Cornerstone Christian School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,213 | 43,494 | −15,281 | 190.2 | 0% |
| 2012 | 667,903 | 396,166 | 271,737 | 32.2 | 0% |
| 2013 | 210,941 | 157,076 | 53,865 | 81.0 | 0% |
| 2014 | 77,415 | 195,236 | −117,821 | 55.1 | 0% |
| 2015 | 31,175 | 93,641 | −62,466 | 99.9 | 0% |
| 2016 | 29,699 | 89,566 | −59,867 | 102.5 | 0% |
| 2017 | 38,140 | 199,581 | −161,441 | 40.5 | 0% |
| 2018 | 60,292 | 44,169 | 16,123 | 165.7 | 0% |
| 2019 | 25,085 | 70,953 | −45,868 | 111.4 | 0% |
| 2020 | 96,236 | 3,694 | 92,542 | 2295.5 | 0% |
| 2021 | 38,370 | 44,212 | −5,842 | 203.3 | 0% |
| 2022 | 825 | 3,862 | −3,037 | 1887.3 | 0% |
| 2023 | 19,469 | 3,717 | 15,752 | 2263.2 | 0% |
In its most recent public year (2023), this organization brought in $15,752 more than it spent. Its reserves stood at about 2263.2 months of spending, up from 190.2 in 2011. Staff pay was 0% of spending. $701,014 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
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