Cornerstone College Of Virginia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 579,629 | 397,893 | 181,736 | 20.3 | 53% |
| 2021 | 358,367 | 520,113 | −161,746 | 11.1 | 42% |
| 2022 | 377,765 | 566,289 | −188,524 | 5.7 | 48% |
| 2023 | 141,620 | 489,928 | −348,308 | -1.7 | 21% |
| 2024 | 2,098,175 | 505,272 | 1,592,903 | 36.5 | 49% |
In its most recent public year (2024), this organization brought in $1,592,903 more than it spent. Its reserves stood at about 36.5 months of spending, up from 20.3 in 2020. Staff pay was 49% of spending.
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 2024. 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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