Cornerstone Christian Ministries
EIN: 474066474 · Post Falls, ID · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $844K |
| Total Expenses | $957K |
| Net Assets | $286K |
Is Cornerstone Christian Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Christian Ministries
Cornerstone Christian Ministries (EIN: 474066474) is a nonprofit organization based in Post Falls, ID, classified under NTEE code B24. The organization reported total revenue of $844K and total assets of $309K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Christian Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Christian Ministries is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 23.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $984K |
| Total Expenses | $957K |
| Surplus / Deficit | +$27K |
| Total Assets | $404K |
| Total Liabilities | $118K |
| Net Assets | $286K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Cornerstone Christian Ministries reported a surplus of $27K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Cornerstone Christian Ministries's revenue has grown at a compound annual growth rate (CAGR) of 23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +8.1% | +1.0% |
| 2022 | +16.1% | +8.3% | +38.2% |
| 2021 | +11.3% | +10.9% | +14.8% |
| 2020 | +25.6% | +15.9% | +180.2% |
| 2019 | -9.6% | -7.5% | -18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cornerstone Christian Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cornerstone Christian Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about Cornerstone Christian Ministries
Is Cornerstone Christian Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Christian Ministries (EIN: 474066474) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cornerstone Christian Ministries spend its money?
Detailed spending breakdown data is not yet available for Cornerstone Christian Ministries. Check back for updated IRS 990 analysis.
Are donations to Cornerstone Christian Ministries tax-deductible?
Cornerstone Christian Ministries is registered as a tax-exempt nonprofit (EIN: 474066474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone Christian Ministries located?
Cornerstone Christian Ministries is headquartered in Post Falls, Idaho and files with the IRS under EIN 474066474. It is classified under NTEE code B24.
How many years of IRS 990 filings does Cornerstone Christian Ministries have?
Cornerstone Christian Ministries has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $844K in total revenue.
Filing History
IRS 990 filing history for Cornerstone Christian Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Cornerstone Christian Ministries's revenue has grown by 424.3%, moving from $188K to $984K. Total assets increased by 492.2% over the same period, from $68K to $404K. Total functional expenses rose by 648.8%, from $128K to $957K. In its most recent filing year (2023), Cornerstone Christian Ministries reported a surplus of $27K, with revenue exceeding expenses. The organization holds $118K in liabilities against $404K in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $286K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $984K | $957K | $404K | $118K | — | View 990 |
| 2022 | $995K | $885K | $400K | $141K | — | View 990 |
| 2021 | $857K | $817K | $289K | $138K | — | — |
| 2020 | $770K | $736K | $252K | $138K | — | View 990 |
| 2019 | $613K | $636K | $90K | $7K | — | View 990 |
| 2018 | $678K | $687K | $110K | $-820 | — | View 990 |
| 2017 | $642K | $612K | $115K | $9K | — | View 990 |
| 2016 | $600K | $583K | $84K | $7K | — | View 990 |
| 2015 | $188K | $128K | $68K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $984K, expenses of $957K, and assets of $404K (revenue -1.1% year-over-year).
- 2022: Revenue of $995K, expenses of $885K, and assets of $400K (revenue +16.1% year-over-year).
- 2021: Revenue of $857K, expenses of $817K, and assets of $289K (revenue +11.3% year-over-year).
- 2020: Revenue of $770K, expenses of $736K, and assets of $252K (revenue +25.6% year-over-year).
- 2019: Revenue of $613K, expenses of $636K, and assets of $90K (revenue -9.6% year-over-year).
- 2018: Revenue of $678K, expenses of $687K, and assets of $110K (revenue +5.6% year-over-year).
- 2017: Revenue of $642K, expenses of $612K, and assets of $115K (revenue +7.1% year-over-year).
- 2016: Revenue of $600K, expenses of $583K, and assets of $84K (revenue +219.7% year-over-year).
- 2015: Revenue of $188K, expenses of $128K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Christian Ministries:
Data Sources and Methodology
This transparency report for Cornerstone Christian Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.