Cornerstone Productions
- Assets
- $39.2k
- Revenue
- $29.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-5705784
Organization Overview
Cornerstone Productions is located in Centennial, CO. The organization was established in 2014. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Productions 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 12/2022, Cornerstone Productions generated $29.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $28.9k during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION OF RELIGIOUS AND INSPIRATIONAL MUSIC, THE ORGANIZATION AND PRESENTATION OF INSPIRATIONAL SPEAKERS, AND THE PRODUCTION OF RELIGIOUS EVENTS AND SEMINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Miller President | 10 | $0 | |
Paul D Archer Secretary | 10 | $0 | |
Taylor M Dix Board Member | 5 | $0 | |
John Eice Board Member | 5 | $0 | |
Susan Bills Board Member | 5 | $0 | |
Shirley Carlson Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,062 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,745 |
| Total Revenue | $29,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,482 |
| Occupancy | $6,717 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160 |
| Total operating and administrative expenses | $28,906 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $28,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,874 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $3,319 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,193 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |