Cornerstone Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,424,365 | 1,296,397 | 127,968 | 8.2 | 67% |
| 2013 | 1,701,948 | 1,430,834 | 271,114 | 9.7 | 63% |
| 2014 | 1,833,909 | 1,599,293 | 234,616 | 10.5 | 61% |
| 2015 | 2,723,470 | 1,901,033 | 822,437 | 14.0 | 58% |
| 2016 | 3,062,612 | 2,575,571 | 487,041 | 12.6 | 51% |
| 2017 | 3,300,145 | 3,043,589 | 256,556 | 11.7 | 48% |
| 2018 | 3,662,278 | 3,401,003 | 261,275 | 11.4 | 46% |
| 2019 | 3,525,462 | 3,186,378 | 339,084 | 13.4 | 44% |
| 2020 | 3,624,736 | 3,298,734 | 326,002 | 14.1 | 42% |
| 2021 | 3,834,687 | 3,330,406 | 504,281 | 15.8 | 52% |
| 2022 | 3,860,564 | 3,312,152 | 548,412 | 17.9 | 54% |
| 2023 | 3,803,234 | 3,631,402 | 171,832 | 16.8 | 51% |
In its most recent public year (2023), this organization brought in $171,832 more than it spent. Its reserves stood at about 16.8 months of spending, up from 8.2 in 2012. Staff pay was 51% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works