Logo for "CORNERSTONE WEST COMMUNITY DEV CORP"

CORNERSTONE WEST COMMUNITY DEV CORP

CORNERSTONE WEST COMMUNITY DEV CORP

WILMINGTON, DE, US
501(c)(3)
EIN
51-0387484
Regional Funder
Logo for "CORNERSTONE WEST COMMUNITY DEV CORP"

CORNERSTONE WEST COMMUNITY DEV CORP

WILMINGTON, DE, US
501(c)(3)
EIN
51-0387484
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,340,622

Government Grants
58%
Contributions
37%
Other
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$1,596,122

Salaries & Benefits
42%
Other
25%
Grants
22%
Depreciation
8%
Offices, Occupancy & IT
1%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$485,274
$494,449
+2%
Government Grants
$529,352
$772,701
+46%
Fundraising Events
$0
$0
-
Program Services
$101,486
$0
-100%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$63,624
$73,472
+15%
Total Revenues
$1,179,736
$1,340,622
+14%
Expenses
2023
2024
Change
Grants
$457,090
$345,391
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$585,176
$671,563
+15%
Fees to Service Providers
$39,575
$16,850
-57%
Advertising & Promotion
$813
$2,075
+155%
Offices, Occupancy & IT
$13,401
$20,988
+57%
Interest
$4,974
$3,311
-33%
Depreciation
$124,828
$128,959
+3%
Other
$476,806
$406,985
-15%
Total Expenses
$1,702,663
$1,596,122
-6%
Net income
2023
2024
Change
Net income
-$522,927
-$255,500
+51%
Functional Expenses
Summary
2023
2024
Change
Program
$1,583,778
$1,384,170
-13%
Admin
$118,885
$211,952
+78%
Fundraising
$0
$0
-
Total Expenses
$1,702,663
$1,596,122
-6%
Income Statement
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