Cornerstone Residential Center No 1 Nfp is a 501(c)(3) organization based in Joliet, Illinois, registered in 2005, with -$40,154 in FY2024 revenue.
Revenue (FY2024)
-$40K
▼ 48.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$0
Net assets
-$358K
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 Residential Center No 1 Nfp— 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. Not scored for Cornerstone Residential Center No 1 Nfp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Residential Center No 1 Nfp— 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 Residential Center No 1 Nfp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $46K (FY2009) to -$40K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-100.0%
Spent more than it raised in the latest fiscal year.
Total assets
$317K
Total liabilities
$676K
Net assets
-$358K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$40,154▼48.1% | $0 | -$358,483▼12.6% | $317,132▼13.6% | 990 |
| 2023 | -$27,106▲20.3% | $0 | -$318,329▼9.3% | $367,216▼0.5% | 990 |
| 2022 | -$34,008▼14.4% | $0 | -$291,223▼13.2% | $368,928▼5.3% | 990 |
| 2021 | -$29,718▲10.5% | $0 | -$257,215▼13.1% | $389,673▼5.0% | 990 |
| 2020 | -$33,190▼27.5% | $0 | -$227,497▼17.1% | $410,035▼5.6% | 990 |
| 2019 | -$26,033▲24.6% | $0 | -$194,307▼15.5% | $434,225▲0.2% | 990 |
| 2018 | -$34,549▼50.0% | $0 | -$168,274▼25.8% | $433,370▼7.1% | 990 |
| 2017 | -$23,028▼27.9% | $0 | -$133,725▼20.8% | $466,287▼1.4% | 990 |
| 2016 | -$18,000▲7.5% | $0 | -$110,697▼19.4% | $472,887▼4.7% | 990 |
| 2015 | -$19,457▼28.6% | $0 | -$92,697▼26.6% | $496,467▼3.3% | 990 |
| 2014 | -$15,127▲29.9% | $0 | -$73,240▼26.0% | $513,348▼3.8% | 990 |
| 2013 | -$21,589 | $0 | -$58,113▼59.1% | $533,752▼4.1% | 990 |
| 2012 | — | $0 | -$36,524▼101% | $556,849▼3.0% | 990 |
| 2011 | — | $0 | -$18,213▼3096% | $574,259▼3.5% | 990 |
| 2010 | — | $0▼100% | $608▼97.5% | $594,965▼3.9% | 990 |
| 2009 | $46,497 | $72,769 | $24,776 | $618,852 | 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.
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Data for Cornerstone Residential Center No 1 Nfp (EIN 20-2094931) 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.