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.
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

Charts

Compensation % of Expenses Paid to Title
$122,136 4.04% Mike Doyle Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Assistance Network (TX) 92.52 four stars
The ARK Chicago (IL) 90.27 four stars
The Educational Alliance (NY) 91.18 four stars
Goddard Riverside Community Center (NY) 87.62 three stars
Wilkinson Center (TX) 86.83 three stars

Compare These Charities (Highly Rated)

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