Cornerstone Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 752,703 | 727,410 | 25,293 | 5.0 | 64% |
| 2012 | 808,542 | 812,306 | −3,764 | 4.4 | 61% |
| 2013 | 909,982 | 853,773 | 56,209 | 5.0 | 62% |
| 2014 | 974,245 | 989,769 | −15,524 | 4.1 | 64% |
| 2015 | 1,018,231 | 1,010,123 | 8,108 | 4.2 | 63% |
| 2016 | 1,096,251 | 1,155,941 | −59,690 | 3.0 | 68% |
| 2018 | 1,575,273 | 1,432,025 | 143,248 | 5.0 | 61% |
| 2019 | 1,511,208 | 1,574,021 | −62,813 | 4.1 | 61% |
| 2020 | 1,239,237 | 1,417,060 | −177,823 | 3.2 | 64% |
| 2021 | 1,523,242 | 1,330,480 | 192,762 | 5.2 | 63% |
| 2022 | 1,635,563 | 1,521,700 | 113,863 | 5.5 | 62% |
| 2023 | 2,415,100 | 2,235,974 | 179,126 | 4.8 | 53% |
| 2024 | 2,170,520 | 2,442,086 | −271,566 | 3.0 | 60% |
In its most recent public year (2024), this organization spent $271,566 more than it brought in. Its reserves stood at about 3 months of spending, down from 5 in 2011. Staff pay was 60% 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
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