Corazon Ministries Inc
Nonprofit profile at a glance
- EIN
- 860810200
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025
- Location
- Tucson, AZ, USA
- Phone
- 5209039608
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $507,479
- Expenses
- $480,425
- Assets
- $102,734
- Liabilities
- $1,680
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Mike Alameda (President)
- Claire Alameda (Vice-President)
Highest reported compensation
- Mike Alameda (President): $89,957 total reported compensation
- Claire Alameda (Vice-President): $13,448 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of Corazn Ministries is to evangelize to non-believers, to develop believers into disciple makers, and to equip believers for work and service within the context of culture and community in the Hispanic/Latino and other ethnic populations.
What it reported doing in 2025
Our Mission Statement says: The purpose of Corazn Ministries is to evangelize to non-believers, to develop believers into disciple makers, and to equip believers for work and service within the context of culture and community in the Hispanic/Latino and other ethnic populations. In 2025, Corazn Ministries continued to demonstrate its mission through gatherings, newsletters, Bible studies, and workshops. Corazn Ministries organized and contributed to community outreach projects by collaborating with local schools and churches on construction, cleanup, and landscaping projects. We continue to support Christian schools, including Pusch Ridge South. We helped local families in need, collaborated with school educators and leaders in Tucson, and partnered with the Association of Spanish-Speaking Pastors for outreach efforts that resulted in citywide events. In addition, we collaborated with local ministries in our city to develop healthy family environments for future generations. We also conducted cross-cultural training sessions across the United States focused on reaching Hispanic/Latino communities for Christ. We minister to men, women, couples, moms, youth, families, pastors, and their wives. We preach in churches locally and nationally. We perform weddings, funerals, and dedications, and provide biblical premarital training. We have an affiliation with radio stations to spread the Gospel. This past year, Corazn Ministries hosted a series of Until He Returns workshops that grew out of the previous years Until He Returns Missions Conference. Corazn reached an estimated 75,000 individuals locally and nationwide.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 100
- Accountability: 52
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.8%; rating input score 61
- Program expense ratio: 64.2%; rating input score 64
- Fundraising efficiency: $146.63 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 18th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 21.5%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 60.8% of revenue deployed · 64.2% of spending went to programs
- Governance: 5 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $308K in reported program spending
- Leadership: top reported pay $90K · 7 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.