Logo for "MASTERKEY MINISTRIES OF GRAYSON COUNTY"

MASTERKEY MINISTRIES OF GRAYSON COUNTY

MASTERKEY MINISTRIES OF GRAYSON COUNTY

Sherman, TX, US
501(c)(3)
EIN
27-0956504
Logo for "MASTERKEY MINISTRIES OF GRAYSON COUNTY"

MASTERKEY MINISTRIES OF GRAYSON COUNTY

Sherman, TX, US
501(c)(3)
EIN
27-0956504

Overview

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Est.

2008

Fiscal Year Start

Jun 1

Organization Type

Grantseeker
AI Summary
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MASTERKEY MINISTRIES OF GRAYSON COUNTY is a nonprofit organization focused on strengthening families in Grayson County through various programs aimed at overcoming physical, educational, and spiritual obstacles. With an operating budget of $2.9 million and total revenue of $2.7 million for the filing year 2024, the organization provides essential services such as after-school programs, adult education, food assistance, and summer programs. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.masterkeyministries.org.

Mission Statement

STRENGTHENING FAMILIES BY HELPING THEM OVERCOME PHYSICAL, EDUCATIONAL, AND SPIRITUAL OBSTACLES TO SUCCESS THROUGH AFTER SCHOOL PROGRAMS, ADULT EDUCATION, FOOD ASSISTANCE, AND SUMMER PROGRAMS.
Revenues

$2.7M

Expenses

$2.9M

Net Income:
-$192.2K
Assets

$892.8K

Liabilities

$439.4K

Net Assets:
+$453.3K
Operating Budget

$2.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

9

Median grant size
$9.6K
Largest grant received
$25K
D
DR Clint Long
Board Member
J
Julie Rickey
Board Member
A
Asa Jesse
Board Member

Frequently Asked Questions

What is MASTERKEY MINISTRIES OF GRAYSON COUNTY’s budget?
In 2024, MASTERKEY MINISTRIES OF GRAYSON COUNTY reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does MASTERKEY MINISTRIES OF GRAYSON COUNTY support?
MASTERKEY MINISTRIES OF GRAYSON COUNTY supports work in Education, Adult education, Food banks, Justice rights, and Human services.
Where does MASTERKEY MINISTRIES OF GRAYSON COUNTY operate?
MASTERKEY MINISTRIES OF GRAYSON COUNTY is headquartered in Sherman, TX.
Who funded MASTERKEY MINISTRIES OF GRAYSON COUNTY recently?
In 2025, MASTERKEY MINISTRIES OF GRAYSON COUNTY received grants from CLARA B & W AUBREY SMITH CHARITABLE, ELIAS & HANNA REGENSBURGER FOUNDATION, and CLARA B & W AUBREY SMITH CHARITABLE. More information on this organization’s funders is available to registered users.
What is the largest grant MASTERKEY MINISTRIES OF GRAYSON COUNTY received in 2024?
The largest grant to MASTERKEY MINISTRIES OF GRAYSON COUNTY in 2024 exceeds $25 thousand.
What is MASTERKEY MINISTRIES OF GRAYSON COUNTY’s reliance on government grants?
MASTERKEY MINISTRIES OF GRAYSON COUNTY relied on government grants for less than 5% of their total revenue in 2024.
Overview
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