Cornerstone Free Will Baptist Church of Owasso Inc.
- Zack HinsonLead Pastor · Company website
- Josh LillyStudent Pastor · Company website
How we got $2.4M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Cornerstone is a Free Will Baptist church in Owasso, Oklahoma that connects people to God through His Word, with services for adults, kids, and students.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORNERSTONE FREE WILL BAPTIST CHURCH OF OWASSO INC. this business | $2.4M | — |
| OWASSO PENTECOSTAL CHURCH Owasso · 1 employees | $121K | 3.5 mi |
| OWASSO HMONG ALLIANCE CHURCH Owasso · 1 employees | $153K | 3.7 mi |
| THE TURLEY UNITED METHODIST CHURCH INCORPORATED Tulsa · 1 employees | $70K | 3.8 mi |
| GRACE APOSTOLIC TEMPLE, INC. Tulsa · 6 employees | $704K | 3.9 mi |
| NDE, INC. Tulsa · 2 employees | $506K | 4.1 mi |
| NORTH POINT UNITED PENTECOSTAL CHURCH, INC. Sperry · 1 employees | $132K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $717K |
Calibrated: revenue lowered to 58% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $472K – $818K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingThe Central Trust BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| The Central Trust Bank PPP 2020 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $81K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornerstone Free Will Baptist Church of Owasso Inc.
Cornerstone Free Will Baptist Church of Owasso Inc. is a churches & nonprofits company in Sperry, Oklahoma, in business since 2014. Its estimated annual revenue is about $2.4M, with roughly $717K of EBITDA. It has about 20 employees.
Common questions
- Who owns Cornerstone Free Will Baptist Church of Owasso Inc.?
- The owner of Cornerstone Free Will Baptist Church of Owasso Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Cornerstone Free Will Baptist Church of Owasso Inc. make?
- SeeBITDA estimates Cornerstone Free Will Baptist Church of Owasso Inc.'s annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Cornerstone Free Will Baptist Church of Owasso Inc. have?
- About 20, as reported on its PPP loan.
- When was Cornerstone Free Will Baptist Church of Owasso Inc. founded?
- Cornerstone Free Will Baptist Church of Owasso Inc. has been in business since 2014.