Cornerstone Television Inc
Nonprofit profile at a glance
- EIN
- 237112560
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Wall, PA, USA
- Phone
- 4128243930
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religious Television
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,936,067
- Expenses
- $4,812,502
- Assets
- $9,175,684
- Liabilities
- $244,217
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- STEVE JOHNSON (PRESIDENT/CEO)
Highest reported compensation
- STEVE JOHNSON (PRESIDENT/CEO): $116,070 total reported compensation
- PAUL BIXLER (VICE CHAIRMAN): $78,477 total reported compensation
- REV GARY MITRIK (CHAIRMAN): $33,550 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Production and broadcasting of religious and educational programs.
What it reported doing in 2025
Broadcasting & production - television broadcasting of in-house, nationally syndicated, and local religious and educational oriented programs, serving western and central Pennsylvania and other parts of the united states.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 68
- Accountability: 67
- Sustainability: 33
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.6%; rating input score 87
- Program expense ratio: 60.8%; rating input score 61
- Fundraising efficiency: $2.14 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 69.7%; rating input score 70; 24th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 42.9%; rating input score 43; 10th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -22.3%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.4% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -3.6% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 86.6% of revenue deployed · 60.8% of spending went to programs
- Governance: 3 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.9M in reported program spending
- Leadership: top reported pay $116K · 7 people listed
- Highest-paid contractors: 1 contractor listed · $195K reported
- Consistency: 36 of 38 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 14 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 9 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Independent voting board scored 43/100.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.