Cornerstone Jamaica Inc is a 501(c)(3) organization based in Lauderhill, Florida, registered in 2018, with $21,481 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$21K
▼ 78.4% vs prior year
International median: $227K
Expenses (FY2023)
$41K
Net assets
$22K
Employees
—
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 Cornerstone Jamaica Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Cornerstone Jamaica Inc: 6 mo reserves · -89% margin earns a F on this criterion. See the exact thresholds →
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 Cornerstone Jamaica Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Cornerstone Jamaica Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $135K (FY2019) to $21K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-88.7%
Spent more than it raised in the latest fiscal year.
Total assets
$22K
Total liabilities
$0
Net assets
$22K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $21,481▼78.4% | $40,542▼49.9% | $21,674▼46.8% | $21,674▼46.8% | 990EZ |
| 2022 | $99,398▼50.5% | $80,886▼63.0% | $40,735▲83.3% | $40,735▲83.3% | 990EZ |
| 2021 | $200,803▲15.6% | $218,553▲54.0% | $22,223▼44.5% | $22,223▼44.5% | 990 |
| 2020 | $173,772▲28.7% | $141,881▼4.4% | $40,063▲390% | $40,063▲390% | 990EZ |
| 2019 | $134,994 | $148,431 | $8,172 | $8,172 | 990EZ |
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.
8 grants to Cornerstone Jamaica Inc totaling $192K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2022 | $5,619 |
| Paypal Charitable Giving Fund | General support | 2021 | $46,527 |
| The Chicago Community Trust | General operating support | 2021 | $25,000 |
| The Chicago Community Trust | General operating support | 2021 | $25,000 |
| Donor Advised Charitable Giving | International, foreign affairs | 2021 | $5,550 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $29,600 |
| Donor Advised Charitable Giving | International, foreign affairs | 2020 | $29,600 |
| The Chicago Community Trust | General operating support | 2019 | $25,000 |
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Data for Cornerstone Jamaica Inc (EIN 82-2631325) 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.