990 Scout/ Cornerstone Academy/ Financials

Financial Information for Cornerstone Academy

Cornerstone Academy's annual revenue was $245K in tax year 2024, reported on their IRS Form 990. They spent $330K in total expenses. 89% went to programs and services.

Financial Breakdown

What is Cornerstone Academy's total annual expenses?

Cornerstone Academy spent $330K in tax year 2024, according to their IRS Form 990 filing.

How much of Cornerstone Academy's budget goes to programs?

Cornerstone Academy spent $294K (89% of expenses) on programs and services in tax year 2024.

How much does Cornerstone Academy spend on overhead?

Cornerstone Academy's overhead in tax year 2024 includes administrative (9%) and fundraising (2%) of their expenses.

What is Cornerstone Academy's net worth?

Cornerstone Academy had net assets of $107K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.