Nonprofit · EIN 68-0342599
THE CORNERSTONE FORUM
Tax-exempt · SONOMA, CA 95476
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $23,600 | $44,615 | -$21,015 | $30,278 | $0 | $30,278 |
| December 31, 2023 | 990-EZ | $94,401 | $103,340 | -$8,939 | $54,164 | $2,871 | $51,293 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $21,132
- Investment income
- $595
- Net gain from sales of assets
- $1,398
- Other revenue
- $475
Expenses
- Compensation of officers, directors and key employees
- $33,733
- Salaries, compensation and benefits (total)
- $36,718
- Professional fees and payments to contractors
- $3,450
- Occupancy
- $508
- Printing, publications and postage
- $141
- Other expenses
- $3,798
- Program services (functional)
- $46,072
Balance sheet and other
- Total assets, start of year
- $54,164
- Total assets, end of year
- $30,278
- Total liabilities, end of year
- $0
- Net assets, end of year
- $30,278
- Cash, savings and investments
- $30,278
- Gross receipts
- $24,420
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gil Bailie | President Executive board member | 40 | $16,867 |
| Alex Lessard | Executive Dir board member | 10 | $10,433 |
| Rico McCahon | Executive Dir Treasurer | 5 | $6,433 |
| Randy Coleman-Riese | Secretary board member | 8 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gil Bailie | President Executive board member | 40 | $29,200 |
| Rico McCahon | Executive Dir Treasurer | 20 | $14,600 |
| Alex Lessard | Executive Dir board member | 20 | $14,600 |
| Randy Coleman-Riese | Secretary board member | 8 | $811 |
Address and contacts
- Address (IRS master file)
- 19201 HWY 12 221, SONOMA, CA 95476-0000
- In care of
- % GIL BAILIE
- Mailing address (990-N for 2025)
- 19201 HWY 12 221, SONOMA CA 954760000
- Principal officer (990-N for 2025)
- Gil Bailie, 19201 HWY 12 221, SONOMA CA 954760000
- Signed the 990-EZ
- Randy Coleman Riese, Secretary
- Website
- cornerstoneforum.org
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0342599 or by the name THE CORNERSTONE FORUM.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Exploring the spiritual & moral coherence of the Western literary & religious tradition through classes podcasts & publications
Program accomplishments
- Exploring the spiritual & moral coherence of the Western literary & religious tradition through classes audio materials podcasts & publications.Expenses $46,072
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 68-0342599
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B60)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Gil Bailie | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $23,600 | $44,615 | $30,278 | XML |
| 990-EZ | December 2023 | $94,401 | $103,340 | $54,164 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
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 68-0342599).
Questions about THE CORNERSTONE FORUM
- What is the EIN of THE CORNERSTONE FORUM?
- The employer identification number (EIN) of THE CORNERSTONE FORUM is 68-0342599.
- Is THE CORNERSTONE FORUM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE CORNERSTONE FORUM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CORNERSTONE FORUM file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE CORNERSTONE FORUM 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 THE CORNERSTONE FORUM last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of THE CORNERSTONE FORUM?
- The 990-N for 2025 names Gil Bailie.
- Who are the officers and directors of THE CORNERSTONE FORUM?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $16,867 (Gil Bailie, President Executive board member).
- How much revenue does THE CORNERSTONE FORUM have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $23,600, expenses of $44,615 and total assets of $30,278 at year end.
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