Cornerstone Charter Academy Pto
EIN: 460838201 · Greensboro, NC · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $466K |
| Net Assets | $37K |
Is Cornerstone Charter Academy Pto Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Charter Academy Pto
Cornerstone Charter Academy Pto (EIN: 460838201) is a nonprofit organization based in Greensboro, NC, classified under NTEE code B94. The organization reported total revenue of $442K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Charter Academy Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Charter Academy Pto is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $453K |
| Total Expenses | $466K |
| Surplus / Deficit | $-12,973 |
| Total Assets | $32K |
| Net Assets | $37K |
| Operating Margin | -2.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Cornerstone Charter Academy Pto reported a deficit of $13K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Cornerstone Charter Academy Pto's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +10.8% | -29.1% |
| 2022 | +393.6% | +218.0% | +25.3% |
| 2021 | -76.6% | -59.6% | -52.1% |
| 2020 | +1.3% | -0.9% | +57.5% |
| 2019 | +2.5% | -10.1% | -41.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cornerstone Charter Academy Pto has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cornerstone Charter Academy Pto with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Cornerstone Charter Academy Pto
Is Cornerstone Charter Academy Pto a legitimate charity?
Cornerstone Charter Academy Pto (EIN: 460838201) is a registered tax-exempt nonprofit based in North Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $442K. No red flags identified. Financial health grade: C.
How does Cornerstone Charter Academy Pto spend its money?
Cornerstone Charter Academy Pto reported $442K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cornerstone Charter Academy Pto tax-deductible?
Cornerstone Charter Academy Pto is registered as a tax-exempt nonprofit (EIN: 460838201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone Charter Academy Pto located?
Cornerstone Charter Academy Pto is headquartered in Greensboro, North Carolina and files with the IRS under EIN 460838201. It is classified under NTEE code B94.
How many years of IRS 990 filings does Cornerstone Charter Academy Pto have?
Cornerstone Charter Academy Pto has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $442K in total revenue.
Filing History
IRS 990 filing history for Cornerstone Charter Academy Pto showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Cornerstone Charter Academy Pto's revenue has grown by 136.8%, moving from $191K to $453K. Total assets decreased by 15% over the same period, from $37K to $32K. Total functional expenses rose by 202.3%, from $154K to $466K. In its most recent filing year (2023), Cornerstone Charter Academy Pto reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $453K | $466K | $32K | $-5,310 | — | — |
| 2022 | $409K | $420K | $45K | $-5,310 | — | View 990 |
| 2021 | $83K | $132K | $36K | $0 | — | View 990 |
| 2020 | $354K | $327K | $74K | $0 | — | View 990 |
| 2019 | $350K | $330K | $47K | $0 | — | View 990 |
| 2018 | $341K | $368K | $81K | $0 | — | View 990 |
| 2017 | $333K | $285K | $80K | $0 | — | View 990 |
| 2016 | $267K | $279K | $29K | $0 | — | View 990 |
| 2015 | $230K | $211K | $41K | $0 | — | View 990 |
| 2014 | $271K | $284K | $23K | $0 | — | View 990 |
| 2013 | $191K | $154K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $453K, expenses of $466K, and assets of $32K (revenue +10.8% year-over-year).
- 2022: Revenue of $409K, expenses of $420K, and assets of $45K (revenue +393.6% year-over-year).
- 2021: Revenue of $83K, expenses of $132K, and assets of $36K (revenue -76.6% year-over-year).
- 2020: Revenue of $354K, expenses of $327K, and assets of $74K (revenue +1.3% year-over-year).
- 2019: Revenue of $350K, expenses of $330K, and assets of $47K (revenue +2.5% year-over-year).
- 2018: Revenue of $341K, expenses of $368K, and assets of $81K (revenue +2.5% year-over-year).
- 2017: Revenue of $333K, expenses of $285K, and assets of $80K (revenue +24.7% year-over-year).
- 2016: Revenue of $267K, expenses of $279K, and assets of $29K (revenue +16.0% year-over-year).
- 2015: Revenue of $230K, expenses of $211K, and assets of $41K (revenue -15.1% year-over-year).
- 2014: Revenue of $271K, expenses of $284K, and assets of $23K (revenue +41.9% year-over-year).
- 2013: Revenue of $191K, expenses of $154K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Charter Academy Pto:
Data Sources and Methodology
This transparency report for Cornerstone Charter Academy Pto is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.