Cornerstone Charter Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,260 | 11,575 | −5,315 | -5.5 | 0% |
| 2013 | 3,828,089 | 2,897,854 | 930,235 | 3.8 | 46% |
| 2014 | 4,956,633 | 3,676,424 | 1,280,209 | 7.2 | 48% |
| 2015 | 5,836,305 | 4,717,762 | 1,118,543 | 7.2 | 48% |
| 2016 | 6,750,861 | 6,554,864 | 195,997 | 5.5 | 45% |
| 2018 | 9,526,453 | 9,864,830 | −338,377 | -9.5 | 42% |
| 2019 | 11,094,463 | 10,344,993 | 749,470 | -8.2 | 49% |
| 2020 | 11,665,217 | 11,459,942 | 205,275 | -7.2 | 46% |
| 2021 | 12,869,644 | 11,615,056 | 1,254,588 | -5.8 | 48% |
| 2022 | 13,898,113 | 12,085,015 | 1,813,098 | -4.4 | 52% |
| 2023 | 15,042,441 | 12,879,994 | 2,162,447 | -2.1 | 50% |
In its most recent public year (2023), this organization brought in $2,162,447 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), up from -5.5 in 2012. Staff pay was 50% 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
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