Overview

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Fiscal Year Start

Apr 1

Organization Type

Grantseeker

AI Summary

Cornerstone Ministries is a nonprofit organization focused on Christianity and food assistance, dedicated to propagating the Gospel of the Lord Jesus Christ through various initiatives. Its mission encompasses financing missions, establishing churches, and providing essential services such as food, water, healthcare, and education materials to those in need, both domestically and in third-world countries. With an operating budget of $7.5K and total revenue of $506 reported in 2021, the organization appears to rely on a significant, unidentified funding source that constitutes over 50% of its revenue.

Mission Statement

TO PROPAGATE THE GOSPEL OF THE LORD JESUS CHRIST BY SPREADING THE WORD OF GOD, FINANCING MISSIONS, ESTABLISHING CHURCHES, ASSISTING WIDOWS AND ORPHANS, BUILDING HOMES DOMESTICALLY AND IN THIRD WORLD COUNTRIES, PROVIDING FOOD, WATER, HEALTH CARE AND EDUCATION MATERIALS TO THOSE IN NEED, AND ESTABLISHING PARTNERSHIPS WITH CHURCHES AND OTHER INSTITUTIONS WITH A SIMILAR MISSION.
Revenues
$506
Expenses
$7.5K
Net Income:
-$7K
Assets
$61.5K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$7.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$30K
Largest grant received
$30K
D
Derek Howe
Executive
K
Kelli Howe
Board Member
R
Roger Howe
Board Member

Frequently Asked Questions

What is CORNERSTONE MINISTRIES’s budget?
In 2021, CORNERSTONE MINISTRIES reported an annual operating budget of around $7,530. More detailed financial information is available to registered users.
What causes does CORNERSTONE MINISTRIES support?
CORNERSTONE MINISTRIES supports work in Christianity and Food banks.
Where does CORNERSTONE MINISTRIES operate?
CORNERSTONE MINISTRIES is headquartered in SAN DIEGO, CA.
Who funded CORNERSTONE MINISTRIES recently?
In 2023, CORNERSTONE MINISTRIES received grants from THE OPEN DOOR FOUNDATION INC, THE OPEN DOOR FOUNDATION INC, and THE OPEN DOOR FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CORNERSTONE MINISTRIES received in 2023?
The largest grant to CORNERSTONE MINISTRIES in 2023 exceeds $30 thousand.