Cornerstone of Hope Inc
Nonprofit profile at a glance
- EIN
- 050623289
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025, Form 990-EZ 2023
- Location
- Johnston, IA, USA
- Phone
- 5159882284
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing, Shelter N.E.C.
Reported finances
- Revenue
- $62,324
- Expenses
- $45,790
- Assets
- $92,007
- Liabilities
- $188
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Aliou Kieta (Director / President)
People named in this filing
- Eric Idehen (Director)
- Kevin McGuire (Director / Treasurer)
- Aliou Kieta (Director / President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We support orphan causes and help orphans to have a place to live. This includes food programs, health care, clean water, Housing, education and adoption. We also educate people in the United States on orphan issues.
What it reported doing in 2025
Grant to fund operations of Cornerstone of Hope, Nigeria Orphanage. Cornerstone of Hope Nigeria takes care of Orphan Children in a permanent facility. They provide food, health care, clean water, education, security, and family support programs in Nigeria.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 72
- Accountability: 82
- Sustainability: 56
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.7%; rating input score 61
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: $14.25 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.5%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.01; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: -11.4% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -6% per year; rating input score 0; 38th percentile among comparable filings
- Asset growth: 22.8% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 60.7% of revenue deployed · 82.3% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 17 of 19 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.