Cornerstone Christian Academy For Learning And Leadership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 8,224,669 | 3,643,535 | 4,581,134 | 17.8 | 50% |
| 2020 | 3,825,261 | 3,651,538 | 173,723 | 18.3 | 51% |
| 2021 | 8,100,222 | 3,364,733 | 4,735,489 | 35.8 | 55% |
| 2022 | 6,016,582 | 3,591,449 | 2,425,133 | 41.7 | 59% |
| 2023 | 4,430,724 | 4,968,145 | −537,421 | 28.8 | 51% |
In its most recent public year (2023), this organization spent $537,421 more than it brought in. Its reserves stood at about 28.8 months of spending, up from 17.8 in 2019. Staff pay was 51% of spending. $326,470 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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