The Master's Institute (EIN 411999800) - 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

2001

Legal Domicile

Principal Officer

Jeremy King

Phone

6517659756

Tax Period

2024-07-01 to 2025-06-30

The Master's Institute, founded in 2001, is a small nonprofit in the Education sector that reported $588K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $229K, a strong 39% operating margin.

Mission

To equip the heart, head and hands of leaders in the Kingdom of God through spiritual and character formation, biblical teaching and leadership training

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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 (2024)

Revenue Breakdown

Contributions & Grants $455,861

Program Service Revenue $147,525

Investment Income $3,091

Other Revenue $-18,901

TOTAL REVENUE $587,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,503

Fundraising Expenses $37,051

Program Expenses $215,232

Other Expenses $132,931

TOTAL EXPENSES $358,434

Year-over-Year Comparison

	2024	2023	Change
Revenue	$587,576	$427,964	+0.4%
Expenses	$358,434	$337,417	+0.1%
Net Income	$229,142	$90,547	+1.5%

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

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

$24,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy King	757 Martin Ave, Hudson, WI 54016	10.00	Officer	$24,000	$0	$24,000
Julie Samuelson	15872 Mid River Rd, Pine City, MN 55063	0.50	Director	$0	$0	$0
Eric Hulstrand	11255 Lanewood Circle, Eden Prairie, MN 55344	0.50	Director	$0	$0	$0
Christian Dahl	3030 Riverside Rd, Story City, IA 50248	0.50	Director	$0	$0	$0
Darrin Vick	2988 Frank Street Maplewood, MN 55109	0.50	Director	$0	$0	$0
Noah Ruppert	6801 Prairie View Dr Sioux City, IA 51106	0.50	Director	$0	$0	$0
Steve Perkins	14650 Bowers Drive Ramsey, MN 55303	0.50	Director	$0	$0	$0
Sandra Miller	1980 Edgewood Drive Owatonna, MN 55060	0.50	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
2025	$587,576	$358,434	$434,468	$229,142
2024	$427,964	$337,417	$204,487	$90,547
2023	$352,622	$329,840	$110,138	$22,782
2022	$480,771	$368,924	$87,652	$111,847
2021	$302,581	$347,500	$34,685	$-44,919

The Master's Institute