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CORNERSTONE FOUNDATION INC

BARRE, Vermont, 05641

EIN: 82-5237372

Recreation, Sports, Leisure, Athletics

MISSION

FUNDRAISING TO SUPPORT YOUTH SPORTS AND OTHER COMMUNITY CHARITABLE ORGANIZATIONS.

 FORM 1023-EZ for CORNERSTONE FOUNDATION INC

DEMOGRAPHIC

ADDRESS
77 FRANKLIN ST
05641
COUNTY
washington county, VT

ORGANIZATIONAL OVERVIEW & RANKINGS

CORNERSTONE FOUNDATION INC is a based in BARRE, VT, focused on Recreation, Sports, Leisure, Athletics causes , specifically Fund Raising and/or Fund Distribution. Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,422,140 among 2,656,690 nonprofits nationally (Top 92%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 7,367 out of 8,843 organizations in VT (Top 84%).

In washington county, VT, the organization ranks 1,022 out of 1,100 nonprofits by assets (Top 93%), while locally in barre, it stands at 170 among 207 organizations (Top 82%).

The organization reported no revenue in the most recent filing period, placing it at 2,157,411 nationally and 7,367 in VT.

Within its specific NTEE classification (N12 - N: Recreation, Sports, Leisure, Athletics), which includes 5,994 similar organizations, CORNERSTONE FOUNDATION INC ranks 4,488 in assets (Top 75%) and 4,488 in revenue (Top 75%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jan. 2021
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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