Flagstaff Cornerstone Christianacademy Inc
Flagstaff Cornerstone Christianacademy Inc operates on a very small budget with minimal assets and no reported officer compensation.
EIN: 205962160 · Flagstaff, AZ · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $58K |
| Program Spending | 80% |
| Net Assets | $3K |
| Transparency Score | 65/100 |
Is Flagstaff Cornerstone Christianacademy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flagstaff Cornerstone Christianacademy Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Flagstaff Cornerstone Christianacademy Inc
Flagstaff Cornerstone Christianacademy Inc (EIN: 205962160) is a nonprofit organization based in Flagstaff, AZ, classified under NTEE code P30. The organization reported total revenue of $53K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flagstaff Cornerstone Christianacademy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flagstaff Cornerstone Christianacademy Inc is a micro nonprofit that has been operating for 17 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $58K |
| Surplus / Deficit | $-2,600 |
| Total Assets | $7K |
| Total Liabilities | $3K |
| Net Assets | $3K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 49.2% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2024, Flagstaff Cornerstone Christianacademy Inc reported a deficit of $3K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 49.2% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Flagstaff Cornerstone Christianacademy Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Flagstaff Cornerstone Christianacademy Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.2%.
Executive Compensation Analysis
No officer compensation was reported in the latest filing, indicating that executive leadership is either unpaid or compensated through other means not disclosed as officer compensation, which is typical for very small, volunteer-led organizations.
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.
Red Flags
The following concerns were identified during AI analysis of Flagstaff Cornerstone Christianacademy Inc's IRS 990 filings:
- Limited financial data available (only one filing)
- Small asset base ($6,776) relative to expenses ($58,370)
Strengths
The following positive indicators were identified for Flagstaff Cornerstone Christianacademy Inc:
- No reported officer compensation, suggesting efficient use of funds at the leadership level
- Low liabilities ($3,335) relative to assets ($6,776)
Frequently Asked Questions about Flagstaff Cornerstone Christianacademy Inc
Is Flagstaff Cornerstone Christianacademy Inc a legitimate charity?
Flagstaff Cornerstone Christianacademy Inc (EIN: 205962160) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 65/100. Total revenue: $53K. 2 red flags identified. 2 strengths noted. Financial health grade: C.
How does Flagstaff Cornerstone Christianacademy Inc spend its money?
Flagstaff Cornerstone Christianacademy Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Flagstaff Cornerstone Christianacademy Inc tax-deductible?
Flagstaff Cornerstone Christianacademy Inc is registered as a tax-exempt nonprofit (EIN: 205962160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Flagstaff Cornerstone Christianacademy Inc's spending goes to programs?
Flagstaff Cornerstone Christianacademy Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Flagstaff Cornerstone Christianacademy Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Flagstaff Cornerstone Christianacademy Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Flagstaff Cornerstone Christianacademy Inc located?
Flagstaff Cornerstone Christianacademy Inc is headquartered in Flagstaff, Arizona and files with the IRS under EIN 205962160. It is classified under NTEE code P30.
What are the primary programs Flagstaff Cornerstone Christianacademy Inc supports with its $55,770 in revenue?
The NTEE code P30 suggests the organization is involved in elementary, secondary, and high school education. With revenues of $55,770, its programs likely involve direct educational services or support for a small academy.
How does Flagstaff Cornerstone Christianacademy Inc cover its $2,600 deficit (Expenses $58,370 - Revenue $55,770) in the 202406 period?
The deficit of $2,600 would likely be covered by drawing down any available reserves, or through future fundraising efforts, or potentially through in-kind contributions not fully reflected in revenue figures.
Filing History
IRS 990 filing history for Flagstaff Cornerstone Christianacademy Inc showing financial trends over 1 year of public records:
In its most recent filing year (2024), Flagstaff Cornerstone Christianacademy Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $3K in liabilities against $7K in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $56K | $58K | $7K | $3K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flagstaff Cornerstone Christianacademy Inc:
Data Sources and Methodology
This transparency report for Flagstaff Cornerstone Christianacademy 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.