Cornerstone Montgomery Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Cornerstone Montgomery Inc is a 501(c)(3) organization based in Rockville, Maryland, registered in 1971, with $31,924,886 in FY2023 revenue. CharityIndex grades it B.
2 Taft Ct Ste 200, Rockville, MD, 20850 EIN 52-0937199 Since 1971
Revenue (FY2023)
$31.9M
▼ 7.1% vs prior year
Expenses (FY2023)
$34.6M
Net assets
$21.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Cornerstone Montgomery Inc— 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 rating8 mo reserves · -8% 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 Cornerstone Montgomery Inc: 8 mo reserves · -8% 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 Cornerstone Montgomery Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Cornerstone Montgomery Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $18.7M (FY2013) to $31.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $8.9MNet assets $21.8M
Operating margin
-8.3%
Spent more than it raised in the latest fiscal year.
Total assets
$30.7M
Total liabilities
$8.9M
Net assets
$21.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $31,924,886▼7.1% | $34,567,560▲11.0% | $21,803,839▼11.2% | $30,693,633▼11.5% | 990 |
| 2022 | $34,372,412▲27.0% | $31,142,222▲14.1% | $24,560,594▲16.4% | $34,678,250▲15.6% | 990 |
| 2021 | $27,055,478▼17.1% | $27,297,950▲5.1% | $21,101,596▼3.6% | $30,003,385▲0.8% | 990 |
| 2020 | $32,627,133▲24.8% | $25,961,250▲2.0% | $21,890,425▲47.7% | $29,771,000▲12.0% | 990 |
| 2019 | $26,144,100▲8.8% | $25,463,655▲6.0% | $14,824,076▲4.4% | $26,570,397▲14.7% | 990 |
| 2018 | $24,026,048▼0.3% | $24,013,189▲4.8% | $14,192,787▲0.2% | $23,172,726▼1.3% | 990 |
| 2017 | $24,101,543▲0.3% | $22,921,162▲7.0% | $14,167,930▲9.6% | $23,470,858▼0.8% | 990 |
| 2016 | $24,022,844▲14.7% | $21,422,197▲5.5% | $12,929,318▲25.7% | $23,661,990▲22.1% | 990 |
| 2015 | $20,938,804▲0.9% | $20,295,956▲6.7% | $10,287,444▲6.3% | $19,375,060▲28.8% | 990 |
| 2014 | $20,760,365▲11.2% | $19,014,257▲5.7% | $9,678,610▲21.2% | $15,037,437▲15.3% | 990 |
| 2013 | $18,674,873 | $17,985,467▲58.2% | $7,985,380▲75.5% | $13,037,220▲86.7% | 990 |
| 2011 | — | $11,368,898▼3.9% | $4,549,622▲0.4% | $6,984,416▼2.9% | 990 |
| 2010 | — | $11,834,229▲3.5% | $4,530,226▼5.9% | $7,191,453▼13.6% | 990 |
| 2009 | — | $11,430,398 | $4,815,921 | $8,323,671 | 990 |
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.
Grants received · $1.4M total
14 grants to Cornerstone Montgomery Inc totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Adventist Healthcare Inc | To support the equipment for improved access to care programs which address barriers to mental health services, retrofits vans for wheelchair accessibility, provides chromebooks for increased telehealth, and monitors devices such as 02 monitors, glucometers, etc. | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $28,822 |
| American Online Giving Foundation Inc | General support | 2022 | $7,739 |
| Greater Washington Community Foundation | General support | 2020 | $40,000 |
| Greater Washington Community Foundation | General support | 2020 | $40,000 |
| Consortium Management Group Inc | Pandemic emergency relief (community of interest to cmg) | 2020 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $6,000 |
| National Council For Behavioral Health | Covid-19 relief | 2019 | $8,500 |
| Americares Foundation Inc | On-going | 2017 | $473,561 |
| Americares Foundation Inc | On-going | 2017 | $473,561 |
| Greater Washington Community Foundation | General support building | 2017 | $45,250 |
| Greater Washington Community Foundation | General support building | 2016 | $234,000 |
Frequently asked questions
- Is Cornerstone Montgomery Inc a legitimate nonprofit?
- Yes. Cornerstone Montgomery Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0937199, based in Rockville, Maryland. Donations are tax-deductible.
- What is Cornerstone Montgomery Inc's EIN?
- Cornerstone Montgomery Inc's Employer Identification Number (EIN) is 52-0937199.
- How much revenue does Cornerstone Montgomery Inc report?
- Cornerstone Montgomery Inc reported $31,924,886 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Cornerstone Montgomery Inc have?
- CharityIndex grades Cornerstone Montgomery Inc B, based on financial health (reserves and operating margin).
More nonprofits in Rockville
Explore more
Data for Cornerstone Montgomery Inc (EIN 52-0937199) 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.