Cornerstone Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 80,220 | 81,705 | −1,485 | -2.5 | — |
| 2019 | 86,806 | 115,111 | −28,305 | -4.7 | — |
| 2020 | 100,450 | 90,101 | 10,349 | -4.6 | — |
| 2021 | 46,065 | 67,469 | −21,404 | -10.0 | — |
| 2022 | 61,543 | 22,421 | 39,122 | -9.1 | — |
| 2023 | 55,568 | 37,365 | 18,203 | 0.4 | — |
In its most recent public year (2023), this organization brought in $18,203 more than it spent. Its reserves stood at about 0.4 months of spending, up from -2.5 in 2018.
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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