Civic Intelligence

Cornerstone Rescue Mission

EIN 45-3848578 • 501(c)3 • Rapid City, SD

Profile

The foundation's mission is to raise funds for an endowment that will support nonprofit organizations committed to serving the homeless community, specifically cornerstone rescue mission.

3213 W Main St Rm/Ste 325Rapid City, SD 57702

cornerstonemission.org/FOUNDATION.HTML

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

3511%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,457,940

Up $280,407 (+24%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,457,940

Up $280,407 (+24%) from 2023

Revenue

Up

$231,494

Up $4,392 (+1.9%) from 2023

Expenses

Up

$13,353

Up $7,012 (+111%) from 2023

Net Income

Down

$218,141

Down $2,620 (-1.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2013: $600,315Liabilities 2013: $0Net Assets 2013: $600,3152013Assets 2014: $623,439Liabilities 2014: $0Net Assets 2014: $623,4392014Assets 2015: $619,071Liabilities 2015: $0Net Assets 2015: $619,0712015Assets 2016: $829,372Liabilities 2016: $0Net Assets 2016: $829,3722016Assets 2017: $929,287Liabilities 2017: $0Net Assets 2017: $929,2872017Assets 2018: $793,680Liabilities 2018: $0Net Assets 2018: $793,6802018Assets 2019: $913,463Liabilities 2019: $0Net Assets 2019: $913,4632019Assets 2020: $962,631Liabilities 2020: $0Net Assets 2020: $962,6312020Assets 2021: $1,124,842Liabilities 2021: $0Net Assets 2021: $1,124,8422021Assets 2022: $945,871Liabilities 2022: $0Net Assets 2022: $945,8712022Assets 2023: $1,177,533Liabilities 2023: $0Net Assets 2023: $1,177,5332023Assets 2024: $1,457,940Liabilities 2024: $0Net Assets 2024: $1,457,9402024

Highlighted filing

2024

Assets$1,457,940
Liabilities$0
Net Assets$1,457,940

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $517,164Expenses 2013: $1,912Net Income 2013: $515,2522013Revenue 2014: $4,721Expenses 2014: $3,637Net Income 2014: $1,0842014Revenue 2015: $293,861Expenses 2015: $279,614Net Income 2015: $14,2472015Revenue 2016: $151,643Expenses 2016: $5,126Net Income 2016: $146,5172016Revenue 2017: $24,368Expenses 2017: $10,392Net Income 2017: $13,9762017Revenue 2018: $25,939Expenses 2018: $122,659Net Income 2018: -$96,7202018Revenue 2019: $26,528Expenses 2019: $33,463Net Income 2019: -$6,9352019Revenue 2020: $34,741Expenses 2020: $9,803Net Income 2020: $24,9382020Revenue 2021: $63,272Expenses 2021: $7,666Net Income 2021: $55,6062021Revenue 2022: $6,290Expenses 2022: $33,470Net Income 2022: -$27,1802022Revenue 2023: $227,102Expenses 2023: $6,341Net Income 2023: $220,7612023Revenue 2024: $231,494Expenses 2024: $13,353Net Income 2024: $218,1412024

Highlighted filing

2024

Revenue$231,494
Expenses$13,353
Net Income$218,141

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.0
Gross Receipts
$530,611
Mission and Program Overview

Mission

The foundation's mission is to raise funds and establish an endowment that will support nonprofit organizations committed to serving the homeless community.

The foundation's mission is to raise funds for an endowment that will support nonprofit organizations committed to serving the homeless community, specifically cornerstone rescue mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,019,752$946,852▼ $72,900
Savings and Temporary Cash Investments$157,781$510,872▲ $353,091
Cash and Non-Interest-Bearing Accounts-$216-
Total Assets$1,177,533$1,457,940▲ $280,407
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,177,533$1,457,940▲ $280,407
Total Net Assets Fund Balance$1,177,533$1,457,940▲ $280,407
Total Liabilities and Net Assets / Fund Balance$1,177,533$1,457,940▲ $280,407

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,169,442$191,367▲ $102,392-$1,449,848
2023$937,779$153,567▲ $84,436-$1,169,442
2022$1,116,751$10,565▼ $156,067$27,168$937,779
2021$954,540$14,881▲ $154,996$1,245$1,116,751
2020$905,371$3,860▲ $55,111$4,310$954,540
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sam FischerPresident
Jan TibblesDirector
Rod SchlaugerDirector
James CastleberryExecutive Di
Tamara PierSecretary/tr
Greg BarnierVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$191,367
Program Service Revenue
$0
Investment Income
$40,127
Other Revenue
$0
All Other Contributions
$191,367
Change in Net Assets
$218,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,353
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$6,662-$6,662
Grants to Domestic Orgs$5,000--$5,000
Fees for Services Accounting-$1,630-$1,630
Office Expenses-$61-$61
Total Functional Expenses$5,000$8,353$0$13,353
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by a licensed cpa and reviewed in detail by the executive director. The board of directors is provided a copy of the form 990 prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is currently maintained within the foundation's bylaws. The policy requires that any interested person (director, officer, or committee member) with a direct or indirect financial interest disclose such interest to the board of directors. The board of directors will determine if a conflict of interest exists. Due diligence will be performed to investigate reasonable alternatives to the proposed transaction that would avoid conflicts of interest. If this is not reasonably possible, the transaction can be approved by the majority of the disinterested directors. The interested person will not be present during the discussion or vote.

Form 990, Page 6, Part VI, Line 15A

The foundation currently has no employees and does not intend to hire employees in the immediate future.

Form 990, Page 6, Part VI, Line 15B

The foundation currently has no employees and does not intend to hire employees in the immediate future.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public on request.

Filing and Contact Details

Filer

Filer Name
Cornerstone Rescue Mission
EIN
45-3848578
Phone
6057188713
Address
3213 W MAIN ST RM/STE 325, RAPID CITY, SD 57702

Signing Officer

Name
James Castleberry
Title
Executive Director
Phone
6057188713
Signed
2025-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Castleberry
Formed
2012
Legal Domicile
Sd
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Ketel Thorstenson Llp
Address
PO BOX 3140, RAPID CITY, SD 57709-3140
Preparer
Jeanette Schroeder CPA
Phone
6053425630
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment funds are intended to provide income for nonprofit organizations committed to serving the homeless population, specifically cornerstone rescue mission.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0937779
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0153567
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01169442
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt084436
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06302
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01116751
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt010565
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0937779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-156067
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt027168
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06421
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0954540
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt014881
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01116751
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0154996
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01245
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05493
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03860
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055111
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE INTENDED TO PROVIDE INCOME FOR NONPROFIT ORGANIZATIONS COMMITTED TO SERVING THE HOMELESS POPULATION, SPECIFICALLY CORNERSTONE RESCUE MISSION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00560
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY A LICENSED CPA AND REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS CURRENTLY MAINTAINED WITHIN THE FOUNDATION'S BYLAWS. THE POLICY REQUIRES THAT ANY INTERESTED PERSON (DIRECTOR, OFFICER, OR COMMITTEE MEMBER) WITH A DIRECT OR INDIRECT FINANCIAL INTEREST DISCLOSE SUCH INTEREST TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL DETERMINE IF A CONFLICT OF INTEREST EXISTS. DUE DILIGENCE WILL BE PERFORMED TO INVESTIGATE REASONABLE ALTERNATIVES TO THE PROPOSED TRANSACTION THAT WOULD AVOID CONFLICTS OF INTEREST. IF THIS IS NOT REASONABLY POSSIBLE, THE TRANSACTION CAN BE APPROVED BY THE MAJORITY OF THE DISINTERESTED DIRECTORS. THE INTERESTED PERSON WILL NOT BE PRESENT DURING THE DISCUSSION OR VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION CURRENTLY HAS NO EMPLOYEES AND DOES NOT INTEND TO HIRE EMPLOYEES IN THE IMMEDIATE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION CURRENTLY HAS NO EMPLOYEES AND DOES NOT INTEND TO HIRE EMPLOYEES IN THE IMMEDIATE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05000
IRS990/TotalFunctionalExpensesGrp/TotalAmt013353
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01457940
IRS990/TotalProgramServiceExpensesAmt05000
IRS990/TotalRevenueGrp/ExclusionAmt040127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0231494
IRS990/TotalVolunteersCnt06
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01457940
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03213 W MAIN ST RM/STE 325
IRS990/USAddress/CityNm0RAPID CITY
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057702
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IRS990/WebsiteAddressTxt0CORNERSTONEMISSION.ORG/FOUNDATION.HTML
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES CASTLEBERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06057188713
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CORNERSTONE RESCUE MISSION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CORN
ReturnHeader/Filer/EIN0453848578
ReturnHeader/Filer/PhoneNum06057188713
ReturnHeader/Filer/USAddress/AddressLine1Txt03213 W MAIN ST RM/STE 325
ReturnHeader/Filer/USAddress/CityNm0RAPID CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057702
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460257538
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KETEL THORSTENSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAPID CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0577093140
ReturnHeader/PreparerPersonGrp/PhoneNum06053425630
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEANETTE SCHROEDER CPA
ReturnHeader/ReturnTs02025-04-24T15:25:06-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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