Three Pillars an Educational Service

IRS exemption revoked

Royal Oak, MIUnknown exempt organizationSince 2009EIN 27-0634528

To provide quality educational, operational, financial and management services to public school academies and other institutions.

83¢ of each $1 spent went to programs.
$1.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $25K a year · under 1% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.7M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $940K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27.8M
+20% vs prior year
Spent
$26.7M
To programs
83%
Net assets
$2.5M
By yearFY2020–FY2021
Revenue
$27.8M
FY2021▲ +20%
Revenue by fiscal year
FY2020$23.2M
FY2021$27.8M
Expenses
$26.7M
FY2021▲ +10%
Expenses by fiscal year
FY2020$24.3M
FY2021$26.7M
Net assets
$2.5M
FY2021▲ +79%
Net assets by fiscal year
FY2020$1.4M
FY2021$2.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on November 15, 2024

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $22.2M Management & general 17% · $4.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Financial Officer
$178,960Pt VII · Sec A
Senior Director of Complia
$173,855Pt VII · Sec A
Executive Director of Earl
$173,725Pt VII · Sec A
Chief Career Officer
$172,440Pt VII · Sec A
Chief Strategy and Design Officer
$169,409Pt VII · Sec A
Principal
$152,965Pt VII · Sec A
Senior Director of Operati
$149,260Pt VII · Sec A
Development Officer
$147,301Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2021FY2020
Reid Gough—$277,078
James O'Donnell$178,960—
Kalyani Bhatt$173,855$142,153
Ernestine Saunders$173,725$167,622
Andrius Anuzis$172,440—
Margaret Sturges$169,409—
Phillip Price$152,965$119,861
Grant a Heugel$149,260$125,543

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Three Pillars an Educational Service executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports public schools with educational, financial, and management services.

Provided by the organization

This section is blank until Three Pillars an Educational Service claims this page.

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1 program service account for $22.2M of program spending, described in the organization's own filed words · FY2020.
01

Cornerstone education group provided comprehensive operational services to charter schools operating in the metro detroit area. Cornerstone's activities allow these charter schools to maximize their effectiveness in providing a quality education to all students at the lowest possible cost.

$22.2Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$940K
Grants paid · 4 grants · $732K · 2019–2019
Washington-Parks AcademyFY2019$400,000
Madison Carver AcademyFY2019$165,000
Conerstone Jefferson-Douglass AcademyFY2019$110,000
Conerstone Health and Technology SchoolFY2019$56,926

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$27.8M
Ln 12
Gifts and grantsLn 1h$27.8M
Money outPt IX
$26.7M
Ln 25
Programscol B$22.2M
Managementcol C$4.5M
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$4.3M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
17
listed · VII A
PaidVII A11
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27.8M
Government grantsLn 1e$26.9M
Total revenueLn 12$27.8M
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Land, buildings, equipmentLn 10c$68K
Other assetsLn 15$6K
Total assetsLn 16$4.3M
LiabilitiesLn 26$1.8M
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 5403
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$556$2K
Land, buildings, equipmentLn 10c$99K$68K
Total assetsLn 16$4.0M$4.3M
LiabilitiesLn 26$2.6M$1.8M
Net assetsLn 32$1.4M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.7M$1.7M
Other salaries and wagesLn 7$21.3M$20.6M$656K
Other employee benefitsLn 9$235K$235K
Payroll taxesLn 10$244K$64K$180K
Legal feesLn 11b$83K$83K
Accounting feesLn 11c$27K$27K
Other fees for servicesLn 11g$218K$42K$176K
Advertising and promotionLn 12$202K$113K$88K
Office expensesLn 13$212K$42K$170K
Information technologyLn 14$198K$148K$50K
OccupancyLn 16$78K$2K$76K
TravelLn 17$53$53
Conferences, conventions and meetingsLn 19$342K$162K$179K
InterestLn 20$25K$25K
Depreciation, depletion and amortizationLn 22$137K$28K$109K
InsuranceLn 23$224K$107K$117K
Other expenses (24a–d)Ln 24$1.1M$652K$465K
All other expensesLn 24e$375K$230K$144K
Total functional expensesLn 25$26.7M$22.2M$4.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $27.8M$26.7M$1.1M$2.5M 990 PDF
FY2020 $23.2M$24.3M−$1.1M$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $27,789,586 across 4 lines filed
VIII-1e Government grants$26,856,168
VIII-1f All other contributions, gifts and grants$933,418
VIII-1h Total contributions, gifts and grants$27,789,586
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$27,789,586
Part IX · Statement of functional expenses $26,704,005 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $1,695,030$1,695,030
IX-7 Other salaries and wagesPrograms $20,638,835 · Management $655,812$21,294,647
IX-9 Other employee benefitsManagement $234,849$234,849
IX-10 Payroll taxesPrograms $64,182 · Management $179,597$243,779
IX-11b Legal feesManagement $82,698$82,698
IX-11c Accounting feesManagement $26,850$26,850
IX-11g Other fees for servicesPrograms $41,765 · Management $175,811$217,576
IX-12 Advertising and promotionPrograms $113,269 · Management $88,353$201,622
IX-13 Office expensesPrograms $42,305 · Management $169,504$211,809
IX-14 Information technologyPrograms $148,185 · Management $50,175$198,360
IX-16 OccupancyPrograms $2,286 · Management $75,600$77,886
IX-17 TravelPrograms $53$53
IX-19 Conferences, conventions and meetingsPrograms $162,496 · Management $179,151$341,647
IX-20 InterestManagement $24,626$24,626
IX-22 Depreciation, depletion and amortizationPrograms $27,934 · Management $109,356$137,290
IX-23 InsurancePrograms $106,618 · Management $117,166$223,784
IX-24 Other expenses (24a–d)Programs $651,865 · Management $464,920$1,116,785
IX-24e All other expensesPrograms $230,235 · Management $144,479$374,714
IX-25 Total functional expensesPrograms $22,230,028 · Management $4,473,977 · Fundraising $0$26,704,005
Part X · Balance sheet $4,279,920 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $556$1,657
X-4 Accounts receivableStart of year $3,497,443$4,078,214
X-9 Prepaid expenses and deferred chargesStart of year $377,552$126,343
X-10c Land, buildings and equipment, netStart of year $98,732$67,706
X-15 Other assetsStart of year $6,000$6,000
X-16 Total assetsStart of year $3,980,283$4,279,920
X-17 Accounts payable and accrued expensesStart of year $1,789,744$1,768,620
X-19 Deferred revenueStart of year $10,995$46,175
X-26 Total liabilitiesStart of year $2,600,739$1,814,795
X-27 Net assets without donor restrictionsStart of year $1,219,544$2,465,125
X-28 Net assets with donor restrictionsStart of year $160,000$0
X-32 Total net assets or fund balancesStart of year $1,379,544$2,465,125
X-33 Total liabilities and net assetsStart of year $3,980,283$4,279,920
Part XI · Reconciliation of net assets $2,465,125 net assets at year end
XI-1 Total revenue$27,789,586
XI-2 Total expenses$26,704,005
XI-3 Revenue less expenses$1,085,581
XI-4 Net assets at start of year$1,379,544
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,465,125

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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