Cornerstone Foundations For Families
- Assets
- $853.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Quincy, IL
- Founding
- 03/1949
- Data as of
- 06/2024
- EIN
- 37-0661203
Organization Overview
Cornerstone Foundations For Families is located in Quincy, IL. The organization was established in 1949. 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 06/2024, Cornerstone Foundations For Families employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Foundations For Families 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 06/2024, Cornerstone Foundations For Families generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.2m during the year ending 06/2024. While expenses have increased by 3.6% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PEOPLE MEET LIFE'S CHALLENGES BY PROVIDING THE SKILLS, SUPPORT AND HOPE NEEDED FOR EFFECTIVE, FULFILLING LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY FAMILIES PROGRAM - SERVED 43 FAMILIES IDENTIFIED AS HIGH RISK FOR CHILD ABUSE AND NEGLECT THROUGH INTENSIVE IN-HOME VISITATION PROGRAM. THESE FAMILIES RECEIVED ONGOING PARENT EDUCATION APPROPRIATE TO THE DEVELOPMENT LEVEL OF THE CHILD(REN), SERVICE LINKAGE AS NEEDED, AND DEVELOPMENTAL ASSESSMENT. THERE WERE NO REPORTS OF CHILD ABUSE OR NEGLECT CONCERNING FAMILIES SERVED DURING THE YEAR.
PSYCHIATRIC SERVICES COMPREHENSIVE YOUTH SERVICES EMPLOYEE ASSISTANCE PROGRAMS RESPITE
ADOPTION PRESERVATION - COUNSELING AND CRISIS INTERVENTION PROVIDED TO 38 ADOPTED CHILDREN AND THEIR FAMILY MEMBERS TO HELP STABILIZE ADOPTIVE FAMILIES. THE PROGRAM IS FUNDED BY A CONTRACT WITH THE ILLINOIS DEPARTMENT OF CHILDREN AND FAMILY SERVICES. REVENUE IS EARNED AT A POINT IN TIME AS SERVICES ARE PROVIDED OR REIMBURSABLE EXPENDITURES ARE INCURRED.
INDIVIDUAL, FAMILY AND GROUP COUNSELING SERVICES WERE PROVIDED TO 453 CLIENTS OF ALL AGES IN ORDER THAT THEY MAY FUNCTION EFFECTIVELY AT HOME, SCHOOL, OR IN THE WORK SETTING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby Clinging Board Member | Trustee | 1 | $0 |
Kelsey Deters Board Member | Trustee | 1 | $0 |
Mary Doellman 2nd VP | OfficerTrustee | 2 | $0 |
Burgundy Hill Board Member | Trustee | 1 | $0 |
Claudia Lasys Board Member | Trustee | 1 | $0 |
Lori Miles President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $517,326 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,969 |
| Total Program Service Revenue | $465,674 |
| Investment income | $22,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,936 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,222,345 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $791,503 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,326 |
| Payroll taxes | $59,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,922 |
| Advertising and promotion | $31,377 |
| Office expenses | $43,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,860 |
| Travel | $13,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $507 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,184 |
| Insurance | $15,606 |
| All other expenses | $3,798 |
| Total functional expenses | $1,152,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,955 |
| Savings and temporary cash investments | $55,165 |
| Pledges and grants receivable | $58,123 |
| Accounts receivable, net | $14,818 |
| 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 | $7,193 |
| Net Land, buildings, and equipment | $148,109 |
| Investments—publicly traded securities | $436,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,340 |
| Total assets | $853,906 |
| Accounts payable and accrued expenses | $71,946 |
| Grants payable | $0 |
| Deferred revenue | $8,502 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80,448 |
| Net assets without donor restrictions | $771,334 |
| Net assets with donor restrictions | $2,124 |
| 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 | $853,906 |