Cornerstone Revitalization Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE WORK TO FULFILL OUR MISSION THROUGH EDUCATIONAL PROPGRAMMING, WORKFORCE DEVELOPMENT, VOCATIONAL CERTIFICATIONS AND LEADERSHIP ENHANCEMENT OPPORTUNITIES; ALL DESIGNEDTO EMPOWER DISADVANTAGED YOUTH AND ADULTS IN THE SOUTHWEST AREA OF BIRMINGHAM.
- Income
- $1.4 million
- Spending
- $2.0 million
- Spent on programs
- 85%
- Reserves
- 1.4 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 23
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 21% of charities in its peer group (community improvement, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 44% of income.
Income trend
5 of 15Income fell 22% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 47 out of 100. Higher than 6% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2526 of 26 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $732,940 spent. YOUTH BUILD OFFERED CERTIFICATION PATHWAYS IN HIGH DEMAND FIELDS TO INCLUDE: CONSTRUCTION TRADES AND HEALTHCARE CERTIFICATIONS. PARTICIPANTS WERE ALSO ABLE TO OBTAIN THEIR GED AND/OR HIGH SCHOOL DIPLOMA.
- $402,329 spent. WORKFORCE DEVELOPMENT SERVES ADULTS 25 AND OLDER WITH AN EMPHASIS ON INDIVIDUALS WHO FACE AN ELEVATED RISK OF RE-OFFENDING DUE TO ECONOMIC INSECURITY, LIMITED EDUCATIONAL ATTAINMENT OR CHALLENGING SOCIAL AND PERSONAL CIRCUMSTANCES.
- $949,699 spent. CRITICAL REPAIR IS THERE TO MEET THE EXPANDING NEEDS OF THE HEALTHCARE WORKFORCE AND PARTICIPANTS CAN EARN CREDENTIALS IN PHLEBOTOMY AND CERTIFIED NURSING ASSISTANT. PARTICIPANTS CAN ALSO PURSUE TRAINING TO OBTAIN A COMMERCIAL DRIVER S LICENSE PREPARING THEM FOR JOBS IN TRANSPORTATION LOGISTICS AND COMMERCIAL DELIVERY
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2011 for not filing returns for three years, and reinstated on January 15, 2015.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.