Cornerstone Credit Union Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 666,134 | 573,574 | 92,560 | 36.0 | 11% |
| 2012 | 579,323 | 630,606 | −51,283 | 31.8 | 11% |
| 2013 | 663,818 | 684,341 | −20,523 | 35.5 | 9% |
| 2014 | 763,980 | 678,388 | 85,592 | 37.3 | 10% |
| 2015 | 824,088 | 805,326 | 18,762 | 32.0 | 8% |
| 2016 | 764,577 | 834,336 | −69,759 | 28.9 | 8% |
| 2017 | 2,902,685 | 2,997,876 | −95,191 | 7.7 | 3% |
| 2018 | 1,086,303 | 1,018,443 | 67,860 | 23.4 | 16% |
| 2019 | 1,049,845 | 1,281,110 | −231,265 | 16.4 | 35% |
| 2020 | 1,083,758 | 1,207,059 | −123,301 | 16.2 | 37% |
| 2021 | 1,218,542 | 1,289,390 | −70,848 | 14.5 | 34% |
| 2022 | 1,281,131 | 1,131,957 | 149,174 | 18.1 | 39% |
| 2023 | 1,652,357 | 1,514,949 | 137,408 | 21.8 | 24% |
In its most recent public year (2023), this organization brought in $137,408 more than it spent. Its reserves stood at about 21.8 months of spending, down from 36 in 2011. Staff pay was 24% of spending. $732,549 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
Cornerstone Credit Union Foundation'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