Is Cornerstone Academy Legit?

Cornerstone Academy demonstrates a positive trend in financial health, particularly in recent years. The organization has shown consistent revenue growth, increasing from $905,247 in 2021 to $1,421,329 in 2023, indicating growing support and operational capacity. This growth has also translated into a substantial increase in assets, from $294,027 in 2021 to $774,747 in 2023, strengthening its financial foundation. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of zero officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, coupled with a clear history of filing, suggests a well-managed and accountable organization. The significant increase in net assets over the past three years further supports a positive outlook on its financial stability and ability to sustain its programs.