Cornerstone Assistance Network Inc

Organization Overview

Cornerstone Assistance Network Inc is located in Fort Worth, TX. The organization was established in 1992. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Cornerstone Assistance Network Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Assistance Network 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 12/2022, Cornerstone Assistance Network Inc generated $12.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $9.8m during the year ending 12/2022. While expenses have increased by 15.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION ASSISTS HOMELESS INDIVIDUALS, SINGLE PARENTS AND LOW INCOME FAMILIES IN OBTAINING FOOD, SHELTER, CLOTHING, EMPLOYMENT CHILDCARE, TRANSPORTATION AND FINANCIAL AND MEDICAL ASSISTANCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMERGENCY FIN SRVCS, CCB,& CCC: OUTREACH TO HOMELESS PEOPLE TO ENGAGE THEM INTO A STRATEGY TO ACCESS SERVICES AVAILABLE TO THEM


ALL OTHER ACCOMPLISHMENT , PROVIDED FOOD , CLOTHING, HOUSEHOLD ITEMS, JOB TRAINING, AFTER SCHOOL CARE, MEDICAL CLINICS, COMMUNITY MEETING YOUTH ACTIVITIES, COMPUTER LABS , TRAINING, ESL,GED HOUSING, CASE MANAGEMENT, RENT AMD UTILITY ASSISTANCE, EMERGENCY ASSISTANCE, REFERRAL SERVICES, TRANSPORTATION AND RELATED SERVICES TO LOW INCOME & HOMELESS INDIVIDUALS. ALSO PROVIDED FURNITURE, APPLIANCES, HOUSEHOLD ITEMS AND TECHNICAL ASSISTANCE TO ORGANIZATIONS SERVING NEEDY, LOW INCOME AND HOMELESS PEOPLE


COMM SRVCS, THRIFT STORE,RE-ENTRY SRVCS, WORKFORCE DEV., INTERMED SRVCS, MEDICAL CLINIC, VISTA, CAN VISTA, RSVP: DIRECT ACCESS TO SERVICES AND RESOURCES TO PEOPLE IN THEIR TARRANT COUNTY AREA


SPANISH GARDENS &PERMANENT HOUSING:PROVIDE DWELLINGS FOR LOW INCOME AND HOMELESS PEOPLE ACCOMPANIED BY SUPPORT SERVICES NECESSARY TO ACHIEVE SELF-SUFFICIENCY


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Board, Officers & Key Employees

Name (title)Compensation
Mark Barfield
Board Member
$0
Becky Biser
Vice Chair-Bd Of Dir
$0
Michael T Cooke
Chairman Bd Of Dir
$0
Mike Doyle
Exec Director
$126,200
Max Falls
Board Member
$0
David Haefeli
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,476,244
All other contributions, gifts, grants, and similar amounts not included above$2,650,440
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,126,684
Total Program Service Revenue$343,884
Investment income $13,474
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $52,549
Net Gain/Loss on Asset Sales $127,783
Net Income from Fundraising Events -$20,977
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,729,429

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