Cornerstone Christian Academy For Learning And Leadership is located in Vancouver, WA. The organization was established in 2013. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Cornerstone Christian Academy For Learning And Leadership employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Christian Academy For Learning And Leadership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cornerstone Christian Academy For Learning And Leadership generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $3.4m during the year ending 06/2021. While expenses have increased by 2.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM OUR COMMUNITY AND WORLD THROUGH EDUCATION WITH EXCELLENCE AND INNOVATION. SERVING KINDERGARTEN THROUGH 8TH GRADE AND EARLY CHILDHOOD EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SERVED APPROXIMATELY 233 STUDENTS IN OUR KINDERGARTEN THORUGH 8TH GRADE PROGRAMS AND 80 PRE-K'S AND TODDLERS IN OUR EARLY CHILDHOOD EDUCATION PROGRAM. DESPITE THE CONTINUED DEVASTATIONS OF COVID-19 OUR ENVIRONMENTS CONTINUED TO SERVE STUDENTS AND THEIR FAMILIES IN REMOTE, ON-SITE, AND HYBRID CAPACITIES. WE OFFERED SERVICES IN THE HIGHEST OF ACADEMIC STANDARDS AND LOVING CHILD CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Yager Director | OfficerTrustee | 40 | $173,591 |
William Gibbons Chair | OfficerTrustee | 40 | $55,507 |
Patrice Tsague Secretary | OfficerTrustee | 1 | $0 |
Ken Canfield Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $29,501 |
Related organizations | $0 |
Government grants | $424,789 |
All other contributions, gifts, grants, and similar amounts not included above | $5,075,737 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,530,027 |
Total Program Service Revenue | $2,525,874 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $39,415 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,906 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,100,222 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $229,098 |
Compensation of current officers, directors, key employees. | $229,098 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,635,558 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $146,167 |
Payroll taxes | $179,866 |
Fees for services: Management | $46,618 |
Fees for services: Legal | $40,650 |
Fees for services: Accounting | $2,236 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $45,738 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $28,788 |
Office expenses | $19,869 |
Information technology | $49,232 |
Royalties | $0 |
Occupancy | $125,502 |
Travel | $1,199 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $388 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $476,433 |
Insurance | $47,179 |
All other expenses | $11,668 |
Total functional expenses | $3,364,733 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $842,317 |
Savings and temporary cash investments | $18,470 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $226,681 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,058 |
Net Land, buildings, and equipment | $11,160,630 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $290,713 |
Total assets | $12,541,869 |
Accounts payable and accrued expenses | $115,210 |
Grants payable | $0 |
Deferred revenue | $233,009 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,566,263 |
Unsecured mortgages and notes payable | $579,934 |
Other liabilities | $0 |
Total liabilities | $2,494,416 |
Net assets without donor restrictions | $9,995,258 |
Net assets with donor restrictions | $52,195 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $12,541,869 |
Over the last fiscal year, we have identified 1 grants that Cornerstone Christian Academy For Learning And Leadership has recieved totaling $400.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $400 |
Organization Name | Assets | Revenue |
---|---|---|
Evergreen School Shoreline, WA | $54,109,732 | $18,688,724 |
University Child Development School Seattle, WA | $35,789,355 | $15,422,217 |
Seattle Country Day School Seattle, WA | $55,770,404 | $17,470,349 |
St Thomas School Medina, WA | $79,286,782 | $15,883,490 |
French American School Of Puget Sound Mercer Island, WA | $16,865,271 | $13,425,838 |
The Open Window School Bellevue, WA | $36,380,827 | $12,092,167 |
Gresham Arthur Academy Public Charter School Portland, OR | $14,718,484 | $9,208,791 |
Kings Way Christian Schools Vancouver, WA | $6,224,718 | $10,439,261 |
The Bertschi School Seattle, WA | $29,979,926 | $9,759,275 |
Northwest Christian Schools Inc Colbert, WA | $28,921,822 | $10,264,854 |
Meridian School Seattle, WA | $11,104,364 | $8,438,770 |
Santiam Christian Schools Adair Village, OR | $11,670,742 | $5,933,883 |