Cornerstones Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,863,794 | 7,466,621 | 397,173 | 3.1 | 59% |
| 2013 | 8,242,728 | 8,109,939 | 132,789 | 3.1 | 58% |
| 2014 | 8,740,096 | 8,772,295 | −32,199 | 2.8 | 59% |
| 2015 | 9,615,770 | 9,346,343 | 269,427 | 2.9 | 55% |
| 2016 | 9,125,926 | 9,582,101 | −456,175 | 2.3 | 56% |
| 2017 | 9,623,301 | 8,926,925 | 696,376 | 3.4 | 57% |
| 2018 | 9,634,223 | 9,225,408 | 408,815 | 3.8 | 58% |
| 2019 | 10,108,292 | 9,988,167 | 120,125 | 3.7 | 58% |
| 2020 | 10,608,810 | 10,368,663 | 240,147 | 3.8 | 58% |
| 2021 | 15,431,284 | 15,132,065 | 299,219 | 2.9 | 47% |
| 2022 | 18,767,250 | 16,780,686 | 1,986,564 | 4.0 | 42% |
| 2023 | 15,305,708 | 16,027,487 | −721,779 | 3.7 | 41% |
In its most recent public year (2023), this organization spent $721,779 more than it brought in. Its reserves stood at about 3.7 months of spending. Staff pay was 41% of spending. $569,175 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
Cornerstones Inc'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