The Cornerstone Bible College And Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 327,634 | 323,862 | 3,772 | 3.2 | 66% |
| 2012 | 343,782 | 336,083 | 7,699 | 3.3 | 64% |
| 2013 | 418,162 | 364,404 | 53,758 | 4.8 | 65% |
| 2014 | 422,732 | 426,372 | −3,640 | 4.0 | 60% |
| 2015 | 425,071 | 443,365 | −18,294 | 3.4 | 63% |
| 2016 | 316,342 | 413,930 | −97,588 | 0.8 | 52% |
| 2017 | 299,582 | 297,202 | 2,380 | 1.2 | 69% |
| 2018 | 89,215 | 114,051 | −24,836 | -0.3 | — |
| 2019 | 201,998 | 190,458 | 11,540 | 0.6 | 73% |
| 2020 | 217,724 | 249,363 | −31,639 | -1.1 | 54% |
| 2021 | 308,860 | 252,049 | 56,811 | 1.6 | 60% |
| 2022 | 275,827 | 323,431 | −47,604 | -0.5 | 58% |
| 2023 | 294,463 | 250,313 | 44,150 | 1.5 | 44% |
| 2024 | 307,945 | 310,806 | −2,861 | 1.1 | 44% |
In its most recent public year (2024), this organization spent $2,861 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 3.2 in 2011. Staff pay was 44% 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 2024. 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
The Cornerstone Bible College And Seminary's IRS filings as a feed — one entry per filing year, through 2024. 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