Fc Cornerstone Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,891,762 | 4,123,299 | −231,537 | 7.3 | 63% |
| 2021 | 3,029,187 | 4,032,737 | −1,003,550 | 5.3 | 59% |
| 2022 | 5,557,928 | 4,251,767 | 1,306,161 | 9.9 | 60% |
| 2023 | 5,714,630 | 4,901,086 | 813,544 | 11.1 | 55% |
In its most recent public year (2023), this organization brought in $813,544 more than it spent. Its reserves stood at about 11.1 months of spending, up from 7.3 in 2020. Staff pay was 55% of spending. $272,917 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works