Cornerstone University
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $53,639,419 | $55,326,488↑4% | $105,225,637↑1% | — |
| 2023 | $53,411,196↓11% | $53,362,947↓5% | $104,686,388↓3% | — |
| 2022 | $59,861,010↑3% | $56,196,902↑12% | $108,326,203 | — |
| 2021 | $58,079,674↑5% | $50,218,529↓2% | $108,650,867↑7% | — |
| 2020 | $55,341,460↑2% | $51,083,926↓1% | $101,647,008↑2% | — |
| 2019 | $54,068,050↓15% | $51,532,223↓5% | $99,878,742↑4% | — |
| 2018 | $63,603,179↑1% | $54,282,332↓4% | $96,113,221↑4% | — |
| 2017 | $62,802,645↓4% | $56,404,972↓2% | $92,637,829↑3% | — |
| 2016 | $65,632,400↑8% | $57,831,305↑2% | $89,809,530↑6% | — |
| 2015 | $60,791,206↓5% | $56,422,282↑1% | $84,413,235↑9% | — |
| 2014 | $63,692,790↑6% | $55,824,764↑2% | $77,354,122↑15% | — |
| 2013 | $60,054,018↑2% | $54,678,080↑5% | $67,206,317↑17% | — |
| 2012 | $58,700,175 | $51,937,218 | $57,466,414 | — |
Frequently Asked Questions
What does Cornerstone University do?▼
Cornerstone University is a education nonprofit organization based in Michigan. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cornerstone University financially healthy?▼
Based on our 9-metric Financial Health Score model, Cornerstone University has a score of 75/100 (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 University generate?▼
Cornerstone University reports $47.2M in annual revenue and holds $106.6M in total assets, based on IRS filings.