Cornerstone Assistance Network Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 370,332 | 381,223 | −10,891 | 0.0 | 19% |
| 2016 | 0 | 91,859 | −91,859 | -12.0 | — |
| 2017 | 46 | 55,503 | −55,457 | -31.8 | — |
| 2018 | 64 | 2,496 | −2,432 | -718.4 | — |
| 2019 | 1,152 | 462 | 690 | -3863.1 | — |
| 2020 | 585 | 0 | 585 | — | — |
| 2021 | 1,645 | 500 | 1,145 | -3528.0 | — |
| 2022 | 0 | 500 | −500 | -3540.0 | — |
| 2023 | 337 | 10 | 327 | -176606.4 | — |
In its most recent public year (2023), this organization brought in $327 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-176606.4 months), down from 0 in 2015.
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 Assistance Network Housing Development Corporation'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