Mission
MasterKey Ministries of Grayson County, Inc. is dedicated to supporting families facing challenges related to poverty. Our three-pronged approach to poverty focuses on immediate food assistance, providing educational opportunities for both children and adults to address root causes of poverty, and promoting the love of Jesus as a guiding principle in our efforts.
Basic Information
Tax-Exempt
Founded in
2008
EIN
27-0956504
Total Assets
$1.096 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Getting Ahead Program
A sixteen-week course designed for individuals experiencing limited resources to understand poverty and build a better future.
Food Assistance Services
Providing wholesome food to families in need in North Texas.
Run For The Mission
An annual event to raise awareness and funds for our mission.
Impact Stats
1800 families
Number of families served
Food Distribution Growth
Quadrupled the number of households regularly served through food assistance.
Our Programs
Getting Ahead
A structured program that helps participants confront the root causes of poverty and provides tools and support for change.
Learn MoreMasterKey Food Assistance
Offers a variety of nutritious food options to families in need, aiming to alleviate hunger.
Learn MoreVolunteer Opportunities
Food Distribution Volunteer
Assist in food distribution during our Drive-Thru events on Fridays and Saturdays.
Getting Ahead Support Volunteer
Help provide meals and support during our Getting Ahead classes.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
58
50
/100
Program Expense Ratio
95.84%
20
/20
Program Revenue Growth
1.09%
10
/20
Leverage Ratio
0.4108
10
/20
Working Capital Ratio
0.2645
4
/20
Fundraising Efficiency
5.296
6
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 2.518M | 97.69% |
| Program Services | 59.4K | 2.30% |
| Investment Income | 56 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 2.577M | 100.00% |
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