CORNERSTONE MINISTRIES INTERNATIONAL (EIN 911550156) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Peter Lee

Phone

7144840042

Tax Period

2023-01-01 to 2023-12-31

CORNERSTONE MINISTRIES INTERNATIONAL, founded in 1992, is a community nonprofit in the International Affairs sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

PROPOGATING THE GOSPEL OF JESUS CHRIST IN THE GOSPEL RESTRICTED NATIONS BY DELIVERING BIBLES, RAISING UP MISSIONAL LEADERS, TRAINING AND SENDING OUT MISSIONARIES, PLANTING CHURCHES, AND CARRYING OUT EVANGELISM WITH HUMANITARIAN ASSISTANCES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,666,790

Program Service Revenue $0

Investment Income $3,104

Other Revenue $0

TOTAL REVENUE $2,669,894

Expense Breakdown

Grants Paid $1,737,817

Salaries & Benefits $658,853

Fundraising Expenses $294,338

Program Expenses $2,152,692

Other Expenses $240,702

TOTAL EXPENSES $2,637,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,669,894	$2,067,301	+0.3%
Expenses	$2,637,372	$1,978,106	+0.3%
Net Income	$32,522	$89,195	-0.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

140

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

$115,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISAAC LEE	PRESIDENT	60	Officer	$57,600	$0	$57,600
PETER LEE	EXECUTIVE DIRECTOR	60	Officer	$57,600	$0	$57,600
Y I SONG	DIRECTOR	0	Director	$0	$0	$0
SEOUNGHEE KO	DIRECTOR	0	Director	$0	$0	$0
C I KIM	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$2,669,894	$2,637,372	$1,292,292	$32,522
2022	$2,067,301	$1,978,106	$1,652,340	$89,195
2021	$3,348,979	$3,321,266	$1,648,145	$27,713
2020	$2,277,985	$2,226,153	$1,668,323	$51,832

CORNERSTONE MINISTRIES INTERNATIONAL