Quick charity verification for The Cornerstone Foundation Incorporated (EIN: 222587192)
Verdict: The Cornerstone Foundation Incorporated appears trustworthy
85/100Mission Score
$2.7MRevenue
$831KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong program efficiency with 85% of expenses dedicated to programs in 2023.
Consistent revenue growth observed over the past several years, from $942,403 in 2016 to $2,867,751 in 2023.
Healthy asset base of $720,971 in 2023, showing financial stability.
Low liabilities relative to assets, indicating good financial health.
AI Transparency Report
The Cornerstone Foundation Incorporated is a unknown nonprofit based in Vernon, Connecticut, with reported revenue of $2.7M and assets of $831K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold for key employees, suggesting a volunteer or minimally compensated leadership structure. Revenue has grown +493% across 13 filing periods.