Overview
What is Cornerstone Of Hope Inc?
Cornerstone of Hope Inc is a dedicated organization that offers administrative, fundraising, and staffing services to various non-profit corporations. Their primary mission is to support these organizations in their operations and growth by providing essential services. This encompasses not only administrative tasks but also fundraising initiatives and personnel recruitment, contributing to the overall success of the non-profit sector.
Official website here: www.cornerstoneofhopeky.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Cornerstone Of Hope Inc has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects the charity's dedication to transparency and effective management of its resources, which is critical for maintaining donor trust and support.
The organization demonstrates strong governance practices, with a fully independent board of directors and no material diversion of assets reported. High scores in various areas, such as having a conflict of interest policy and a whistleblower policy, suggest a commitment to ethical operations. Additionally, the charity allocates an impressive 94.67% of its expenses directly to its programs, a sign of efficiency in fulfilling its mission.
While the rating showcases the organization's strengths in accountability and financial management, there is no information available regarding its overall impact or program effectiveness. Potential donors may want to consider this aspect when evaluating their support for the charity.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Of Hope Inc legitimate?
Cornerstone Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Of Hope 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: $63,757
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,563,650
For more financial information, click here
Official website here: www.cornerstoneofhopeky.com
What is the mission statement of Cornerstone Of Hope Inc?
Cornerstone of Hope Inc's mission is centered around offering administrative, fundraising, and staffing services to various non-profit corporations. The organization aims to support these non-profits in their operations, thereby enabling them to focus on their primary objectives. By providing these services, Cornerstone of Hope Inc seeks to strengthen the capacity of non-profit organizations, ultimately contributing to the betterment of numerous communities and causes. The organization does not have a specific cause it champions itself, but rather, it serves as a vital backbone for numerous non-profits, enabling them to fulfill their respective missions effectively.
Official website here: www.cornerstoneofhopeky.com
Who is the CEO of Cornerstone Of Hope Inc?
Lilia Rivera is the Chairman of Cornerstone Of Hope Inc.
Official website here: www.cornerstoneofhopeky.com
What is the revenue of Cornerstone Of Hope Inc?
Cornerstone Of Hope Inc's revenue in 2023 was $2,159,541.
Official website here: www.cornerstoneofhopeky.com
Who are the executives of Cornerstone Of Hope Inc and what are their salaries?
The average compensation at Cornerstone Of Hope Inc during 2023 was $20,343. There are 80 employees at Cornerstone Of Hope Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $63,757
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cornerstoneofhopeky.com
Where can I find the form 990 for Cornerstone Of Hope Inc?
Cornerstone Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cornerstoneofhopeky.com
Learn more at the official website: www.cornerstoneofhopeky.com
Mission Statement of Cornerstone Of Hope Inc
Cornerstone of Hope Inc is dedicated to offering essential administrative, fundraising, and staffing services to various non-profit corporations. This organization's mission is to support these non-profit organizations in their operations by providing them with necessary resources and expertise. By offering these services, Cornerstone of Hope Inc aims to help these non-profits in effectively carrying out their missions and achieving their goals. The organization's role is crucial in ensuring that non-profit corporations have the necessary support to focus on their primary objectives, such as providing essential services, advocating for causes, and making a positive impact in their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cornerstone Of Hope Inc's impact can be seen in its dedicated provision of administrative, fundraising, and staffing services to non-profit organizations. By offering crucial support in these areas, Cornerstone Of Hope Inc plays a vital role in helping non-profits effectively carry out their missions and serve their communities. This assistance ultimately contributes to the overall effectiveness and sustainability of various non-profit efforts, particularly within the realm of human services.
This information is meant to be a general summary of Cornerstone Of Hope 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $219
- Program Service Revenue: $2,151,283
- Gross Receipts: $2,159,541
Assets and Liabilities:
- Total Assets: $852,376
- Total Liabilities: $68,436
- Net Assets: $783,940
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$2,151,283
Organization Details
Founding Year
2014
Phone
(270) 933-1292Principal Officer
Lilia Rivera
Main Address
PO BOX 8265, PADUCAH, KY, 420028265
Website
www.cornerstoneofhopeky.comNTEE Category
Code: P12 - Human services
If you are a representative of Cornerstone Of Hope Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.