X — Religion-RelatedEIN: 237112560· Ruling Year: 1971

Cornerstone Television Inc

Wall, Pennsylvania

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$4.4M
Total Revenue
📊
$4.9M
Total Expenses
🏦
$10.0M
Net Assets
📋
$297K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.6%
Year-over-year change (2022 → 2023)
Net Margin
-10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.05
Net assets divided by total expenses
Liabilities-to-Assets
2.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,421,732↓10%$4,866,716↑4%$10,269,080↓4%
2022$4,892,228↓6%$4,696,932$10,693,013↓5%
2021$5,178,656↓4%$4,711,753↓11%$11,279,412↑5%
2020$5,370,294↑51%$5,307,118↑2%$10,719,548↓1%
2019$3,554,475↓20%$5,196,441↓7%$10,781,890↓6%
2018$4,428,311↓69%$5,608,790↓6%$11,496,936↓10%
2017$14,501,243↑183%$5,988,333↑5%$12,706,773↑133%
2016$5,117,028↓13%$5,692,318↑1%$5,463,914↓17%
2015$5,870,784$5,641,897↓18%$6,599,018↑2%
2014$5,882,695↓7%$6,892,212$6,490,068↓11%
2013$6,328,240↑4%$6,876,527↑13%$7,319,735↓5%
2012$6,084,523↓7%$6,064,866↓3%$7,702,373↓1%
2011$6,519,471$6,232,962$7,759,303

Frequently Asked Questions

What does Cornerstone Television Inc do?▼

Cornerstone Television Inc is a religion-related nonprofit organization based in Pennsylvania. It is classified under NTEE code X820 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cornerstone Television Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Cornerstone Television Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cornerstone Television Inc generate?▼

Cornerstone Television Inc reports $3.9M in annual revenue and holds $9.2M in total assets, based on IRS filings.

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