Masters Touch in Decatur, Illinois (IL)
Table of contents:
| Masters Touch | |
| Employer Identification Number (EIN) | 342057323 |
| Name of Organization | Masters Touch |
| In Care of Name | Wilbur Felton |
| Address | 1130 N Main St, Decatur, IL 62521-1032 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $4,918 |
| Amount of Income | $116,529 |
| Form 990 Revenue Amount | $111,583 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Voluntarism, and Grantmaking Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $150,249 | $132,979 | $111,583 |
| Contributions, gifts, grants, and similar amounts received | $137,963 | $126,459 | $109,111 |
| 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 | $12,286 | $6,520 | $2,472 |
| Gross sales of inventory, less returns and allowances | $36,858 | $19,561 | $7,418 |
| Less: cost of goods sold | $24,572 | $13,041 | $4,946 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $149,886 | $136,526 | $109,995 |
| Total net assets | $5,792 | $2,245 | $3,833 |
| Excess/Deficit for the year | $363 | $-3,547 | $1,588 |
| Net assets or fund balances at beginning of year | $5,429 | $5,792 | $2,245 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $2,245 | $3,833 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $13,688 | $8,845 | $4,918 |
| Total liabilities | $7,896 | $6,600 | $1,085 |
| Net assets or fund balances | $5,792 | $2,245 | $3,833 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $627,103 |
| Subtotal Support | $627,103 |
| Gifts, grants, contributions, and membership fees received | $627,103 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $627,103 |
| Public Support | $627,103 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $139,588 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Massac County Soccer Boosters Association | Po Box 211, Metropolis, IL 62960 | IL | 2010-03 | $0 |
| 2 | Massac County United Way | PO BOX 735, Metropolis, IL 62960-0735 | IL | 1973-12 | $64,050 |
| 3 | Massac County Youth Fair And Community Center Inc | PO BOX 882, Metropolis, IL 62960-0882 | IL | 1985-09 | $126,328 |
| 4 | Massage Therapy Foundation Inc | 500 Davis St Ste 950, Evanston, IL 60201-4668 | IL | 1991-10 | $833,746 |
| 5 | Massarelli Charitable Foundatio | 920 S Milwaukee Ave, Libertyville, IL 60048-3229 | IL | 2006-05 | $224,789 |
| 6 | Master Educational Assistance Foundation | 747 S Euclid Ave, Oak Park, IL 60304-1243 | IL | 1988-02 | $56,055 |
| 7 | Master Life Mission | 23855 W Long Grove Rd, Deer Park, IL 60010 | IL | 1993-03 | $0 |
| 8 | Masterflight Foundation | 6000 Il Route 173, Richmond, IL 60071-9486 | IL | 2007-06 | $23,316,473 |
| 9 | Masters Academy | PO BOX 37845, Chicago, IL 60637 | IL | 2006-09 | $175,166 |
| 10 | Masters Fund Inc | 695 Brierhill Rd, Deerfield, IL 60015-4405 | IL | 1987-02 | $26,666 |
| 11 | Masters Touch | 1130 N Main St, Decatur, IL 62521-1032 | IL | 2006-04 | $116,529 |
| 12 | Masterworks Chorale Inc | PO BOX 8374, Belleville, IL 62222-8374 | IL | 1983-12 | $95,432 |
| 13 | Masti Group Charitable Organization | 1600 Blackhawk Trl, Wheeling, IL 60090-5107 | IL | 2008-10 | $3,551 |
| 14 | Mateos Kids Inc | 2n539 Ancient Oaks Dr, West Chicago, IL 60185-1703 | IL | 2006-12 | $30,457 |
| 15 | Mater Dei Foundation Inc | PO BOX 280, Carlyle, IL 62231-0280 | IL | 1990-02 | $173,641 |
| 16 | Material Service Foundation | 2235 Enterprise Dr Ste 3504, Westchester, IL 60154-5806 | IL | 1962-11 | $3 |
| 17 | Maternity Bvm Credit Union | PO BOX 56, Bourbonnais, IL 60914-0056 | IL | 1957-05 | $275,461 |
| 18 | Math Kangaroo In Usa Nfp | 2128 Tellis Ln, Lisle, IL 60532-2860 | IL | 2004-03 | $392,742 |
| 19 | Mather Health Care Inc | 1603 Orrington Avenue, Evanston, IL 60201-3841 | IL | 1992-07 | $10,096,301 |
| 20 | Mather High School Alumni Scholarship Fund | 14 North Peoria Unit 4h, Chicago, IL 60607 | IL | 2001-02 | $20,460 |
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