Cornerstone Achievement Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 160,622 | 111,515 | 49,107 | 5.3 | — |
| 2019 | 186,301 | 203,922 | −17,621 | 1.9 | — |
| 2020 | 177,751 | 204,561 | −26,810 | 0.3 | — |
| 2021 | 220,455 | 207,131 | 13,324 | 1.0 | 63% |
| 2022 | 223,195 | 198,778 | 24,417 | 2.6 | 62% |
| 2023 | 185,759 | 189,261 | −3,502 | 2.5 | 68% |
In its most recent public year (2023), this organization spent $3,502 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 5.3 in 2018. Staff pay was 68% 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 Achievement Center'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