Cornerstone For Life
- Assets
- $118.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-2077111
Organization Overview
Cornerstone For Life is located in Storm Lake, IA. The organization was established in 2013. According to its NTEE Classification (E40) the organization is classified as: Reproductive Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone For Life 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 For Life generated $55.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $70.4k during the year ending 12/2023. 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Engelmann President | 2 | $0 | |
Lynn Radke Secretarytreasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,679 |
| 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 | $55,679 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,295 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $351 |
| Other expenses | $28,767 |
| Total expenses | $70,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,003 |
| Other assets | $0 |
| Total assets | $118,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,150 |