Overview
What is Corner Of Love Ministries?
Corner Of Love Ministries is a nonprofit organization based in Kingwood, Texas. Their primary focus is to aid displaced and vulnerable individuals impacted by forced migration and poverty in Latin America. They achieve this mission by delivering essential healthcare services through medical, dental, and optical clinics. Their initiatives also include advocacy and support for those whose lives have been disrupted by hardships. The organization sources donated medical supplies and other essential items, such as clothing, medicine, and school supplies, from various sources in the United States. In 2022, Corner of Love collected and distributed $1,277,002 worth of donations, including a significant amount of dental treatments and supplies. The nonprofit's dedicated team of 10 employees successfully transported these supplies by land and air to support refugees and impoverished communities in Latin America.
Official website here: www.corneroflove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Corner Of Love Ministries has received a rating of 56% from Charity Navigator, indicating significant concerns in areas of accountability and financial management. While the organization has demonstrated a majority of independent board members, it lacks certain essential financial documentation and policies, negatively impacting its overall score. The presence of independent board members is a strong point, but the small board size raises questions about governance and oversight.
The organization performs well in terms of its program expense ratio, allocating an impressive 97.05% of its expenses directly to programs. However, it faces critical challenges regarding fundraising efficiency and financial transparency. The lack of financial statements and missing conflict of interest and whistleblower policies are particularly concerning, as these are key elements of effective organizational governance.
While the organization has shown a commitment to programmatic spending, its financial sustainability is called into question due to a high liabilities-to-assets ratio and low working capital. These factors suggest that Corner Of Love Ministries may need to improve its financial practices and transparency to bolster donor confidence and enhance its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Corner Of Love Ministries legitimate?
Corner Of Love Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corner Of Love Ministries 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: $135,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,169
For more financial information, click here
Official website here: www.corneroflove.org
What is the mission statement of Corner Of Love Ministries?
Corner of Love Ministries, in its mission, aims to assist displaced and impoverished individuals in Latin America who have been affected by forced migration and economic hardship. As advocates for these vulnerable populations, they provide on-site medical, dental, and optical clinics, engage in service projects, and offer advocacy and support. Their goal is to help these individuals regain control of their lives and thrive in difficult economic conditions and host countries, acting as servants of Christ with the intention of uplifting and empowering them.
Official website here: www.corneroflove.org
Who is the CEO of Corner Of Love Ministries?
Tanya Amador is the Director of Corner Of Love Ministries.
Official website here: www.corneroflove.org
What is the revenue of Corner Of Love Ministries?
Corner Of Love Ministries's revenue in 2022 was $2,015,365.
Official website here: www.corneroflove.org
Who are the executives of Corner Of Love Ministries and what are their salaries?
The average compensation at Corner Of Love Ministries during 2022 was $16,304. There are 10 employees and 8030 volunteers at Corner Of Love Ministries.
Here are 5 key members and their salaries:
- Compensation: $42,358
- Related: $0
- Other: $30,201
- Compensation: $33,116
- Related: $0
- Other: $30,201
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.corneroflove.org
Where can I find the form 990 for Corner Of Love Ministries?
Corner Of Love Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corneroflove.org
Learn more at the official website: www.corneroflove.org
Mission Statement of Corner Of Love Ministries
Corner of Love Ministries is a nonprofit organization dedicated to assisting displaced and vulnerable individuals in Latin America who have been affected by forced migration and poverty. As servants of Christ, this ministry aims to uplift and empower these individuals by providing them with the necessary healthcare services and resources to regain control of their lives and thrive in challenging economic conditions and host countries.
Through on-site medical, dental, and optical clinics, Corner of Love Ministries offers essential healthcare services to refugees and the impoverished. These clinics are instrumental in addressing their physical well-being, which is often compromised due to their displacement or poverty. In addition to healthcare services, the ministry also engages in service projects, advocating for and supporting those who have had their lives upended by forced migration, tragedy, and economic hardship.
The mission of Corner of Love Ministries is rooted in a deep desire to comfort and care for those in need. By providing these vital services, the organization seeks to empower the displaced and vulnerable in Latin America, allowing them to rebuild their lives and thrive in their new environments.
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Impact
October, 2024
Corner of Love Ministries has made a significant impact on the lives of displaced and vulnerable individuals in Latin America. By addressing the urgent needs of those affected by forced migration and poverty, the organization provides critical healthcare and supportive services that empower people to regain control over their lives and thrive despite challenging circumstances.
In 2022, Corner of Love facilitated the collection and distribution of over $1.27 million worth of medical and essential supplies, including dental treatments, medications, eyeglasses, and school supplies. The participation of international medical professionals, including dentists and doctors, reached pre-COVID levels, resulting in a robust schedule of clinics offering direct care to those in need. Donation drives organized across the United States mobilized community support, gathering essential items such as toiletries, vitamins, and clothing, which were then transported directly to those who required them.
Through on-site clinics and service projects, Corner of Love Ministries not only addresses immediate health concerns but also provides advocacy and support for individuals grappling with the fallout of economic hardship and personal tragedy. By embodying a mission of compassion and empowerment, the organization actively contributes to restoring dignity and hope to those facing immense challenges.
This information is meant to be a general summary of Corner Of Love Ministries. 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: $3
- Program Service Revenue: $163,656
- Gross Receipts: $2,017,103
Assets and Liabilities:
- Total Assets: $494,594
- Total Liabilities: $316,322
- Net Assets: $178,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRMissionOffering('22:$0)
Family Sponsorship
Revenue
$60
HCB Team Support
Revenue
$156,596
Relief in Costa Rica
Revenue
$7,000
Organization Details
Founding Year
2007
Phone
(425) 432-0433Principal Officer
Tanya Amador
Main Address
PO Box 5997, Kingwood, TX, 77325
Website
www.corneroflove.orgNTEE Category
Code: Q33 - International
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