Cornerstone Academy And Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,225,258 | 1,355,927 | −130,669 | 2.2 | 0% |
| 2012 | 1,333,265 | 1,420,496 | −87,231 | 1.4 | 0% |
| 2013 | 1,181,763 | 1,465,358 | −283,595 | -0.9 | 59% |
| 2014 | 1,237,007 | 1,223,348 | 13,659 | -0.9 | 63% |
| 2016 | 1,118,749 | 1,174,289 | −55,540 | -1.6 | 62% |
| 2017 | 1,171,200 | 1,117,674 | 53,526 | -1.1 | 70% |
| 2018 | 1,208,776 | 1,208,490 | 286 | -1.0 | 69% |
| 2020 | 1,153,856 | 1,015,995 | 137,861 | 0.7 | 65% |
| 2021 | 966,744 | 1,011,178 | −44,434 | 0.2 | 65% |
| 2022 | 1,294,422 | 1,097,837 | 196,585 | 2.3 | 69% |
| 2023 | 1,402,992 | 1,237,857 | 165,135 | 3.7 | 68% |
In its most recent public year (2023), this organization brought in $165,135 more than it spent. Its reserves stood at about 3.7 months of spending, up from 2.2 in 2011. 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 Academy And Ministries 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