Cornerstone Medical Services Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 233,165 | 140,408 | 92,757 | 10.4 | 20% |
| 2014 | 371,740 | 501,422 | −129,682 | -0.2 | 43% |
| 2015 | 488,230 | 498,480 | −10,250 | -0.4 | 48% |
| 2016 | 290,587 | 270,492 | 20,095 | 0.1 | 9% |
| 2017 | 294,327 | 247,595 | 46,732 | 2.4 | 21% |
| 2018 | 152,949 | 154,535 | −1,586 | 3.6 | 2% |
| 2022 | 115,405 | 10,554 | 104,851 | 131.3 | 0% |
| 2023 | 45,028 | 108,292 | −63,264 | 5.8 | 0% |
In its most recent public year (2023), this organization spent $63,264 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 10.4 in 2013. Staff pay was 0% of spending. $9,554 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 Medical Services 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