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Marketplace Ministries Foundation

  • Plano, TX
  • Tax-exempt since May 1998
  • EIN: 75-2749629

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Unknown (T00Z) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$268k (2023)

Expenses
$429k (2023)

Total Assets
$10.5M (2023)

Total Liabilities
$2.34M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$268,490
Expenses
$429,488
Net Income
-$160,998
Net Assets
$8,185,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $103,083
38.4%
Program Services $0
Investment Income $294,945
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$129,538
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,522,697
Total Liabilities $2,337,457
Net Assets $8,185,240
Compensation
Key Employees and Officers Compensation Related Other
Ann Ashley (Secretary) $0 $0 $0
Dan Turner (Treasurer & Fac Chairman) $0 $0 $0
Robin Lewis (Chairman) $0 $0 $0
Benton Hyatt (Director) $0 $0 $0
Campbell Williams (Director) $0 $0 $0
Chris Carr (Director) $0 $0 $0
Phil Swatzell (Director) $0 $0 $0
Jason Brown (President/Ceo) $0 $285,404 $48,797
Timothy Boobar (Cfo) $0 $211,605 $21,573
+ View more people

Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,666
Expenses
$1,019,187
Net Income
-$1,004,521
Net Assets
$7,363,627
Notable Sources of Revenue Percent of Total Revenue
Contributions $95,750
> 100%
Program Services $0
Investment Income $303,055
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$388,575
Net Inventory Sales $0
Other Revenue $4,436
30.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,039,697
Total Liabilities $2,676,070
Net Assets $7,363,627
Compensation
Key Employees and Officers Compensation Related Other
Jason Brown (Mmi President & Ceo) $0 $221,467 $37,571
Timothy Boobar (Cfo Start: 5/22) $0 $133,032 $11,551
Larry King (Cfo End: 5/22) $0 $96,827 $3,018
Dick De Witt (Mmi President/Ceo, End: 03/22) $0 $24,057 $5,446
Mark Lovvorn (Chairman) $0 $0 $0
Ed Bonneau (Vice President) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Robin Lewis (Director) $0 $0 $0
Dan Turner (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,668,158
Expenses
$511,052
Net Income
$1,157,106
Net Assets
$9,759,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,620
3.9%
Program Services $0
Investment Income $202,413
12.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,400,125
83.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,873,944
Total Liabilities $2,114,252
Net Assets $9,759,692
Compensation
Key Employees and Officers Compensation Related Other
Dick De Witt (Mmi Pres & Ceo Start: 4/21) $0 $109,260 $52,955
Doug Fagerstrom (Exec. Pres./Ceo End: 4/21) $0 $70,992 $82,511
Larry King (Cfo) $0 $133,278 $20,112
Mark Lovvorn (Chairman) $0 $0 $0
Ed Bonneau (Vice President) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Robin Lewis (Director) $0 $0 $0
Dan Turner (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$238,302
Expenses
$578,677
Net Income
-$340,375
Net Assets
$9,068,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,381
32.9%
Program Services $0
Investment Income $190,430
79.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$30,509
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $5,932
1.0%
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,137,020
Total Liabilities $2,068,780
Net Assets $9,068,240
Compensation
Key Employees and Officers Compensation Related Other
Doug Fagerstrom (President/Ceo) $0 $102,608 $122,350
Ed Bonneau (Vice President) $0 $0 $0
Mark Lovvorn (Chairman) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Robin Lewis (Director) $0 $0 $0
Larry King (Cfo) $0 $140,500 $9,879
+ View more people

Document Links

990
Filed on July 20, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$723,520
Expenses
$574,713
Net Income
$148,807
Net Assets
$8,931,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $104,181
14.4%
Program Services $0
Investment Income $318,775
44.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $300,564
41.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $5,691
1.0%
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,947,398
Total Liabilities $2,015,800
Net Assets $8,931,598
Compensation
Key Employees and Officers Compensation Related Other
Doug Fagerstrom (President/Ceo) $0 $103,408 $122,434
Ed Bonneau (Vice President) $0 $0 $0
Mark Lovvorn (Chairman) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Robin Lewis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 27, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$666,335
Expenses
$711,650
Net Income
-$45,315
Net Assets
$7,674,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,650
20.8%
Program Services $0
Investment Income $297,187
44.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $230,498
34.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,857,775
Total Liabilities $2,183,067
Net Assets $7,674,708
Compensation
Key Employees and Officers Compensation Related Other
Doug Fagerstrom (President/Ceo) $0 $93,828 $120,344
Ed Bonneau (Vice President) $0 $0 $0
Mark Lovvorn (Chairman) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Robin Lewis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 16, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,217,303
Expenses
$832,207
Net Income
$385,096
Net Assets
$9,228,206
Notable Sources of Revenue Percent of Total Revenue
Contributions $293,475
24.1%
Program Services $0
Investment Income $280,793
23.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $643,035
52.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,279,028
Total Liabilities $2,050,822
Net Assets $9,228,206
Compensation
Key Employees and Officers Compensation Related Other
Ed Bonneau (Vice President) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Mark Lovvorn (Director/Chairman) $0 $0 $0
Calvin Mc Kaig Md (Director (Part Year)) $0 $0 $0
Ray Pace (Director (Part Year)) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 6, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,028,887
Expenses
$653,637
Net Income
$375,250
Net Assets
$8,452,208
Notable Sources of Revenue Percent of Total Revenue
Contributions $568,278
55.2%
Program Services $0
Investment Income $276,883
26.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $183,726
17.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $262,436
40.2%
Professional Fundraising Fees $0
Other Salaries and Wages $136,315
20.9%
Assets/Debt
Total Assets $10,996,925
Total Liabilities $2,544,717
Net Assets $8,452,208
Compensation
Key Employees and Officers Compensation Related Other
Gilford Stricklin Sr (Chairman/Ceo) $54,080 $98,436 $138,584
Mark Lovvorn (Vice Chairman) $0 $0 $0
Ed Bonneau (Vice President) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Calvin Mc Kaig Md (Director) $0 $0 $0
Ray Pace (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 28, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$968,841
Expenses
$167,473
Net Income
$801,368
Net Assets
$7,135,394
Notable Sources of Revenue Percent of Total Revenue
Contributions $524,789
54.2%
Program Services $0
Investment Income $307,245
31.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $136,807
14.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,266,461
Total Liabilities $4,131,067
Net Assets $7,135,394
Compensation
Key Employees and Officers Compensation Related Other
Gilford Stricklin Sr (Chairman/Ceo) $0 $246,484 $142,291
Mark Lovvorn (Vice Chairman) $0 $0 $0
Ed Bonneau (Vice President) $0 $0 $0
Dan Farell (Treasurer) $0 $0 $0
Kyle Hearon (Secretary) $0 $0 $0
Calvin Mc Kaig Md (Director) $0 $0 $0
Ray Pace (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$647,839
Expenses
$162,991
Net Income
$484,848
Net Assets
$7,074,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $175,366
27.1%
Program Services $0
Investment Income $154,840
23.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $317,633
49.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,517,138
Total Liabilities $3,442,568
Net Assets $7,074,570
Compensation
Key Employees and Officers Compensation Related Other
William Thomas Iii (Chairman) $0 $0 $0
Gilford Stricklin Sr (President/Ceo) $0 $50,650 $326,042
Casey Gurganus (Director) $0 $0 $0
Tom Freet (Director) $0 $0 $0
Patrick Hamner (Director) $0 $0 $0
Kyle Hearon (Director) $0 $0 $0
Mark Lovvorn (Director) $0 $0 $0
Calvin Mc Kaig (Director) $0 $0 $0
Or Butch Smith (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$486,563
Expenses
$112,608
Net Income
$373,955
Net Assets
$6,569,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,183
14.2%
Program Services $0
Investment Income $147,335
30.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $270,045
55.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,573,688
Total Liabilities $4,076
Net Assets $6,569,612
Compensation
Key Employees and Officers Compensation Related Other
Will Thomas Iii (Chairman) $0 $0 $0
Gilford Stricklan Sr (President) $0 $32,477 $199,901
Fred Evans (Director) $0 $0 $0
Casey Gurganus (Director) $0 $0 $0
Tom Freet (Director) $0 $0 $0
Patrick Hamner (Director) $0 $0 $0
Kyle Hearon (Director) $0 $0 $0
Mark Lovvorn (Director) $0 $0 $0
Calvin Mc Kaig (Director) $0 $0 $0
Or Butch Smith (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 11, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$486,287
Expenses
$94,372
Net Income
$391,915
Net Assets
$6,004,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $269,291
55.4%
Program Services $0
Investment Income $143,509
29.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $73,487
15.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,004,146
Total Liabilities $0
Net Assets $6,004,146

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$481,215
Expenses
$155,055
Net Income
$326,160
Net Assets
$5,329,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,510
37.5%
Program Services $0
Investment Income $166,103
34.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $134,602
28.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,810
21.8%
Assets/Debt
Total Assets $5,363,424
Total Liabilities $33,826
Net Assets $5,329,598

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated