funder logo

CORNERSTONE PUBLIC ASSET FUND INC

CORNERSTONE PUBLIC ASSET FUND INC

BENTON HARBOR, MI, US
501(c)(3)
EIN
46-4405437
Regional Funder
funder logo

CORNERSTONE PUBLIC ASSET FUND INC

BENTON HARBOR, MI, US
501(c)(3)
EIN
46-4405437
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,466,820

Fundraising Events
45%
Program Services
35%
Contributions
18%
Investments
2%
Other
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$7,429,497

Grants
31%
Other
28%
Salaries & Benefits
22%
Offices, Occupancy & IT
10%
Depreciation
6%
Advertising & Promotion
2%
Fees to Service Providers
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$273,700
$1,550,654
+467%
Government Grants
$0
$0
-
Fundraising Events
$4,157,034
$3,770,237
-9%
Program Services
$2,634,734
$2,954,301
+12%
Membership Dues
$60,000
$0
-100%
Investments
$73,265
$130,967
+79%
Other
-$103,801
$60,661
-158%
Total Revenues
$7,094,932
$8,466,820
+19%
Expenses
2023
2024
Change
Grants
$2,345,000
$2,320,000
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,570,357
$1,663,680
+6%
Fees to Service Providers
$113,773
$96,099
-16%
Advertising & Promotion
$121,942
$116,690
-4%
Offices, Occupancy & IT
$654,001
$756,315
+16%
Interest
$3,461
$0
-100%
Depreciation
$638,343
$416,359
-35%
Other
$814,347
$2,060,354
+153%
Total Expenses
$6,261,224
$7,429,497
+19%
Net income
2023
2024
Change
Net income
+$833,708
+$1,037,323
+24%
Functional Expenses
Summary
2023
2024
Change
Program
$5,554,039
$6,649,352
+20%
Admin
$707,185
$780,145
+10%
Fundraising
$0
$0
-
Total Expenses
$6,261,224
$7,429,497
+19%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)