Cornerstone Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 226,989 | 217,381 | 9,608 | 34.3 | 17% |
| 2013 | 253,281 | 236,446 | 16,835 | 32.4 | 20% |
| 2014 | 233,236 | 248,968 | −15,732 | 30.1 | 21% |
| 2015 | 273,422 | 241,763 | 31,659 | 32.0 | 23% |
| 2016 | 242,548 | 287,628 | −45,080 | 25.0 | 20% |
| 2017 | 250,280 | 229,302 | 20,978 | 32.5 | 22% |
| 2018 | 103,218 | 142,995 | −39,777 | 49.4 | 24% |
| 2019 | 497,055 | 343,780 | 153,275 | 25.9 | 30% |
| 2020 | 499,207 | 362,439 | 136,768 | 12.4 | 21% |
| 2021 | 992,544 | 560,812 | 431,732 | 17.3 | 29% |
| 2022 | 957,441 | 663,383 | 294,058 | 19.9 | 26% |
| 2023 | 506,783 | 637,420 | −130,637 | 18.3 | 26% |
In its most recent public year (2023), this organization spent $130,637 more than it brought in. Its reserves stood at about 18.3 months of spending, down from 34.3 in 2012. Staff pay was 26% of spending. $164,416 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
Cornerstone Corporation'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