NonprofitsCornell Ministries Inc

Religion-Related

Cornell Ministries Inc

MURFREESBORO, TN

Total revenue

$454K

Total expenses

$402K

Net assets

$79K

Grants received

EIN

815258445

Tax year

2024

Mission

Specifically the Corporation is formed to spread the Gospel of Jesus Christ throughout the world (Mark 16:15); to see people of all ages and all nations brought to a saving knowledge of Jesus Christ (Matthew 28:19) and to glorify Jesus Christ in everything we say and do.

Programs

3 programs

Cornell Ministries, Inc. has been involved in several media outreach forums, such as: Television, radio and social media. Specifically, hosting a television program, entitled, "Cross Life," that aired twice a week. Additionally, Bob and Sharon Cornell are frequently guest ministers on an international Christian Broadcasting Network, preaching and teaching practical Biblical truths enabling the listener to know and live in their identity in Christ through His finished work on the Cross. Reaching the United States and world wide, sharing this message of hope - the Love of Christ. Though it is difficult to accurately provide a specific amount of revenue as a result of this initiative, growth is evidenced by the increase of contributors.

Expenses: $3K

Cornell Ministries Inc., were able to expand our outreach and is still is honored to be able to fulfill these scriptures found in Matthew 25:35-37. "For I was hungry, and you gave me something to eat: I was thirsty, and you gave me drink: I was a stranger, and you took me in: I needed clothes and you clothed me: I was sick, and you looked after me: I was in prison, and you came to visit me." Through the benevolence of Cornell Ministries we have been able to demonstrate the love of Christ in these practical ways, as mentioned above, as we have been called to do. Thus, continuing to glorify Jesus Christ in everything we say and do. "Come unto Me all you that labor and are heavy laden and I will give you rest." Mathew 11:28

Expenses: $28K

During the 2024 tax year, Cornell Ministries, Inc. received $295,920 in contributions specifically designated by donors to be transferred directly to another non-profit organization, Covenant Church of TN Inc. Covenant Church of TN, Inc. is a registered 501(c)(3) nonprofit organization focused on faith-based outreach and spiritual growth. As part of our commitment to supporting ministries, our organization facilitates pass-through donations for Covenant Church of TN using our Clover account. This process enables them to receive financial contributions without incurring processing fees, ensuring that more resources directly support their mission. Donors contributing through Clover select the specific fund to which their donation applies. Funds designated for Covenant Church of TN are then transferred to the appropriate account, ensuring accurate documentation and transparency. All transactions are recorded in both Clover and Covenant Church of TN's Church Management System, Planning Center, allowing for cross-matching of funds and thorough reconciliation between received donations and pass-through transfers. Our organization does not charge Covenant Church of TN for this service, nor do we retain any portion of the donated funds. We also cover all associated accounting expenses as part of our commitment to supporting ministries and ensuring the effective stewardship of resources. This pass-through arrangement is fully documented and aligns with the organization's mission of supporting collaborative charitable efforts. This arrangement reflects our dedication to fostering faith-based initiatives and ensuring financial contributions are efficiently directed to their intended purpose without undue financial burden.

Expenses: $296K

Financials

FY 2024

Revenue

Contributions & grants$158K
Program service revenue$296K
Investment income
Other revenue
Total revenue$454K

Expenses

Grants paid$296K
Salaries & benefits
Fundraising
Other expenses$106K
Total expenses$402K
Total assets$79K
Net assets$79K

People

5 listed

NameRoleCompensation

Robert Cornell

President

Board

25 hrs/wk

Sharon Cornell

Vice President/Secretary/Treasurer

Board

20 hrs/wk

Clara Wright

Director

Board

10 hrs/wk

Asher Webber

Director

Board

1 hrs/wk

Sharon Snyder

Director

Board

20 hrs/wk

Details

EIN815258445
NTEE codeX21
Subsection03
Ruling date2018-03
Formed2015
Employees0
Volunteers0
CORNELL MINISTRIES INC — Mission, Financials & Grants Received | Grantivo