Cornerstone Association Of Ministers And Educators Inc
- Assets
- $222.0
- Revenue
- $109.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Kerrville, TX
- Founding
- 04/2006
- Data as of
- 12/2022
- EIN
- 20-0058463
Organization Overview
Cornerstone Association Of Ministers And Educators Inc, operating under the name And Educators, is located in Kerrville, TX. The organization was established in 2006. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. And Educators is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, And Educators generated $109.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $110.1k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR GOAL IS TO INSTILL AND DEVELOP MORAL CHARACTER IN THE LIVES OF THOSE WE HAVE CHARGE OVER. WE ARE ATTEMPTING TO MODEL INTIMACY WITH FATHER GOD, NOT SOME DEAD RELIGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HOLD CONFERENCES, CRUSADES, SEMINARS, YOUTH EVENTS, CHILDREN OUTREACHES AND CHURCH MEETINGS IN PERU AND THROUGHOUT THE WORLD; ENCOURAGING BOTH THE SAINTS AND THE LOST, THROUGH THE BIBLE AND THE PROPHETIC, TO BECOME ALL THEY WERE CREATED TO BE IN CHRIST. WE WORK TO UNITE PASTORS TO ACCOMPLISH THE SAME GOALS IN FURTHERING GOD'S KINGDOM. PERU HAS A WHOE GENERATION OF YOUNG PEOPLE WHO ARE DESPERATE FOR THE HEALING LOVE OF JESUS. THE NEED TO GET THE YOUTH OFF OF THE STREETS AND INTO A HEALTHY CHRISTIAN ENVIRONMENT IS CRITICAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Wolter Trustee | Trustee | 1 | $0 |
Gail Savage Trustee | Trustee | 1 | $0 |
Kenneth Savage President | Officer | 2 | $0 |
Maria Garcia Ramos Secratary/treasurer | Officer | 10 | $0 |
Joel Savage Vice President | Officer | 10 | $0 |
David Mclendon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,777 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $38,004 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,004 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $58,905 |
| Total functional expenses | $110,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $222 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $222 |
| Total liabilities and net assets/fund balances | $222 |