Micah Cornerstone Ministries Inc
- Assets
- $139.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Fargo, ND
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 82-0606369
Organization Overview
Micah Cornerstone Ministries Inc is located in West Fargo, ND. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micah Cornerstone 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, Micah Cornerstone Ministries Inc generated $112.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $88.6k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Takacs President | 0 | $0 | |
Jennifer Nerud Secretary/tr | 0 | $0 | |
Josh Brown Director | 0 | $0 | |
Matt Seyfried Director | 0 | $0 | |
David Nerud Director | 0 | $33,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,123 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,658 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,781 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,718 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,495 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,556 |
| Total expenses | $88,641 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,650 |
| Other assets | $0 |
| Total assets | $139,141 |
| Total liabilities | $960 |
| Net assets or fund balances | $138,181 |