Quick charity verification for Cornerstone Crossroads Academy Inc (EIN: 113761734)
Verdict: Cornerstone Crossroads Academy Inc appears trustworthy
95/100Mission Score
$1.3MRevenue
$3.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant asset growth from $1,538,496 in 2021 to $3,954,134 in 2023.
Consistently low liabilities relative to assets, indicating strong financial stability.
Zero reported officer compensation across all 14 filings, demonstrating high efficiency and mission focus.
Revenues consistently exceeding expenses, especially in recent years, allowing for robust reserve building.
Strong financial trajectory with revenue increasing from $377,448 in 2015 to $1,470,207 in 2023 (excluding the outlier 2022 revenue).
Spending Breakdown
How Cornerstone Crossroads Academy Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cornerstone Crossroads Academy Inc
Is Cornerstone Crossroads Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Crossroads Academy Inc (EIN: 113761734) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Cornerstone Crossroads Academy Inc a good charity to donate to?
Cornerstone Crossroads Academy Inc has a Mission Score of 95/100. Revenue: $1.3M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cornerstone Crossroads Academy Inc?
The Employer Identification Number (EIN) for Cornerstone Crossroads Academy Inc is 113761734. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cornerstone Crossroads Academy Inc spend its money?
Cornerstone Crossroads Academy Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cornerstone Crossroads Academy Inc's tax-exempt status?
You can verify Cornerstone Crossroads Academy Inc's tax-exempt status using EIN 113761734 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cornerstone Crossroads Academy Inc demonstrates strong financial health and program focus. Over the past three years, the organization has consistently reported significantly higher revenues than expenses, leading to substantial growth in assets from $1,538,496 in 2021 to $3,954,134 in 2023. This indicates effective financial management and a healthy reserve. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. While specific program spending percentages are not detailed in the provided data, the overall financial trends suggest a well-managed organization with a clear focus on its mission.