Quick charity verification for Cornerstone Vna (EIN: 20231026)
Verdict: Cornerstone Vna appears trustworthy
92/100Mission Score
$21.7MRevenue
$18.7MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation for an organization of this size, which could indicate compensation is reported under other categories or a unique operational structure.
Strengths
Consistent and significant revenue growth over the past decade (from $9.2M in 2014 to $19.4M in 2023).
Strong growth in assets, indicating increasing financial stability (from $5.5M in 2014 to $17.8M in 2023).
Consistent positive operating margins in most years, demonstrating sound financial management (e.g., $813,921 surplus in 2023).
No reported officer compensation, suggesting a strong commitment to directing funds to programs.
Healthy asset-to-liability ratio, indicating good financial solvency (e.g., $17.8M assets vs. $3.1M liabilities in 2023).
Spending Breakdown
How Cornerstone Vna allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cornerstone Vna
Is Cornerstone Vna a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Vna (EIN: 20231026) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Cornerstone Vna a good charity to donate to?
Cornerstone Vna has a Mission Score of 92/100. Revenue: $21.7M. Assets: $18.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cornerstone Vna?
The Employer Identification Number (EIN) for Cornerstone Vna is 20231026. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cornerstone Vna spend its money?
Cornerstone Vna allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cornerstone Vna's tax-exempt status?
You can verify Cornerstone Vna's tax-exempt status using EIN 20231026 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cornerstone Vna demonstrates a consistent pattern of strong financial health and efficient spending, particularly in its program services. Over the past decade, the organization has shown remarkable growth in revenue, from $9.2 million in 2014 to over $19.4 million in 2023, indicating robust community support and effective service delivery. Their asset base has also grown significantly, from $5.5 million to $17.8 million in the same period, providing a solid foundation for future operations.
The organization consistently allocates a high percentage of its expenses directly to program services, as evidenced by the typical spending breakdown. This commitment to mission-related activities, combined with a healthy operating margin in most years (e.g., $813,921 surplus in 2023), suggests sound financial management. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a focus on directing resources to services rather than executive pay.
While specific details on administrative and fundraising costs are not provided in the summary data, the overall financial picture points to an organization that is well-managed and fiscally responsible. The consistent growth, strong asset base, and apparent dedication to program spending contribute to a positive assessment of its financial health and operational efficiency.