Cornerstone Center for Economic Opportunity
Nonprofit profile at a glance
- EIN
- 842683167
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2019
- Location
- Fort Worth, TX, USA
- Phone
- 4696775380
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $83,143
- Expenses
- $72,488
- Assets
- $86,466
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- ANDREW J WILEMAN (DIRECTOR/CHAIRM)
- CHRISTOPHER L SIMMONS SR (DIRECTOR/SEC)
- GREG LAMB (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cceo works with members of the south dallas community to start and build businesses that serve the community, as well as provide employment. Cceo addresses the many issues facing the south dallas community, including spiritual, social, economic, addiction, and other at-risk challenges that have stripped residents of the opportunity to improve their lives and the lives of their children.
What it reported doing in 2025
In 2025, cceo worked with individuals, businesses and other non-profit organizations in south dallas to empower adults facing social, economic, addiction and other at-risk challenges through dignified, meaningful training. The goal being to provide assistance with the start up of small businesses and non-profits in the south dallas area.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.2%; rating input score 87
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.8%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 16.6%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 13.9% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: -6.3% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: -6.9% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 87.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $72K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 9/100.