Cornerstone Center For Training And Development Inc in Glenside, Pennsylvania (PA)
Table of contents:
Cornerstone Center For Training And Development Inc | |
Employer Identification Number (EIN) | 232669902 |
Name of Organization | Cornerstone Center For Training And Development Inc |
Address | 115 East Glenside Avenue, Glenside, PA 19038-4618 |
Activities | Discussion groups, forums, panels lectures, etc. |
Subsection | Charitable Organization |
Ruling Date | 04/1992 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1 to $9,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $5,902 |
Amount of Income | $130,613 |
Form 990 Revenue Amount | $130,613 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Museum, Museum Activities |
Non-representatives - add comments:
Amount of income in 2013: $130,613 (it was $125,830 in 2012)
Cornerstone Center For Training And Development Inc: | $130,613 |
Other organizations performing similar types of work: | $60,780 |
Assets in 2013: $5,902 (it was $7,694 in 2012)
This organization: | $5,902 |
Other organizations performing similar types of work: | $204,271 |
Expenses in 2013: $132,052
Cornerstone Center For Training And Development Inc: | $132,052 |
Other organizations performing similar types of work: | $47,710 |
Income to expenses ratio in 2013: 1.0
Cornerstone Center For Training And Development Inc: | 1.0 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 5.5%
Cornerstone Center For Training And Development Inc: | 5.5% |
Other organizations performing similar types of work: | 46.4% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $127,410 | $125,830 | $130,613 |
Contributions, gifts, grants, and similar amounts received | $528 | $1,450 | $7,125 |
Program service revenue including government fees and contracts | $124,631 | $121,182 | $122,841 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $28 | $6 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $2,223 | $3,192 | $647 |
Total expenses | $129,976 | $126,728 | $132,052 |
Total net assets | $-1,745 | $-2,643 | $-4,082 |
Excess/Deficit for the year | $-2,566 | $-898 | $-1,439 |
Net assets or fund balances at beginning of year | $1,055 | $-1,745 | $-2,643 |
Other changes in net assets or fund balances | $-234 | $0 | $0 |
Net assets or fund balances at end of year | $-2,643 | $-4,082 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $7,570 | $7,694 | $5,902 |
Total liabilities | $9,315 | $10,337 | $9,984 |
Net assets or fund balances | $-1,745 | $-2,643 | $-4,082 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
Total amount involved | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $580,830 |
Subtotal | $580,830 |
Gifts, grants, contributions, and membership fees received | $10,478 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $560,632 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $9,720 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
Less | $0 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
Total support | $589,361 |
Public support | $580,830 |
Subtotal | $64 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $64 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $8,467 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Seven Bridges Foundation Inc | 114 John St, Greenwich, CT 06831-2649 | CT | 1998-02 | $47,654,082 |
2 | The Marshall Museum And Library, Marshall E Pierce Ttee | 320 Hammond Hwy 403, Metairie, LA 70005-5100 | LA | 1995-12 | $21,905,070 |
3 | Tennessee Golf Foundation | 400 Franklin Rd, Franklin, TN 37069-8204 | TN | 1990-09 | $8,734,548 |
4 | Renfrew Committee Inc | 1010 E Main St, Waynesboro, PA 17268-2338 | PA | 1997-10 | $248,122 |
5 | James M Stewart Museum Foundation | 835 Philadelphia St, Indiana, PA 15701-3907 | PA | 1994-03 | $148,671 |
6 | Cornerstone Center For Training And Development Inc | 115 East Glenside Avenue, Glenside, PA 19038-4618 | PA | 1992-04 | $130,613 |
7 | Bradford County Heritage Association | PO BOX 265, Troy, PA 16947-0265 | PA | 1991-11 | $44,929 |
8 | Vocal Group Hall Of Fame Foundation | 82 W State St, Sharon, PA 16146-1367 | PA | 1998-08 | $23,679 |
9 | Coates Heritage House | 111 E Main St, Elkland, PA 16920-1311 | PA | 1997-10 | $10,785 |
10 | Avenue Of 444 Flags Foundation | 2619 E State Street, Hermitage, PA 16148 | PA | 1990-05 | $0 |
11 | Bethlen Museum And Archives Inc | Local, Ligonier, PA 15658 | PA | 1993-01 | $0 |
12 | Drake Well Memorial Park Foundation | Rr 3, Titusville, PA 16354-9803 | PA | 1995-12 | $0 |
13 | Erie Historical Museum | 356 W 6th St, Erie, PA 16507 | PA | 1997-07 | $0 |
14 | Genesis Wildlife Center Inc | 1303 Romeo Road, Tobyhanna, PA 18466 | PA | 1998-07 | $0 |
15 | Greater Meadville Tooling Center | Po Box 3748, Erie, PA 16508 | PA | 1996-05 | $0 |
16 | Greek American Community Historical Society Of Greater Phila & Enviros | 9 Appletree Ct, Philadelphia, PA 19106-2014 | PA | 1990-12 | $0 |
17 | Pennsylvania Museum Of Military Vehicles | 508 St Andrews Ln, Stroudsburg, PA 18360 | PA | 1995-02 | $0 |
18 | Sea Wolf Museum Inc | 755 E Rock Rd, Allentown, PA 18103 | PA | 1997-06 | $0 |
19 | Windber Area Museum | 1311 Omerset Ave, Windber, PA 15963 | PA | 1998-01 | $0 |
20 | Woodcock Museum & Historical Society Inc | 17556 Price Rd, Saegertown, PA 16433 | PA | 1994-06 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 378 |
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