Cornerstone For Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 20,073 | 6,138 | 13,935 | 27.2 | — |
| 2018 | 211,081 | 2,795 | 208,286 | 954.1 | 0% |
| 2019 | 69,084 | 121,163 | −52,079 | 16.9 | — |
| 2020 | 151,565 | 102,531 | 49,034 | 25.7 | 35% |
| 2021 | 93,623 | 146,686 | −53,063 | 13.6 | — |
| 2022 | 236,927 | 254,697 | −17,770 | 7.0 | 37% |
| 2023 | 226,245 | 247,591 | −21,346 | 6.2 | 44% |
In its most recent public year (2023), this organization spent $21,346 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 27.2 in 2017. Staff pay was 44% 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 For Hope'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