4 Cornerstones Foundation
Only null% goes to programs Strong reserves Declining revenue
4 Cornerstones Foundation is a 501(c)(3) organization based in Edina, Minnesota, registered in 2020, with $2,488,537 in FY2024 revenue. CharityIndex grades it C+.
3925 W 50th St Ste 200, Edina, MN, 55424 EIN 84-4038769 Since 2020
Revenue (FY2024)
$2.5M
▲ 3.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2.3M
Net assets
$51.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 4 Cornerstones Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating262 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 4 Cornerstones Foundation: 262 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 4 Cornerstones Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 4 Cornerstones Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3925 W 50th St Ste 200, Edina, MN, 55424
- City
- Edina
- State
- Minnesota
- Category
- Arts, Culture & Humanities
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $0 (FY2019) to $2.5M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $51.0M
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$51.0M
Total liabilities
$0
Net assets
$51.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,488,537▲3.7% | $2,334,760▲5.4% | $51,049,850▲0.3% | $51,049,850▲0.3% | 990PF |
| 2023 | $2,398,798▲248% | $2,215,670▼33.4% | $50,896,073▲0.4% | $50,896,073▲0.4% | 990PF |
| 2022 | $688,466▼98.7% | $3,325,653▲161% | $50,718,036▼4.9% | $50,718,036▼4.9% | 990PF |
| 2021 | $54,622,494 | $1,272,361 | $53,350,133 | $53,350,133 | 990PF |
| 2020 | $0 | $0 | $0 | $0 | 990PF |
| 2019 | $0 | $0 | $0 | $0 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is 4 Cornerstones Foundation a legitimate nonprofit?
- Yes. 4 Cornerstones Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-4038769, based in Edina, Minnesota. Donations are tax-deductible.
- What is 4 Cornerstones Foundation's EIN?
- 4 Cornerstones Foundation's Employer Identification Number (EIN) is 84-4038769.
- How much revenue does 4 Cornerstones Foundation report?
- 4 Cornerstones Foundation reported $2,488,537 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does 4 Cornerstones Foundation have?
- CharityIndex grades 4 Cornerstones Foundation C+, based on financial health (reserves and operating margin).
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Data for 4 Cornerstones Foundation (EIN 84-4038769) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.