Overview
What is Cornerstone Outreach Ministries Inc?
Cornerstone Outreach Ministries Inc is a nonprofit organization committed to providing faith-based childcare services. They cater to children between the ages of 1 and 12, offering full-time care, after-school programs, and summer activities for school-age children. Their mission is centered around utilizing a curriculum to deliver high-quality childcare, aiming to contribute positively to the children's development.
Official website here: www.cornerstonekidzaz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Cornerstone Outreach Ministries Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and finance practices. With a score of 58%, the organization falls short in several key areas, including having no independent board members and missing financial statements, which are critical for transparency. While the organization does have a conflict of interest policy and maintains documentation of board meeting minutes, the absence of a whistleblower policy and other governance measures raises questions about its operational integrity.
Despite these shortcomings, Cornerstone Outreach demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 78.37%. This suggests that a substantial portion of its resources is directed towards fulfilling its mission rather than administrative costs. Furthermore, the organization maintains a favorable liabilities to assets ratio of 0.26%, indicating a manageable level of debt relative to its assets.
Overall, while Cornerstone Outreach Ministries Inc shows promise in its programmatic focus, the lack of independent oversight and transparency in financial reporting are significant limitations that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Outreach Ministries Inc legitimate?
Cornerstone Outreach Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Outreach 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: $44,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $498,810
For more financial information, click here
Official website here: www.cornerstonekidzaz.org
What is the mission statement of Cornerstone Outreach Ministries Inc?
Cornerstone Outreach Ministries Inc, a faith-based organization, is dedicated to providing childcare services. Their mission is to offer curriculum-based care for children between the ages of 1 and 12. This includes full-time childcare, as well as after-school and summer care for school-aged children. The primary goal of Cornerstone Outreach Ministries Inc is to deliver these services with a faith-based approach, aiming to contribute positively to the overall development of the children in their care.
Official website here: www.cornerstonekidzaz.org
Who is the CEO of Cornerstone Outreach Ministries Inc?
Jason Brown is the Ceo of Cornerstone Outreach Ministries Inc. The CEO's salary of Cornerstone Outreach Ministries Inc is $10,797 and their total compensation is $87,212.
Official website here: www.cornerstonekidzaz.org
What is the revenue of Cornerstone Outreach Ministries Inc?
Cornerstone Outreach Ministries Inc's revenue in 2022 was $935,632.
Official website here: www.cornerstonekidzaz.org
Who are the executives of Cornerstone Outreach Ministries Inc and what are their salaries?
The average compensation at Cornerstone Outreach Ministries Inc during 2022 was $16,970. There are 32 employees and 4 volunteers at Cornerstone Outreach Ministries Inc.
Here are 7 key members and their salaries (Cornerstone Outreach Ministries Inc's CEO's salary is $10,797 and their total compensation is $87,212):
- Compensation: $10,797
- Related: $76,415
- Other: $0
- Compensation: $0
- Related: $37,040
- Other: $0
- Compensation: $33,423
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cornerstonekidzaz.org
Where can I find the form 990 for Cornerstone Outreach Ministries Inc?
Cornerstone Outreach Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstonekidzaz.org
Learn more at the official website: www.cornerstonekidzaz.org
Mission Statement of Cornerstone Outreach Ministries Inc
Cornerstone Outreach Ministries Inc, a faith-based organization, is committed to providing comprehensive childcare services. Their mission is to offer curriculum-based care for children aged between 1 and 12. This includes full-time childcare, as well as after-school and summer care for school-age children. The organization aims to instill faith values while ensuring the children receive a well-rounded educational experience.
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Impact
July, 2024
Cornerstone Outreach Ministries Inc's impact is evident through their provision of faith-based childcare and preschool services, including after school and summer care for school age children in AVONDALE, AZ. Their mission to offer fulltime childcare services reflects their commitment to supporting families by providing a nurturing and educational environment for children aged 1-12. This organization's dedicated efforts in combining faith-based values with curriculum-based learning contribute positively to the community by promoting holistic child development.
This information is meant to be a general summary of Cornerstone Outreach 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.
- Program Service Revenue: $680,889
- Gross Receipts: $935,632
Assets and Liabilities:
- Total Assets: $454,368
- Total Liabilities: $1,358
- Net Assets: $453,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Summer Activities
Revenue
$5,230
Registration and Curriculum fees
Revenue
$11,604
Tuition Charges
Revenue
$658,115
Donation Income
Revenue
$5,000
Misc Income
Revenue
$940
Organization Details
Founding Year
2015
Phone
(623) 877-3220Principal Officer
Jason Brown
Main Address
11301 W Indian School Rd, Avondale, AZ, 85392
Website
www.cornerstonekidzaz.orgNTEE Category
Code: X20 - Religion related
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