CORNERSTONE MINISTRIES INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CORNERSTONE MINISTRIES INC (EIN 41-2053259)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202403209349320755
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:31:14-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 842688543 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | K EVANS & ASSOCIATES PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4433 PUNJAB WAY STE 102 | AddressLine1Txt |
| City | FRISCO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 750336745 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412053259 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE MINISTRIES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 4694241887 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3933 COUNTY RD 317 | AddressLine1Txt |
| City | MCKINNEY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75069 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CYNTHIA HEATON | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4694241887 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIRK EVANS CPA | PreparerPersonNm |
| PTIN | P01469471 | PTIN |
| Phone | 9723359754 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE RANCH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIRT RUBY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3933 COUNTY RD 317 | AddressLine1Txt |
| City | MCKINNEY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,387,098 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CORNERSTONE-RANCH.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Activity Or Mission | CORNERSTONE MINISTRIES PROVIDES A HOME WHERE ADULTS WITH SPECIAL NEEDS CAN EXPERIENCE ABUNDANT LIFE. BUILT ON CHRISTIAN VALUES, ITS FAMILY-CENTRIC ENVIRONMENT CREATES A SAFE PLACE WHERE INDEPENDENCE THRIVES, CHARACTER GROWS, AND CONFIDENCE IS NURTURED. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 27 | TotalEmployeeCnt |
| Total Volunteers | 500 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,778,185 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,921,407 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $386,691 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $411,342 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,801 | PYInvestmentIncomeAmt |
| CY Investment Income | $54,349 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$170,393 | PYOtherRevenueAmt |
| CY Other Revenue | -$162,641 | CYOtherRevenueAmt |
| PY Total Revenue | $2,008,284 | PYTotalRevenueAmt |
| CY Total Revenue | $15,224,457 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $334,506 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,798,796 | PYOtherExpensesAmt |
| CY Other Expenses | $2,274,696 | CYOtherExpensesAmt |
| PY Total Expenses | $1,798,796 | PYTotalExpensesAmt |
| CY Total Expenses | $2,274,696 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $209,488 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,949,761 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,934,877 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,894,962 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,214,643 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,224,967 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,720,234 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,669,995 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CORNERSTONE MINISTRIES PROVIDES A HOME WHERE ADULTS WITH SPECIAL NEEDS CAN EXPERIENCE ABUNDANT LIFE. BUILT ON CHRISTIAN VALUES, ITS FAMILY-CENTRIC ENVIRONMENT CREATES A SAFE PLACE WHERE INDEPENDENCE THRIVES, CHARACTER GROWS, AND CONFIDENCE IS NURTURED. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,495,708 | ExpenseAmt |
| Desc | CORNERSTONE MINISTRIES PROVIDES A COMMUNITY FOR ADULTS WITH SPECIAL NEEDS INCLUDING THE DEVELOPMENTALLY DELAYED AND ADULTS WITH MILD TO MODERATE MENTAL DISABILITIES. COMPLETE RESIDENT CARE IS PROVIDED, AND THE MINISTRIES OFFER RESIDENTIAL PROGRAMS AND DAY PROGRAMS. PARTICIPANTS CAN JOIN IN VARIOUS ACTIVITIES AND CLASSES. ADULTS WITH SPECIAL NEEDS ARE UNIQUELY EQUIPPED TO IMPACT THE LOCAL COMMUNITY THROUGH SERVICE AND ENTERPRISE. | Desc |
| Total Program Service Expenses | $1,495,708 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 27 | EmployeeCnt |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE MINISTRIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4693232445 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3393 COUNTY RD 317 | AddressLine1Txt |
| City | MCKINNEY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75069 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| KIRT RUBY | ||||||
| BOARD CHAIRM | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICKY REEVES | ||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MENDY TAPP | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CYNTHIA HEATON | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID HEATON | ||||||
| EXEC DIR OF | 40.00 | Yes (X) | $38,893 | $0 | $0 | Yes (X) |
| STEVE FISCHER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIMMY LAFERNEY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLIE PHILIPS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MORGAN TAYLOR | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GERRY TAYLOR | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE BARBER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBIN VESTAL | ||||||
| DEVELOPMENT | 40.00 | $16,777 | $0 | $0 | Yes (X) | |
| TERRY ECK | ||||||
| DIRECTOR | 40.00 | $72,913 | $0 | $0 | Yes (X) | |
| MORGAN RUSSELL | ||||||
| RESIDENTIAL | 40.00 | $64,316 | $0 | $0 | Yes (X) | |
| IAN HAY | ||||||
| FACILITIES M | 40.00 | $37,732 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $230,631 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Federated Campaigns | $13,319,528 | FederatedCampaignsAmt |
| Fundraising | $909,771 | FundraisingAmt |
| All Other Contributions | $692,108 | AllOtherContributionsAmt |
| Noncash Contributions | $66,102 | NoncashContributionsAmt |
| Total Contributions | $14,921,407 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM INCOME | Desc |
| Total Revenue Column | $411,342 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $411,342 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $411,342 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,349 | TotalRevenueColumnAmt |
| Exclusion | $54,349 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $909,771 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $162,641 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$162,641 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,224,457 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $411,342 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $54,349 | ExclusionAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,367 | TotalAmt |
| Management And General | $10,916 | ManagementAndGeneralAmt |
| Fundraising | $9,451 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,045 | TotalAmt |
| Management And General | $13,045 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,444 | TotalAmt |
| Program Services | $9,613 | ProgramServicesAmt |
| Management And General | $801 | ManagementAndGeneralAmt |
| Fundraising | $1,030 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,807 | TotalAmt |
| Program Services | $77,030 | ProgramServicesAmt |
| Management And General | $10,209 | ManagementAndGeneralAmt |
| Fundraising | $5,568 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,124 | TotalAmt |
| Program Services | $20,264 | ProgramServicesAmt |
| Management And General | $1,689 | ManagementAndGeneralAmt |
| Fundraising | $2,171 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,944 | TotalAmt |
| Management And General | $203,944 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,429 | TotalAmt |
| Program Services | $65,096 | ProgramServicesAmt |
| Management And General | $8,627 | ManagementAndGeneralAmt |
| Fundraising | $4,706 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,629 | TotalAmt |
| Program Services | $40,166 | ProgramServicesAmt |
| Management And General | $4,463 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PEO SERVICES | $1,384,286 | $1,148,957 | $152,271 | $83,058 |
| PROFESSIONAL FEES | $234,539 | $35,339 | $199,200 | |
| RESIDENTIAL PROGRAM COSTS | $81,824 | $81,824 | ||
| FUNDRAISING | $22,224 | $22,224 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,034 | TotalAmt |
| Program Services | $52,758 | ProgramServicesAmt |
| Management And General | $3,178 | ManagementAndGeneralAmt |
| Fundraising | $7,098 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,274,696 | TotalAmt |
| Program Services | $1,495,708 | ProgramServicesAmt |
| Management And General | $444,482 | ManagementAndGeneralAmt |
| Fundraising | $334,506 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,371,250 | BOYAmt |
| EOY | $1,290,728 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $12,333,978 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,460 | BOYAmt |
| EOY | $5,643 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,022 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,197,231 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $668,821 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,824,962 | BOYAmt |
| EOY | $6,528,410 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735,205 | BOYAmt |
| EOY | $1,733,181 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,934,877 | BOYAmt |
| EOY | $21,894,962 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,378 | BOYAmt |
| EOY | $100,370 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,056 | BOYAmt |
| EOY | $300,124 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,791,188 | BOYAmt |
| EOY | $4,791,188 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,021 | BOYAmt |
| EOY | $33,285 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,214,643 | BOYAmt |
| EOY | $5,224,967 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,978,813 | BOYAmt |
| EOY | $2,555,821 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $741,421 | BOYAmt |
| EOY | $14,114,174 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,720,234 | BOYAmt |
| EOY | $16,669,995 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,934,877 | BOYAmt |
| EOY | $21,894,962 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $12,949,761 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,076,090 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $889,980 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,649,223 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,778,185 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,921,407 | CurrentTaxYearAmt |
| Total | $20,314,885 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $278,835 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $226,525 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $291,488 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $386,691 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $411,342 | CurrentTaxYearAmt |
| Total | $1,594,881 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,354,925 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,116,505 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,940,711 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,164,876 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,332,749 | CurrentTaxYearAmt |
| Total | $21,909,766 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $376,529 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $415,153 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $323,180 | CurrentTaxYearMinus1YearAmt |
| Total | $1,342,037 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $376,529 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $415,153 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $323,180 | CurrentTaxYearMinus1YearAmt |
| Total | $1,342,037 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $20,567,729 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,406 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $853 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $54,349 | CurrentTaxYearAmt |
| Total | $85,509 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,406 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $853 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $54,349 | CurrentTaxYearAmt |
| Total | $85,509 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $101,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $141,620 | CurrentTaxYearMinus2YearsAmt |
| Total | $243,520 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,368,025 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,221,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,083,184 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,178,677 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,387,098 | CurrentTaxYearAmt |
| Total | $22,238,795 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.92490 | PublicSupportCY509Pct |
| Public Support PY509 | 0.74090 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, LINE 12 | FormAndLineReferenceDesc |
| Explanation | 243,520 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,392,936 | OtherCostOrOtherBasisAmt |
| Book Value | $5,392,936 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,550,269 | OtherCostOrOtherBasisAmt |
| Depreciation | $668,821 | DepreciationAmt |
| Book Value | $881,448 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $254,026 | OtherCostOrOtherBasisAmt |
| Book Value | $254,026 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,528,410 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RESTRICTED CASH | $1,472,533 |
| CONSTRUCTION IN PROGRESS | $260,648 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,733,181 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED REVENUE | Desc |
| Amt | $33,285 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $33,285 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | VARIOUS EVENTS | Event1Nm |
| Gross Receipts Event1 | $909,771 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $909,771 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $162,641 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $909,771 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $909,771 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $162,641 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $162,641 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$162,641 | NetIncomeSummaryAmt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID CYNTHIA HEATON | PersonNm |
| Relationship With Org | FOUNDERS | RelationshipWithOrgTxt |
| Loan Purpose | OPERATIONS | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $273,453 | OriginalPrincipalAmt |
| Balance Due | $300,124 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $300,124 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 1 | $16,102 |
| Yes (X) | LOAN FORGIVEN | 1 | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | CORNERSTONE MINISTRIES PROVIDES A HOME WHERE ADULTS WITH SPECIAL NEEDS CAN EXPERIENCE ABUNDANT LIFE. BUILT ON CHRISTIAN VALUES, ITS FAMILY-CENTRIC ENVIRONMENT CREATES A SAFE PLACE WHERE INDEPENDENCE THRIVES, CHARACTER GROWS, AND CONFIDENCE IS NURTURED. |
| FORM 990, PAGE 6, PART VI, LINE 2 | DAVID HEATON CYNTHIA HEATON OFFICER OFFICER MARRIED |
| FORM 990, PAGE 6, PART VI, LINE 11B | 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | BOARD MEMBERS MUST DISCLOSE ANY CONFLICTS OF INTEREST AT BOARD MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
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