Cornerstone Education And Research Foundation Inc
- Assets
- $154.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Superior, CO
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-1297616
Organization Overview
Cornerstone Education And Research Foundation Inc is located in Superior, CO. The organization was established in 2006. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Education And Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornerstone Education And Research Foundation Inc generated $81.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $29.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE LOCAL AND GLOBAL COMMUNITY WITH MEDICAL RESEARCH AND EDUCATIOON IN ORTHOPEDIC CARE.
Describe the Organization's Program Activity:
Part 3
THE CORNERSTONE FOUNDATION IS DEDICATED TO PROVIDING QUALITY ORTHOPEDIC CARE TO THE UNDERPRIVILEGED LOCALLY AND ABROAD. WE SENT A TEAM TO A HOSPITAL IN IGANGA, UGANDA DELIVERING 1100 POUNDS OF MEDICAL SUPPLIES RANGING FROM CASTING MATERIALS TO SURGICAL TOOLS. WE PROVIDED DAILY TRAINING FOR LOCAL MEDICAL STAFF AND TRAINED THE LOCAL DOCTORS AND NURSES IN CURRENT ORTHOPEDIC PRACTICES. OUR TEAM PERFORMED TWO SURGERIES IN A NEW HOSPITAL WITH THE LOCAL DOCTORS, PROVIDING AN EXPERIENTIAL LEARNING OPPORTUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph Hsin Chairman | 4 | $0 | |
Chelsey Towns Trustee | 1 | $0 | |
Zane Blackmer Trustee | 1 | $0 | |
Dr Daniel Ocel Trustee | 1 | $0 | |
Brian Yost Trustee | 1 | $0 | |
Kim Ocel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,921 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$20,967 |
| Other Revenue | $0 |
| Total Revenue | $80,954 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,264 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,670 |
| Total expenses | $29,934 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,405 |
| Other assets | $0 |
| Total assets | $154,405 |
| Total liabilities | $105,894 |
| Net assets or fund balances | $48,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Education And Research Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valleywise Health Foundation Phoenix, AZ | $6,989,445 | $12,820,776 |
Scl Health Research Institute Inc Broomfield, CO | $1,318,361 | $3,170,356 |
Utah Health Policy Project West Valley City, UT | $3,376,474 | $1,530,224 |
Dartnet Institute Aurora, CO | $481,297 | $1,779,903 |
The New Mexico Center For Nursing Excellence Albuquerque, NM | $177,279 | $351,111 |
Healthcare Transformation Institute Phoenix, AZ | $336,338 | $0 |
Tanner Seebaum Foundation Centennial, CO | $0 | $0 |
The Schreiber Research Group Denver, CO | $72,267 | $156,500 |
American Foundation Of Lower Extremity Surgery And Research Inc Alamogordo, NM | $64,670 | $0 |
Desert Ridge Foundation Scottsdale, AZ | $10,231 | $0 |
Cornerstone Education And Research Foundation Inc Superior, CO | $154,405 | $0 |
Native Research Network Inc Park City, UT | $163,450 | $0 |