The Cornerstone Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,514,030 | 1,539,801 | −25,771 | 5.0 | 76% |
| 2012 | 1,618,677 | 1,604,667 | 14,010 | 4.9 | 75% |
| 2013 | 1,642,561 | 1,672,489 | −29,928 | 4.6 | 74% |
| 2014 | 3,447,339 | 1,913,796 | 1,533,543 | 13.7 | 72% |
| 2015 | 2,620,074 | 2,206,318 | 413,756 | 14.1 | 74% |
| 2016 | 2,344,455 | 2,504,701 | −160,246 | 11.6 | 71% |
| 2017 | 3,116,594 | 3,319,562 | −202,968 | 8.3 | 43% |
| 2018 | 2,760,443 | 3,143,803 | −383,360 | 7.4 | 43% |
| 2019 | 4,238,691 | 3,404,113 | 834,578 | 9.8 | 44% |
| 2020 | 3,161,959 | 3,487,449 | −325,490 | 8.1 | 45% |
| 2021 | 4,824,093 | 3,831,308 | 992,785 | 11.7 | 41% |
| 2022 | 8,243,681 | 4,050,124 | 4,193,557 | 21.2 | 39% |
| 2023 | 4,719,059 | 4,489,631 | 229,428 | 20.7 | 42% |
In its most recent public year (2023), this organization brought in $229,428 more than it spent. Its reserves stood at about 20.7 months of spending, up from 5 in 2011. Staff pay was 42% of spending. $6,497,290 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
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