Nonprofit · EIN 74-2897724
CORNERSTONE CHILDRENS RANCH INC
Tax-exempt · QUEMADO, TX 78877
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $141,123 | $152,621 | -$11,498 | $349,655 | $7,961 | $341,694 |
| December 31, 2023 | 990-EZ | $132,146 | $126,939 | $5,207 | $353,192 | $0 | $353,192 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $141,123
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $350
- Occupancy
- $149,882
- Printing, publications and postage
- $533
- Other expenses
- $1,856
- Program services (functional)
- $152,621
Balance sheet and other
- Total assets, start of year
- $353,192
- Total assets, end of year
- $349,655
- Total liabilities, end of year
- $7,961
- Net assets, end of year
- $341,694
- Cash, savings and investments
- $2,505
- Land and buildings
- $347,150
- Gross receipts
- $141,123
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN MERCER | COUNSELOR | 40 | $0 |
| LORAINE MERCER | COUNSELOR | 50 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN MERCER | COUNSELOR | 40 | $0 |
| LORAINE MERCER | COUNSELOR | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 2420 FM 1664, QUEMADO, TX 78877-7869
- In care of
- % STEVEN MERCER
- Signed the 990-EZ
- STEVEN MERCER, COUNSELOR
- Phone
- (830) 765-6594
- Return prepared by
- Frank L Lowe CPA
Mission
CHILDRENS HOME AND FOOD ASSISTANCE
Program accomplishments
- PROVIDE FOOD AND HOUSING FOR UNDERPRIVLEDGED CHILDRENExpenses $152,621
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 74-2897724
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P32)
- Assets (IRS master file)
- $349,655
- Income (IRS master file)
- $141,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $141,123 | $152,621 | $349,655 | XML |
| 990-EZ | December 2023 | $132,146 | $126,939 | $353,192 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2897724).
Questions about CORNERSTONE CHILDRENS RANCH INC
- What is the EIN of CORNERSTONE CHILDRENS RANCH INC?
- The employer identification number (EIN) of CORNERSTONE CHILDRENS RANCH INC is 74-2897724.
- Is CORNERSTONE CHILDRENS RANCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to CORNERSTONE CHILDRENS RANCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE CHILDRENS RANCH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNERSTONE CHILDRENS RANCH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE CHILDRENS RANCH INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of CORNERSTONE CHILDRENS RANCH INC?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE CHILDRENS RANCH INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $141,123, expenses of $152,621 and total assets of $349,655 at year end.
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