Nonprofit · EIN 61-1262540
MASTER PROVISIONS INC
Tax-exempt · INDEPENDENCE, KY 41051
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,681,206 | $5,221,003 | $2,460,203 | $9,669,764 | $167,959 | $9,501,805 |
| December 31, 2023 | 990 | $10,110,171 | $5,581,467 | $4,528,704 | $7,254,101 | $212,202 | $7,041,899 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,226,902
- Program service revenue
- $0
- Investment income
- $538,186
- Net gain from sales of assets
- $376,767
- Net income from fundraising events
- -$92,540
- Other revenue
- -$83,882
Expenses
- Grants and similar amounts paid
- $84,412
- Compensation of officers, directors and key employees
- $90,700
- Other salaries and wages
- $442,484
- Salaries, compensation and benefits (total)
- $668,270
- Professional fundraising fees
- $0
- Legal fees
- $9,056
- Accounting fees
- $76,999
- Occupancy
- $134,607
- Travel
- $2,226
- Depreciation
- $110,560
- Program services (functional)
- $4,662,782
- Management and general (functional)
- $347,188
- Fundraising (functional)
- $211,033
Balance sheet and other
- Total assets, start of year
- $7,254,101
- Total assets, end of year
- $9,669,764
- Total liabilities, end of year
- $167,959
- Net assets, end of year
- $9,501,805
- Land, buildings and equipment
- $893,510
- Publicly traded securities
- $541,992
- Net assets without donor restrictions
- $3,264,143
- Net assets with donor restrictions
- $6,237,662
- Gross receipts
- $9,167,859
- Employees
- 19
- Volunteers
- 788
- Year formed
- 1994
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANE ARMSTRONG | PRESIDENT Officer | 40 | $65,700 | $25,000 |
| KYLE BRABENDER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIN LEADINGHAM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KRYSTLE ATKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM MCCARVILLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILLY SANTOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OLIVIA AMLUNG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER VORIES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIRAL PATEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEREMY YATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MONTY TAYLOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM RATERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK KAUFMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHANE ARMSTRONG | PRESIDENT Officer | 40 | $62,065 | $26,738 |
| KYLE BRABENDER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIN LEADINGHAM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KRYSTLE ATKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM MCCARVILLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILLY SANTOS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OLIVIA AMLUNG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER VORIES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIRAL PATEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEREMY YATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MONTY TAYLOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM RATERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK KAUFMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN TURNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10205 TOEBBEN DR, INDEPENDENCE, KY 41051-9615
- In care of
- % ROGER BABIK
- Principal officer (990 for 2024)
- SHANE ARMSTRONG, 7725 FOUNDATION DRIVE, FLORENCE, KY 41042
- Signed the 990
- SHANE ARMSTRONG, PRESIDENT
- Phone
- (859) 474-0467
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
MASTER PROVISIONS, INC SERVES GOD BY CONNECTING RESOURCES TO NEEDS WHILE UPLIFITING ONE SOUL AT A TIME FOR ALL GENERATIONS.
Program accomplishments
- MASTER PROVISIONS RECEIVES DONATED FOOD AND CLOTHING FROM LOCAL CHURCHES, BUSINESSES, AND INDIVIDUALS TO DISTRIBUTE TO THE LESS FORTUNATE.Expenses $4,541,382
- MASTER PROVISIONS PARTNERS WITH ORGANIZATIONS WORLD WIDE TO PROVIDE SUPPORT FOR LOCAL CHURCHES.Expenses $72,787 · grants $35,799
- MASTER PROVISIONS PROVIDES ORPHAN CARE IN UKRAINE AND SUB-SAHARAN AFRICA.Expenses $48,613 · grants $48,613
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1262540
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $9,669,764
- Income (IRS master file)
- $9,167,859
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,681,206 | $5,221,003 | $9,669,764 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $10,110,171 | $5,581,467 | $7,254,101 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $6,110,573 | $5,462,931 | $2,644,014 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about MASTER PROVISIONS INC
- What is the EIN of MASTER PROVISIONS INC?
- The employer identification number (EIN) of MASTER PROVISIONS INC is 61-1262540.
- Is MASTER PROVISIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to MASTER PROVISIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASTER PROVISIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MASTER PROVISIONS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASTER PROVISIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MASTER PROVISIONS INC?
- The 990 for the year ended December 31, 2024 names SHANE ARMSTRONG.
- Who are the officers and directors of MASTER PROVISIONS INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $65,700 (SHANE ARMSTRONG, PRESIDENT).
- How much revenue does MASTER PROVISIONS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,681,206, expenses of $5,221,003 and total assets of $9,669,764 at year end.
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