Cornerstone Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,108,932 | 931,152 | 177,780 | 30.9 | 55% |
| 2012 | 941,960 | 1,279,314 | −337,354 | 19.4 | 54% |
| 2013 | 1,453,412 | 1,451,915 | 1,497 | 17.3 | 55% |
| 2014 | 1,486,362 | 1,368,179 | 118,183 | 19.4 | 55% |
| 2015 | 1,614,558 | 1,544,289 | 70,269 | 18.9 | 52% |
| 2016 | 1,620,521 | 1,619,982 | 539 | 18.0 | 50% |
| 2017 | 1,914,175 | 1,769,355 | 144,820 | 17.5 | 46% |
| 2018 | 2,127,726 | 2,031,035 | 96,691 | 15.8 | 51% |
| 2019 | 2,639,557 | 2,291,059 | 348,498 | 15.8 | 50% |
| 2020 | 2,894,365 | 1,824,866 | 1,069,499 | 28.2 | 52% |
| 2021 | 3,866,660 | 2,157,901 | 1,708,759 | 33.3 | 45% |
| 2022 | 3,358,091 | 2,903,716 | 454,375 | 25.8 | 52% |
| 2023 | 4,728,158 | 3,687,728 | 1,040,430 | 24.3 | 49% |
In its most recent public year (2023), this organization brought in $1,040,430 more than it spent. Its reserves stood at about 24.3 months of spending, down from 30.9 in 2011. Staff pay was 49% of spending. $1,436,254 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
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