Cornerstone Recovering Community
EIN: 364072867 · Cntry Clb Hls, IL · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $967K |
| Total Expenses | $1.4M |
| Net Assets | $61K |
Is Cornerstone Recovering Community Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Recovering Community
Cornerstone Recovering Community (EIN: 364072867) is a nonprofit organization based in Cntry Clb Hls, IL, classified under NTEE code F20. The organization reported total revenue of $967K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Recovering Community's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Recovering Community is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$61K |
| Total Assets | $133K |
| Total Liabilities | $72K |
| Net Assets | $61K |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 54.0% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2023, Cornerstone Recovering Community reported a surplus of $61K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 54.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Cornerstone Recovering Community's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.9% | +1.1% | +40.0% |
| 2021 | -21.6% | -25.2% | -17.5% |
| 2020 | -8.5% | +17.8% | +220.9% |
| 2019 | -5.0% | +23.3% | -89.8% |
| 2018 | +18.1% | +21.5% | +433.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cornerstone Recovering Community has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cornerstone Recovering Community with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.0%.
Frequently Asked Questions about Cornerstone Recovering Community
Is Cornerstone Recovering Community a legitimate charity?
Cornerstone Recovering Community (EIN: 364072867) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $967K. No red flags identified. Financial health grade: B.
How does Cornerstone Recovering Community spend its money?
Cornerstone Recovering Community reported $967K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cornerstone Recovering Community tax-deductible?
Cornerstone Recovering Community is registered as a tax-exempt nonprofit (EIN: 364072867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone Recovering Community located?
Cornerstone Recovering Community is headquartered in Cntry Clb Hls, Illinois and files with the IRS under EIN 364072867. It is classified under NTEE code F20.
How many years of IRS 990 filings does Cornerstone Recovering Community have?
Cornerstone Recovering Community has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $967K in total revenue.
Filing History
IRS 990 filing history for Cornerstone Recovering Community showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Cornerstone Recovering Community's revenue has grown by 47.2%, moving from $1.0M to $1.5M. Total assets decreased by 24.3% over the same period, from $176K to $133K. Total functional expenses rose by 42.2%, from $1.0M to $1.4M. In its most recent filing year (2023), Cornerstone Recovering Community reported a surplus of $61K, with revenue exceeding expenses. The organization holds $72K in liabilities against $133K in assets (debt-to-asset ratio: 54.0%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $133K | $72K | — | — |
| 2021 | $1.1M | $1.4M | $95K | $280K | — | View 990 |
| 2020 | $1.5M | $1.9M | $115K | $188K | — | View 990 |
| 2019 | $1.6M | $1.6M | $36K | $13K | — | View 990 |
| 2018 | $1.7M | $1.3M | $354K | $10K | — | View 990 |
| 2017 | $1.4M | $1.1M | $66K | $33K | — | — |
| 2016 | $1.4M | $1.4M | $27K | $12K | — | — |
| 2015 | $1.2M | $1.1M | $43K | $35K | — | View 990 |
| 2014 | $1.3M | $1.4M | $41K | $91K | — | — |
| 2013 | $1.5M | $1.5M | $84K | $83K | — | View 990 |
| 2012 | $1.1M | $1.1M | $72K | $78K | — | View 990 |
| 2011 | $1.0M | $1.0M | $176K | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $133K (revenue +29.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.4M, and assets of $95K (revenue -21.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.9M, and assets of $115K (revenue -8.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $36K (revenue -5.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.3M, and assets of $354K (revenue +18.1% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.1M, and assets of $66K (revenue +3.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $27K (revenue +17.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $43K (revenue -12.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $41K (revenue -12.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $84K (revenue +42.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $72K (revenue +5.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Recovering Community:
Data Sources and Methodology
This transparency report for Cornerstone Recovering Community is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.