Cornerstone Christian School
- Assets
- $77.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 15
- Location
- Chesapeake, VA
- Founding
- 06/1975
- Data as of
- 06/2021
- EIN
- 54-0925783
Organization Overview
Cornerstone Christian School is located in Chesapeake, VA. The organization was established in 1975. 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 School employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Christian School 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 School generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (58.4%) each year. All expenses for the organization totaled $25.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SCHOOL CEASED PROGRAM OPERATIONS IN FYE 6/30/20 AND WAS INPERFORMING ONLY NECESSARY ADMINISTRATIVE FUNCTIONS DURING FYE 6/30/21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Tromburg Chairman | 4 | $0 | |
Marcy Comstock Secretary | 2 | $0 | |
Linwood Nelms Board Member | 2 | $0 | |
Jennifer Gary Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76 |
| Total Program Service Revenue | $1,504 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,622 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $463 |
| Other expenses | $24,797 |
| Total expenses | $25,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,875 |
| Other assets | $0 |
| Total assets | $77,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,875 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Christian School has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asheville Christian Academy Inc Swannanoa, NC | $26,373,626 | $11,567,824 |
Union County Charter Education Association Indian Trail, NC | $12,495,232 | $9,398,054 |
Davidson Day School Davidson, NC | $18,126,883 | $10,786,795 |
Rocky Mount Charter School Inc Rocky Mount, NC | $9,351,115 | $9,925,220 |
Gerstell Academy Inc Cockeysville, MD | $31,514,635 | $8,923,115 |
Capitol Hill Day School Washington, DC | $15,063,654 | $9,074,041 |
Our Lady Of The Woods Corporation Bethesda, MD | $12,069,354 | $9,993,926 |
Arendell Parrott Academy Inc Kinston, NC | $16,896,715 | $8,794,153 |
International School Of Belgrade Washington, DC | $16,383,835 | $8,968,296 |
Veritas Classical Christian School Richmond, VA | $20,443,275 | $9,876,575 |
Westchester Country Day School Inc High Point, NC | $9,272,064 | $10,651,392 |
Bsi Inc Alexandria, VA | $10,717,747 | $8,503,997 |