2020$211K
FY2021$134K
FY2022$223K
FY2023$208K
FY2024$228K
FY2025$258K
Expenses
$159K
FY2020
Expenses by fiscal year
FY2020$159K
FY2021$137K
FY2022$209K
FY2023$218K
FY2024$218K
FY2025$214K
Net assets
$192K
FY2020
Net assets by fiscal year
FY2020$192K
FY2021$188K
FY2022$209K
FY2023$198K
FY2024$207K
FY2025$251K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CMastery Foundation
EINHdr · item D22-2616092
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1986
Year of formationHdr · item L1983
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSan Francisco, CA
NTEE classificationIRS BMFReligion (X99P)
WebsiteHdr · item Jwww.masteryfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.28 Fundraising $0.08
Program services64%$101K
Management & general28%$45K
Fundraising8%$13K
Total functional expensesLn 25$159K

Financial health

Is it on solid ground?

Program efficiency
64%
of spending reaches programs
Operating runway
14.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$194K
FY2020
Total assets by fiscal year
FY2020$194K
FY2021$189K
FY2022$210K
FY2023$200K
FY2024$211K
FY2025$253K
Total liabilities
$2K
FY2020
Total liabilities by fiscal year
FY2020$2K
FY2021$2K
FY2022$2K
FY2023$2K
FY2024$4K
FY2025$2K
Revenue less expensesPt I · Ln 19$52K
Total assetsPt X · Ln 16$194K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 416

Balance Sheet

Part X · end of year
CashLn 1$193K
Total assetsLn 16$194K
Total liabilitiesLn 26$2K
Total net assetsLn 32$192K
Months of cash on handcomputed14.5

Statement of Revenue

Part VIII
Contributions & grants$161K · 76%
Program service revenue$49K · 23%
Other revenue$1K · 1%
Contributions & grants76%$161K
Program service revenue23%$49K
Other revenue1%$1K
Investment income$244
Total revenueLn 12$211K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $193K · Operating expenses/yr $159K
14.5 months
Where the money goes
Program services
Program services $101K · Total expenses $159K
64%
Management & General
Management & general $45K · Total expenses $159K
28%
Fundraising
Fundraising $13K · Total expenses $159K
8%
Cost to raise $1
Fundraising expense $13K · Solicited contributions $161K
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $161K · Total revenue $211K
76%
Government reliance
Government grants — · Total revenue $211K
—
Earned-income share
Program service revenue $49K · Total revenue $211K
23%
Investment reliance
Investment income $244 · Total revenue $211K
+0.1%
Program self-sufficiency
Program service revenue $49K · Total expenses $159K
31%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $159K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $194K
—
Net-asset ratio
Net assets $192K · Total assets $194K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $194K
0%
People & payroll
Highest Reported Total Compensation
Individual Ann Overton · Reported title Exec Dir & VP · Highest reported compensation $91K · Total expenses $159K
57%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $102K · Total expenses $159K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%——
Overhead ratio 28%——
Fundraising cost ratio 8%——
Investment management fee ratio 0%——
Legal fee ratio 0.1%——
Accounting fee ratio 3%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec Dir & VP
$91,200Pt VII · Sec A
$14,000Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ann Overton’s $91K as Exec Dir & VP is at the 85th percentile of top reported officer pay among 2132 $100K–1M religion 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ann Overton$91,200$91,200$91,200$91,200$91,200$91,200
Rabbi Terry Bookman—————$14,000

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.

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Governance & Policies

Part VI
  • 17Voting board membersPt VI · Ln 1a
  • 16Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Trains religious and community leaders in new techniques for empowerment and relationship building.

Provided by the organization

This section is blank until Mastery Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $101K of program spending, described in the organization's own filed words · FY2020.
01

The school for leadership is a three year program that brings together grassroots community and religious leaders who share a commitment to transformation and reconciliation, and provides a place for their continuing empowerment and education.

$52Kprogram expense
02

An annual three-day intensive program for grassroots community and religious leaders in northern ireland designed to provoke new thinking and new conversations that leave participants with more access to their power to make a difference.

$34Kprogram expense
03

Making a Difference

Courses for those who minister is an advanced interfaith workshop for both lay and ordained persons. Offered since 1984, this workshop challenges those in ministry to rethink what is possible for themselves and for their ministries.

$15Kprogram expense

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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 2 funders$25K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $258K$214K+13% 990 PDF
FY2024 $228K$218K+10% 990 PDF
FY2023 $208K$218K-7% 990 PDF
FY2022 $223K$209K+66% 990 PDF
FY2021 $134K$137K-36% 990 PDF
FY2020 Viewing $211K$159K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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