Overview
What is Cornerstone Outreach Center Of Amarillo Inc?
Cornerstone Outreach Center of Amarillo Inc is a nonprofit organization dedicated to supporting over 8,000 local families and the needy in Africa. The organization's mission, inspired by Isaiah 58: 6 & 7, involves providing essential resources such as groceries, clothing, and household items. Additionally, they offer counseling services. Their activities extend beyond their local community, reaching out to those in need in Africa. The center's mission is multifaceted, also including financial aid and ministry and missions efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (59%)
Cornerstone Outreach Center of Amarillo Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization's overall score of 59% reflects a lack of independent board members, which could raise questions about governance and oversight. It does, however, report no material diversion of assets, demonstrating some positive financial integrity.
The organization has a strong program expense ratio of 96.10%, which suggests that a large portion of its spending is allocated to its programs rather than administrative costs. Additionally, the center has established several important policies, including those for conflict of interest and whistleblower protections. However, the absence of a public website listed on its tax form may hinder transparency and accessibility to potential donors and the community.
Despite some positive financial aspects, the high liabilities to assets ratio of 99.89% indicates that the organization may be facing significant financial challenges. These issues, combined with the lack of independent governance and transparency, highlight areas where the organization needs improvement to build trust and credibility with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Outreach Center Of Amarillo Inc legitimate?
Cornerstone Outreach Center Of Amarillo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Outreach Center Of Amarillo 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
What is the mission statement of Cornerstone Outreach Center Of Amarillo Inc?
The Cornerstone Outreach Center of Amarillo Inc. has a mission inspired by Isaiah 58: 6 & 7, which involves providing essential aid to over 8,000 local families and those in need in Africa. Their services encompass supplying groceries, clothing, and household items, as well as offering counseling. The center's mission is carried out through programs that offer material assistance, including food, clothing, and financial aid, alongside religious and social support.
Who is the CEO of Cornerstone Outreach Center Of Amarillo Inc?
Joe Kirkwood is the Minister of Cornerstone Outreach Center Of Amarillo Inc.
What is the revenue of Cornerstone Outreach Center Of Amarillo Inc?
Cornerstone Outreach Center Of Amarillo Inc's revenue in 2022 was $95,226.
Who are the executives of Cornerstone Outreach Center Of Amarillo Inc and what are their salaries?
There are 2 employees and 22 volunteers at Cornerstone Outreach Center Of Amarillo Inc.
Here are 2 key members and their salaries:
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $2,142
- Related: $0
- Other: $0
Where can I find the form 990 for Cornerstone Outreach Center Of Amarillo Inc?
Cornerstone Outreach Center Of Amarillo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cornerstone Outreach Center Of Amarillo Inc
Cornerstone Outreach Center of Amarillo, inspired by Isaiah 58: 6 & 7, is dedicated to serving over 8,000 local families and the needy in Africa. Their mission is multifaceted, encompassing the provision of essentials such as groceries, clothing, and household items, as well as offering counseling services. This nonprofit organization's mission aims to uplift and support those in need, both locally and internationally, reflecting the biblical passage that guides their work. Beyond material aid, Cornerstone Outreach Center of Amarillo also extends financial assistance and engages in ministry and missionary activities. The organization's mission is rooted in the belief that helping those in need is a vital part of creating a more compassionate and equitable society.
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Impact
October, 2024
Cornerstone Outreach Center of Amarillo Inc significantly impacts the lives of over 8,000 local families facing hardship. By providing essential resources such as groceries, clothing, and household items, the center plays a vital role in addressing food insecurity and meeting basic needs. Additionally, the counseling services offered help to support the emotional and mental well-being of individuals in the community.
The outreach extends beyond Amarillo, reaching needy populations in Africa, ensuring that assistance is available to those who require it most. By aligning its mission with the principles found in Isaiah 58: 6 & 7, the center promotes a compassionate approach to service, emphasizing the importance of helping others in times of need. Through its dedication to ministry and missions, Cornerstone Outreach fosters a sense of community and support, empowering individuals and families to overcome challenges and improve their quality of life.
This information is meant to be a general summary of Cornerstone Outreach Center Of Amarillo 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.
- Gross Receipts: $95,226
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1996
Phone
(806) 381-2131Principal Officer
Joe Kirkwood
Main Address
1111 N Buchanan St, Amarillo, TX, 79107
NTEE Category
Code: X21 - Religion related
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