Cornerstone Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,458,984 | 5,807,273 | −348,289 | 39.3 | 0% |
| 2012 | 5,650,653 | 5,050,859 | 599,794 | 44.6 | 0% |
| 2013 | 1,924,968 | 816,223 | 1,108,745 | 302.9 | 0% |
| 2014 | 1,298,384 | 838,204 | 460,180 | 324.3 | 0% |
| 2015 | 3,322,886 | 1,010,278 | 2,312,608 | 264.6 | 0% |
| 2016 | −799,620 | 688,071 | −1,487,691 | 363.6 | 0% |
| 2017 | 386,467 | 866,243 | −479,776 | 291.7 | 0% |
| 2018 | 332,487 | 966,500 | −634,013 | 258.2 | 0% |
| 2019 | 785,217 | 915,052 | −129,835 | 270.0 | 0% |
| 2020 | 513,599 | 828,467 | −314,868 | 295.0 | 0% |
| 2021 | 753,222 | 453,201 | 300,021 | 593.8 | 0% |
| 2022 | 2,125,942 | 630,305 | 1,495,637 | 401.8 | 0% |
| 2023 | 1,877,324 | 687,957 | 1,189,367 | 420.1 | 0% |
In its most recent public year (2023), this organization brought in $1,189,367 more than it spent. Its reserves stood at about 420.1 months of spending, up from 39.3 in 2011. Staff pay was 0% of spending. $9,226,186 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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