Cornerstone Assistance Network INC FY2023 filing

Tax-deductible

Fort Worth, TX501(c)(3)Human ServicesEIN 75-2417646Revenue $5.1M in FY2023

On file with the IRScanetwork.org3500 Noble Ave, 76111-4618 · Fort Worth, TXTax-exempt since Oct 1992Publicly supported charity — 170(b)(1)(A)(vi)

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The organization assists homeless individuals, single parents and low income families in obtaining food, shelter, clothing, employment childcare, transportation and financial and medical assistance

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$626K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $366K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$626K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$435K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
-60% vs prior year
Spent
$6.4M
To programs
88%
Net assets
$8.1M
By yearFY2020–FY2024
Revenue
$5.1M
FY2023▼ -60%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.4M
FY2021$6.9M
FY2022$12.7M
FY2023$5.1M
FY2024$4.9M
Expenses
$6.4M
FY2023▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$6.5M
FY2022$9.8M
FY2023$6.4M
FY2024$5.7M
Net assets
$8.1M
FY2023▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.0M
FY2021$6.4M
FY2022$9.4M
FY2023$8.1M
FY2024$7.3M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $5.6M Management & general 11% · $723K Fundraising 1% · $70K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

31 people listed on the 990; $626K paid to officers and key staff.

Part VII, Section A · reportable compensation
$166,840Pt VII · Sec A
Chief Executive Officer
$137,335Pt VII · Sec A
$137,335Pt VII · Sec A
$92,297Pt VII · Sec A
Chief Administrative Officer
$92,297Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dr Stanley Fitzer’s $172K as Dentist is at the 82nd percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dr Stanley Fitzer$171,853$166,840———
Mike Doyle$143,717$137,335$126,200$126,575$125,207
Kay Doyle$100,150$92,297———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cornerstone Assistance Network INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides food, shelter, clothing, jobs, childcare, and financial aid to those in need.

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Provided by the organization

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4 programs · $8.8M · in their own filed words · FY2023
01

Provided food, clothing, household items, job training, medical clinics, community meeting, computer labs, training, housing, case management, emergency assistance, referral services, transportation and related services to low income & homeless individuals.

$3.6Mprogram expense
02

Comm Srvcs, Thrift Store,Re-entry Srvcs, Workforce Dev., Intermed Srvcs, Medical Clinic, VISTA, CAN VISTA, RSVP: Direct access to services and resources to people in their Tarrant County area

$3.0Mprogram expense
03

Emergency Fin Services, Ccb

Outreach to homeless people to engage them into a strategy to access services available to them.

$1.4Mprogram expense
04

Emergency Fin Srvcs, Ccb,& Ccc

Outreach to homeless people to engage them into a strategy to access services available to them

$782Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$12K
Grants paid · 34 grants · $19.7M · 2020–2024
Unitemized GrantFY2024$483,176
Unitemized GrantFY2024$420,941
Unitemized GrantFY2024$61,650
Unitemized GrantFY2024$16,075
Unitemized GrantFY2023$1,276,422
Unitemized GrantFY2023$1,251,424
Unitemized GrantFY2023$544,403
Unitemized GrantFY2023$483,465
Unitemized GrantFY2023$285,594
Unitemized GrantFY2023$139,215
Unitemized GrantFY2023$133,475
Unitemized GrantFY2023$132,027
Unitemized GrantFY2023$24,098
Unitemized GrantFY2023$20,752
Unitemized GrantFY2022$5,049,478
Unitemized GrantFY2022$1,573,604
Unitemized GrantFY2022$483,465
Unitemized GrantFY2022$243,712
See all 34 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Gifts and grantsLn 1h$3.4M
Other incomeLn 4–11$1.4M
Fees for servicesLn 2g$263K
Money outPt IX
$6.4M
Ln 25
Programscol B$5.6M
Managementcol C$723K
Fundraisingcol D$70K
Owns and owesPt X
$8.1M
net assets · Ln 32
Cash and savingsLn 1–2$3.4M
Total assetsLn 16$8.6M
LiabilitiesLn 26$435K
PeoplePt VI, VII
31
listed · VII A
PaidVII A5
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.4M
Government grantsLn 1e$1.7M
Fees for servicesLn 2g$263K
Investment incomeLn 3$126K
Other incomeLn 4–11$1.4M
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$3.4M
Total assetsLn 16$8.6M
LiabilitiesLn 26$435K
Net assetsLn 32$8.1M
OperationsPt I, VI
EmployeesI 542
VolunteersI 698
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.9M$5.7M−$802K$7.3M 990 PDF
FY2023 Viewing $5.1M$6.4M−$1.2M$8.1M 990 PDF
FY2022 $12.7M$9.8M$3.0M$9.4M 990 PDF
FY2021 $6.9M$6.5M$466K$6.4M 990 PDF
FY2020 $4.4M$3.9M$448K$6.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (1 part)
Part VI · Governance 12 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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