Cornerstone Mission Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 689,203 | 622,477 | 66,726 | 9.6 | 38% |
| 2021 | 1,015,315 | 892,437 | 122,878 | 8.3 | 34% |
| 2022 | 865,411 | 816,719 | 48,692 | 9.3 | 48% |
| 2023 | 640,807 | 769,975 | −129,168 | 7.9 | 22% |
In its most recent public year (2023), this organization spent $129,168 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 9.6 in 2020. Staff pay was 22% of spending. $5,240 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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