Mission
STRENGTHENING FAMILIES BY HELPING THEM OVERCOME PHYSICAL, EDUCATIONAL, AND SPIRITUAL OBSTACLES TO SUCCESS THROUGH AFTER SCHOOL PROGRAMS, ADULT EDUCATION, FOOD ASSISTANCE, AND SUMMER PROGRAMS.
Public Charity
MASTERKEY MINISTRIES OF GRAYSON COUNTY
MASTERKEY MINISTRIES OF GRAYSON COUNTY is a Public Charity headquartered in SHERMAN, TX. Financial data from the 2025 filing: $2.2M revenue, $2.3M expenses, $795K total assets. 21 publicly reported grants to this organization, totaling roughly $211K, appear in IRS filings.
EIN: 270956504
SHERMAN, TX
Salvation Army
NTEE: P24
Latest filing: 2025
Total Revenue$2.2M
Total Expenses$2.3M
Total Assets$795K
Grant Records21
Funding Total$211K
Filing Years2021–2025
Where $100 goes at Masterkey Ministries of Grayson County
How Masterkey Ministries of Grayson County divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$79
Food assistance program
$16
Child and adult educational programs
$1
For adults, programs are designed to help those that need necessary skills to improve their lives
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROGRAM/PROJECT SUPPORT
$13,500
Education
$7,500
HUNGER RELIEF
$1,900
PROGRAM/PROJECT SUPPORT
$12,000
HEALTHCARE
$10,500
Showing up to 5 of 21 total records — full history available with membership.
Officers & Directors
DIRECTOR
Amy Weaver
VICE PRESIDE
Asa Jesse
SECRETARY
Dan Thomas
DIRECTOR
Dianne Harrington
PRESIDENT
Dr Clint Long
DIRECTOR
J Kermit Hill
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.2M | $2.3M | $795K |
| 2024 | $2.7M | $2.9M | $889K |
| 2023 | $2.6M | $2.4M | $1.1M |
| 2022 | $2.2M | $2.1M | $782K |
| 2021 | $2.8M | $2.6M | $372K |
Between 2021 and 2025, reported annual revenue declined from $2.8M to $2.2M (-20%), with total assets most recently reported at $795K.
Interactive year-over-year charts and full filing details available with membership.