Cornerstone Legacies Foundation Inc
- Assets
- $15.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-3917515
Organization Overview
Cornerstone Legacies Foundation Inc is located in Louisville, KY. The organization was established in 2017. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Legacies 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 12/2023, Cornerstone Legacies Foundation Inc generated $661.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $28.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (42.0%) per year over the past 7 years. 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
2023
Describe the Organization's Program Activity:
Part 3
NONE - DUE TO VERY LOW FUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Bushong Director/board President | 2 | $0 | |
Adam Wilson Director/board Vice-Pres | 2 | $0 | |
Lori Bushong Director/board Treasurer | 2 | $0 | |
Amelia Wilson Director | 1 | $0 | |
Beth Adams Director | 1 | $0 | |
Jeff Seidenfaden Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $661 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $661 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28 |
| Total expenses | $28 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,844 |
| Other assets | $0 |
| Total assets | $15,844 |
| Total liabilities | $1,103 |
| Net assets or fund balances | $14,741 |