This allows students to independently achieve a high school diploma and attend further education in an academic, trade, or business world. They learn to become independent and rely on the own abilities to adjust to the outside world of business. They learn time management and how to control their own time schedules.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average surplus $850 a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% 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
$103K
+22% vs prior year
Spent
$106K
To programs
0%
Net assets
$59K
By yearFY2021–FY2026
Revenue
$103K
FY2022▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2021$84K
FY2022$103K
FY2023$113K
FY2024$122K
FY2025$222K
FY2026$141K
Expenses
$106K
FY2022▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$87K
FY2022$106K
FY2023$115K
FY2024$152K
FY2025$165K
FY2026$155K
Net assets
$59K
FY2022▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2021$62K
FY2022$59K
FY2023$62K
FY2024$77K
FY2025$134K
FY2026$111K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Sep 2002.

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

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Building Liason
$0Pt VII · Sec A
Registration
$0Pt VII · Sec A
Tutor Liason
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cornerstone Tutorial INC 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 15aNo

Programs and updates

Provides 27 classes in numerous subjects for homeschooling families.

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1 program · in their own filed words · FY2021
01

Tuition that was charged for each course that the student signed up for represents the revenue. The expenses are represented by what we pay each tutor for teaching the student in their classes.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$103K
Ln 12
Fees for servicesLn 2g$102K
Other incomeLn 4–11$734
Investment incomeLn 3$18
Money outPt IX
$106K
Ln 25
Owns and owesPt X
$59K
net assets · Ln 32
Cash and savingsLn 1–2$59K
Total assetsLn 16$59K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$102K
Investment incomeLn 3$18
Other incomeLn 4–11$734
Total revenueLn 12$103K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$59K
Total assetsLn 16$59K
LiabilitiesLn 26$0
Net assetsLn 32$59K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$63K$59K
Total assetsLn 16$63K$59K
LiabilitiesLn 26$0$0
Net assetsLn 32$63K$59K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$318
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$3K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$214
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$938
Other expenses (24a–d)Ln 24$102K
All other expensesLn 24e$0
Total functional expensesLn 25$106K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $141K$155K−$14K$111K 990 PDF
FY2025 $222K$165K$57K$134K 990 PDF
FY2024 $122K$152K−$29K$77K 990 PDF
FY2023 $113K$115K−$2K$62K 990 PDF
FY2022 Viewing $103K$106K−$4K$59K 990 PDF
FY2021 $84K$87K−$3K$62K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $102,528 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $83,995$101,776
I-10 Investment incomePrior year $175$18
I-11 Other revenue$734
I-12 Total revenuePrior year $84,170$102,528
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $86,841$106,223
I-18 Total expensesPrior year $86,841$106,223
I-19 Revenue less expensesPrior year −$2,671−$3,695
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $102,528 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$101,776
VIII-3 Investment income$18
VIII-8 Net income from fundraising events$734
VIII-12 Total revenue$102,528
Part IX · Statement of functional expenses $106,223 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$318
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$3,000
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$214
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$938
IX-24 Other expenses (24a–d)$101,753
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$106,223
Part X · Balance sheet $59,231 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $47,621$44,363
X-2 Savings and temporary cash investmentsStart of year $15,005$14,868
X-16 Total assetsStart of year $62,626$59,231
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $62,626$59,231
X-33 Total liabilities and net assetsStart of year $62,626$59,231
Part XI · Reconciliation of net assets $59,231 net assets at year end
XI-1 Total revenue$102,528
XI-2 Total expenses$106,223
XI-3 Revenue less expenses−$3,695
XI-4 Net assets at start of year$62,626
XI-8 Prior period adjustments$300
XI-10 Net assets at end of year$59,231

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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