X โ€” Religion-RelatedEIN: 920283902ยท Ruling Year: 2022

Cornerstone Franciscan Ministries Inc

Luthvle Timon, Maryland

BHealth Score
60B

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$6.4M
Total Revenue
๐Ÿ“Š
$6.2M
Total Expenses
๐Ÿฆ
$1.7M
Net Assets
๐Ÿ“‹
$613K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+283.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.27
Net assets divided by total expenses
Liabilities-to-Assets
26.5%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$6,431,336โ†‘284%$6,223,719โ†‘485370%$2,316,635โ†“51%
2022$1,675,896$1,282$4,735,203

Frequently Asked Questions

What does Cornerstone Franciscan Ministries Inc do?โ–ผ

Cornerstone Franciscan Ministries Inc is a religion-related nonprofit organization based in Maryland. It is classified under NTEE code X02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cornerstone Franciscan Ministries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Cornerstone Franciscan Ministries Inc has a score of 60/100 (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 Franciscan Ministries Inc generate?โ–ผ

Cornerstone Franciscan Ministries Inc reports $2.5M in annual revenue and holds $2.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Religion-Related category, or browse all nonprofits in Maryland.

Cornerstone Franciscan Ministries Inc โ€” Luthvle Timon, MD | GiveScope