Cornerstone Family Programs
- Assets
- $10.1m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 155
- Location
- Morristown, NJ
- Founding
- 12/1942
- Data as of
- 12/2021
- EIN
- 22-1489900
Organization Overview
Cornerstone Family Programs is located in Morristown, NJ. The organization was established in 1942. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Cornerstone Family Programs employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Family Programs 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 Family Programs generated $6.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING COMMUNITIES BY HELPING PEOPLE BUILD BETTER LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS FOR CHILDREN: WE OFFER QUALITY PRE-SCHOOL EDUCATION, BEFORE/AFTER SCHOOL, SUMMER CAMP, AND TEEN WORK-FORCE PROGRAMS, AS WELL AS PROGRAMS TO IMPROVE THE PHYSICAL AND EMOTIONAL HEALTH AND SOCIAL DEVELOPMENT OF CHILDREN THROUGH MENTORING, RECREATION (BASKETBALL, SOCCER AND OTHER SPORTS) AND THE ARTS (VIOLIN, DANCE AND OTHER VISUAL AND PERFORMING ARTS).PROGRAMS FOR ADOLESCENTS: WE OFFER SEVERAL PROGRAMS AND COLLABORATE WITH OTHER ORGANIZATIONS UNDER OUR TEEN PATHWAYS TO BRIGHTER FUTURES SUITE OF SERVICES AND OFFERINGS (FOR EXAMPLE, COLLEGE PREP, NABE TEENS @ WORK, RITES OF PASSAGE, OPEN GYM, TUTORING & MENTORING) THAT HELP YOUTH REACH THEIR FULL POTENTIAL AND SUCCESSFULLY TRANSITION INTO ADULTHOOD. TO SUPPORT OUR PRE-TEEN, TEEN AND YOUNG ADULT POPULATIONS, WE FOCUS ON IMPROVING SCHOOL PERFORMANCE AND INCREASING FUTURE ACADEMIC AND CAREER SUCCESS THROUGH AFTER SCHOOL PROGRAMS, COLLEGE, ACT/SAT AND CAREER PREPARATION PROGRAMS, AND MENTORING, AS WELL AS PROVIDING EMPLOYMENT IN OUR WORKFORCE DEVELOPMENT, TRAINING AND INTERNSHIP PROGRAMS. OUR GOAL IS TO HELP YOUNG PEOPLE MAKE SMART CHOICES THROUGH COUNSELING, EDUCATION, AND ENRICHING SOCIAL, CULTURAL AND RECREATIONAL PROGRAMS THAT CREATE MORE OPPORTUNITIES TO HONE THEIR LEADERSHIP AND DECISION-MAKING SKILLS AND EMPOWER THEM FOR ADVANCEMENT AND LONG-TERM SUCCESS.DURING 2021, OVER 825 CHILDREN AND ADOLESCENTS PARTICIPATED IN THESE PROGRAMS.
PROGRAMS FOR ADULTS: WE PROVIDE SUPPORT THROUGH OUR OPERATION SISTERHOOD FEMALE VETERANS PROGRAM, FRIENDS OF THE BLIND, AND HOPE FOR THE HOLIDAYS PROGRAM. OUR GOAL IS TO INCREASE EDUCATION AND EMPLOYMENT OPPORTUNITIES, IMPROVE PARENTING AND COMMUNICATIONS SKILLS, AND ENHANCE MILITARY VETERANS AND THEIR FAMILIES' WELL-BEING AND SMOOTH INTEGRATION AS THEY RETURN TO THEIR FAMILIES AND SOCIETY.DURING 2021, OVER 787 ADULTS PARTICIPATED IN THESE PROGRAMS.
PROGRAMS FOR SENIORS: WE PROVIDE SUPPORT THROUGH OUR ADULT DAY CARE AND CAREGIVER RESPITE CENTER PROGRAMS. OUR GOAL IS TO PROMOTE FITNESS AND IMPROVE OVERALL HEALTH AND WELLNESS THROUGH SOCIAL ACTIVITIES.DURING 2021, OVER 115 SENIORS PARTICIPATED IN THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrice Picard CEO | Officer | 40 | $175,000 |
Garfield Grant CFO | Officer | 40 | $122,500 |
Gwenn Heller-Dellapelle Director Of Development | 40 | $115,000 | |
Ayo Sanderson Wilson COO & Exec. VP (thru 5/31/21) | Officer | 40 | $67,692 |
William Skrzat Board Chair | OfficerTrustee | 2 | $0 |
Alan Smith First Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $270,399 |
| Related organizations | $0 |
| Government grants | $2,939,331 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,109,192 |
| Noncash contributions included in lines 1a–1f | $64,228 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,318,922 |
| Total Program Service Revenue | $1,503,558 |
| Investment income | $180,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $405,629 |
| Net Income from Fundraising Events | -$17,756 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,394,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $387,080 |
| Compensation of current officers, directors, key employees. | $41,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,540,930 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $432,620 |
| Payroll taxes | $251,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $284,344 |
| Advertising and promotion | $4,866 |
| Office expenses | $173,036 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $129,402 |
| Travel | $14,538 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160,654 |
| Insurance | $92,381 |
| All other expenses | $141,730 |
| Total functional expenses | $5,100,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,134 |
| Savings and temporary cash investments | $10,810 |
| Pledges and grants receivable | $467,112 |
| Accounts receivable, net | $39,266 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $52,959 |
| Net Land, buildings, and equipment | $2,452,567 |
| Investments—publicly traded securities | $6,642,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $70,925 |
| Total assets | $10,123,154 |
| Accounts payable and accrued expenses | $146,635 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $642,193 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $788,828 |
| Net assets without donor restrictions | $9,199,160 |
| Net assets with donor restrictions | $135,166 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,123,154 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that Cornerstone Family Programs has recieved totaling $562,473.
| Awarding Organization | Amount |
|---|---|
F M Kirby Foundation Inc Morristown, NJ PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $150,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $147,512 |
Ranger Fam Charitable Tr Pittsburgh, PA PURPOSE: GENERAL OPERATING | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $73,350 |
Atlantic Health System Inc Morristown, NJ PURPOSE: General Support | $20,000 |
Withington Foundation Inc Fort Washington, PA PURPOSE: SUPPORT SOCIAL SERVICE ORGANIZATION | $17,500 |
Endowment Analysis
| Beg. Balance | $2,019,815 |
| Earnings | $372,920 |
| Other Expense | $100,000 |
| Ending Balance | $2,292,735 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seamens Society For Children And Families Staten Island, NY | $5,020,134 | $20,127,273 |
Family Services Inc Poughkeepsie, NY | $11,302,603 | $22,651,312 |
The Campaign Against Hunger Inc Brooklyn, NY | $6,995,780 | $16,531,662 |
The Partnership For Maternal And Child Health Of Northern Nj Inc Newark, NJ | $7,769,799 | $14,445,230 |
Camden County Partnership For Children Inc Voorhees, NJ | $8,510,476 | $17,210,381 |
Family Services Of Nw Pa Erie, PA | $5,716,473 | $14,963,604 |
Jewish Family Service Of Atlantic County Inc Margate, NJ | $7,174,287 | $13,870,602 |
Chor Youth & Family Services Inc Reading, PA | $3,718,610 | $12,892,612 |
Child And Family Focus Inc Audubon, PA | $4,075,147 | $11,988,261 |
Partners For Kids And Families Inc Mount Holly, NJ | $5,536,394 | $11,299,408 |
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
Family Service Assoc Of Bucks County Langhorne, PA | $12,329,887 | $10,792,087 |