Cornerstone Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,021 | 31,067 | 26,954 | 25.7 | — |
| 2020 | 47,481 | 32,667 | 14,814 | 29.9 | — |
| 2021 | 57,740 | 59,005 | −1,265 | 16.3 | — |
| 2022 | 72,824 | 65,584 | 7,240 | 16.1 | — |
| 2023 | 72,641 | 78,409 | −5,768 | 12.6 | — |
In its most recent public year (2023), this organization spent $5,768 more than it brought in. Its reserves stood at about 12.6 months of spending, down from 25.7 in 2019.
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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