Cornerstone Of Hope Inc
Independence, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,728,158โ41% | $3,687,728โ27% | $8,266,174โ27% | โ |
| 2022 | $3,358,091โ13% | $2,903,716โ35% | $6,515,367โ6% | โ |
| 2021 | $3,866,660โ34% | $2,157,901โ18% | $6,164,304โ38% | โ |
| 2020 | $2,894,365โ10% | $1,824,866โ20% | $4,475,880โ40% | โ |
| 2019 | $2,639,557โ24% | $2,291,059โ13% | $3,199,151โ14% | โ |
| 2018 | $2,127,726โ11% | $2,031,035โ15% | $2,806,716โ4% | โ |
| 2017 | $1,914,175โ18% | $1,769,355โ9% | $2,706,690โ4% | โ |
| 2016 | $1,620,521 | $1,619,982โ5% | $2,608,418 | โ |
| 2015 | $1,614,558โ9% | $1,544,289โ13% | $2,618,934โ11% | โ |
| 2014 | $1,486,362โ2% | $1,368,179โ6% | $2,349,346โ4% | โ |
| 2013 | $1,453,412โ54% | $1,451,915โ13% | $2,265,332โ6% | โ |
| 2012 | $941,960โ15% | $1,279,314โ37% | $2,138,841โ12% | โ |
| 2011 | $1,108,932 | $931,152 | $2,428,235 | โ |
Frequently Asked Questions
What does Cornerstone Of Hope Inc do?โผ
Cornerstone Of Hope Inc is a human services nonprofit organization based in Ohio. It is classified under NTEE code P50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cornerstone Of Hope Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Cornerstone Of Hope Inc has a score of 91/100 (Grade: A). 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 Of Hope Inc generate?โผ
Cornerstone Of Hope Inc reports $4.9M in annual revenue and holds $8.9M in total assets, based on IRS filings.
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