Religious educational purpose

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990-EZIndependent: 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
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $42K a year · 9% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$137K
196% of total assets
Concern: liabilities are 196% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176K
+11% vs prior year
Spent
$182K
To programs
92%
Net assets
−$93K
By yearFY2019–FY2025
Revenue
$176K
FY2020▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2019$159K
FY2020$176K
FY2021$429K
FY2022$688K
FY2023$459K
FY2024$599K
FY2025$526K
Expenses
$182K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2019Not on file
FY2020$182K
FY2021$310K
FY2022$441K
FY2023$513K
FY2024$589K
FY2025$588K
Net assets
−$93K
FY2020▼ -612%
Tap a bar for its year
Net assets by fiscal year
FY2019$18K
FY2020−$93K
FY2021$190K
FY2022$438K
FY2023$383K
FY2024$377K
FY2025$315K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2012.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $168K Management & general 8% · $15K

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

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Who runs it and what they're paid

8 people listed on the 990-EZ.

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

See Cornerstone Christian School 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

Educates students from kindergarten up in academics and social structure.

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Provided by the organization

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3 programs · $167K · in their own filed words · FY2020
01

CCS is an elementary education institution

$167Kprogram expense
02

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
03

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

Pt IX · col B

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

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$176K
Fees for services$171K
Gifts and grants$54K
Investment income$2
Money out
$182K
Programs$168K
Management$15K
Owns and owes
−$93K
net assets
Cash and savings$54K
Total assets$70K
Liabilities$137K
People
8
listed
Paid0
Voting board4
Independent4
2In more detail
Revenue in detail
Gifts and grants$54K
Government grants$54K
Fees for services$171K
Investment income$2
Total revenue$176K
Assets in detailEnd of year
Cash and savings together$54K
Total assets$70K
Liabilities$137K
Net assets−$93K
Operations
Employees27
Fiscal year endsDecember
Conflict-of-interest policyNo
Whistleblower policyNo
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $526K$588K−$62K$315K 990 PDF
FY2024 $599K$589K$10K$377K 990 PDF
FY2023 $459K$513K−$54K$383K 990 PDF
FY2022 $688K$441K$247K$438K 990 PDF
FY2021 $429K$310K$119K$190K 990 PDF
FY2020 Viewing $176K$182K−$6K−$93K 990 PDF
FY2019 $159K$18K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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