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M516 Inc. is a private corporation based in ELK CITY, OK. The foundation received its IRS ruling in 2017. The principal officer is Kelli Masters. It holds total assets of $172K. Annual income is reported at $154K. Total assets have decreased from $302K in 2020 to $172K in 2024. The foundation is governed by 6 officers and trustees. Christ centered ministry designed to reach the corners of the earth with the redeeming message of the gospel to all people. Activities include revivals, youth events, and youth camps preaching and teaching the gospel. 27 events were held during 2023. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, M516 Inc. has made 3 grants totaling $3K, with a median grant of $1K. Annual giving has grown from $1K in 2020 to $2K in 2021. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Colorado and Oklahoma. Contributions to this foundation are tax-deductible.
Christ centered ministry designed to reach the corners of the earth with the redeeming message of the gospel to all people. Activities include revivals, youth events, and youth camps preaching and teaching the gospel. 24 events were held during 2021.
Expenses: $131K
Christ centered ministry designed to reach the corners of the earth with the redeeming message of the gospel to all people. Activities include revivals, youth events, and youth camps preaching and teaching the gospel. 27 events were held during 2023. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CO, OK.
M516 Inc. has distributed a total of $3K across 3 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.
M516 Inc. typically selects its grantees rather than accepting unsolicited proposals.
M516 Inc. is headquartered in ELK CITY, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ryan Young | President | $85K | $6K | $91K |
| Johnny Stockton | Secretary | $0 | $0 | N/A |
| Matt Henderson | Director | $0 | $0 | N/A |
| Ronda Mikles | Director | $0 | $0 | N/A |
| Wade Pruitt | Chairman | $0 | $0 | N/A |
| Pamela Muncrief | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$172K
Fair Market Value
N/A
Net Worth
$170K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$3K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
2
Most Common Grant
$1K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Julie MiddlebrookHELP WITH MEDICAL EXPENSES | Ignacio, CO | $1K | 2021 |
| Shanna KalickiHELP WITH MEDICAL EXPENSES OF MINISTER | Elk City, OK | $1K | 2020 |