Cornerstone Lodge Inc
- Assets
- $284.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hurst, TX
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 75-2878287
Organization Overview
Cornerstone Lodge Inc is located in Hurst, TX. The organization was established in 2000. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Lodge 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 Lodge Inc generated $141.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $181.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
FAITH BASED COUNSELING THROUGH BIBLICAL TRUTHS - CHRISTIAN FAITH BASED RETREATCENTER TO PROVIDE GROUP AND INDIVIDUAL COUNSELING AND COACHING FOR2 TO 10 DAY SESSIONS AND HAVE INCREASED INDIVIDUAL OFFICE SESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Laird Board Member | 20 | $9,900 | |
Jack D Dickerson Board Member | 10 | $1,267 | |
David Edmonson President | 1 | $0 | |
Autumn Ross Board Member | 1 | $0 | |
Buck Marshall Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,962 |
| Total Program Service Revenue | $121,630 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$1,165 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,427 |
| 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 | $101,316 |
| Occupancy, rent, utilities, and maintenance | $41,225 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,907 |
| Total expenses | $181,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,761 |
| Other assets | $0 |
| Total assets | $284,695 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,695 |