Nonprofit · EIN 87-1717011
CORNERSTONE YOUTH SERVICES
Tax-exempt · INDIANAPOLIS, IN 46218
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $312,234 | $291,075 | $21,159 | $161,244 | $26,350 | $134,894 |
| December 31, 2023 | 990-EZ | $140,750 | $140,750 | $0 | $0 | – | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $312,234
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $226,600
- Salaries, compensation and benefits (total)
- $226,600
- Professional fundraising fees
- $0
- Program services (functional)
- $263,006
- Management and general (functional)
- $28,069
Balance sheet and other
- Total assets, start of year
- $82,741
- Total assets, end of year
- $161,244
- Total liabilities, end of year
- $26,350
- Net assets, end of year
- $134,894
- Net assets with donor restrictions
- $134,894
- Gross receipts
- $312,234
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicole Baker | Board Secretary Trustee or director, Officer | 1 | $0 |
| Jasmine Rodriguez | Board President Trustee or director, Officer | 1 | $0 |
| Mimi Hoang | Board Treasurer Trustee or director, Officer | 1 | $0 |
| Kernest Russell | CEO Officer, Key employee | 60 | $0 |
| Jazzmin Williams | Executive Director Officer, Key employee | 60 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kernest Russell | Chief Executive Officer | 60 | $17,346 |
| Jazzmin Williams | Executive Director | 60 | $15,440 |
Address and contacts
- Address (IRS master file)
- 2435 NORTH SHERMAN DRIVE, INDIANAPOLIS, IN 46218-3876
- Principal officer (990 for 2025)
- Cornerstone, 2435 NORTH SHERMAN DRIVE, Indianapolis, IN 462183876
- Signed the 990
- Kernest Russell, CEO
- Phone
- (937) 477-6441
Mission
Cornerstone Youth Services intends to increase resources for youth in the community and further educational and career opportunities.
Program accomplishments
- Held a career dayExpenses $263,006
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1717011
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $161,244
- Income (IRS master file)
- $312,234
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $312,234 | $291,075 | $161,244 | XML |
| 990-EZ | December 2023 | $140,750 | $140,750 | $0 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1717011).
Questions about CORNERSTONE YOUTH SERVICES
- What is the EIN of CORNERSTONE YOUTH SERVICES?
- The employer identification number (EIN) of CORNERSTONE YOUTH SERVICES is 87-1717011.
- Is CORNERSTONE YOUTH SERVICES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to CORNERSTONE YOUTH SERVICES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE YOUTH SERVICES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNERSTONE YOUTH SERVICES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE YOUTH SERVICES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CORNERSTONE YOUTH SERVICES?
- The 990 for the year ended December 31, 2025 names Cornerstone.
- Who are the officers and directors of CORNERSTONE YOUTH SERVICES?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CORNERSTONE YOUTH SERVICES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $312,234, expenses of $291,075 and total assets of $161,244 at year end.
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