Corpus INC FY2020 filing

Tax-deductible

Winston Salem, NC501(c)(3)ReligionEIN 82-2000042Revenue $715K in FY2020

On file with the IRScorpusvitae.org1176 Downing Creek CT, 27106-9837 · Winston Salem, NCTax-exempt since May 2018Publicly supported — 509(a)(2)

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Corpus is a non-profit religious organization committed to bringing life and vitality to the church. We assist the church leaders to assess and rediscover the nature of their mission and ministry so they can fulfill their God given calling for ministry.

501(c)(3) charity; gifts are tax-deductible.
4¢ of each $1 spent went to programs.
$204K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $43K a year · 10% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
4%
of spending
Concern: 4% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$204K
to officers and key staff · 51% of spending
Concern: pay to officers and key staff is 51% of spending; over 30%.
Pt VII · Sec A
Cash reserves
31 mo
of spending, in cash
Looks good: 30.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$52K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$715K
Spent
$402K
To programs
4%
Net assets
$986K
By yearFY2020–FY2025
Revenue
$715K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$715K
FY2021$523K
FY2022$248K
FY2023$397K
FY2024$411K
FY2025$395K
Expenses
$402K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$402K
FY2021$359K
FY2022$361K
FY2023$426K
FY2024$447K
FY2025$434K
Net assets
$986K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$986K
FY2021$1.1M
FY2022$1.0M
FY2023$1.0M
FY2024$983K
FY2025$944K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

4 cents of each dollar spent went to programs.

Program services 4% · $17K Management & general 96% · $384K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $204K paid to officers and key staff.

Part VII, Section A · reportable compensation
Founder and President
$204,000Pt VII · Sec A

Robert Peters’s $247K as Founder and President is at the 100th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Robert Peters$246,750$235,000$160,000$204,000$204,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps church leaders rediscover their mission and ministry to fulfill their calling.

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Provided by the organization

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1 program · $17K · in their own filed words · FY2020
01

Corpus is a non-profit religious organization committed to bringing life and vitality to the church. We assist church leaders to assess and rediscover the nature of their mission and ministry so they can fulfill their God given calling for ministry.

$17Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$50K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$715K
Ln 12
Gifts and grantsLn 1h$593K
Fees for servicesLn 2g$120K
Investment incomeLn 3$3K
Money outPt IX
$402K
Ln 25
Programscol B$17K
Managementcol C$384K
Owns and owesPt X
$986K
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.0M
LiabilitiesLn 26$52K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$593K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$120K
Investment incomeLn 3$3K
Total revenueLn 12$715K
Assets in detailPt X, end of year
CashLn 1$276K
SavingsLn 2$756K
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.0M
LiabilitiesLn 26$52K
Net assetsLn 32$986K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$674K$1.0M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$677K$1.0M
LiabilitiesLn 26$5K$52K
Net assetsLn 32$672K$986K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$310K$0$310K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$33K$3K$30K$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$2K$0$2K$0
Advertising and promotionLn 12$2K$0$2K$0
Office expensesLn 13$37K$14K$23K$0
Information technologyLn 14$8K$0$8K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$7K$0$7K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$3K$0$3K$0
Total functional expensesLn 25$402K$17K$384K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $395K$434K−$40K$944K 990 PDF
FY2024 $411K$447K−$36K$983K 990 PDF
FY2023 $397K$426K−$28K$1.0M 990 PDF
FY2022 $248K$361K−$113K$1.0M 990 PDF
FY2021 $523K$359K$164K$1.1M 990 PDF
FY2020 Viewing $715K$402K$314K$986K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $715,482 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $592,650$592,650
I-9 Program service revenuePrior year $120,201$120,269
I-10 Investment incomePrior year $2,561$2,563
I-11 Other revenuePrior year $69$0
I-12 Total revenuePrior year $715,481$715,482
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $347,511$345,268
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $52,939$56,262
I-18 Total expensesPrior year $400,450$401,530
I-19 Revenue less expensesPrior year $315,031$313,952
Part VI · Governance 4 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $715,482 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$592,650
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$592,650
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $120,269 · Unrelated business $0 · Excluded from tax $0$120,269
VIII-3 Investment incomeRelated to mission $2,563 · Unrelated business $0 · Excluded from tax $0$2,563
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $122,832 · Unrelated business $0 · Excluded from tax $0$715,482
Part IX · Statement of functional expenses $401,530 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $310,319 · Fundraising $0$310,319
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $3,162 · Management $29,553 · Fundraising $0$32,715
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $2,234 · Fundraising $0$2,234
IX-12 Advertising and promotionPrograms $0 · Management $2,100 · Fundraising $0$2,100
IX-13 Office expensesPrograms $13,946 · Management $22,754 · Fundraising $0$36,700
IX-14 Information technologyPrograms $0 · Management $8,118 · Fundraising $0$8,118
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $6,818 · Fundraising $0$6,818
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $2,526 · Fundraising $0$2,526
IX-25 Total functional expensesPrograms $17,108 · Management $384,422 · Fundraising $0$401,530
Part X · Balance sheet $1,037,370 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $25,083$275,659
X-2 Savings and temporary cash investmentsStart of year $649,016$755,579
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $2,829$6,132
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $676,928$1,037,370
X-17 Accounts payable and accrued expensesStart of year $5,259$2,589
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $5,259$51,749
X-27 Net assets without donor restrictionsStart of year $671,669$985,621
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $671,669$985,621
X-33 Total liabilities and net assetsStart of year $676,928$1,037,370
Part XI · Reconciliation of net assets $985,621 net assets at year end
XI-1 Total revenue$715,482
XI-2 Total expenses$401,530
XI-3 Revenue less expenses$313,952
XI-4 Net assets at start of year$671,669
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$985,621

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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