Cornell Ministries Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $453,793
- Spending
- $402,271
- Spent on programs
- 89%
- Reserves
- 2.4 months of spending
- Largest source of income
- fees for its services, 65%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 49% of charities in its peer group (religion, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 11% of income.
Income trend
15 of 15Income rose 117% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 54 out of 100. Higher than 39% of charities in its peer group (religion, $250k to $1m).
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $30,636 spent. Significant accomplishments continued to be realized during this time period. Cornell Ministries, Inc., organized several evangelical events which resulted in 90% of the attendees expressing growth in their personal walk with Christ and moreover were ignited in their desire to tell others how they can know Jesus Christ as their Savior and Lord. Additionally, these events resulted in an initial introduction to several attendees to the saving knowledge of Jesus Christ. These evangelical events included: Inner city outreach, Youth Ministry Events, Ministry events including teaching, preaching and singing. Although these events incurred expenses to conduct, they also generated a desire for others to partner with this Ministry to enable us to continue the fulfillment of our mission statement, to bring all to a saving knowledge of Jesus Christ.
- $2,560 spent. 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.
- $27,541 spent. 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
- $295,920 spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.