Cornerstone Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 618,201 | 499,370 | 118,831 | 29.6 | 47% |
| 2014 | 542,703 | 555,978 | −13,275 | 26.3 | 45% |
| 2015 | 1,185,562 | 519,185 | 666,377 | 43.5 | 40% |
| 2016 | 1,107,358 | 752,112 | 355,246 | 35.6 | 35% |
| 2017 | 966,689 | 866,070 | 100,619 | 32.3 | 45% |
| 2018 | 1,349,431 | 1,063,967 | 285,464 | 29.5 | 43% |
| 2019 | 1,513,280 | 1,193,828 | 319,452 | 29.5 | 0% |
| 2020 | 1,222,921 | 1,144,835 | 78,086 | 30.8 | 0% |
| 2021 | 1,911,358 | 1,298,646 | 612,712 | 32.4 | 0% |
| 2022 | 2,008,284 | 1,798,796 | 209,488 | 24.8 | 0% |
| 2023 | 15,224,457 | 2,274,696 | 12,949,761 | 87.9 | 0% |
In its most recent public year (2023), this organization brought in $12,949,761 more than it spent. Its reserves stood at about 87.9 months of spending, up from 29.6 in 2013. Staff pay was 0% of spending. $14,114,174 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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