Cornerstone Vna
Cornerstone Vna shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 20231026 · Rochester, NH · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.7M |
| Total Expenses | $18.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $14.7M |
| Transparency Score | 92/100 |
Is Cornerstone Vna Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cornerstone Vna directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cornerstone Vna
Cornerstone Vna (EIN: 20231026) is a nonprofit organization based in Rochester, NH, classified under NTEE code E60. The organization reported total revenue of $21.7M and total assets of $18.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Vna's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Vna is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.4M |
| Total Expenses | $18.6M |
| Surplus / Deficit | +$814K |
| Total Assets | $17.9M |
| Total Liabilities | $3.1M |
| Net Assets | $14.7M |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Cornerstone Vna reported a surplus of $814K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cornerstone Vna's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +4.3% | +13.3% |
| 2022 | -15.9% | +6.0% | -8.3% |
| 2021 | +34.2% | +12.8% | +36.1% |
| 2020 | +14.7% | +16.8% | +48.4% |
| 2019 | +22.9% | +12.9% | +19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cornerstone Vna with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cornerstone Vna allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $814K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.4%.
Executive Compensation Analysis
Cornerstone Vna reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with over $19 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cornerstone Vna's IRS 990 filings:
- 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
The following positive indicators were identified for Cornerstone Vna:
- 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).
Frequently Asked Questions about Cornerstone Vna
Is Cornerstone Vna a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Vna (EIN: 20231026) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Cornerstone Vna spend its money?
Cornerstone Vna directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cornerstone Vna tax-deductible?
Cornerstone Vna is registered as a tax-exempt nonprofit (EIN: 20231026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cornerstone Vna CEO make?
Cornerstone Vna's highest-compensated officer earns $19 annually. The organization reported $21.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cornerstone Vna's spending goes to programs?
Cornerstone Vna directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cornerstone Vna compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cornerstone Vna is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cornerstone Vna located?
Cornerstone Vna is headquartered in Rochester, New Hampshire and files with the IRS under EIN 20231026. It is classified under NTEE code E60.
How many years of IRS 990 filings does Cornerstone Vna have?
Cornerstone Vna has 13 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 $21.7M in total revenue.
Is Cornerstone Vna a good charity?
Based on the available financial data, Cornerstone Vna appears to be a very good charity. It demonstrates strong financial growth, maintains a healthy asset base, and consistently operates with a surplus. The absence of reported officer compensation is a significant positive indicator of its commitment to directing resources towards its mission.
How has Cornerstone Vna's revenue grown over time?
Cornerstone Vna has experienced substantial revenue growth, increasing from $9,214,534 in 2014 to $19,435,472 in 2023, representing more than a doubling of its annual income over a decade.
What is the trend in Cornerstone Vna's assets?
The organization's assets have shown a strong upward trend, growing from $5,553,418 in 2014 to $17,866,068 in 2023, indicating significant financial stability and capacity.
Does Cornerstone Vna have high executive compensation?
No, Cornerstone Vna reports 0% officer compensation in all provided filings, suggesting that no compensation was paid to its officers, directors, trustees, or key employees.
Filing History
IRS 990 filing history for Cornerstone Vna showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cornerstone Vna's revenue has grown by 218.8%, moving from $6.1M to $19.4M. Total assets increased by 258.9% over the same period, from $5.0M to $17.9M. Total functional expenses rose by 200.9%, from $6.2M to $18.6M. In its most recent filing year (2023), Cornerstone Vna reported a surplus of $814K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $17.9M in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $14.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.4M | $18.6M | $17.9M | $3.1M | — | View 990 |
| 2022 | $18.2M | $17.9M | $15.8M | $2.8M | — | — |
| 2021 | $21.6M | $16.8M | $17.2M | $3.1M | — | View 990 |
| 2020 | $16.1M | $14.9M | $12.6M | $4.1M | — | — |
| 2019 | $14.0M | $12.8M | $8.5M | $1.7M | — | View 990 |
| 2018 | $11.4M | $11.3M | $7.1M | $1.8M | — | View 990 |
| 2017 | $11.6M | $11.0M | $7.0M | $1.7M | — | View 990 |
| 2016 | $10.8M | $10.6M | $6.1M | $1.5M | — | View 990 |
| 2015 | $9.8M | $9.8M | $5.8M | $1.4M | — | View 990 |
| 2014 | $9.2M | $9.4M | $5.6M | $1.1M | — | View 990 |
| 2013 | $8.4M | $8.1M | $5.7M | $1.1M | — | View 990 |
| 2012 | $7.1M | $6.8M | $5.4M | $1.2M | — | View 990 |
| 2011 | $6.1M | $6.2M | $5.0M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.4M, expenses of $18.6M, and assets of $17.9M (revenue +6.9% year-over-year).
- 2022: Revenue of $18.2M, expenses of $17.9M, and assets of $15.8M (revenue -15.9% year-over-year).
- 2021: Revenue of $21.6M, expenses of $16.8M, and assets of $17.2M (revenue +34.2% year-over-year).
- 2020: Revenue of $16.1M, expenses of $14.9M, and assets of $12.6M (revenue +14.7% year-over-year).
- 2019: Revenue of $14.0M, expenses of $12.8M, and assets of $8.5M (revenue +22.9% year-over-year).
- 2018: Revenue of $11.4M, expenses of $11.3M, and assets of $7.1M (revenue -1.7% year-over-year).
- 2017: Revenue of $11.6M, expenses of $11.0M, and assets of $7.0M (revenue +7.4% year-over-year).
- 2016: Revenue of $10.8M, expenses of $10.6M, and assets of $6.1M (revenue +10.3% year-over-year).
- 2015: Revenue of $9.8M, expenses of $9.8M, and assets of $5.8M (revenue +6.4% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.4M, and assets of $5.6M (revenue +10.1% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.1M, and assets of $5.7M (revenue +17.7% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.8M, and assets of $5.4M (revenue +16.6% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.2M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Vna:
Data Sources and Methodology
This transparency report for Cornerstone Vna 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.