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Education : Youth Education Programs and Services
Board Leadership
Mike Carr
Chair
CEO
Lisa Key
Chief Academic Officer
|
Mission-Our broad and beloved community of friends will make possible an excellent education for children so as to prepare them for life and leadership. On this journey we will seek to follow Jesus as a sure path to a fulfilling life and servant leadership. Website - www.CornerstoneSchools.org -In its 20th year, Cornerstone is renowned in Metro Detroit for its success in graduating well-prepared, high achieving youth. 95% of its students graduate from high school in a city with the lowest rates in the country, and 91% of its high school graduates will pursue higher learning opportunities. Cornerstone's school-wide average performance rate is 20% above the national average. July 2009, Cornerstone expanded its educational model to the public school sector with the acquisition of two public school charters, Washington-Parks Academy and Lincoln-King Academy. August 2010, they will open the Leadership and Business High School. Over 1400 children are currently enrolled at our schools.
Mission-Our broad and beloved community of friends will make possible an excellent education for children so as to prepare them for life and leadership. On this journey we will seek to follow Jesus as a sure path to a fulfilling life and servant leadership. Website - www.CornerstoneSchools.org -In its 20th year, Cornerstone is renowned in Metro Detroit for its success in graduating well-prepared, high achieving youth. 95% of its students graduate from high school in a city with the lowest rates in the country, and 91% of its high school graduates will pursue higher learning opportunities. Cornerstone's school-wide average performance rate is 20% above the national average. July 2009, Cornerstone expanded its educational model to the public school sector with the acquisition of two public school charters, Washington-Parks Academy and Lincoln-King Academy. August 2010, they will open the Leadership and Business High School. Over 1400 children are currently enrolled at our schools.
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85.00
44.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
87.9% | |
Administrative Expenses | 3.3% | |
Fundraising Expenses | 8.6% | |
Fundraising Efficiency | $0.19 | |
Working Capital Ratio (years) | 2.10 | |
Program Expenses Growth | -50.7% | |
Liabilities to Assets | 11.5% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Cornerstone Schools Association (MI) | 59.00 | |
Denver Street School (CO) | 85.88 | |
Eastside College Preparatory School (CA) | 90.22 | |
Chicago Hope Academy (IL) | 85.87 | |
Guadalupe School (UT) | 94.28 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $131,865 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $131,865 |
Program Service Revenue | $124,974 |
Total Primary Revenue | $256,839 |
Other Revenue | $669,736 |
TOTAL REVENUE | $926,575 |
EXPENSES | |
Program Expenses | $808,243 |
Administrative Expenses | $38,355 |
Fundraising Expenses | $92,817 |
TOTAL FUNCTIONAL EXPENSES | $939,415 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $-12,840 |
Net Assets | $8,573,533 |
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 |
---|---|---|
School Operations | $808,243 | 100.0% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2019-07 | 07/01/2020 | 59.00 | |||||||
2018-07 | 12/01/2019 | 83.43 | |||||||
2017-07 | 12/01/2018 | 82.97 | |||||||
2016-07 | 12/22/2017 | 84.02 | |||||||
2015-07 | 06/01/2017 | 89.61 | |||||||
2015-07 | 11/01/2016 | 89.23 | |||||||
2015-07 | 10/01/2016 | 89.23 | |||||||
2014-07 | 06/01/2016 | 91.39 | |||||||
CN 2.0 | |||||||||
2014-07 | 06/01/2015 | 94.64 | |||||||
2013-07 | 04/01/2015 | 90.40 | |||||||
2012-07 | 02/01/2014 | 76.66 | |||||||
2011-07 | 03/01/2013 | 76.32 | |||||||
2011-07 | 02/01/2013 | 76.23 | |||||||
2011-07 | 11/06/2012 | 74.05 | |||||||
2010-07 | 02/01/2012 | 74.08 | |||||||
2009-07 | 09/20/2011 | 75.05 | |||||||
CN 1.0 | |||||||||
2009-07 | 11/01/2010 | 67.21 | |||||||
2008-07 | 09/01/2009 | 81.81 | |||||||
2007-07 | 03/01/2009 | 84.61 | |||||||
2006-07 | 04/01/2007 | 81.76 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 38-2995984 |
Name in IRS Master File | CORNERSTONE SCHOOLS ASSOCIATION |
NTEE Code | B20 |
NTEE Classification | Elementary, Secondary Education, K - 12 |
NTEE Type | Educational Institutions and Related Activities |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (30) School, college, trade school, etc. |
Foundation Status | School 170(b)(1)(A)(ii) |
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 | December, 1993 |
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!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
None reported | -- | This organization did not report a CEO |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Cornerstone Schools Association (MI) | 59.00 | |
Glenwood Academy (IL) | 90.95 | |
Open School (OR) | 90.13 | |
French Camp Academy (MS) | 89.23 | |
Marian Middle School (MO) | 86.84 |
This charity has an official representative registered with Charity Navigator.
Cornerstone Schools Association
306 East Fourth Street
Royal Oak,
MI 48067
tel: (248) 439-6228
EIN: 38-2995984
Mike Carr
Chair
Lisa Key
Chief Academic Officer
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923