The Master's Academy International Inc
Nonprofit profile at a glance
- EIN
- 522367676
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023
- Location
- Sun Valley, CA, USA
- Phone
- 8189095570
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $7,668,243
- Expenses
- $8,206,898
- Assets
- $15,066,752
- Liabilities
- $948,744
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Master's Academy International, Inc. (TMAI) exists to glorify the Lord Jesus Christ in its ministry endeavors by serving and supporting strategically selected ministry training centers around the world which provide bible education and training.
What it reported doing in 2023
To serve and support selected ministry training centers around the world. Training national church leaders is a strategic fulfillment of Jesus Christ's great commission. TMAI's member training centers have trained over 7,000 church leaders for ministry in 19 countries, completed over 100 translations and publications of Christian books and original works in foreign languages, and held numerous conferences internationally for the further equipping of church leaders.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 74
- Accountability: 90
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.1%; rating input score 81
- Program expense ratio: 75%; rating input score 75
- Fundraising efficiency: $6.26 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Pass
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 99.9%; rating input score 100; 43rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 16% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 17% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 27% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 81.1% of revenue deployed · 75% of spending went to programs
- Governance: 5 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.2M in reported program spending
- Leadership: top reported pay $201K · 6 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $118K reported
- Consistency: 41 of 41 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 13 filing years from 2010 to 2023
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.