The Master's Men FY2022 filing

Tax-deductible

Dallas, TX501(c)(3)ReligionEIN 75-2896986

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.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$80K 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

FY2022 · 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
2 of 5
filings with a surplus
Average deficit $10K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $89K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 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
$766K
+5% vs prior year
Spent
$798K
To programs
77%
Net assets
$410K
By yearFY2020–FY2024
Revenue
$766K
FY2022▲ +5%
Revenue by fiscal year
FY2020$667K
FY2021$727K
FY2022$766K
FY2023$811K
FY2024$623K
Expenses
$798K
FY2022▲ +27%
Expenses by fiscal year
FY2020$659K
FY2021$631K
FY2022$798K
FY2023$863K
FY2024$695K
Net assets
$410K
FY2022▼ -7%
Net assets by fiscal year
FY2020$346K
FY2021$442K
FY2022$410K
FY2023$358K
FY2024$286K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 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 Dec 2001.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $612K Management & general 14% · $113K Fundraising 9% · $73K

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

Who runs it and what they're paid

8 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$79,630Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jim Cote’s $65K as President is at the 66th percentile of top reported officer pay among 2133 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jim Cote$64,806$56,597$79,630$59,828$67,083

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Inspires men to grow spiritually and lead through faith-based support and fellowship.

Provided by the organization

This section is blank until The Master's Men claims this page.

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1 program service account for $612K of program spending, described in the organization's own filed words · FY2022.
01

In 2022, the master's men continued on its plateau, of ministry impact, deliverables and results. There was a respectable increase to the headcount served; both state side and overseas and, once again there was very little ATTRITION.OUR overall constituency served was approximately, 22,000 men and their families, globally, through our…

$612Kprogram 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
See all 7 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$766K
Ln 12
Gifts and grantsLn 1h$766K
Investment incomeLn 3$122
Money outPt IX
$798K
Ln 25
Programscol B$612K
Managementcol C$113K
Fundraisingcol D$73K
Owns and owesPt X
$410K
net assets · Ln 32
Cash and savingsLn 1–2$390K
Total assetsLn 16$415K
LiabilitiesLn 26$4K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$766K
Investment incomeLn 3$122
Total revenueLn 12$766K
Assets in detailPt X, end of year
CashLn 1$310K
SavingsLn 2$80K
Cash and savings togetherLn 1–2$390K
Total assetsLn 16$415K
LiabilitiesLn 26$4K
Net assetsLn 32$410K
OperationsPt I, VI
EmployeesI 56
VolunteersI 61,500
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$414K$390K
Total assetsLn 16$451K$415K
LiabilitiesLn 26$8K$4K
Net assetsLn 32$442K$410K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$450$450
Grants and assistance to foreign recipientsLn 3$57K$57K
Pay of current officers, directors and key staffLn 5$146K$95K$36K$15K
Other salaries and wagesLn 7$355K$284K$35K$35K
Other employee benefitsLn 9$21K$18K$2K$1K
Payroll taxesLn 10$7K$6K$668$334
Accounting feesLn 11c$41K$10K$27K$4K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$35K$28K$4K$3K
Office expensesLn 13$28K$20K$5K$3K
Information technologyLn 14$13K$9K$1K$3K
TravelLn 17$79K$71K$8K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$10K$8K$1K$974
Total functional expensesLn 25$798K$612K$113K$73K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $623K$695K−$72K$286K 990 PDF
FY2023 $811K$863K−$52K$358K 990 PDF
FY2022 Viewing $766K$798K−$32K$410K 990 PDF
FY2021 $727K$631K$96K$442K 990 PDF
FY2020 $667K$659K$8K$346K 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
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $765,843 across 4 lines filed
VIII-1f All other contributions, gifts and grants$765,721
VIII-1h Total contributions, gifts and grants$765,721
VIII-3 Investment incomeExcluded from tax $122$122
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $122$765,843
Part IX · Statement of functional expenses $798,014 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $450$450
IX-3 Grants and assistance to foreign recipientsPrograms $56,700$56,700
IX-5 Pay of current officers, directors and key staffPrograms $94,659 · Management $36,407 · Fundraising $14,563$145,629
IX-7 Other salaries and wagesPrograms $283,956 · Management $35,495 · Fundraising $35,495$354,946
IX-9 Other employee benefitsPrograms $18,063 · Management $2,125 · Fundraising $1,063$21,251
IX-10 Payroll taxesPrograms $5,678 · Management $668 · Fundraising $334$6,680
IX-11c Accounting feesPrograms $10,248 · Management $26,644 · Fundraising $4,099$40,991
IX-11g Other fees for servicesPrograms $2,630$2,630
IX-12 Advertising and promotionPrograms $27,592 · Management $3,546 · Fundraising $3,460$34,598
IX-13 Office expensesPrograms $19,772 · Management $5,463 · Fundraising $2,802$28,037
IX-14 Information technologyPrograms $9,164 · Management $1,309 · Fundraising $2,618$13,091
IX-17 TravelPrograms $71,474 · Fundraising $7,942$79,416
IX-23 InsurancePrograms $3,854$3,854
IX-24 Other expenses (24a–d)Programs $7,708 · Management $1,059 · Fundraising $974$9,741
IX-25 Total functional expensesPrograms $611,948 · Management $112,716 · Fundraising $73,350$798,014
Part X · Balance sheet $414,533 assets, 8 lines filed
Asset lines not itemized here account for $25,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $376,147$309,820
X-2 Savings and temporary cash investmentsStart of year $37,487$79,713
X-16 Total assetsStart of year $450,547$414,533
X-25 Other liabilitiesStart of year $8,101$4,258
X-26 Total liabilitiesStart of year $8,101$4,258
X-27 Net assets without donor restrictionsStart of year $442,446$410,275
X-32 Total net assets or fund balancesStart of year $442,446$410,275
X-33 Total liabilities and net assetsStart of year $450,547$414,533
Part XI · Reconciliation of net assets $410,275 net assets at year end
XI-1 Total revenue$765,843
XI-2 Total expenses$798,014
XI-3 Revenue less expenses−$32,171
XI-4 Net assets at start of year$442,446
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$410,275

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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