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Education : Youth Education Programs and Services

Cornerstone Schools of Alabama

A model of excellence in urban education

two stars

77.67

118 55th Street N. Birmingham, AL 35212
tel: (205) 591-7600   Web Site
EIN: 63-0948472

Board Leadership
Drayton Nabers
Chairman of the Board

CEO
Nita Carr
President

  Score
(out of 100)
Rating
Overall Score & Rating 77.67 two stars
  Financial 93.98 four stars
  Accountability & Transparency 69.00 one star
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Cornerstone Schools of Alabama was founded in 1993 by the late C. Molton Williams and area business and community leaders. These leaders sought to end the cycle of poverty that goes hand in hand with an inadequate education. The mission of Cornerstone Schools is to provide Birmingham's urban children a Christ-centered environment of excellence in learning, character development, fine arts, and service to community. Cornerstone recognizes the unique challenges facing today's urban families and provides the tools and resources necessary for children to develop to their fullest potential while supporting parents in nurturing their child's personal and spiritual growth, enhancing self-esteem, and teaching personal responsibility.

Cornerstone Schools of Alabama was founded in 1993 by the late C. Molton Williams and area business and community leaders. These leaders sought to end the cycle of poverty that goes hand in hand with an inadequate education. The mission of Cornerstone Schools is to provide Birmingham's urban children a Christ-centered environment of excellence in learning, character development, fine arts, and service to community. Cornerstone recognizes the unique challenges facing today's urban families and provides the tools and resources necessary for children to develop to their fullest potential while supporting parents in nurturing their child's personal and spiritual growth, enhancing self-esteem, and teaching personal responsibility.

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Financial

four stars

93.98

Accountability & Transparency

one star

69.00

This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.1%
  Administrative Expenses 16.7%
  Fundraising Expenses 2.0%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 1.82
  Program Expenses Growth 6.6%
  Liabilities to Assets 2.6%
All data for Financial Performance Metrics calculations was provided by Cornerstone Schools of Alabama on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cornerstone Schools of Alabama on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Schools of Alabama (AL) 77.67 two stars
Open School (OR) 90.94 four stars
Good Shepherd Nativity Mission School (LA) 88.22 three stars
Denver Street School (CO) 85.88 three stars
Central Institute for the Deaf (MO) 91.53 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,397,770
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $477,787
   Related Organizations $0
   Government Grants $626,833
Total Contributions $4,502,390
   Program Service Revenue $778,170
Total Primary Revenue $5,280,560
   Other Revenue $-13,470
TOTAL REVENUE $5,267,090
   
EXPENSES  
   Program Expenses $4,144,519
   Administrative Expenses $815,839
   Fundraising Expenses $77,229
TOTAL FUNCTIONAL EXPENSES $5,037,587
   
Payments to Affiliates $0
Excess (or Deficit) for the year $229,503
   
Net Assets $8,687,671

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Education $4,144,519 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-07 12/01/2019 77.67 two stars
2017-07 12/21/2018 77.92 two stars
2016-07 02/01/2018 80.13 three stars
2015-07 12/01/2016 79.93 two stars
2014-07 06/01/2016 74.33 two stars
 
CN 2.0
2014-07 11/01/2015 69.64 one star
2013-07 12/22/2014 71.45 two stars
2012-07 09/01/2013 75.45 two stars
2011-07 07/01/2012 73.76 two stars
2010-07 09/20/2011 73.81 two stars
 
CN 1.0
2009-07 11/01/2010 77.63 two stars
2008-07 08/01/2009 90.62 four stars
2007-07 11/01/2008 82.31 three stars
2006-07 06/01/2007 79.53 two stars
2005-07 02/01/2007 75.15 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 63-0948472
Name in IRS Master File CORNERSTONE SCHOOLS OF ALABAMA INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Religious Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (6) Missionary activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End July
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • July, 2017
  • July, 2016
  • July, 2015
  • July, 2014
  • July, 2013
Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Schools of Alabama (AL) 77.67 two stars
Nativity Prep Academy (CA) 90.03 four stars
City Academy (MO) 86.36 three stars
Epiphany School (MA) 89.81 three stars
Open School (OR) 90.94 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Cornerstone Schools of Alabama
118 55th Street N.
Birmingham, AL 35212
tel: (205) 591-7600
fax: (205) 769-0063
EIN: 63-0948472

Visit Web Site

Board Leadership

Drayton Nabers
Chairman of the Board

CEO

Nita Carr
President

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