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Human Services : Social Services

Cornerstone Assistance Network

Uniting with others in Christian love to meet the needs of people.

four stars

92.52

3500 Noble Avenue Fort Worth, TX 76111
tel: (817) 632-6000   Web Site
EIN: 75-2417646

Board Leadership
Michael Cooke
Chair

CEO
Mike Doyle
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.52 four stars
  Financial 92.08 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Cornerstone was established in 1992 to meet the needs and restore the hope of individuals and families suffering under the burden of poverty in Tarrant County, Texas. Since inception, Cornerstone has been a major resource for churches, businesses and other community organizations through its provision of relief, recovery and restoration services. By networking other agencies, Cornerstone offers direct-service programs that are non-duplicated in approach and efficient in administration.

Cornerstone was established in 1992 to meet the needs and restore the hope of individuals and families suffering under the burden of poverty in Tarrant County, Texas. Since inception, Cornerstone has been a major resource for churches, businesses and other community organizations through its provision of relief, recovery and restoration services. By networking other agencies, Cornerstone offers direct-service programs that are non-duplicated in approach and efficient in administration.

Impact Information

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Financial

four stars

92.08

Accountability & Transparency

four stars

93.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.8%
  Administrative Expenses 10.9%
  Fundraising Expenses 3.2%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.29
  Program Expenses Growth 2.1%
  Liabilities to Assets 0.1%
All data for Financial Performance Metrics calculations was provided by Cornerstone Assistance Network on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cornerstone Assistance Network on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Assistance Network (TX) 92.52 four stars
El Buen Samaritano (TX) 93.22 four stars
Christian Community Service Center (TX) 91.76 four stars
Friendly House (OR) 88.07 three stars
East Side House (NY) 98.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,145,079
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $995,497
Total Contributions $2,140,576
   Program Service Revenue $368,025
Total Primary Revenue $2,508,601
   Other Revenue $423,986
TOTAL REVENUE $2,932,587
   
EXPENSES  
   Program Expenses $2,652,530
   Administrative Expenses $317,781
   Fundraising Expenses $49,647
TOTAL FUNCTIONAL EXPENSES $3,019,958
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-87,371
   
Net Assets $4,486,120

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Community Services $1,506,266 56.8%
Spanish Gardens & Permanent Housing $384,862 14.5%
Emergency Financial Services $92,906 3.5%

Ratings History
Cornerstone Assistance Network has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 92.52 four stars
2017-12 10/01/2019 94.05 four stars
2016-12 06/01/2018 94.79 four stars
2015-12 06/01/2017 91.73 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 75-2417646
Name in IRS Master File CORNERSTONE ASSISTANCE NETWORK INC
NTEE Code P60
NTEE Classification Emergency Assistance (Food, Clothing, Cash)
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$122,136 4.04% Mike Doyle Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Assistance Network (TX) 92.52 four stars
Wilkinson Center (TX) 86.83 three stars
Henry Street Settlement (NY) 91.34 four stars
Neighborhood House, St. Paul (MN) 91.02 four stars
Adelante Mujeres (OR) 90.80 four stars

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Charity Contact Info

Cornerstone Assistance Network
3500 Noble Avenue
Fort Worth, TX 76111
tel: (817) 632-6000
fax: (817) 632-6001
EIN: 75-2417646

Visit Web Site

Board Leadership

Michael Cooke
Chair

CEO

Mike Doyle
Chief Executive Officer

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