MASTERS HEART (EIN 261725164) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Principal Officer

JUSTIN MOLINE

Phone

7016404404

Tax Period

2023-01-01 to 2023-12-31

MASTERS HEART, founded in 2008, is a small nonprofit that reported $418K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $399K left a modest 5% surplus.

Mission

OUR MISSION WAS ACHIEVED BY BEING THE HANDS OF JESUS (THE MASTER) TO THOSE WHO ARE HURTING AND HAVE NO HOPE DUE TO POVERTY, SPIRITUAL DARKNESS AND ALSO THOSE AFFECTED AND ORPHANED BY HIV/AIDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $417,702

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $417,702

Expense Breakdown

Grants Paid $391,638

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $394,538

Other Expenses $6,898

TOTAL EXPENSES $398,536

Year-over-Year Comparison

	2023	2022	Change
Revenue	$417,702	$483,498	-0.1%
Expenses	$398,536	$451,345	-0.1%
Net Income	$19,166	$32,153	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN MOLINE	President	5.00	Officer Director	$0	$0	$0
SARAH IRISH	Director	5.00	Director	$0	$0	$0
RICHARD IRISH	Chairman	5.00	Director	$0	$0	$0
RUTH IRISH	Director	2.00	Director	$0	$0	$0
DAN SIKKINK	Director	10.00	Director	$0	$0	$0
KARI SIKKINK	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$417,702	$398,536	$145,604	$19,166
2022	$483,498	$451,345	$126,438	$32,153
2021	$280,270	$289,095	$94,285	$-8,825
2020	$348,634	$288,420	$103,110	$60,214
2019	$274,036	$310,295	$42,896	$-36,259
2018	$215,576	$222,561	$79,155	$-6,985

MASTERS HEART