Cornerstone Childrens Ranch Inc
- Assets
- $348.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quemado, TX
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 74-2897724
Organization Overview
Cornerstone Childrens Ranch Inc is located in Quemado, TX. The organization was established in 1999. According to its NTEE Classification (P32) the organization is classified as: Foster 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. Cornerstone Childrens Ranch 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 12/2022, Cornerstone Childrens Ranch Inc generated $75.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $80.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD AND SHELTER FOR MORE THAN 700 UNDERPRIVLEDGED CHILDREN AND OTHER INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Mercer Counselor | 40 | $0 | |
Loraine Mercer Counselor | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $80,184 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $80,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $835 |
| Other assets | $0 |
| Total assets | $347,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $347,985 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cornerstone Childrens Ranch Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Brakebush Family Foundation Westfield, WI PURPOSE: PURCHASE NEW COOLER UNIT FOR REFRIGERATION TRUCK | $5,000 |
Brakebush Family Foundation Westfield, WI PURPOSE: YEAR END DONATION | $5,000 |
Brakebush Family Foundation Westfield, WI PURPOSE: SUPPLIES | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circles Of Care Corpus Christi, TX | $2,293,308 | $4,110,444 |
Caring Hearts For Children Comanche, TX | $1,183,995 | $3,965,179 |
Red Mountain Family Services Inc Albuquerque, NM | $1,409,012 | $3,641,579 |
Circle Of Living Hope Inc Houston, TX | $450,217 | $3,300,826 |
Youth In View Inc Desoto, TX | $730,364 | $2,513,380 |
Lilyfield Inc Edmond, OK | $2,207,200 | $2,517,818 |
Agape Manor Homes Inc Garland, TX | $3,031,262 | $2,602,670 |
Jim H Green Kidz Harbor Inc Liverpool, TX | $1,597,715 | $2,171,086 |
Grace Manor Incorporated Lubbock, TX | $863,086 | $1,978,923 |
Texas Foster Care And Adoption Services San Antonio, TX | $787,189 | $2,113,674 |
Peppers Ranch Inc Guthrie, OK | $15,742,439 | $2,338,484 |
Good Hearts Youth And Familyservices Inc Houston, TX | $211,452 | $1,696,459 |