Cornerstone Childcare Center Corp
EIN: 844171086 · Abilene, KS · NTEE: P33
Is Cornerstone Childcare Center Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Childcare Center Corp
Cornerstone Childcare Center Corp (EIN: 844171086) is a nonprofit organization based in Abilene, KS, classified under NTEE code P33. The organization reported total revenue of $415K and total assets of $894 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Childcare Center Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Cornerstone Childcare Center Corp 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 Childcare Center Corp 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.
Frequently Asked Questions about Cornerstone Childcare Center Corp
Is Cornerstone Childcare Center Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Childcare Center Corp (EIN: 844171086) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cornerstone Childcare Center Corp spend its money?
Detailed spending breakdown data is not yet available for Cornerstone Childcare Center Corp. Check back for updated IRS 990 analysis.
Are donations to Cornerstone Childcare Center Corp tax-deductible?
Cornerstone Childcare Center Corp is registered as a tax-exempt nonprofit (EIN: 844171086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cornerstone Childcare Center Corp showing financial trends over 2 years of public records:
Total assets increased by 89300% over the same period, from $1 to $894. In its most recent filing year (2021), Cornerstone Childcare Center Corp reported a deficit of $24K, with expenses exceeding revenue. The organization holds $25K in liabilities against $894 in assets (debt-to-asset ratio: 2831.2%), resulting in net assets of $-24,417.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $415K | $439K | $894 | $25K | — | — |
| 2020 | $0 | $0 | $1 | $0 | — | — |
Data Sources and Methodology
This transparency report for Cornerstone Childcare Center Corp 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.