Overview
What is Corstone Inc?
Corstone Inc, a nonprofit organization based in Baltimore, Maryland, focuses on enhancing the well-being of marginalized youth globally. With just four employees, they run the Youth First program, an intervention geared towards resilience and adolescent health. This initiative is currently active in India and Kenya. Their mission is to provide personal resilience programs, aiming to improve the overall well-being of the youth they assist. These programs are designed to empower the youth, helping them navigate through the challenges of high-poverty environments.
Official website here: www.corstone.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating from Charity Navigator)
Corstone Inc has earned an excellent Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. With a notable score of 90 in Accountability & Finance and an impressive 97 in Culture & Community, the organization demonstrates a robust commitment to ethical financial management and community engagement. The charity's Leadership & Adaptability score of 100 reflects its strong governance and effective leadership practices.
One of the organization's key strengths is its efficient use of resources, as evidenced by a program expense ratio of 89.18%. This suggests that a significant majority of its funding goes directly towards programmatic activities, rather than administrative costs. Additionally, with a fundraising efficiency ratio of just $0.07, Corstone Inc shows strong capacity in generating funds effectively. The nonprofit also boasts a fully independent board, which enhances its governance structure.
Despite the positive assessments, it is important for potential donors and supporters to remain aware of any evolving challenges in the nonprofit sector. However, based on the provided data, there appear to be no significant material diversions of assets or liabilities, indicating sound financial health. Overall, Corstone Inc is positioned strongly within the nonprofit landscape, with a substantial investment in leadership development and the capability to adapt to changing circumstances.
This AI summary has been generated from information found on Charity Navigator.
Is Corstone Inc legitimate?
Corstone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corstone 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: $180,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,211
For more financial information, click here
Official website here: www.corstone.org
What is the mission statement of Corstone Inc?
Corstone Inc's mission is focused on enhancing the well-being of marginalized youth worldwide. Specifically, they strive to provide personal resilience programs to help these young individuals. One of their key initiatives, Youth First, is a resilience and adolescent health intervention aimed at high-poverty boys and girls in India and Kenya. The goal is to empower these youth with the necessary skills and resources to improve their overall well-being.
Official website here: www.corstone.org
Who is the CEO of Corstone Inc?
Steve Leventhal is the Board Chair of Corstone Inc. The CEO's salary of Corstone Inc is $180,544 and their total compensation is $180,544.
Official website here: www.corstone.org
What is the revenue of Corstone Inc?
Corstone Inc's revenue in 2022 was $2,012,291.
Official website here: www.corstone.org
Who are the executives of Corstone Inc and what are their salaries?
The average compensation at Corstone Inc during 2022 was $108,189. There are 4 employees at Corstone Inc.
Here are 8 key members and their salaries (Corstone Inc's CEO's salary is $180,544 and their total compensation is $180,544):
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- Compensation: $180,544
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- Compensation: $118,250
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- Other: $29,161
Official website here: www.corstone.org
Where can I find the form 990 for Corstone Inc?
Corstone Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corstone.org
Learn more at the official website: www.corstone.org
Mission Statement of Corstone Inc
Corstone Inc, a nonprofit organization, is dedicated to improving the well-being of marginalized youth worldwide. Their mission is centered around providing personal resilience programs. They strive to empower these youth, focusing particularly on high-poverty boys and girls in India and Kenya. One of their significant initiatives is Youth First, a resilience and adolescent health intervention designed specifically for this demographic. Through this program, Corstone Inc aims to foster resilience and promote better health outcomes, contributing to a brighter future for these young individuals.
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Impact
June, 2024
Corstone Inc's impact lies in providing personal resilience programs to marginalized youth worldwide, specifically through initiatives like Youth First. This program focuses on resilience and adolescent health intervention for high-poverty boys and girls in India and Kenya. By delivering these programs, Corstone Inc aims to enhance the well-being of disadvantaged youth and support their mental health.
This information is meant to be a general summary of Corstone 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 2022.
- Investment Income: $4,220
- Gross Receipts: $2,012,291
Assets and Liabilities:
- Total Assets: $3,357,155
- Total Liabilities: $35,768
- Net Assets: $3,321,387
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Organization Details
Founding Year
1977
Phone
(410) 864-9882Principal Officer
Steve Leventhal
Main Address
8 MARKET PLACE 300, BALTIMORE, MD, 21202
Website
www.corstone.orgNTEE Category
Code: F50Z - Mental health
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