Cornerstone School
Cornerstone School: Consistent Operations, Modest Growth, and Strong Program Focus
EIN: 222730159 · Stratham, NH · NTEE: B240 · Updated: 2026-04-04
Is Cornerstone School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cornerstone School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cornerstone School
Cornerstone School (EIN: 222730159) is a nonprofit organization based in Stratham, NH, classified under NTEE code B240. The organization reported total revenue of $3.0M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cornerstone School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cornerstone School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from Form 990 filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cornerstone School:
- Consistent revenue generation over several years, with a slight upward trend in recent filings.
- Assets consistently exceed liabilities, indicating financial stability.
- Low administrative and fundraising costs based on typical educational nonprofit benchmarks, suggesting efficient use of funds for programs.
Frequently Asked Questions about Cornerstone School
Is Cornerstone School a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornerstone School (EIN: 222730159) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Cornerstone School spend its money?
Cornerstone School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cornerstone School tax-deductible?
Cornerstone School is registered as a tax-exempt nonprofit (EIN: 222730159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Cornerstone School do?
Cornerstone School is a nonprofit organization in the Education sector, located in Stratham, New Hampshire. It is classified under NTEE code B240.
How much revenue does Cornerstone School have?
Cornerstone School reported total revenue of $2,970,765. Based on 14 IRS 990 filings on record.
What are Cornerstone School's total assets?
Cornerstone School holds total assets of $3,115,502 as reported in IRS 990 filings.
Where is Cornerstone School located?
Cornerstone School is based in Stratham, New Hampshire.
What is Cornerstone School's EIN?
Cornerstone School's Employer Identification Number (EIN) is 222730159. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cornerstone School?
Cornerstone School is classified under NTEE code B240 (Education).
Is Cornerstone School a registered 501(c)(3)?
Yes, Cornerstone School is recognized as a tax-exempt organization by the IRS. EIN: 222730159.
Does Cornerstone School file IRS Form 990?
Yes, Cornerstone School has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Cornerstone School's revenue in 2024?
In the 202406 filing period, Cornerstone School reported total revenue of $2,565,127, total expenses of $2,608,527, and net assets of $2,659,876.
Is Cornerstone School's revenue growing or declining?
Cornerstone School's revenue is growing. Revenue went from $2,273,787 (202306) to $2,565,127 (202406), a +12.8% change. Based on 14 filings on record.
What is Cornerstone School's most recent 990 filing?
The most recent IRS Form 990 filing for Cornerstone School covers tax period 202406. It shows revenue of $2,565,127, expenses of $2,608,527, total assets of $2,659,876, and liabilities of $441,002.
How much does Cornerstone School spend on programs vs administration?
Based on IRS 990 analysis, Cornerstone School allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cornerstone School a trustworthy charity?
Based on AI analysis of IRS 990 data, Cornerstone School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Cornerstone School's strengths?
Positive indicators for Cornerstone School include: Consistent revenue generation over several years, with a slight upward trend in recent filings.. Assets consistently exceed liabilities, indicating financial stability.. Low administrative and fundraising costs based on typical educational nonprofit benchmarks, suggesting efficient use of funds for programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Cornerstone School compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from Form 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for lobbying, what specific activities does Cornerstone School engage in to advocate for its educational mission, if any, beyond direct lobbying?
While direct lobbying is reported at 0%, Cornerstone School likely engages in community outreach, educational partnerships, and public awareness campaigns to support its mission, which are not classified as lobbying expenses.
How does Cornerstone School manage to maintain a relatively stable asset base despite fluctuations in annual revenue and expenses?
The school appears to manage its finances prudently, possibly through strategic investment of reserves or careful budgeting, as evidenced by its consistent asset levels (e.g., $2,659,876 in 2024 vs. $2,976,847 in 2017) even with varying annual financial performance.
Filing History
IRS 990 filing history for Cornerstone School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cornerstone School's revenue has grown by 51.2%, moving from $1.7M to $2.6M. Total assets decreased by 4.7% over the same period, from $2.8M to $2.7M. Total functional expenses rose by 66.3%, from $1.6M to $2.6M. In its most recent filing year (2024), Cornerstone School reported a deficit of $43K, with expenses exceeding revenue. The organization holds $441K in liabilities against $2.7M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.6M | $2.6M | $2.7M | $441K | — | View 990 |
| 2023 | $2.3M | $2.4M | $2.7M | $471K | — | View 990 |
| 2022 | $2.1M | $2.2M | $2.7M | $377K | — | View 990 |
| 2021 | $2.0M | $2.0M | $2.9M | $314K | — | View 990 |
| 2020 | $1.9M | $2.1M | $3.0M | $541K | — | View 990 |
| 2019 | $2.1M | $2.2M | $3.0M | $329K | — | View 990 |
| 2018 | $2.2M | $2.2M | $3.0M | $304K | — | View 990 |
| 2017 | $2.1M | $2.0M | $3.0M | $335K | — | View 990 |
| 2016 | $2.0M | $2.0M | $2.9M | $329K | — | View 990 |
| 2015 | $2.0M | $1.9M | $2.9M | $321K | — | View 990 |
| 2014 | $1.7M | $1.8M | $2.8M | $244K | — | View 990 |
| 2013 | $1.7M | $1.7M | $2.8M | $202K | — | View 990 |
| 2012 | $1.7M | $1.6M | $2.7M | $241K | — | View 990 |
| 2011 | $1.7M | $1.6M | $2.8M | $349K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.6M, expenses of $2.6M, and assets of $2.7M (revenue +12.8% year-over-year).
- 2023: Revenue of $2.3M, expenses of $2.4M, and assets of $2.7M (revenue +10.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.2M, and assets of $2.7M (revenue +3.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.0M, and assets of $2.9M (revenue +2.4% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.1M, and assets of $3.0M (revenue -7.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $3.0M (revenue -6.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $3.0M (revenue +9.4% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $3.0M (revenue +3.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $2.9M (revenue +0.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.9M, and assets of $2.9M (revenue +13.7% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $2.8M (revenue -0.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $2.8M (revenue +2.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $2.7M (revenue +0.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Cornerstone School 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.