Tulsa Cornerstone Assistance Network Inc
EIN: 731526353 · Tulsa, OK · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $559K |
| Total Expenses | $333K |
| Net Assets | $77K |
Is Tulsa Cornerstone Assistance Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tulsa Cornerstone Assistance Network Inc
Tulsa Cornerstone Assistance Network Inc (EIN: 731526353) is a nonprofit organization based in Tulsa, OK, classified under NTEE code P80. The organization reported total revenue of $559K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tulsa Cornerstone Assistance Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tulsa Cornerstone Assistance Network Inc is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $331K |
| Total Expenses | $333K |
| Surplus / Deficit | $-1,335 |
| Total Assets | $80K |
| Total Liabilities | $3K |
| Net Assets | $77K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2023, Tulsa Cornerstone Assistance Network Inc reported a deficit of $1K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tulsa Cornerstone Assistance Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | -4.2% | +1.7% |
| 2022 | +27.7% | -11.3% | +213.8% |
| 2021 | +20.9% | +88.0% | -74.8% |
| 2020 | +77.4% | +52.6% | +114.1% |
| 2019 | -24.0% | -48.5% | +29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tulsa Cornerstone Assistance Network Inc 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 Tulsa Cornerstone Assistance Network Inc 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 deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Frequently Asked Questions about Tulsa Cornerstone Assistance Network Inc
Is Tulsa Cornerstone Assistance Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tulsa Cornerstone Assistance Network Inc (EIN: 731526353) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tulsa Cornerstone Assistance Network Inc spend its money?
Detailed spending breakdown data is not yet available for Tulsa Cornerstone Assistance Network Inc. Check back for updated IRS 990 analysis.
Are donations to Tulsa Cornerstone Assistance Network Inc tax-deductible?
Tulsa Cornerstone Assistance Network Inc is registered as a tax-exempt nonprofit (EIN: 731526353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tulsa Cornerstone Assistance Network Inc located?
Tulsa Cornerstone Assistance Network Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 731526353. It is classified under NTEE code P80.
How many years of IRS 990 filings does Tulsa Cornerstone Assistance Network Inc have?
Tulsa Cornerstone Assistance Network Inc 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 $559K in total revenue.
Filing History
IRS 990 filing history for Tulsa Cornerstone Assistance Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tulsa Cornerstone Assistance Network Inc's revenue has grown by 353.2%, moving from $73K to $331K. Total assets decreased by 51.6% over the same period, from $164K to $80K. Total functional expenses rose by 310.1%, from $81K to $333K. In its most recent filing year (2023), Tulsa Cornerstone Assistance Network Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $3K in liabilities against $80K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $331K | $333K | $80K | $3K | — | — |
| 2022 | $403K | $347K | $78K | $0 | — | View 990 |
| 2021 | $315K | $391K | $25K | $2K | — | View 990 |
| 2020 | $261K | $208K | $99K | $0 | — | — |
| 2019 | $147K | $136K | $46K | $0 | — | View 990 |
| 2018 | $193K | $265K | $36K | $0 | — | — |
| 2017 | $147K | $145K | $107K | $0 | — | View 990 |
| 2016 | $124K | $145K | $106K | $0 | — | — |
| 2015 | $108K | $117K | $126K | $0 | — | View 990 |
| 2014 | $145K | $162K | $136K | $0 | — | View 990 |
| 2013 | $134K | $145K | $154K | $1K | — | View 990 |
| 2012 | $58K | $55K | $165K | $2K | — | View 990 |
| 2011 | $73K | $81K | $164K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $331K, expenses of $333K, and assets of $80K (revenue -17.7% year-over-year).
- 2022: Revenue of $403K, expenses of $347K, and assets of $78K (revenue +27.7% year-over-year).
- 2021: Revenue of $315K, expenses of $391K, and assets of $25K (revenue +20.9% year-over-year).
- 2020: Revenue of $261K, expenses of $208K, and assets of $99K (revenue +77.4% year-over-year).
- 2019: Revenue of $147K, expenses of $136K, and assets of $46K (revenue -24.0% year-over-year).
- 2018: Revenue of $193K, expenses of $265K, and assets of $36K (revenue +32.0% year-over-year).
- 2017: Revenue of $147K, expenses of $145K, and assets of $107K (revenue +18.4% year-over-year).
- 2016: Revenue of $124K, expenses of $145K, and assets of $106K (revenue +14.8% year-over-year).
- 2015: Revenue of $108K, expenses of $117K, and assets of $126K (revenue -25.6% year-over-year).
- 2014: Revenue of $145K, expenses of $162K, and assets of $136K (revenue +8.0% year-over-year).
- 2013: Revenue of $134K, expenses of $145K, and assets of $154K (revenue +131.2% year-over-year).
- 2012: Revenue of $58K, expenses of $55K, and assets of $165K (revenue -20.5% year-over-year).
- 2011: Revenue of $73K, expenses of $81K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tulsa Cornerstone Assistance Network Inc:
Data Sources and Methodology
This transparency report for Tulsa Cornerstone Assistance Network Inc 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.