Cornerstone World Missions
EIN: 463436265 · Warwick, RI · NTEE: X21
| Metric | Value |
|---|---|
| Total Expenses | $98K |
| Net Assets | $3K |
Is Cornerstone World Missions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone World Missions
Cornerstone World Missions (EIN: 463436265) is a nonprofit organization based in Warwick, RI, classified under NTEE code X21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone World Missions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone World Missions is a small nonprofit that has been operating for 12 years.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $98K |
| Surplus / Deficit | +$3K |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | 2.8% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2021, Cornerstone World Missions reported a surplus of $3K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cornerstone World Missions 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 World Missions 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Cornerstone World Missions
Is Cornerstone World Missions a legitimate charity?
Cornerstone World Missions (EIN: 463436265) is a registered tax-exempt nonprofit based in Rhode Island. No red flags identified. Financial health grade: A.
How does Cornerstone World Missions spend its money?
Cornerstone World Missions reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cornerstone World Missions tax-deductible?
Cornerstone World Missions is registered as a tax-exempt nonprofit (EIN: 463436265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone World Missions located?
Cornerstone World Missions is headquartered in Warwick, Rhode Island and files with the IRS under EIN 463436265. It is classified under NTEE code X21.
Filing History
IRS 990 filing history for Cornerstone World Missions showing financial trends over 1 year of public records:
In its most recent filing year (2021), Cornerstone World Missions reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $101K | $98K | $3K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone World Missions:
Data Sources and Methodology
This transparency report for Cornerstone World Missions 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.