NonprofitsCornerstone Magazine Inc

Religion-Related

Cornerstone Magazine Inc

LAND O LAKES, FL

Total revenue

$38K

Total expenses

$42K

Net assets

$51K

Grants received

$82K

9 grants

EIN

812026570

Tax year

2024

Mission

Our charitable purpose as set forth in our articles of incorporation are for charitable, religious and educational purposes, including Bible education and publishing Bible teaching and articles in the magazine called Cornerstone Magazine. Cornerstone Magazine, Inc. (CMI) published and distributed the inaugural issue of Cornerstone Magazine in Dec 2016/Jan 2017. As CMI is currently publishing a bi-monthly magazine, we have published 6 issues of Cornerstone Magazine each year since. The electronic version of our magazine is available on our website (www.cornerstonemagazine.org). CMI also held its first bible conference in 2019. The video recording is available on YouTube channel, Cornerstone Conferences. CMI also hosted Bible-based teaching webinars from 2019 to 2022. The webinars are available on our YouTube channel.

Financials

FY 2024

Revenue

Contributions & grants$38K
Program service revenue
Investment income
Other revenue
Total revenue$38K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$416
Total expenses$42K
Total assets$51K
Net assets$51K

People

5 listed

NameRoleCompensation

David Dunlap

President & Director

Board

1 hrs/wk

Mark Kolchin

Acting Secretary (appointed effective 4/9/2024) & Director

Board

2 hrs/wk

George Ferrier

Editor (appointed w.e.f. 1/1/2024) & Director

Board

2 hrs/wk

Brian Gunning

Director

Board

0.23 hrs/wk

Eileen Lee

Treasurer (not a director)

Board

3 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$10K
GENERAL CHARITABLE
2024
$10K
GENERAL CHARITABLE
2023
$15K
GENERAL CHARITABLE
2022
$15K
GENERAL CHARITABLE
2021
$15K
GENERAL CHARITABLE
2020
$15K
GENERAL CHARITABLE
2018

Funded by

$82K from 2 funders · 9 grants · 2018–2024

Perrin Foundation Inc

$80K · 6 grants · 2018–2024

The Oscar C Rixson Foundation Inc

$2K · 3 grants · 2020–2023

Details

EIN812026570
NTEE codeX83
Subsection03
Ruling date2017-01
CORNERSTONE MAGAZINE INC — Mission, Financials & Grants Received | Grantivo