Masters Touch Ministries Global Inc in Winston Salem, North Carolina (NC)

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Masters Touch Ministries Global Inc
Employer Identification Number (EIN)141840443
Name of OrganizationMasters Touch Ministries Global Inc
In Care of NamePatricia D Bailey
Address615 Coliseum Dr, Winston Salem, NC 27106-5310
SubsectionReligious Organization
Ruling Date11/2003
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 Period12/2011
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,601,814
Amount of Income$558,533
Form 990 Revenue Amount$558,533
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Christian


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Amount of income in 2011: $558,533 (it was $770,290 in 2010)
Masters Touch Ministries Global Inc: 

 $558,533
Other organizations performing similar types of work: 

 $68,691

Assets in 2011: $1,601,814 (it was $1,629,149 in 2010)
Masters Touch Ministries Global Inc: 

 $1,601,814
Other organizations performing similar types of work: 

 $20,255

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$558,533
Contributions, Gifts, Grants and Other Similar Amounts$558,527
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$6
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$558,189
Compensation of current officers, directors, trustees, and key employees$71,350
Other salaries and wages$1,800
Payroll taxes$3,223
Professional fundraising services$0
Other$481,816
Balance Sheet (for 2011)
Total assets$1,601,814
Total liabilities$1,411,280
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$1,366,985
Unsecured notes and loans payable to unrelated third parties$0
Other$44,295
Total net assets or fund balances$190,534
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$3,032,376
Gifts, grants, contributions, and membership fees received$3,029,645
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,731
Gross receipts from related activities, etc.$107,771
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1Operation Compassion A Tennessee Non-Profit Corporation114 Stuart Rd Ne Ste 370 Suite 370, Cleveland, TN 37312-4803TN1998-03$205,616,421
2Billy Graham Evangelistic Association1 Billy Graham Pkwy, Charlotte, NC 28201-0001NC2006-11$178,085,188
3Christian Living Communities7000 E Belleview Ave Ste 150, Greenwood Vlg, CO 80111-1660CO1991-09$60,084,797
4Bible League3801 Eagle Nest Dr, Crete, IL 60417-1993IL1973-01$29,132,021
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6James C Blankemeyer Foundation Inc190 Bay Pointe Rd, Vonore, TN 37885-5383TN2005-09$5,188,522
7Servants Heart Inc, Servants Heart Ministry532 N Regional Rd Ste E, Greensboro, NC 27409-9057NC2002-12$1,028,667
8Echo Ministry, The ArkPO BOX 102, Elkin, NC 28621-0102NC1999-05$173,365
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13Clover Garden School Inc5029 Falls Ofneuse Road Suite 218, Raleigh, NC 27609-5498NC2006-01$3,437,408
14Masters MissionPO BOX 547, Robbinsville, NC 28771-0547NC1980-04$2,741,537
15Motor Racing Outreach5555 Concord Parkway South, Concord, NC 28027-4600NC1997-07$1,394,844
16New Jerusalem Baptist ChurchPO BOX 20832, Greensboro, NC 27420-0832NC2004-03$1,302,978
17Christ Our Sheperd Ministries226 W John St, Matthews, NC 28105-5366NC1998-05$1,237,136
18North Raleigh Ministries Inc9650 Strickland Rd Ste 161, Raleigh, NC 27615-1903NC2004-12$1,172,245
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Number of organizations performing similar types of work
Alaska107
Alabama708
Arkansas438
Arizona638
California5,306
Colorado847
Connecticut345
District of Columbia138
Delaware172
Florida3,638
Georgia2,117
Hawaii178
Iowa223
Idaho134
Illinois1,531
Indiana893
Kansas299
Kentucky467
Louisiana664
Massachusetts487
Maryland1,180
Maine74
Michigan1,020
Minnesota481
Missouri933
Mississippi452
Montana95
North Carolina1,703
North Dakota43
Nebraska128
New Hampshire81
New Jersey977
New Mexico245
Nevada291
New York1,951
Ohio1,251
Oklahoma743
Oregon429
Pennsylvania1,165
Rhode Island60
South Carolina747
South Dakota79
Tennessee1,021
Texas4,624
Utah139
Virginia1,021
Vermont35
Washington695
Wisconsin429
West Virginia143
Wyoming58
International64
Total41,687

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