Overview
What is Cornerstone Ministries Inc?
Cornerstone Ministries Inc is a nonprofit organization based in McKinney, Texas, dedicated to providing a supportive community for adults with special needs, including those who are developmentally delayed and have mild to moderate mental disabilities. They offer residential programs and day programs, where participants can engage in various activities and classes, fostering independence, character growth, and confidence. The organization prides itself on its family-centric environment, built on Christian values, providing a safe space where participants can thrive and grow. Cornerstone Ministries, doing business as Cornerstone Ranch, aims to empower adults with special needs to contribute to their local community through service and enterprise.
Official website here: www.cornerstone-ranch.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Cornerstone Ministries Inc has earned an 88% score from Charity Navigator, reflecting a solid performance in accountability and finance as well as a strong culture and community engagement. The organization demonstrates exemplary governance with 100% independent board members and a high degree of financial oversight. Their program expense ratio of 88.19% indicates that the majority of funds are directed towards their charitable activities, which is a positive sign for potential donors.
In terms of culture and community, the charity excels with a score of 95%, showcasing a strong commitment to stakeholder feedback and engagement. They have implemented effective practices for collecting and using feedback, along with well-defined equity strategies. These strengths suggest that Cornerstone Ministries Inc prioritizes transparency and community involvement, which can enhance trust among supporters and beneficiaries alike.
However, the organization has a liabilities to assets ratio of 58.36%, which may raise some concerns regarding financial stability. While this is not uncommon for nonprofits, it highlights the importance of continued financial vigilance. Overall, Cornerstone Ministries Inc appears to be a well-managed organization with a strong emphasis on accountability, although potential donors should consider the financial ratios when making contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cornerstone Ministries Inc?
100% of 13 reviewers on Facebook recommend Cornerstone Ministries Inc. Here is a summary of their reviews:
Reviewers express high praise for the organization, highlighting the dedication and compassion of the staff. Many emphasize the importance of support provided by the ministry, indicating that it plays a crucial role in the community. The positive sentiment reflects a strong sense of community involvement and appreciation for the services offered.
Overall, the overwhelmingly favorable feedback suggests that Cornerstone Ministries Inc is successfully fulfilling its mission to support individuals and families in need, and that people feel encouraged to engage with the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Cornerstone Ministries Inc legitimate?
Cornerstone Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cornerstone-ranch.com
What is the mission statement of Cornerstone Ministries Inc?
Cornerstone Ministries Inc's mission is centered around providing a nurturing environment for adults with special needs, where they can experience a fulfilling life. Grounded in Christian values, the organization creates a family-oriented atmosphere that fosters independence, personal growth, and confidence. Cornerstone Ministries offers comprehensive care, providing both residential and day programs. Participants engage in various activities and classes, with an aim to contribute positively to the local community through service and enterprise.
Official website here: www.cornerstone-ranch.com
Who is the CEO of Cornerstone Ministries Inc?
David Heaton is the Executive Di of Cornerstone Ministries Inc.
Official website here: www.cornerstone-ranch.com
What is the revenue of Cornerstone Ministries Inc?
Cornerstone Ministries Inc's revenue in 2022 was $2,008,284.
Official website here: www.cornerstone-ranch.com
Who are the executives of Cornerstone Ministries Inc and what are their salaries?
There 500 volunteers at Cornerstone Ministries Inc.
Here are 13 key members and their salaries:
- Compensation: $36,893
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- Compensation: $69,971
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- Compensation: $59,342
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- Compensation: $68,549
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- Other: $0
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Official website here: www.cornerstone-ranch.com
Where can I find the form 990 for Cornerstone Ministries Inc?
Cornerstone Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstone-ranch.com
Learn more at the official website: www.cornerstone-ranch.com
Mission Statement of Cornerstone Ministries Inc
Cornerstone Ministries Inc is a nonprofit organization that offers a nurturing environment for adults with special needs, built upon Christian values. Its family-centric approach creates a secure space where independence flourishes, character develops, and self-confidence is fostered.
The mission of Cornerstone Ministries Inc is to provide a community for adults with special needs, including the developmentally delayed and adults with mild to moderate mental disabilities. The organization offers residential and day programs, where participants can engage in various activities and classes. By providing complete resident care, Cornerstone Ministries Inc empowers its residents to impact their local community through service and enterprise.
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Impact
June, 2024
Cornerstone Ministries Inc provides a home where adults with special needs can experience abundant life. Their family-centric environment creates a safe place where independence thrives, character grows, and confidence is nurtured. Participants in their community, which includes adults with developmental delays and mild to moderate mental disabilities, receive complete resident care, residential programs, day programs, and access to various activities and classes. Through service and enterprise, these adults are uniquely equipped to impact the local community.
This information is meant to be a general summary of Cornerstone Ministries 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: $13,801
- Program Service Revenue: $386,691
- Gross Receipts: $2,178,677
Assets and Liabilities:
- Total Assets: $8,934,877
- Total Liabilities: $5,214,643
- Net Assets: $3,720,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$386,691
Organization Details
Founding Year
2002
Phone
(469) 424-1887Principal Officer
David Heaton
Main Address
3933 COUNTY RD 317, MCKINNEY, TX, 75069
Website
www.cornerstone-ranch.comNTEE Category
Code: F33 - Mental health
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