Cornerstone Ministries Inc
Mckinney, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,224,457↑658% | $2,274,696↑26% | $21,894,962↑145% | |
| 2022 | $2,008,284↑5% | $1,798,796↑39% | $8,934,877↑130% | — |
| 2021 | $1,911,358↑56% | $1,298,646↑13% | $3,884,140↑18% | — |
| 2020 | $1,222,921↓19% | $1,144,835↓4% | $3,303,503↑1% | — |
| 2019 | $1,513,280↑12% | $1,193,828↑12% | $3,275,923↑12% | — |
| 2018 | $1,349,431↑40% | $1,063,967↑23% | $2,931,408↑12% | — |
| 2017 | $966,689↓13% | $866,070↑15% | $2,617,752↑4% | — |
| 2016 | $1,107,358↓7% | $752,112↑45% | $2,512,065↑16% | — |
| 2015 | $1,185,562↑118% | $519,185↓7% | $2,164,941↑45% | — |
| 2014 | $542,703↓12% | $555,978↑11% | $1,495,940 | — |
| 2013 | $618,201 | $499,370 | $1,500,006 | — |
Frequently Asked Questions
What does Cornerstone Ministries Inc do?▼
Cornerstone Ministries Inc is a mental health & crisis intervention nonprofit organization based in Texas. It is classified under NTEE code F33 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cornerstone Ministries Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Cornerstone Ministries Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Cornerstone Ministries Inc generate?▼
Cornerstone Ministries Inc reports $13.2M in annual revenue and holds $32.5M in total assets, based on IRS filings.
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