Cornerstone Apostolic Ministry Inc
- Assets
- $171.3k
- Revenue
- $297.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Ballwin, MO
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 73-1229811
Organization Overview
Cornerstone Apostolic Ministry Inc, operating under the name Link Ministries & Feed the Forgotten, is located in Ballwin, MO. The organization was established in 1985. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Link Ministries & Feed the Forgotten is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Link Ministries & Feed the Forgotten generated $297.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $290.6k during the year ending 12/2022. While expenses have increased by 25.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREACH THE GOSPEL AND HELP THE HURTING AND DISADVANTAGED. MISSIONS, CHURCH PLANTING, HUMANITARIAN RELIEF, AND SPEAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINK MINISTRIES: PASTORS' MINISTRY GROUP, CONNECTING MINISTRIES WITH ONE ANOTHER FOR THE GOSPEL. REACHING APPROXIMATELY 100 PASTORS. PLANTING CHURCHES.
CORNERSTONE APOSTOLIC MINISTRY - SUPPORTS ADAMA CORPORATION
FEED THE FORGOTTEN: HUMANITARIAN OUTREACH TO LEPERS, ORPHANS, AND WIDOWS. PROVIDE FOOD TO FOUR LEPER VILLAGES IN INDIA. NUTRITION FOR MOUNTAIN CHILDREN IN GUATEMALA. OTHER NEEDS IN BULGARIA, MACEDONIA, PHILIPPINES, SAUDI ARABIA, AND USA.
ADAMA CORPORATION IS A PHILIPPINE HUMANITARIAN CORPORATION DULY FORMED AND LEGALLY AUTHORIZED TO IMPLEMENT A PROGRAM WHICH WILL ADVANCE ORGANIC FARMING IN THE AREA PRODUCING PRODUCT WITH HIGHER QUALITY, MORE BENEFICIAL NUTRIENTS AND MORE ENVIRONMENTAL METHODOLOGY. THIS INCLUDES TEACHING INNOVATIVE CROP PRODUCTION TECHNIQUES, UPGRADING LOCAL PRODUCTION METHODS AND CAPABILITIES AND INTRODUCING FOOD PROCESSING FACILITIES INTO THE AREA, THEREBY MAKING THE FARMERS AND FISHERMEN NOT JUST PLANTERS OR HARVESTERS BUT HONING THEM INTO THE FIELD OF FOOD PROCESSING. THIS ENABLES THEM TO BOOST THEIR INCOMES AND PROMOTE INDIVIDUAL HOUSEHOLD FOOD SECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Stern President/director | OfficerTrustee | 40 | $54,000 |
Stephen Buford Director | Trustee | 0.5 | $0 |
Michael D Hodge Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $297,476 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,476 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $122,843 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $54,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $166 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48 |
| Advertising and promotion | $0 |
| Office expenses | $5,644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $290,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $171,347 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $171,347 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $171,347 |