MASTER PROVISIONS INC

EIN: 611262540 501(c)(3) Unknown

FLORENCE, KY

Total Revenue
$10,110,171
Total Expenses
$5,581,467
Total Assets
$7,254,101
Net Assets
$7,041,899
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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
1994
Legal Domicile
KY
Principal Officer
SHANE ARMSTRONG
Phone
8594740467
Tax Period
2023-01-01 to 2023-12-31

MASTER PROVISIONS INC, founded in 1994, is a mid-sized nonprofit in the Unknown sector that reported $10.1M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 45% operating margin.

Mission

MASTER PROVISIONS, INC SERVES GOD BY CONNECTING RESOURCES TO NEEDS WHILE UPLIFITING ONE SOUL AT A TIME FOR ALL GENERATIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,099,544
Program Service Revenue $22,501
Investment Income $30,893
Other Revenue $-42,767
TOTAL REVENUE $10,110,171

Expense Breakdown

Grants Paid $201,434
Salaries & Benefits $820,444
Fundraising Expenses $324,184
Program Expenses $4,968,625
Other Expenses $4,559,589
TOTAL EXPENSES $5,581,467

Year-over-Year Comparison

2023 2022 Change
Revenue $10,110,171 $6,110,573 +0.7%
Expenses $5,581,467 $5,462,931 +0.0%
Net Income $4,528,704 $647,642 +6.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
23
Volunteers
4662

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
3
$88,803
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE BRABENDER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
KRISTIN LEADINGHAM TREASURER 1.00
Officer Director
$0 $0 $0
KRYSTLE ATKINS BOARD MEMBER 1.00
Director
$0 $0 $0
JIM MCCARVILLE BOARD MEMBER 1.00
Director
$0 $0 $0
BILLY SANTOS BOARD MEMBER 1.00
Director
$0 $0 $0
OLIVIA AMLUNG BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER VORIES BOARD MEMBER 1.00
Director
$0 $0 $0
VIRAL PATEL BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY YATES BOARD MEMBER 1.00
Director
$0 $0 $0
MONTY TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
TOM RATERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
NICK KAUFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE ARMSTRONG PRESIDENT 40.00
Officer
$62,065 $26,738 $88,803
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 $10,110,171 $5,581,467 $7,254,101 $4,528,704
2022 $6,110,573 $5,462,931 $2,644,014 $647,642
2021 $5,327,580 $4,962,456 $1,961,466 $365,124
2020 $4,708,388 $4,553,806 $1,598,802 $154,582
2019 $4,075,945 $4,082,510 $1,584,519 $-6,565
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