Public Charity

MASTERPIECE INITIATIVE INC

MASTERPIECE INITIATIVE INC is a nonprofit organization categorized as Public Charity based in MARIANNA, FL. Its most recent IRS filing (2024) reports revenue of $190K, expenses of $255K, total assets of $3.3M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $72K.

EIN: 815077906 MARIANNA, FL Single Organization Support NTEE: X11 Latest filing: 2024
Total Revenue$190K
Total Expenses$255K
Total Assets$3.3M
Grant Records3
Funding Total$72K
Filing Years2021–2024

Mission

TO PROVIDE CHRISTIAN MINISTRY TO YOUTHS AND ADULTS THROUGH DAILY AND WEEKLY CAMPS.

Where $100 goes at Masterpiece Initiative Inc

How Masterpiece Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$87 Programs the work itself
$13 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 $87 for programs

$65
Hospitality ministry
75% of program spending
$22
To provide christian ministry to youths and adults through daily and weekly camps
25% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY/TR Cynthia L Bloodworth
COUNSELOR DI Dr Debra Chambers
ASSISTANT DI Joshua Carter
CURRICULUM D Pam Jenkins
EXECUTIVE DI William Bloodworth

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Development
$41,500 2 grants
Education
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $190K $255K $3.3M
2023 $114K $209K $3.4M
2022 $174K $639K $3.6M
2021 $3.7M $112K $4.1M

Between 2021 and 2024, reported annual revenue declined from $3.7M to $190K (-95%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

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