NonprofitsCornet Association Of America

Community Improvement & Capacity Building

Cornet Association Of America

WASHINGTON, DC

Total revenue

$1.8M

Total expenses

$584K

Net assets

$56.1M

Grants received

EIN

272521668

Tax year

2024

Mission

To support, promote and advance (1)medical science and health care, innovation and alternative forms of education; continued Sch O.

Programs

2 programs

To support, promote and advance biological, marine, and environmental science, particularly as they complement the purposes of medical science, health care, and education; (4) political activities that foster individual responsibility and business development, especially in support of the other purposes; (5) public parks and land, including natural resource conservation; (6) amateur athletics; (7) performing arts; (8) m useums and educational facilities, making historical materials or artistic works accessible to others; (9) historic preservation and rehabilitation; and (10) programs that support best practices and management continuity in familybased, communityoriented privately held businesses;

Each fiscal year, Cornet Association of America identifies several programs operated by unrelated Section 501(c)(3) organizations that will support the primary educational mission. Now that Cornet has available assets, it intends to make distributions to these unrelated educational organizations each year. See Schedule O.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$538K
Other revenue$1.3M
Total revenue$1.8M

Expenses

Grants paid$160K
Salaries & benefits
Fundraising
Other expenses$424K
Total expenses$584K
Total assets$56.1M
Net assets$56.1M

People

3 listed

NameRoleCompensation

Donald D Kozusko

Secretary Treasurer

Board

1 hrs/wk

George N Harris Jr

President

Board

1 hrs/wk

Edwin J Broecker

Vice President

Board

1 hrs/wk

Details

EIN272521668
NTEE codeS11
Subsection04
Ruling date2010-09
Formed2010
Employees0
CORNET ASSOCIATION OF AMERICA — Mission, Financials & Grants Received | Grantivo