Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Cornerstone Revitalization Foundation Inc, with EIN 26-1650206, is a nonprofit organization focused on community improvement and personal services, operating in Southeast Birmingham. With an operating budget of $2 million and total revenue of $1.4 million for the filing year 2024, the foundation is dedicated to empowering disadvantaged youth and adults through educational programming, workforce development, vocational certifications, and leadership enhancement opportunities. Notably, the organization relies on a significant funding source, with a top funder contributing $16.2 million, which exceeds 50% of its revenue.

Mission Statement

THROUGH EDUCATIONAL PROGRAMMING, WORKFORCE DEVELOPMENT, VOCATIONAL CERTIFICATIONS AND LEADERSHIP ENHANCEMENT OPPORTUNITIES, ALL DESIGNED TO EMPOWER DISADVANTAGED YOUTH AND ADULTS IN SE BHAM.
Revenues
$1.4M
Expenses
$2M
Net Income:
-$626.8K
Assets
$241.6K
Liabilities
$0
Net Assets:
+$241.6K
Operating Budget
$2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$50K
Largest grant received
$50K
R
Rod Jones
Board Member
S
Shirley Davis
Board Member
A
Andre Asberry
Board Member

Frequently Asked Questions

What is CORNERSTONE REVITALIZATION FOUNDATION INC’s budget?
In 2024, CORNERSTONE REVITALIZATION FOUNDATION INC reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does CORNERSTONE REVITALIZATION FOUNDATION INC support?
CORNERSTONE REVITALIZATION FOUNDATION INC supports work in Personal services and Community improvement.
Where does CORNERSTONE REVITALIZATION FOUNDATION INC operate?
CORNERSTONE REVITALIZATION FOUNDATION INC is headquartered in Birmingham, AL.
Who funded CORNERSTONE REVITALIZATION FOUNDATION INC recently?
In 2022, CORNERSTONE REVITALIZATION FOUNDATION INC received grants from ALABAMA POWER FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CORNERSTONE REVITALIZATION FOUNDATION INC received in 2022?
The largest grant to CORNERSTONE REVITALIZATION FOUNDATION INC in 2022 exceeds $50 thousand.
What is CORNERSTONE REVITALIZATION FOUNDATION INC’s reliance on government grants?
CORNERSTONE REVITALIZATION FOUNDATION INC relied on government grants for more than 100% of their total revenue in 2024.