Cornerstone West Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 570,489 | 564,487 | 6,002 | 21.7 | 39% |
| 2012 | 1,568,804 | 1,011,207 | 557,597 | 18.7 | 25% |
| 2013 | 965,739 | 615,675 | 350,064 | 35.4 | 47% |
| 2014 | 520,601 | 459,441 | 61,160 | 49.1 | 57% |
| 2015 | 400,692 | 761,991 | −361,299 | 23.9 | 32% |
| 2016 | 778,734 | 539,068 | 239,666 | 39.1 | 34% |
| 2017 | 313,846 | 581,655 | −267,809 | 30.7 | 38% |
| 2018 | 1,000,065 | 633,676 | 366,389 | 35.1 | 34% |
| 2019 | 358,536 | 695,969 | −337,433 | 26.2 | 27% |
| 2020 | 768,829 | 733,807 | 35,022 | 25.4 | 24% |
| 2021 | 1,532,987 | 1,276,050 | 256,937 | 17.2 | 23% |
| 2022 | 1,403,158 | 1,662,471 | −259,313 | 11.3 | 21% |
| 2023 | 1,179,736 | 1,702,663 | −522,927 | 7.4 | 28% |
In its most recent public year (2023), this organization spent $522,927 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 21.7 in 2011. Staff pay was 28% of spending. $276,819 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 West Community Development 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