Cornerstone Television Inc
PRODUCTION AND BROADCASTING OF RELIGIOUS AND EDUCATIONAL PROGRAMS.
Key facts about Cornerstone Television Inc
- EIN
- 23-7112560
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $113,400
- Grants made (2024)
- 10
- Average grant
- $11,340
- Median grant
- $12,000
- New grantees (estimate)
- 10% first-time grantees (1 of 10, 2024)
- Total assets
- $9,679,351
- Primary geography
- Pennsylvania (92% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Cornerstone Television Inc funds
By grant dollars, the top recipient states for Cornerstone Television Inc's 10 itemized 2024 grants were Pennsylvania (92%) and Missouri (8%). The most frequent recipient cities were Pittsburgh, PA (6 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Ministry" (10 grants).
Is Cornerstone Television Inc open to new grantees?
10%
first-time grantees, 2024
In 2024, 1 of 10 grantees (10%) were first-time recipients. First grants averaged $9K; repeat grants $12K. How we count
Medians: $9K first-time, $12K repeat.
- 90% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−19%). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Cornerstone Television Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
-5.7% YoY
Annual Giving
$113K
-35.4% YoY
Grant Count
10
-37.5% YoY
Avg Grant Size
$11K
+3.4% YoY
About Cornerstone Television Inc
Based on IRS filings
Cornerstone Television Inc is a nonprofit organization focused on Religion Related, based in Wall, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.7M in total assets. In 2024, it awarded 10 grants totaling $113K. Net investment income was $261K.
Focus Areas
Ready to take the next step with Cornerstone Television Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,679,351 | $10,269,080 | $10,693,013 |
| Revenue | $4,153,645 | $4,421,732 | $4,892,228 |
| Expenses | $4,650,700 | $4,866,716 | $4,696,932 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $260,780 | $246,582 | $58,120 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Pittsburgh Dream Center ($18,000), Hosanna House ($14,400), Extravagant Love Project ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PITTSBURGH DREAM CENTER McKeesport, PA | MINISTRY | $18,000 |
| HOSANNA HOUSE Pittsburgh, PA | MINISTRY | $14,400 |
| EXTRAVAGANT LOVE PROJECT Pittsburgh, PA | MINISTRY | $12,000 |
| NEHEMIAH PROJECT Altoona, PA | MINISTRY | $12,000 |
| WOMENS CHOICE NETWORK Pittsburgh, PA | MINISTRY | $12,000 |
| YWAM PITTSBURGH Pittsburgh, PA | MINISTRY | $12,000 |
| NO WALLS MINISTRIES Monroeville, PA | MINISTRY | $12,000 |
| ASSEMBLIES OF GOD WORLD MISSIONS Springfield, MO | MINISTRY | $9,000 |
| VOICES FOR THE UNBORN Pittsburgh, PA | MINISTRY | $6,000 |
| MAD DADS OF GREATER PITTSBURGH Pittsburgh, PA | MINISTRY | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steve Johnson | President/CEO | 40 | $103,250 |
| Angela Madden | Director | 1 | $11,600 |
| Paul Bixler | Vice Chairman | 1 | $69,940 |
| Leon Haynes | Director | 1 | $300 |
| Thomas Scott | Treasurer | 1 | — |
| Rev Gary Mitrik | Chairman | 1 | $32,400 |
| Antonino J Comanici | Director | 1 | $600 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cornerstone Television Inc?
Cornerstone Television Inc is a nonprofit organization focused on Religion Related, based in Wall, PA. It holds $9.7M in total assets as of 2024.
How large is Cornerstone Television Inc?
As of 2024, Cornerstone Television Inc holds $9.7M in total assets with $4.2M in annual revenue. It awarded 10 grants totaling $113K in 2024.
Where does Cornerstone Television Inc operate?
Cornerstone Television Inc has awarded grants in Alabama, California, Illinois, Massachusetts, Missouri, New York, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Cornerstone Television Inc award?
In 2024, Cornerstone Television Inc awarded 10 grants totaling $113K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is Cornerstone Television Inc's EIN?
Cornerstone Television Inc's EIN (Employer Identification Number) is 23-7112560. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cornerstone Television Inc's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.