SIDNEY & HELEN CORRELL MINISTRIES INC

EIN: 561220026 501(c)(3)

Charlotte, NC

Total Revenue
$954,597
Total Expenses
$1,021,940
Total Assets
$49,225
Net Assets
$32,286
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NC
Principal Officer
Jorge Parrott
Phone
7042253927
Tax Period
2023-07-01 to 2024-06-30

SIDNEY & HELEN CORRELL MINISTRIES INC, founded in 1978, is a small nonprofit that reported $955K in total revenue in fiscal year 2023.

Mission

CMM provides national pastors, missionaries, workers, schools and hospitals with financial support,education and humanitarian aid, as well as coordinating short and long term mission trips and disaster response teams to many countries.

Program Service Accomplishments

Program 1
Expenses: $727,079 Revenue: $0

CMM raises funds, handles donor relations for national pastors, missionaries & workers in many nations and handles communications with donors & missionaries in 50 countries. CMM helps raise funds for...

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CMM raises funds, handles donor relations for national pastors, missionaries & workers in many nations and handles communications with donors & missionaries in 50 countries. CMM helps raise funds for the construction of churches, schools, hospitals & clinics, as well as humanitarian & water projects. CMM coordinates short and long term mission trips, logistics, event planning and travel arrangements for many churches & individuals to visit and help missionaries in the field. CMM is interdenominational & cross cultural in nature.

Program 2
Expenses: $98,844 Revenue: $0

CMM provides educational materials, books, media and instruction to ministers, teachers & missionaries. CMM equips, trains & educates pastors in the U.S. and overseas through ongoing training...

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CMM provides educational materials, books, media and instruction to ministers, teachers & missionaries. CMM equips, trains & educates pastors in the U.S. and overseas through ongoing training, seminars, conferences & sponsership. CMM also trains in the areas of practical skills, literacy, language, mentoring & empowering women & minorities, in the church & in the marketplace.

Program 3
Expenses: $0 Revenue: $0

CMM links humanitarian & disaster relief resources, and arranges shipment of humanitarian aid to many nations, as needed and as are available. CMM provides individuals with links to disaster relief...

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CMM links humanitarian & disaster relief resources, and arranges shipment of humanitarian aid to many nations, as needed and as are available. CMM provides individuals with links to disaster relief training.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $954,597
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $954,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,875
Fundraising Expenses $0
Program Expenses $825,923
Other Expenses $915,065
TOTAL EXPENSES $1,021,940

Year-over-Year Comparison

2023 2022 Change
Revenue $954,597 $968,667 0.0%
Expenses $1,021,940 $1,015,894 +0.0%
Net Income $-67,343 $-47,227 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
63

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$102,300
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jorge Parrott President 60
Officer
$57,200 $0 $57,200
Anna Parrott Vice President 40
Officer
$45,100 $0 $45,100
Michelle Bates Board Member 2
Director
$0 $0 $0
David Bates Board Member 2
Director
$0 $0 $0
Paul Johnson Board Member 2
Director
$0 $0 $0
Cindy Johnson Board Member 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $954,597 $1,021,940 $49,225 $-67,343
2024 $954,597 $1,021,940 $49,225 $-67,343
2023 $968,667 $1,015,894 $102,527 $-47,227
2022 $1,011,741 $1,095,289 $168,769 $-83,548
2021 $793,781 $620,684 $230,602 $173,097
2020 $679,917 $683,103 $69,604 $-3,186
2019 $674,746 $760,698 $73,578 $-85,952
2018 $926,039 $811,328 $153,217 $114,711
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