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MISSION

The purpose of the organization is to support young ladies in their efforts to search for work by continuing their education, and vocational training. The main goal is to prepare them to support themselves through education and sustainable training.

 FORM 1023-EZ for CORNERSTONE GRANT

DEMOGRAPHIC

ADDRESS
665 AVENUE C
07002
COUNTY
hudson county, NJ
IN CARE OF NAME
FATHER ATHANASIUS ELBARAMOSSY

ORGANIZATIONAL OVERVIEW & RANKINGS

CORNERSTONE GRANT is a based in BAYONNE, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $185.00, this ranks 777,990 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 23,255 out of 72,131 organizations in NJ (Top 33%).

In hudson county, NJ, the organization ranks 785 out of 3,003 nonprofits by assets (Top 27%), while locally in bayonne, it stands at 84 among 308 organizations (Top 26%).

The organization reported annual revenue of $235,613.00, ranking 267,078 nationally (Top 11%) and 6,500 in NJ (Top 10%).

Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, CORNERSTONE GRANT ranks 7,264 in assets (Top 42%) and 1,964 in revenue (Top 12%).

The organization files a 990 (all other) or 990EZ return 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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
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

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$235,613.00
FORM 990 REVENUE AMOUNT
$235,613.00
RULING DATE
04/2021
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$185.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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