Is Cornerstone A Catholic Scripture Legit?

Quick charity verification for Cornerstone A Catholic Scripture (EIN: 200336529)

Verdict: Cornerstone A Catholic Scripture appears trustworthy

85/100Mission Score
$104KRevenue
$86KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Cornerstone A Catholic Scripture demonstrates consistent financial transparency, with 10 years of IRS 990 filings available. The organization's financial health shows some variability; for instance, in the 202408 period, expenses ($98,985) exceeded revenue ($92,154), leading to a deficit. Similarly, in 202308, expenses ($95,364) significantly outpaced revenue ($74,923). However, the organization has maintained a positive asset base, with assets of $86,457 in the latest period and no reported liabilities across all filings, indicating a stable, albeit sometimes deficit-spending, operation. The consistent reporting of zero officer compensation suggests a volunteer-led or very lean administrative structure, which can contribute to spending efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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