The Cornerstone Forum
- Assets
- $63.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sonoma, CA
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 68-0342599
Organization Overview
The Cornerstone Forum is located in Sonoma, CA. The organization was established in 1995. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Forum 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 Forum generated $91.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $89.8k during the year ending 12/2022. While expenses have increased by 0.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EXPLORING THE SPIRITUAL & MORAL COHERENCE OF THE WESTERN LITERARY & RELIGIOUS TRADITION THROUGH CLASSES, CDS, VIDEOS, PUBLICATIONS & STREAMING AUDIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gil Bailie Director | 60 | $0 | |
William Shea Secretary | 0 | $0 | |
Randy Coleman-Riese Treasurer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,744 |
| Total Program Service Revenue | $1,313 |
| Membership dues | $0 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,127 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,105 |
| Professional fees and other payments to independent contractors | $11,123 |
| Occupancy, rent, utilities, and maintenance | $2,264 |
| Printing, publications, postage, and shipping | $1,052 |
| Other expenses | $12,234 |
| Total expenses | $89,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,933 |
| Other assets | $0 |
| Total assets | $63,169 |
| Total liabilities | $2,937 |
| Net assets or fund balances | $60,232 |