Masters Hands Incorporated in Wynne, Arkansas (AR)

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Masters Hands Incorporated
Employer Identification Number (EIN)710790557
Name of OrganizationMasters Hands Incorporated
AddressPO BOX 1001, Wynne, AR 72396-1001
SubsectionCharitable Organization
Ruling Date03/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$12,099
Amount of Income$125,229
Form 990 Revenue Amount$125,229
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Protestant


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Amount of income in 2014: $125,229 (it was $106,154 in 2013)
This organization: 

 $125,229
Other organizations performing similar types of work: 

 $66,638

Assets in 2014: $12,099 (it was $25,201 in 2013)
This organization: 

 $12,099
Other organizations performing similar types of work: 

 $23,949

Expenses in 2013: $150,808
Masters Hands Incorporated: 

 $150,808
Other organizations performing similar types of work: 

 $61,434

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 49.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$95,657$155,032$106,154
Contributions, gifts, grants, and similar amounts received$95,657$155,032$106,154
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$101,510$107,425$150,808
Total net assets$22,248$69,855$25,201
Excess/Deficit for the year$-5,853$47,607$-44,654
Net assets or fund balances at beginning of year$28,101$22,248$69,855
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$69,855$25,201
Balance Sheets
201120122013
Total assets$22,248$69,855$25,201
Total liabilities$0$0$0
Net assets or fund balances$22,248$69,855$25,201
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i)
Number of organizations supported0
Sum of amounts of support$0
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4Streams Ministries International1420 Lakeside Pkwy Ste 100, Flower Mound, TX 75028-4035TX1995-05$2,043,884
5Living Proof IncPO BOX 637, Bishop, CA 93515-0637CA1983-10$1,982,396
6P&r Schenck Associates In Evangelism Inc109 2nd St Ne, Washington, DC 20002-7303DC1983-05$1,909,030
7Generation Of Youth For Christ520 Ann St, East Lansing, MI 48823-4413MI2004-12$1,071,858
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9Progressive Baptist Church437 Cohen St, Marrero, LA 70072-1415LA2006-04$846,825
10Exago Ministries Inc1300 N Quail Ter, Rogers, AR 72756-1968AR2006-09$67,043
11Evangelistic International Ministries IncPO BOX 297, Magnolia, AR 71754-0297AR2002-08$2,358,517
12Every Nation Ministries IncPO BOX 94564, N Little Rock, AR 72190-4564AR2005-04$465,138
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16Echo Ministries IncPO BOX 180364, Fort Smith, AR 72918-0364AR2009-05$205,547
17Masters Hands IncorporatedPO BOX 1001, Wynne, AR 72396-1001AR2006-03$125,229
18Fj MinistriesPO BOX 10583, Fayetteville, AR 72703-0044AR2008-02$115,370
19Breaking Ground Ministries Inc8612 W Goose Creek Rd, Fayetteville, AR 72704-0394AR1996-12$106,908
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Number of organizations performing similar types of work
Alaska74
Alabama625
Arkansas373
Arizona576
California4,884
Colorado607
Connecticut339
District of Columbia130
Delaware158
Florida3,061
Georgia1,827
Hawaii133
Iowa192
Idaho77
Illinois1,408
Indiana772
Kansas221
Kentucky407
Louisiana800
Massachusetts489
Maryland1,103
Maine48
Michigan878
Minnesota368
Missouri732
Mississippi410
Montana92
North Carolina1,642
North Dakota33
Nebraska130
New Hampshire54
New Jersey958
New Mexico165
Nevada259
New York2,111
Ohio1,077
Oklahoma530
Oregon304
Pennsylvania1,088
Rhode Island73
South Carolina791
South Dakota50
Tennessee788
Texas3,956
Utah68
Virginia899
Vermont22
Washington486
Wisconsin363
West Virginia135
Wyoming37
International73
Total36,876

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