Project Cornerstone Inc

Nonprofit profile at a glance

EIN
465413149
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025
Location
Carlsbad, CA, USA
Phone
6192848515
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Energy Resources Conservation and Development

Reported finances

Revenue
$102,989
Expenses
$91,054
Assets
$61,170
Liabilities
$66

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CRYSTAL HOWARD (President)
  • CHRIS IACCIO (Vice President)

People named in this filing

  • CRYSTAL HOWARD (President)
  • CHRIS IACCIO (Vice President)
  • MATT POUND (Secretary)

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

Project cornerstone is organized to operate exclusively for educational purposes and is dedicated to educating community members, public agencies and policy makers about the importance of local construction aggregates (i.e. Sand, gravel and crushed stone).

What it reported doing in 2025

Construction Summer Academy: This is a week long academy for the Grossmont Union High School District's Career Technical Education Construction Pathway classes. Project Cornerstone organizes field trips and provides the supplies for the students to build their own mini concrete skatepark. Students break up into groups and form their own companies, select a name, logo and mission statement as it relates to building skateparks. Then they give a presentation at the end of the camp before their parents and a panel of judges.

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
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.8%; rating input score 83
  • Program expense ratio: 93.6%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.6%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 11.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 15.6% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 82.8% of revenue deployed · 93.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $85K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • 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.

  • Review — Sustainability: Operating margin scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.