CORNELL MINISTRIES INC (EIN 815258445) - 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

2015

Legal Domicile

Principal Officer

Sharon Cornell

Phone

2252848020

Tax Period

2023-01-01 to 2023-12-31

CORNELL MINISTRIES INC, founded in 2015, is a small nonprofit in the Religion sector that reported $209K in total revenue in fiscal year 2023. Expenses of $179K left a modest 14% surplus.

Mission

Specifically the Corporation is formed to spread the Gospel of Jesus Christ throughout the world (Mark 16:15); to see people of all ages and all nations brought to a saving knowledge of Jesus Christ (Matthew 28:19) and to glorify Jesus Christ in everything we say and do.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $209,243

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,234

Other Expenses $179,432

TOTAL EXPENSES $179,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,243	$213,093	0.0%
Expenses	$179,432	$154,510	+0.2%
Net Income	$29,811	$58,583	-0.5%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Cornell	President	25	Director	$0	$0	$0
Sharon Cornell	Vice President/Secretary/Treasurer	20	Director	$0	$0	$0
Clara Wright	Director	10	Director	$0	$0	$0
Asher Webber	Director	1	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
2024	No data	No data	No data	No data
2023	$209,243	$179,432	$245,279	$29,811
2022	$213,093	$154,510	$215,468	$58,583

CORNELL MINISTRIES INC