Cornerstone Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 242,757 | 1,224,116 | −981,359 | -14.8 | 0% |
| 2012 | 1,064,485 | 1,367,569 | −303,084 | -15.9 | 0% |
| 2013 | 449,335 | 975,630 | −526,295 | -25.6 | 0% |
| 2014 | 1,048,008 | 1,877,928 | −829,920 | -18.6 | 0% |
| 2015 | 1,045,426 | 1,822,678 | −777,252 | -24.3 | 0% |
| 2016 | 479,805 | 1,633,472 | −1,153,667 | -35.6 | 6% |
| 2017 | 2,054,676 | 1,590,517 | 464,159 | -33.8 | 5% |
| 2018 | 1,618,009 | 1,633,758 | −15,749 | -33.0 | 6% |
| 2019 | 1,809,730 | 1,575,029 | 234,701 | -32.5 | 4% |
| 2020 | 3,015,912 | 1,634,350 | 1,381,562 | -21.2 | 4% |
| 2021 | 1,354,530 | 1,460,735 | −106,205 | -24.5 | 1% |
| 2022 | 1,284,970 | 1,358,399 | −73,429 | -27.0 | 1% |
| 2023 | 2,040,987 | 3,539,557 | −1,498,570 | -15.5 | 1% |
In its most recent public year (2023), this organization spent $1,498,570 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.5 months). Staff pay was 1% of spending. $1,057,364 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Cornerstone Charitable Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works