Cornerstone Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,052,909 | 1,027,055 | 25,854 | 9.6 | 51% |
| 2013 | 1,459,811 | 1,257,339 | 202,472 | 9.3 | 49% |
| 2014 | 1,338,091 | 1,364,484 | −26,393 | 8.3 | 48% |
| 2015 | 1,277,004 | 1,259,367 | 17,637 | 9.2 | 57% |
| 2016 | 8,393,489 | 1,460,570 | 6,932,919 | 64.9 | 0% |
| 2017 | 10,545,206 | 1,923,342 | 8,621,864 | 104.1 | 54% |
| 2018 | 28,268,032 | 2,446,861 | 25,821,171 | 208.1 | 60% |
| 2019 | 20,557,087 | 5,332,118 | 15,224,969 | 129.3 | 48% |
| 2020 | 21,244,598 | 7,888,645 | 13,355,953 | 107.7 | 49% |
| 2021 | 25,507,605 | 15,479,861 | 10,027,744 | 62.7 | 38% |
| 2022 | 28,492,042 | 17,366,086 | 11,125,956 | 63.1 | 38% |
| 2023 | 22,282,322 | 20,719,373 | 1,562,949 | 54.2 | 39% |
In its most recent public year (2023), this organization brought in $1,562,949 more than it spent. Its reserves stood at about 54.2 months of spending, up from 9.6 in 2012. Staff pay was 39% 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 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