CORNERSTONE APOSTOLIC MINISTRY INC (EIN 731229811) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

PHILIP P STERN

Phone

6367347771

Tax Period

2024-01-01 to 2024-12-31

CORNERSTONE APOSTOLIC MINISTRY INC, founded in 2001, is a small nonprofit that reported $173K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $150K left a modest 13% surplus.

Mission

PREACH THE GOSPEL AND HELP THE HURTING AND DISADVANTAGED. MISSIONS, CHURCH PLANTING, HUMANITARIAN RELIEF, AND SPEAKING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,123

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,123

Expense Breakdown

Grants Paid $38,614

Salaries & Benefits $71,400

Fundraising Expenses $0

Program Expenses $140,638

Other Expenses $40,087

TOTAL EXPENSES $150,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,123	$230,344	-0.2%
Expenses	$150,101	$256,961	-0.4%
Net Income	$23,022	$-26,617	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$71,400

Total Directors

$71,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP STERN	PRESIDENT/DIRECTOR	40.00	Officer Director	$17,400	$54,000	$71,400
STEPHEN BUFORD	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL D HODGE	DIRECTOR	0.25	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	$173,123	$150,101	$184,712	$23,022
2023	$230,344	$256,961	$161,691	$-26,617
2022	$297,482	$290,588	$171,347	$6,894
2021	$611,048	$570,870	$85,541	$40,178
2020	$239,044	$186,376	$45,362	$52,668

CORNERSTONE APOSTOLIC MINISTRY INC