Cornerstone Academy Community School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,880,174 | 3,076,280 | −196,106 | -8.5 | 0% |
| 2012 | 3,527,582 | 3,236,660 | 290,922 | -7.0 | 3% |
| 2013 | 4,061,888 | 5,064,654 | −1,002,766 | -6.9 | 0% |
| 2014 | 4,411,492 | 4,685,017 | −273,525 | -8.1 | 33% |
| 2015 | 5,153,375 | 5,018,775 | 134,600 | -16.4 | 32% |
| 2016 | 6,365,524 | 5,235,418 | 1,130,106 | -13.1 | 34% |
| 2017 | 5,917,340 | 5,811,190 | 106,150 | -11.6 | 33% |
| 2018 | 6,176,949 | 3,690,104 | 2,486,845 | -13.4 | 56% |
| 2019 | 6,983,368 | 5,592,300 | 1,391,068 | -6.5 | 44% |
| 2020 | 8,583,136 | 7,456,019 | 1,127,117 | -3.0 | 37% |
| 2021 | 10,436,135 | 9,211,399 | 1,224,736 | -0.9 | 36% |
| 2022 | 12,231,060 | 9,444,553 | 2,786,507 | 2.7 | 35% |
| 2023 | 12,572,969 | 13,337,534 | −764,565 | 1.2 | 30% |
In its most recent public year (2023), this organization spent $764,565 more than it brought in. Its reserves stood at about 1.2 months of spending, up from -8.5 in 2011. Staff pay was 30% 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
Cornerstone Academy Community School'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