Micah Cornerstone Ministries Inc
- Assets
- $117.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Fargo, ND
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-0606369
Organization Overview
Micah Cornerstone Ministries Inc is located in West Fargo, ND. The organization was established in 2017. 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. Micah Cornerstone Ministries Inc 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, Micah Cornerstone Ministries Inc generated $130.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $162.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Nerud Director | 0 | $30,000 | |
Stephen Takacs President | 0 | $0 | |
Jennifer Nerud Secretary | 0 | $0 | |
Matt Seyfried Director | 0 | $0 | |
Josh Brown Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,143 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,157 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,295 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $128,114 |
| Total expenses | $162,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,838 |
| Other assets | $0 |
| Total assets | $117,657 |
| Total liabilities | $3,615 |
| Net assets or fund balances | $114,042 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Micah Cornerstone Ministries Inc has recieved totaling $17,102.
| Awarding Organization | Amount |
|---|---|
Crary Family Legacy Fund Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $17,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
St Vincent Healthcare Foundation Billings, MT | $88,857,513 | $8,266,509 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Refuge Foundation Billings, MT | $2,509,784 | $3,571,632 |