Cornerstone Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 340,347 | 322,481 | 17,866 | 2.5 | 62% |
| 2012 | 341,715 | 339,864 | 1,851 | 2.5 | 53% |
| 2013 | 335,136 | 332,631 | 2,505 | 2.6 | 53% |
| 2014 | 337,572 | 341,381 | −3,809 | 2.4 | 55% |
| 2015 | 342,660 | 345,182 | −2,522 | 2.3 | 58% |
| 2016 | 369,721 | 350,764 | 18,957 | 2.9 | 56% |
| 2017 | 361,942 | 354,111 | 7,831 | 3.2 | 59% |
| 2018 | 402,598 | 362,073 | 40,525 | 4.5 | 60% |
| 2019 | 323,658 | 350,746 | −27,088 | 3.7 | 56% |
| 2020 | 361,153 | 357,301 | 3,852 | 3.8 | 62% |
| 2021 | 382,039 | 357,474 | 24,565 | 4.6 | 63% |
| 2022 | 457,922 | 422,167 | 35,755 | 4.9 | 57% |
| 2023 | 342,767 | 342,995 | −228 | 6.0 | 64% |
In its most recent public year (2023), this organization spent $228 more than it brought in. Its reserves stood at about 6 months of spending, up from 2.5 in 2011. Staff pay was 64% 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'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