Masters Craft Foundation Inc
- Assets
- $1.1m
- Revenue
- $218.1k
- Investments
- $941.9k
- Employees
- 0
- Location
- West Plains, MO
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-2068416
Organization Overview
Masters Craft Foundation Inc is located in West Plains, MO. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masters Craft Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Masters Craft Foundation Inc generated $218.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $105.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Masters Craft Foundation Inc has awarded 28 individual grants totaling $737,190. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde Elbrecht Directorpresident | 0 | $0 | |
Patricia Elbrecht Directorsecretary | 0 | $0 | |
Rachel Cobb Director | 0 | $0 | |
Nathanael Elbrecht Director | 0 | $0 | |
Martha Dennison Director | 0 | $0 | |
Daniel Elbrecht Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,700 |
| Interest on Savings | $27 |
| Dividends & Interest | $20,822 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,561 |
| Capital Gain Net Income | $16,561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,521 |
| Printing and publications | $0 |
| Other expenses | $10,700 |
| Total operating and administrative expenses | $15,202 |
| Contributions, gifts, grants paid | $90,176 |
| Total expenses and disbursements | $105,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,625 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,114,526 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Masters Craft Foundation Inc has awarded $90,176 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS CRUSADE FOR CHRIST INTERNATI PURPOSE: LAUNCHING SPIRITUAL MOVEMENTS THROUGH CHRIST | $26,000 |
PARTNERS IN MISSION - USA PURPOSE: LIFE-LEARNING OPPORTUNITIES IN UGANDA AND AFRICA | $14,400 |
CAMPUS ALLIANCE PURPOSE: HIGH SCHOOL AND MIDDLE SCHOOL CHRISTIAN OUTREACH | $17,000 |
SAMARITANS PURSE PURPOSE: HELPING THOSE IN NEED AND PROCLAIMING THE GOSPEL | $10,000 |
UKRAIN MISSION PROJECT PURPOSE: HELPING THOSE IN NEED AND PROCLAIMING THE GOSPEL | $22,776 |