Cornerstone Christian School

Camden, SC · Public charity (501(c)(3)) · Since 2011 · Education

✓ Tax-deductible
Revenue
$526K
-12% vs prior year
Spent
$588K
To programs
91%
Net assets
$315K
By yearFY2019–FY2025
Revenue
$526K
FY2025▼ -12%
Revenue by fiscal year
FY2019$159K
FY2020$176K
FY2021$429K
FY2022$688K
FY2023$459K
FY2024$599K
FY2025$526K
Expenses
$588K
FY2025-0.2%
Expenses by fiscal year
FY2019Not on file
FY2020$182K
FY2021$310K
FY2022$441K
FY2023$513K
FY2024$589K
FY2025$588K
Net assets
$315K
FY2025▼ -16%
Net assets by fiscal year
FY2019$18K
FY2020−$93K
FY2021$190K
FY2022$438K
FY2023$383K
FY2024$377K
FY2025$315K

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CCornerstone Christian School
EINHdr · item D45-2431234
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2012
Year of formationHdr · item L2011
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCamden, SC
NTEE classificationIRS BMFEducation (B20)
WebsiteHdr · item Jccscamden.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$535K
Management & general9%$53K
Total functional expensesLn 25$588K

Financial health

Is it on solid ground?

Program efficiency
91%
of spending reaches programs-0.3% vs prior filing year
Operating runway
6.1mo
months of highly liquid reserves at operating expense rate▼ -14% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▼ -801% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$318K
FY2025▼ -16%
Total assets by fiscal year
FY2019Not on file
FY2020$70K
FY2021$190K
FY2022$438K
FY2023$383K
FY2024$378K
FY2025$318K
Total liabilities
$3K
FY2025▲ +283%
Total liabilities by fiscal year
FY2019Not on file
FY2020$163K
FY2021$0
FY2022$34
FY2023$20
FY2024$870
FY2025$3K
Revenue less expensesPt I · Ln 19−$62K
Total assetsPt X · Ln 16$318K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$300K
Total assetsLn 16$318K
Total liabilitiesLn 26$3K
Total net assetsLn 32$315K
Months of cash on handcomputed6.1

Statement of Revenue

Part VIII
Program service revenue$487K · 93%
Contributions & grants$34K · 6%
Investment income$4K · 1%
Program service revenue93%$487K
Contributions & grants6%$34K
Investment income1%$4K
— government grantsLn 1e$34K
Total revenueLn 12$526K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $300K · Operating expenses/yr $588K
6.1 months
Where the money goes
Program services
Program services $535K · Total expenses $588K
91%
Management & General
Management & general $53K · Total expenses $588K
9%
Fundraising
Fundraising $0 · Total expenses $588K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $34K · Total revenue $526K
6%
Government reliance
Government grants $34K · Total revenue $526K
6%
Earned-income share
Program service revenue $487K · Total revenue $526K
93%
Investment reliance
Investment income $4K · Total revenue $526K
+0.8%
Program self-sufficiency
Program service revenue $487K · Total expenses $588K
83%
Growth & trend
Revenue growth (YoY)
This year $526K · Prior year $599K
-12%
Revenue CAGR
FY2019 $159K · FY2025 $526K
+22%
Net-asset trend (YoY)
End of year $315K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $526K · Expenses $588K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $318K
—
Net-asset ratio
Net assets $315K · Total assets $318K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $318K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lise Gainey · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $588K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $432K · Total expenses $588K
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Revenue growth -12%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Headmaster B
$0Pt VII · Sec A

Janet Etters’s $30K as Headmaster B is at the 22nd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2019
Janet Etters$29,875$22,655$22,480

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.

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Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 8Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates students from kindergarten up in academics and social structure.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2025.
01

Article I and article ii of the bylaws clearly define the purpose of conerstone christian school as exclusively for religious educational purpose

Pt IX · col B
02

Organization with students of kindergarten age and up and of advanced academics and social structure

Pt IX · col B
03

CCS is an elementary education institution

Pt IX · col B

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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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $526K$588K-12% 990 PDF
FY2024 $599K$589K+31% 990 PDF
FY2023 $459K$513K-33% 990 PDF
FY2022 $688K$441K+60% 990 PDF
FY2021 $429K$310K+144% 990 PDF
FY2020 $176K$182K+11% 990 PDF
FY2019 $159K— 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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