Cornerstone Learning Center Inc
EIN: 391780538 · Cameron, WI
| Metric | Value |
|---|---|
| Total Expenses | $238K |
| Net Assets | $-25,074 |
Is Cornerstone Learning Center 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 Learning Center Inc
Cornerstone Learning Center Inc (EIN: 391780538) is a nonprofit organization based in Cameron, WI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Learning Center Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $238K |
| Surplus / Deficit | $-4,631 |
| Total Assets | $17K |
| Total Liabilities | $42K |
| Net Assets | $-25,074 |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 249.7% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2015, Cornerstone Learning Center Inc reported a deficit of $5K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 249.7% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Cornerstone Learning Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -7.9% | -2.4% | -10.0% |
| 2014 | -5.3% | -7.5% | +103.8% |
| 2013 | +8.7% | +7.5% | +70.3% |
| 2012 | -10.7% | -12.4% | +18.5% |
AI Analysis Pending
AI enrichment for Cornerstone Learning Center 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 Learning Center 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.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 249.7%.
Frequently Asked Questions about Cornerstone Learning Center Inc
Is Cornerstone Learning Center Inc a legitimate charity?
Cornerstone Learning Center Inc (EIN: 391780538) is a registered tax-exempt nonprofit based in Wisconsin. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Cornerstone Learning Center Inc spend its money?
Cornerstone Learning Center Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cornerstone Learning Center Inc tax-deductible?
Cornerstone Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 391780538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone Learning Center Inc located?
Cornerstone Learning Center Inc is headquartered in Cameron, Wisconsin and files with the IRS under EIN 391780538.
How many years of IRS 990 filings does Cornerstone Learning Center Inc have?
Cornerstone Learning Center Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Cornerstone Learning Center Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Cornerstone Learning Center Inc's revenue has declined by 15.4%, moving from $276K to $234K. Total assets increased by 270.3% over the same period, from $5K to $17K. Total functional expenses fell by 15%, from $280K to $238K. In its most recent filing year (2015), Cornerstone Learning Center Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $42K in liabilities against $17K in assets (debt-to-asset ratio: 249.7%), resulting in net assets of $-25,074.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $234K | $238K | $17K | $42K | — | View 990 |
| 2014 | $254K | $244K | $19K | $39K | — | View 990 |
| 2013 | $268K | $264K | $9K | $39K | — | View 990 |
| 2012 | $246K | $245K | $5K | $39K | — | View 990 |
| 2011 | $276K | $280K | $5K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $234K, expenses of $238K, and assets of $17K (revenue -7.9% year-over-year).
- 2014: Revenue of $254K, expenses of $244K, and assets of $19K (revenue -5.3% year-over-year).
- 2013: Revenue of $268K, expenses of $264K, and assets of $9K (revenue +8.7% year-over-year).
- 2012: Revenue of $246K, expenses of $245K, and assets of $5K (revenue -10.7% year-over-year).
- 2011: Revenue of $276K, expenses of $280K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Learning Center Inc:
Data Sources and Methodology
This transparency report for Cornerstone Learning Center 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.