Overview
What is Cornerstone International Inc?
Cornerstone International Inc is a nonprofit organization situated in Wilmore, Kentucky. Their primary mission is to foster reconciliation in the Middle East, both on a human and spiritual level. They achieve this by embracing local cultures and languages, engaging in or establishing for-profit businesses or non-profit organizations, and planting house churches. The organization's approach is rooted in prayer, worship, and a deep commitment to sharing the Gospel. With a team of 38 individuals, Cornerstone International Inc is dedicated to serving and loving Jesus Christ while striving to build bridges of understanding with their Middle Eastern counterparts.
Official website here: www.cornerstoneinternational.org
What are the reviews and ratings of this charity?
82% rating from Charity Navigator indicates that Cornerstone International Inc has a solid performance, earning a Three-Star out of Four Star rating. This rating reflects a strong focus on Accountability and Finance, which is a critical area for donor trust and transparency.
The organization excels in several areas, including having a fully independent board of directors and no material diversion of assets. Additionally, their program expense ratio is impressive at 86.52%, signifying that a significant portion of their resources is directed towards their programs rather than administrative costs. Their whistleblower policy and clear documentation practices further demonstrate a commitment to governance best practices.
Despite these strengths, the organization has a working capital ratio of 0.62 years, which could indicate potential cash flow challenges. Nonetheless, the overall accountability and financial management of Cornerstone International Inc appear robust, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone International Inc legitimate?
Cornerstone International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cornerstoneinternational.org
What is the mission statement of Cornerstone International Inc?
Cornerstone International Inc, as a mission organization, is driven by prayer and worship. Its primary mission is to motivate individuals to evangelize nations, demonstrating love and service towards Jesus Christ. The organization's activities are centered around fostering reconciliation, both on a human and spiritual level, in the Middle East. This is achieved through learning local languages and cultures, engaging in profitable ventures or non-profit organizations, and planting house churches. The ultimate goal is to establish lasting relationships, with the hope of jointly entering eternity with some of the individuals from the Middle East. The organization's approach encompasses sharing the gospel at every opportunity.
Official website here: www.cornerstoneinternational.org
Who is the CEO of Cornerstone International Inc?
Suzanne Jones is the Board Chair of Cornerstone International Inc.
Official website here: www.cornerstoneinternational.org
What is the revenue of Cornerstone International Inc?
Cornerstone International Inc's revenue in 2022 was $2,110,501.
Official website here: www.cornerstoneinternational.org
Who are the executives of Cornerstone International Inc and what are their salaries?
The average compensation at Cornerstone International Inc during 2022 was $2,739. There are 38 employees and 10 volunteers at Cornerstone International Inc.
Here are 10 key members and their salaries:
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- Compensation: $26,476
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Official website here: www.cornerstoneinternational.org
Where can I find the form 990 for Cornerstone International Inc?
Cornerstone International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstoneinternational.org
Learn more at the official website: www.cornerstoneinternational.org
Mission Statement of Cornerstone International Inc
Cornerstone International Inc, a mission-driven organization, is powered by prayer and worship. Its primary mission is to inspire and mobilize individuals to evangelize nations, demonstrating love and service towards Jesus Christ. This nonprofit organization has an initiative known as the Found in Freedom project, which aims to foster reconciliation on both a human and spiritual level in the Middle East. Their approach involves immersing themselves in the local culture and language, engaging in for-profit or non-profit ventures, and establishing house churches. The ultimate goal is to build lasting relationships with people in the Middle East, ultimately sharing the gospel with some of them, and hopefully walking into eternity alongside them.
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Impact
October, 2024
Cornerstone International Inc significantly impacts the Middle East through its efforts to foster reconciliation and build relationships grounded in love and service. Its Found in Freedom project is pivotal in creating bridges between cultures, aiming to achieve both human and spiritual reconciliation. By emphasizing a deep understanding of language and culture, Cornerstone facilitates meaningful connections that reflect the love and service of Jesus Christ.
The organization actively mobilizes individuals to evangelize and share the gospel, contributing to a vibrant community of faith in the region. Through initiatives such as planting house churches and engaging in for-profit and non-profit businesses, Cornerstone not only meets spiritual needs but also addresses practical challenges faced by communities. This comprehensive approach enhances the organization's ability to create sustainable relationships and promote a transformative message, ultimately nurturing hope and unity among diverse groups in the Middle East.
This information is meant to be a general summary of Cornerstone International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $39,116
- Gross Receipts: $2,110,501
Assets and Liabilities:
- Total Assets: $1,215,945
- Total Liabilities: $161,681
- Net Assets: $1,054,264
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Organization Details
Founding Year
1972
Phone
(800) 859-4578Principal Officer
Suzanne Jones
Main Address
PO Box 192, Wilmore, KY, 40390
NTEE Category
Code: X20 - Religion related
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