Nonprofit · EIN 74-2408656
MASTER PLAN MINISTRIES INC
Tax-exempt · DURANGO, CO 81302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $681,202 | $773,589 | -$92,387 | $3,311,974 | $8,606 | $3,303,368 |
| December 31, 2023 | 990 | $1,021,414 | $823,171 | $198,243 | $3,310,457 | $0 | $3,310,457 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $616,257
- Program service revenue
- $36,943
- Investment income
- $28,002
- Net gain from sales of assets
- -$54
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $103,854
- Other salaries and wages
- $372,103
- Salaries, compensation and benefits (total)
- $506,113
- Professional fundraising fees
- $0
- Legal fees
- $10
- Accounting fees
- $12,224
- Occupancy
- $10,374
- Travel
- $49,462
- Depreciation
- $42,924
- Program services (functional)
- $600,023
- Management and general (functional)
- $148,532
- Fundraising (functional)
- $25,034
Balance sheet and other
- Total assets, start of year
- $3,310,457
- Total assets, end of year
- $3,311,974
- Total liabilities, end of year
- $8,606
- Net assets, end of year
- $3,303,368
- Land, buildings and equipment
- $1,722,084
- Publicly traded securities
- $533,222
- Net assets without donor restrictions
- $1,331,284
- Net assets with donor restrictions
- $1,972,084
- Gross receipts
- $681,256
- Employees
- 17
- Volunteers
- 66
- Year formed
- 1985
- State of legal domicile
- CO
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 |
|---|---|---|---|
| Erich A Krokos | President & CEO Trustee or director, Officer | 40 | $75,541 |
| Russell J Akins | Former Presiden Trustee or director, Officer | 40 | $28,313 |
| Gordon Herrick | Chairman Trustee or director, Officer | 5 | $0 |
| Linda Akins | Treasurer Trustee or director, Officer | 25 | $0 |
| Jim Grizzard | Director Trustee or director | 1 | $0 |
| Melissa Taylor | Secretary Trustee or director, Officer | 1 | $0 |
| Jeffrey Rose | Director Trustee or director | 1 | $0 |
| Ron Erickson | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erich A Krokos | President & CEO Trustee or director, Officer | 40 | $85,620 |
| Russell J Akins | Former Presiden Trustee or director, Officer | 60 | $28,313 |
| Gordon Herrick | Chairman Trustee or director, Officer | 1 | $0 |
| Linda Akins | Treasurer Trustee or director, Officer | 30 | $0 |
| Jim Grizzard | Director Trustee or director | 1 | $0 |
| Melissa Taylor | Director Trustee or director | 1 | $0 |
| Jeff Rose | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1082, DURANGO, CO 81302-1082
- Principal officer (990 for 2024)
- Erich A Krokos, PO Box 1082, Durango, CO 813021082
- Signed the 990
- Erich A Krokos, President & CEO
- Phone
- (970) 259-5768
- Website
- MasterPlanMinistries.net
- Return prepared by
- Laura E Hokanson CPA CGMA MSc
Mission
To share the Gospel of Jesus Christ, teach Biblical Christianity (discipleship) and do leadership training with college students. Activities include weekly connect meetings, Bible studies, retreats, counseling and mission projects.
Program accomplishments
- Campus Ministry - In 2024, Master Plan Ministries was able to serve the Lord by serving 790 college students and other young adults at Colorado Mesa University in Grand Junction, Adams State University in Alamosa, and Fort Lewis College in Durango Colorado. The primary ways those students were served was by sharing the Gospel message with them, teaching them the Scriptures, praying with them and for them, leading them in worship of the triune God of the Bible, and training them to make an impact in the lives of others around the world for Jesus.Expenses $551,703 · revenue $14,973
- Lodge Ministry - In 2024 Master Plan Ministries served a total of 361 guests from 21 groups within our ministry and other Christian and non-Christian groups from around the country at Cascade Lodge. Hosting groups there serve the mission of promoting traditional family values, encouraging morals of youth, and exposing people to the claims of Christ.Expenses $25,736 · revenue $15,305
- Ranch Ministry - Master Plan Ministries served a total of 489 guests from among our staff and college students as well as other Christian groups from around the country and at our Great Commission Training and Retreat Center; Three Trails Ranch. 16 Retreats and events there directly serve the mission of preparing others to Reach and influence the world for Christ.Expenses $22,584 · revenue $6,665
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
- 74-2408656
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,311,974
- Income (IRS master file)
- $681,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $681,202 | $773,589 | $3,311,974 | XML |
| 990 | December 2023 | $1,021,414 | $823,171 | $3,310,457 | XML |
| 990 | December 2022 | $779,323 | $792,396 | $3,023,426 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 74-2408656).
Questions about MASTER PLAN MINISTRIES INC
- What is the EIN of MASTER PLAN MINISTRIES INC?
- The employer identification number (EIN) of MASTER PLAN MINISTRIES INC is 74-2408656.
- Is MASTER PLAN MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to MASTER PLAN MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASTER PLAN MINISTRIES 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 PLAN MINISTRIES 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 PLAN MINISTRIES 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 PLAN MINISTRIES INC?
- The 990 for the year ended December 31, 2024 names Erich A Krokos.
- Who are the officers and directors of MASTER PLAN MINISTRIES INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $75,541 (Erich A Krokos, President & CEO).
- How much revenue does MASTER PLAN MINISTRIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $681,202, expenses of $773,589 and total assets of $3,311,974 at year end.
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