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Cornerstone Pediatric Rehabilitation Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454131449 ✦ Danville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Pediatric Rehabilitation Services Inc?

Cornerstone Pediatric Rehabilitation Services Inc, situated in Danville, Indiana, is a dedicated nonprofit organization that focuses on supporting children and their families. It specializes in early intervention therapies through the Indiana's First Steps System, utilizing individualized strategies to assist children at risk of, or already diagnosed with, developmental delays. The organization's mission is to provide beneficial assistance, training, and services to children and others with developmental disabilities and similar conditions, while also raising community awareness regarding these conditions. Their goal is to help each child reach their full potential.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Star rating)

Cornerstone Pediatric Rehabilitation Services Inc has earned a Two-Star rating from Charity Navigator, indicating an overall score of 64%. This rating reflects moderate accountability and financial management practices within the organization. While the charity shows strong performance in various areas such as program expense ratio, which is solid at 88.49%, there are significant concerns regarding its governance, particularly the low percentage of independent board members.

The nonprofit has a significant lack of independent oversight, with only 33% of its board members being independent and only one independent member on the board. Additionally, important transparency measures such as having a website listed on the tax form and posting tax forms on its website are missing, which may hinder public trust and accountability. However, Cornerstone does have commendable policies in place, including a conflict of interest policy and a whistleblower policy, both of which are fully compliant.

While Cornerstone Pediatric Rehabilitation Services excels in its program expenditures and maintains no material diversion of assets, its high liabilities to assets ratio at 451.65% raises concerns about financial stability. Overall, stakeholders may want to consider these factors when evaluating the charity's effectiveness and sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Cornerstone Pediatric Rehabilitation Services Inc legitimate?

Cornerstone Pediatric Rehabilitation Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Pediatric Rehabilitation Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $450,624

For more financial information, click here

What is the mission statement of Cornerstone Pediatric Rehabilitation Services Inc?

Cornerstone Pediatric Rehabilitation Services Inc's mission is centered around providing assistance, training, and beneficial services to children and individuals with developmental disabilities and similar conditions. Additionally, the organization aims to raise community awareness about the condition of these individuals. Their services focus on supporting children and their families, offering early intervention therapies through the Indiana's First Steps System. Therapists employ individualized strategies to assist children at risk of having, or already diagnosed with, developmental delays, with the ultimate goal of helping each child reach their full potential.

Who is the CEO of Cornerstone Pediatric Rehabilitation Services Inc?

Erin Tanner is the Director of Cornerstone Pediatric Rehabilitation Services Inc.

What is the revenue of Cornerstone Pediatric Rehabilitation Services Inc?

Cornerstone Pediatric Rehabilitation Services Inc's revenue in 2022 was $607,304.

Who are the executives of Cornerstone Pediatric Rehabilitation Services Inc and what are their salaries?

There 30 volunteers at Cornerstone Pediatric Rehabilitation Services Inc.


Here are 3 key members and their salaries:


Terry Kessinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Cockrum (Director)
  • Compensation: $0
  • Related: $185,524
  • Other: $31,313
Erin Tanner (Director)
  • Compensation: $0
  • Related: $122,515
  • Other: $0
Where can I find the form 990 for Cornerstone Pediatric Rehabilitation Services Inc?

Cornerstone Pediatric Rehabilitation Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cornerstone Pediatric Rehabilitation Services Inc

Cornerstone Pediatric Rehabilitation Services Inc is dedicated to offering assistance, training, and beneficial services to children and individuals with developmental disabilities and similar conditions. Their mission is multifaceted, aiming to not only provide support for these individuals but also raise awareness within the community regarding the condition of children and others affected by such disabilities.

In practice, Cornerstone Pediatric Rehabilitation Services Inc focuses on children's services, with a primary focus on early intervention therapies through the Indiana's First Steps System. Their team of therapists employs individualized strategies to help children at risk of having, or already diagnosed with, developmental delays. The ultimate goal is to assist each child in reaching their full potential.

Through their comprehensive approach, Cornerstone Pediatric Rehabilitation Services Inc strives to make a significant impact on the lives of children and their families. By providing essential support, training, and services, they aim to empower these individuals and contribute to a more inclusive and understanding community.

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Impact




July, 2024

Cornerstone Pediatric Rehabilitation Services Inc's impact is profound and far-reaching. By providing assistance, training, and services beneficial to children and others with developmental disabilities and similar conditions, they are making a significant difference in the lives of those they serve. Their focus on children's services, including early intervention therapies through Indiana's First Steps system, demonstrates their commitment to supporting children and their families. Through individualized strategies, their therapists help children at risk of developmental delays or already diagnosed with such conditions reach their full potential. In addition, their efforts to raise community awareness about developmental disabilities contribute to a more inclusive and supportive environment for those in need. Overall, Cornerstone Pediatric Rehabilitation Services Inc is actively working towards enhancing the well-being and opportunities of individuals with developmental disabilities, making a lasting impact on both individuals and the community.




This information is meant to be a general summary of Cornerstone Pediatric Rehabilitation Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$607,304 (2022)
Expenses
$660,751 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $606,304
  • Gross Receipts: $607,304

Assets and Liabilities:

  • Total Assets: $477,743
  • Total Liabilities: $2,134,070
  • Net Assets: -$1,656,327

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FIRST STEPS REVENUE

Revenue

$372,403

INSURANCE REVENUE

Revenue

$86,470

MEDICAID REVENUE

Revenue

$73,237

SCHOOL CONTRACT REVENU

Revenue

$65,474

MISCELLANEOUS REVENUE

Revenue

$8,720

Organization Details

Founding Year

2012

Principal Officer

Erin Tanner

Main Address

1001 SYCAMORE LN, DANVILLE, IN, 46122

NTEE Category

Code: E50 - Health

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