Cornerstone Ministries Inc
Nonprofit profile at a glance
- EIN
- 382437241
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Holland, MI, USA
- Phone
- 6163923642
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $75,954
- Expenses
- $65,725
- Assets
- $90,547
- Liabilities
- $250
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ERIC PHENIX (PRESIDENT)
People named in this filing
- MATT MOORE (BOARD MEMBER)
- BON VANDEPOL (BOARD MEMBER)
- EMMY DUEMAN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Christian youth center
What it reported doing in 2025
The cornerston youth center provides a safe place to spend time with friends under adult supervision. Aprproximately ten to twenty five youths gather for each meeting time. The center is located within a somewhat transient central city, non-owner occupied dwelling area. Many materials and much time is donated in both leadership and supervision.
Operating model
- Revenue model
- Donor-supported. 80% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.7%; rating input score 87
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.5%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.38; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 86.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.