Mastery Foundation FY2023 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 1983ReligionEIN 22-2616092

The work of the mastery foundation is to empower individuals and communities in their ministries in the reconciliation and healing of divisions and in creating new conversations and possibilities for the future.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$91K 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

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 6
years in the black
Pt I · Ln 19 · 6 filings
How much reaches the programs?
82%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$91K
to officers and key staff · 42% of spending
Pt VII · Sec A
Do they have reserves?
11 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $25K
Funders’ Sch. I, 990-PF
Do they carry debt?
$2K
liabilities
Pt X · Ln 26
Who oversees it?
14
independent of 14 voting board members
Pt VI · Ln 1a–1b
Revenue
$208K
-7% vs prior year
Spent
$218K
To programs
82%
Net assets
$198K
By yearFY2020–FY2025
Revenue
$208K
FY2023▼ -7%
Revenue by fiscal year
FY2020$211K
FY2021$134K
FY2022$223K
FY2023$208K
FY2024$228K
FY2025$258K
Expenses
$218K
FY2023▲ +5%
Expenses by fiscal year
FY2020$159K
FY2021$137K
FY2022$209K
FY2023$218K
FY2024$218K
FY2025$214K
Net assets
$198K
FY2023▼ -5%
Net assets by fiscal year
FY2020$192K
FY2021$188K
FY2022$209K
FY2023$198K
FY2024$207K
FY2025$251K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 $0.82 Management & general $0.12 Fundraising $0.06
Program services82%$178K
Management & general12%$27K
Fundraising6%$13K
Total functional expensesLn 25$218K

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs
Operating runway
14.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$200K
FY2023▼ -5%
Total assets by fiscal year
FY2020$194K
FY2021$189K
FY2022$210K
FY2023$200K
FY2024$211K
FY2025$253K
Total liabilities
$2K
FY2023▼ -0.9%
Total liabilities by fiscal year
FY2020$2K
FY2021$2K
FY2022$2K
FY2023$2K
FY2024$4K
FY2025$2K
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$200K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$200K
Total liabilitiesLn 26$2K
Total net assetsLn 32$198K
Months of cash on handcomputed11.0

Statement of Revenue

Part VIII
Contributions & grants$145K · 70%
Program service revenue$60K · 29%
Other revenue$1K · 1%
Contributions & grants70%$145K
Program service revenue29%$60K
Other revenue1%$1K
Investment income$959
Total revenueLn 12$208K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $200K · Operating expenses (Pt IX) $218K · Less non-cash grants $56K · Cash operating expenses/yr $163K
14.7 months
Where the money goes
Program services
Program services $178K · Total expenses $218K
82%
Management & General
Management & general $27K · Total expenses $218K
12%
Fundraising
Fundraising $13K · Total expenses $218K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $158K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $145K · Total revenue $208K
70%
Government reliance
Government grants — · Total revenue $208K
—
Earned-income share
Program service revenue $60K · Total revenue $208K
29%
Investment reliance
Investment income $959 · Total revenue $208K
+0.5%
Program self-sufficiency
Program service revenue $60K · Total expenses $218K
28%
Growth & trend
Revenue growth (YoY)
This year $208K · Prior year $223K
-7%
Net-asset trend (YoY)
End of year $198K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $208K · Expenses $218K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $200K
—
Net-asset ratio
Net assets $198K · Total assets $200K
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) $200K
0%
People & payroll
Highest Reported Total Compensation
Individual Ann Overton · Reported title Exec Dir & VP · Highest reported compensation $91K · Total expenses $218K
42%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $103K · Total expenses $218K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 12%——
Fundraising cost ratio 9%——
Revenue growth -7%——
Investment management fee ratio 0%——
Legal fee ratio 0.1%——
Accounting fee ratio 2%——
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
Board Member
$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
Board Member
$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.

See Mastery Foundation executive salaries →

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Governance & Policies

Part VI
  • 14Voting board membersPt VI · Ln 1a
  • 14Independent 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

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Mission & Programs · Part III

Where the work happens

3 program services account for $116K of program spending, described in the organization's own filed words · FY2023.
01

SCHOOL FOR LEADERSHIP-Through our programs and initiatives, we offer participants the ability to create and renew commitment and strength that can fade with time or resistance; think about and approach situations from possibilities that lead to new openings and to making a positive difference; listen and speak in ways that dramatically…

$45Kprogram expense
02

An annual three-day intensive program for grassroots community and religious leadersIn Northern Ireland designed to provoke new thinking and new conversations thatleave participants with more access to their power to make a difference.

$36Kprogram expense
03

A three-day intensive program for grassroots community leaders inIsrael designed to provoke new thinking and new conversations that leave participants with more access to their power to make a difference. Offered by invitation and at no cost to those who have demonstrated their commitment to building inclusive communities.

$36Kprogram 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 Viewing $208K$218K-7% 990 PDF
FY2022 $223K$209K+66% 990 PDF
FY2021 $134K$137K-36% 990 PDF
FY2020 $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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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