Corazon Ministries Inc
- Assets
- $692.7k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 51
- Location
- San Antonio, TX
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 20-0319533
Organization Overview
Corazon Ministries Inc is located in San Antonio, TX. The organization was established in 2004. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Corazon Ministries Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corazon Ministries Inc 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 12/2023, Corazon Ministries Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 54.0% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 53.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO PEOPLE EXPERIENCING HOMELESSNESS AND TO PEOPLE WHO ARE MARGINALIZED, SUFFERING FROM TRAUMA, MENTAL ILLNESS, OR ADDICTION, TO ENHANCE MIND, BODY, SPIRIT, CREATIVITY AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORAZON DAY CENTER AND RESOURCE HUB PROVIDES WARM MEALS AND SHOWERS WITH CHRISTIAN ASSISTANCE MINISTRY, ID RECOVERY, RESPITE, STREET OUTREACH, AND CASE MANAGEMENT.
CORAZON HARM REDUCTION OUTREACH AND DROP-IN AN EFFORT TO AID CLIENTS THAT ARE SUFFERING FROM DRUG ADDICTION AND OTHER FORMS OF CHEMICAL DEPENDENCIES. PEER SUPPORT AND RECOVERY SPECIALISTS ASSIST THOSE IN NEED BY PROVIDING GUIDANCE INTO THE MANY PATHWAYS OF RECOVERY AVAILABLE. THE PROGRAM IS FREE OF CHARGE AND IS PARTICIPANT-CENTERED THAT FITS THE NEEDS OF THOSE SERVED THROUGH NEEDLE EXCHANGE, HARM REDUCTION EDUCATION, MEDICAL CARE, HIV/HEPC TESTING, CASH MANAGEMENT, AND RECOVERY COACHING.
CORAZON MEDICAL CLINIC OPERATES TWO TIMES A WEEK AND PROVIDES BASIC MEDICAL CARE BY LOCAL DOCTORS, NURSES, PRACTITIONERS, AND STUDENTS. THE CLINIC IS FREE AND OFFERS SOME PHARMACEUTICAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Borrego Executive Director | Officer | 40 | $100,065 |
David Stone Board Member | OfficerTrustee | 4 | $0 |
Phil Watkins Vice Chairperson | OfficerTrustee | 2 | $0 |
Heather Ryniker Treasurer | OfficerTrustee | 2 | $0 |
Audrey Laird Chairperson | OfficerTrustee | 2 | $0 |
Brian Dillard Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $377,956 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,116,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $559,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,053,566 |
| Total Program Service Revenue | $0 |
| Investment income | $2,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $76,787 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,144,506 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,197,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $101,777 |
| Payroll taxes | $81,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,484 |
| Advertising and promotion | $6,919 |
| Office expenses | $12,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $364,790 |
| Travel | $32,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,706 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $35,038 |
| All other expenses | $6,095 |
| Total functional expenses | $2,133,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $161,858 |
| 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 | $19,131 |
| Net Land, buildings, and equipment | $34,827 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $203,284 |
| Total assets | $692,700 |
| Accounts payable and accrued expenses | $106,299 |
| 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 | $195,736 |
| Total liabilities | $302,035 |
| Net assets without donor restrictions | $390,665 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $692,700 |