Corner Stone Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,207,424 | 3,330,620 | −123,196 | 0.7 | 41% |
| 2012 | 3,198,283 | 3,211,311 | −13,028 | 0.7 | 46% |
| 2013 | 2,711,629 | 2,803,391 | −91,762 | 0.4 | 54% |
| 2014 | 3,089,473 | 2,586,043 | 503,430 | 2.7 | 54% |
| 2015 | 2,814,139 | 2,821,257 | −7,118 | 2.5 | 52% |
| 2016 | 3,638,078 | 3,677,040 | −38,962 | 1.8 | 53% |
| 2017 | 4,396,197 | 4,486,510 | −90,313 | 1.2 | 45% |
| 2018 | 5,015,892 | 4,646,386 | 369,506 | 2.1 | 44% |
| 2019 | 5,746,488 | 5,559,031 | 187,457 | 2.2 | 41% |
| 2020 | 7,190,178 | 7,057,598 | 132,580 | 1.9 | 39% |
| 2021 | 9,460,015 | 8,122,345 | 1,337,670 | 3.7 | 39% |
| 2022 | 9,715,504 | 9,236,775 | 478,729 | 3.8 | 38% |
| 2023 | 12,560,621 | 11,844,777 | 715,844 | 3.7 | 34% |
In its most recent public year (2023), this organization brought in $715,844 more than it spent. Its reserves stood at about 3.7 months of spending, up from 0.7 in 2011. Staff pay was 34% of spending. $209,868 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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