Cornerstone Family Ministries
- Assets
- $416.7k
- Revenue
- $349.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Houston, TX
- Founding
- 08/2008
- Data as of
- 05/2021
- EIN
- 26-1101017
Organization Overview
Cornerstone Family Ministries is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 05/2021, Cornerstone Family Ministries employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Family Ministries 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 05/2021, Cornerstone Family Ministries generated $349.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $412.6k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CORNERSTONE FAMILY MINISTRIES MISSION IS TO CATALYZE THE LOCAL CHURCH TOWARD COMMUNITY ENGAGEMENT AND RESTORATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUMINARY : VOCAIONAL PATHWAYS COURSE FOR HIGH SCHOOL STUDENTS AIMED AT HELPING STUDENTS DISCOVER GOD'S PLAN AND CALLING ON THEIR LIVES VOCATIONALLY ON MONDAYS.
CAMP : WHERE STUDENTS CAN INTERACT WITH COUNSELOR THAT ARE FROM URBAN BACKGROUNDS. STUDENTS EARN THEIR WAY TO CAMP BY COMPLETING BIBLE VERSE MEMORIZATION AND DOING A SERVICE PROJECT.
COLLISION: WEDNESDAY EVENINGS AT 1330 GESSNER RD, HOUSTON, TX 77055. 6TH - 12TH GRADE. BIBLE STUDY, GAMES AND ACTIVITIES, SMALL GROUP DISCUSSIONS, BUS STUDENTS IN FROM NEIGHBORING APARTMENTS AND HOMES. HOPE & FUTURE: MONDAY EVENINGS AT 8009 LONG POINT RD, HOUSTON, TX 77055. COLLEGE AND CAREER PREP, VOCATIONAL CALLING, PERSONALITY ASSESSMENT, HABIT BUILDING, COLLEGE VISITS, AND LOCAL BUSINESS SHADOWING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Beton CEO | OfficerTrustee | 40 | $74,799 |
Mark Fuller Treasurer | OfficerTrustee | 5 | $0 |
Blaine Parson Vice Chair | OfficerTrustee | 5 | $0 |
Kurt Guenther Chairman | OfficerTrustee | 5 | $0 |
Bridgette Azzam Secretary | OfficerTrustee | 5 | $0 |
Allison Sims Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,362 |
| Investment income | $5,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $349,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,799 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,329 |
| Advertising and promotion | $6,333 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,636 |
| Travel | $2,308 |
| 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 | $23,241 |
| Insurance | $27,712 |
| All other expenses | $0 |
| Total functional expenses | $412,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,060 |
| 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 |
| Investments—publicly traded securities | $35,501 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50 |
| Total assets | $416,665 |
| 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 | $192,612 |
| Other liabilities | $0 |
| Total liabilities | $192,612 |
| 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 |
| Total liabilities and net assets/fund balances | $224,053 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Family Ministries has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $20,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Child Nutrition Services Lufkin, TX | $670,053 | $6,900,761 |
Samaritan House Community Center Rogers, AR | $3,368,725 | $7,534,821 |
Our Calling Inc Dallas, TX | $11,934,402 | $7,659,292 |
Oklahoma Child Care Resource And Referral Association Oklahoma City, OK | $0 | $4,378,557 |
Bear Be A Resource For Cps Kids Houston, TX | $2,500,894 | $2,456,838 |
Restore Hope Inc Little Rock, AR | $316,312 | $1,564,715 |
My Connect Community Houston, TX | $2,195,624 | $839,919 |
3ho Foundation International Santa Cruz, NM | $802,690 | $478,527 |
Helping Other People Effectively Inc Stephenville, TX | $334,928 | $960,022 |
Louisiana Homebuyer Education Collaborative Inc New Orleans, LA | $1,122,686 | $514,804 |
Eastern Oklahoma Donated Dental Services Tulsa, OK | $625,844 | $748,564 |
Arkansas Employment Career Center Little Rock, AR | $48,002 | $602,331 |