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 12/2021, Cornerstone Forum generated $93.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $86.1k 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 Program Activity:
Part 3
EXPLORING THE SPIRITUAL & MORAL COHERENCE OF THE WESTERN LITERARY & RELIGIOUS TRADITION THROUGH CLASSES, CDS, VIDEOS, PUBLICATIONS & CASSETTE TAPES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gil Bailie Pres./director | 60 | $29,200 | |
Randy Coleman-Riese Exec Dir/treas | 40 | $29,200 | |
William Shea Sect./director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $91,699 |
Total Program Service Revenue | $2,103 |
Membership dues | $0 |
Investment income | $68 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $93,870 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $63,124 |
Professional fees and other payments to independent contractors | $880 |
Occupancy, rent, utilities, and maintenance | $1,298 |
Printing, publications, postage, and shipping | $1,347 |
Other expenses | $19,431 |
Total expenses | $86,080 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,296 |
Other assets | $0 |
Total assets | $62,356 |
Total liabilities | $3,473 |
Net assets or fund balances | $58,883 |
Over the last fiscal year, we have identified 2 grants that The Cornerstone Forum has recieved totaling $524.
Awarding Organization | Amount |
---|---|
Christopher Reynolds Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
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