Cornerstone Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 260,529 | 205,169 | 55,360 | 11.3 | 68% |
| 2021 | 210,522 | 219,780 | −9,258 | 10.0 | 64% |
| 2022 | 216,620 | 227,554 | −10,934 | 9.1 | 67% |
| 2023 | 319,236 | 243,897 | 75,339 | 12.2 | 70% |
In its most recent public year (2023), this organization brought in $75,339 more than it spent. Its reserves stood at about 12.2 months of spending. Staff pay was 70% 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 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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