Cornerstone Christian Academy Inc
EIN: 364168769 · Charleston, IL · NTEE: B24P
Is Cornerstone Christian Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Christian Academy Inc
Cornerstone Christian Academy Inc (EIN: 364168769) is a nonprofit organization based in Charleston, IL, classified under NTEE code B24P. The organization reported total revenue of $1.6M and total assets of $941K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Christian Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Cornerstone Christian Academy Inc 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 Christian Academy Inc 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 Christian Academy Inc
Is Cornerstone Christian Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone Christian Academy Inc (EIN: 364168769) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cornerstone Christian Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Cornerstone Christian Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Cornerstone Christian Academy Inc tax-deductible?
Cornerstone Christian Academy Inc is registered as a tax-exempt nonprofit (EIN: 364168769). 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 Christian Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Cornerstone Christian Academy Inc's revenue has grown by 315.5%, moving from $394K to $1.6M. Total assets increased by 1155.4% over the same period, from $69K to $865K. Total functional expenses rose by 283.4%, from $381K to $1.5M. In its most recent filing year (2024), Cornerstone Christian Academy Inc reported a surplus of $176K, with revenue exceeding expenses. The organization holds $9K in liabilities against $865K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $855K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.5M | $865K | $9K | — | View 990 |
| 2023 | $1.5M | $1.6M | $682K | $4K | — | View 990 |
| 2022 | $1.5M | $1.5M | $740K | $5K | — | View 990 |
| 2021 | $1.5M | $1.1M | $796K | $142K | — | View 990 |
| 2020 | $862K | $944K | $430K | $133K | — | View 990 |
| 2019 | $954K | $905K | $380K | $0 | — | View 990 |
| 2018 | $937K | $906K | $374K | $23K | — | View 990 |
| 2017 | $1.0M | $917K | $333K | $12K | — | View 990 |
| 2016 | $952K | $924K | $235K | $13K | — | View 990 |
| 2015 | $830K | $772K | $207K | $11K | — | View 990 |
| 2014 | $630K | $558K | $151K | $14K | — | View 990 |
| 2013 | $401K | $394K | $77K | $13K | — | View 990 |
| 2012 | $394K | $381K | $69K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.5M, and assets of $865K (revenue +10.8% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $682K (revenue -3.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $740K (revenue +5.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $796K (revenue +69.9% year-over-year).
- 2020: Revenue of $862K, expenses of $944K, and assets of $430K (revenue -9.7% year-over-year).
- 2019: Revenue of $954K, expenses of $905K, and assets of $380K (revenue +1.8% year-over-year).
- 2018: Revenue of $937K, expenses of $906K, and assets of $374K (revenue -7.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $917K, and assets of $333K (revenue +6.9% year-over-year).
- 2016: Revenue of $952K, expenses of $924K, and assets of $235K (revenue +14.7% year-over-year).
- 2015: Revenue of $830K, expenses of $772K, and assets of $207K (revenue +31.7% year-over-year).
- 2014: Revenue of $630K, expenses of $558K, and assets of $151K (revenue +57.3% year-over-year).
- 2013: Revenue of $401K, expenses of $394K, and assets of $77K (revenue +1.6% year-over-year).
- 2012: Revenue of $394K, expenses of $381K, and assets of $69K.
Data Sources and Methodology
This transparency report for Cornerstone Christian Academy Inc 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.