Cornerstone Haiti Inc
- Assets
- $187.5k
- Revenue
- $202.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Glendale, WI
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-1354018
Organization Overview
Cornerstone Haiti Inc is located in Glendale, WI. The organization was established in 2019. 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 12/2021, Cornerstone Haiti Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Haiti Inc 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 12/2021, Cornerstone Haiti Inc generated $202.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $182.0k during the year ending 12/2021. While expenses have increased by 29.3% per year over the past 3 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
DEVELOPING CHRIST CENTERED COMMUNITY, EDUCATING GENERATIONAL LEADERS, AND CULTIVATING ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - 2 YEAR OLD DAY CARE THROUGH 4TH GRADE ELEMENTARY QUALITY EDUCATION. 175 DAYS OF SCHOOL, 2 MEALS PROVIDED EACH SCHOOL DAY.
COMMUNITY WATER BASIN FOR THE COMMUNITY DURING DRY SEASON AS PART OF CREATING A CHRIST CENTERED COMMUNITY.
ORPHAN SUPPORT CULTIVATING ECONOMIC GROWTH, INVESTING IN HIS ABILITY TO GET A JOB IN THE FUTURE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Lancour President | OfficerTrustee | 40 | $57,300 |
Kirsten Lancour Vice President | OfficerTrustee | 5 | $6,000 |
Jenna Borresen Treasurer | OfficerTrustee | 2 | $0 |
Andrew Hess Secretary | OfficerTrustee | 2 | $0 |
Terry Warren Director | Trustee | 2 | $0 |
Jay Hogfeldt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $190,262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,262 |
| Total Program Service Revenue | $12,326 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,589 |
| 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 | $31,594 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,300 |
| Compensation of current officers, directors, key employees. | $15,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,899 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,529 |
| Travel | $3,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,762 |
| Insurance | $0 |
| All other expenses | $655 |
| Total functional expenses | $182,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,204 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $141,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,533 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $187,533 |
| Net assets with donor restrictions | $0 |
| 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 | $187,533 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Haiti Inc has recieved totaling $83.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Distinctive Schools Of Illinois Chicago, IL | $2,734,668 | $38,553,382 |
Mc Preparatory School Of Wisconsin Inc Milwaukee, WI | $32,218,906 | $24,578,371 |
Community School Of Excellence St Paul, MN | $17,352,647 | $27,516,288 |
Catalyst Schools Chicago, IL | $23,990,346 | $24,109,090 |
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Hillel Day School Of Metropolitan Detroit Farmington Hills, MI | $33,929,140 | $16,693,073 |
Mounds Park Academy St Paul, MN | $30,504,606 | $18,399,398 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Near North Montessori School Chicago, IL | $38,573,944 | $16,517,378 |
Noble Academy Brooklyn Park, MN | $14,827,066 | $12,839,269 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |
Zeeland Christian School Zeeland, MI | $19,623,288 | $11,238,716 |