Cornerstone Young Women's Learning Center Nfp
Nonprofit profile at a glance
- EIN
- 272702958
- IRS 990-EZ coverage
- 2011–2016
- Forms available
- Form 990-EZ 2016
- Location
- Oswego, IL, USA
- Phone
- 6305546094
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $52,804
- Expenses
- $153,419
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- REGINA NIEMIEC (DIRECTOR,PRESIDENT & SECRE)
- RICHARD NIEMIEC (DIRECTOR,VICE PRESIDENT &)
People named in this filing
- REGINA NIEMIEC (DIRECTOR,PRESIDENT & SECRE)
- RICHARD NIEMIEC (DIRECTOR,VICE PRESIDENT &)
- DIANNE JASKULSKE (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cornerstone's mission is to assist young single mothers and/or pregnant women who are low-income or homeless, step out of the cycle of poverty and into a future of success, through the facilitation of education. Cornerstone's primary program, which commenced in 2011, is the operation of a twenty-four hour live-in facility for single mothers and/or pregnant women and their children.
What it reported doing in 2016
Cornerstone was incorporated on may 4, 2010. The corporate bylaws were created and other organizational activities were conducted during 2010. The primary activities associated with carrying out our exempt purpose, which includes providing housing, basic necessities, funds for child care and scholarship assistance to young single mothers and pregnant women who reside at the organizations live-in facility, commenced in 2011.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 45%; rating input score 45
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: -190.5%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -65% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -8.2% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: -10.2% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 45% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2011 to 2016
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.