Nonprofit · EIN 81-5077906
MASTERPIECE INITIATIVE INC
Tax-exempt · MARIANNA, FL 32446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $190,364 | $255,305 | -$64,941 | $3,295,949 | $269,555 | $3,026,394 |
| December 31, 2023 | 990 (amended) | $113,881 | $209,335 | -$95,454 | $3,435,365 | $344,030 | $3,091,335 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $87,500
- Program service revenue
- $77,660
- Investment income
- $5
- Other revenue
- $25,199
Expenses
- Grants and similar amounts paid
- $50,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,395
- Depreciation
- $187,073
- Program services (functional)
- $248,971
- Management and general (functional)
- $6,334
Balance sheet and other
- Total assets, start of year
- $3,435,365
- Total assets, end of year
- $3,295,949
- Total liabilities, end of year
- $269,555
- Net assets, end of year
- $3,026,394
- Land, buildings and equipment
- $2,930,756
- Net assets without donor restrictions
- $3,026,394
- Gross unrelated business income
- $25,199
- Gross receipts
- $190,364
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- FL
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 | From related orgs |
|---|---|---|---|---|
| WILLIAM BLOODWORTH | EXECUTIVE DI Trustee or director, Officer | – | $0 | $90,000 |
| CYNTHIA L BLOODWORTH | SECRETARY/TR Trustee or director, Officer | – | $0 | $60,000 |
| JOSHUA CARTER | ASSISTANT DI Trustee or director | – | $0 | $52,000 |
| DR DEBRA CHAMBERS | COUNSELOR DI Trustee or director | – | $0 | $0 |
| PAM JENKINS | CURRICULUM D Trustee or director | – | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA L BLOODWORTH | SECRETARY/TR Trustee or director, Officer | – | $0 |
| WILLIAM BLOODWORTH | EXECUTIVE DI Trustee or director, Officer | – | $0 |
| JOSHUA CARTER | ASSISTANT DI Trustee or director | – | $0 |
| PAM JENKINS | CURRICULUM D Trustee or director | – | $0 |
| JAY SANDERS | COUNSELOR DI Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 2650 LAKESHORE DR, MARIANNA, FL 32446-0103
- In care of
- % WILLIAM BLOODWORTH
- Mailing address (990-N for 2023)
- 2650 LAKESHORE DRIVE, MARIANNA FL 32446
- Principal officer (990 for 2024)
- WILLIAM BLOODWORTH, 2650 LAKESHORE DR, MARIANNA, FL 32446
- Principal officer (990-N for 2023)
- WILLIAM BLOODWORTH, 2650 LAKESHORE DR, MARIANNA FL 32446
- Signed the 990
- CYNTHIA L BLOODWORTH, SECRETARY/TREASURER
- Phone
- (770) 598-6897
- Website
- WWW.REALIFE.ORG
- Return prepared by
- WHALEY HAMMONDS PC
Mission
TO PROVIDE CHRISTIAN MINISTRY TO YOUTHS AND ADULTS THROUGH DAILY AND WEEKLY CAMPS.
Program accomplishments
- TO PROVIDE CHRISTIAN MINISTRY TO YOUTHS AND ADULTS THROUGH DAILY AND WEEKLY CAMPS.Expenses $61,898 · grants $50,000 · revenue $77,660
- HOSPITALITY MINISTRY - THE ORGANIZATION OFFERS FACILITIES FOR SUMMER CAMP PROGRAMS AND RETREATS FOR CHURCHES, FAMILIES AND CAMPERS.Expenses $187,073
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-N on file |
IRS record
- EIN
- 81-5077906
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X11)
- Assets (IRS master file)
- $3,295,949
- Income (IRS master file)
- $190,364
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $190,364 | $255,305 | $3,295,949 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-N for 2023 Officer: WILLIAM BLOODWORTH | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $113,881 | $209,335 | $3,435,365 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $173,734 | $638,862 | $3,614,993 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | $3,737,606 | $111,982 | $4,124,530 | 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 81-5077906).
Questions about MASTERPIECE INITIATIVE INC
- What is the EIN of MASTERPIECE INITIATIVE INC?
- The employer identification number (EIN) of MASTERPIECE INITIATIVE INC is 81-5077906.
- Is MASTERPIECE INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MASTERPIECE INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MASTERPIECE INITIATIVE 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 MASTERPIECE INITIATIVE 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 MASTERPIECE INITIATIVE 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 MASTERPIECE INITIATIVE INC?
- The 990 for the year ended December 31, 2024 names WILLIAM BLOODWORTH.
- Who are the officers and directors of MASTERPIECE INITIATIVE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MASTERPIECE INITIATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $190,364, expenses of $255,305 and total assets of $3,295,949 at year end.
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