Cornerstone Christian School FY2023 filing

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Religious educational purpose

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-2431234) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
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
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
7.5 mo
of spending, in cash
7.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$20
<0.01% of total assets
Liabilities are 0.01% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$459K
-33% vs prior year
Spent
$513K
To programs
91%
Net assets
$383K
By yearFY2019–FY2025
Revenue
$459K
FY2023▼ -33%
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
$513K
FY2023▲ +16%
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
$383K
FY2023▼ -12%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 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

91 cents of each dollar spent went to programs.

Program services 91% · $466K Management & general 9% · $47K

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

7 people listed on the 990.

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.

See Cornerstone Christian School executive salaries →

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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3 programs · in their own filed words · FY2023
01

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

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-2431234) · Dispute this line
Pt IX · Ln 25 · col B
02

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

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-2431234) · Dispute this line
Pt IX · Ln 25 · col B
03

CCS is an elementary education institution

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-2431234) · Dispute this line
Pt IX · Ln 25 · 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$459K
Ln 12
Fees for servicesLn 2g$364K
Gifts and grantsLn 1h$91K
Investment incomeLn 3$3K
Money outPt IX
$513K
Ln 25
Programscol B$466K
Managementcol C$47K
Owns and owesPt X
$383K
net assets · Ln 32
Cash and savingsLn 1–2$321K
Total assetsLn 16$383K
LiabilitiesLn 26$20
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$91K
Government grantsLn 1e$91K
Fees for servicesLn 2g$364K
Investment incomeLn 3$3K
Total revenueLn 12$459K
Assets in detailPt X, end of year
CashLn 1$321K
Cash and savings togetherLn 1–2$321K
Land, buildings, equipmentLn 10c$62K
Total assetsLn 16$383K
LiabilitiesLn 26$20
Net assetsLn 32$383K
OperationsPt I, VI
EmployeesI 527
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$379K$321K
Land, buildings, equipmentLn 10c$59K$62K
Total assetsLn 16$438K$383K
LiabilitiesLn 26$34$20
Net assetsLn 32$438K$383K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$352K$317K$35K
Payroll taxesLn 10$27K$24K$3K
Other fees for servicesLn 11g$5K$4K$483
Advertising and promotionLn 12$969$872$97
Office expensesLn 13$5K$5K$527
OccupancyLn 16$38K$34K$4K
Depreciation, depletion and amortizationLn 22$1$1
InsuranceLn 23$6K$6K$625
Other expenses (24a–d)Ln 24$57K$56K$2K
All other expensesLn 24e$22K$19K$2K
Total functional expensesLn 25$513K$466K$47K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 18, 2026 $526K$588K−$62K$315K 990 PDF
FY2024Filed with the IRS May 14, 2025 $599K$589K$10K$377K 990 PDF
FY2023 ViewingFiled with the IRS Sep 10, 2024 $459K$513K−$54K$383K 990 PDF
FY2022Filed with the IRS Jun 30, 2023 $688K$441K$247K$438K 990 PDF
FY2021Filed with the IRS May 16, 2022 $429K$310K$119K$190K 990 PDF
FY2020Filed with the IRS Sep 15, 2021 $176K$182K−$6K−$93K 990 PDF
FY2019Filed with the IRS Sep 14, 2022 $159K$18K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $458,761 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $371,215$91,337
I-9 Program service revenuePrior year $316,915$364,335
I-10 Investment incomePrior year $47$3,089
I-11 Other revenue$0
I-12 Total revenuePrior year $688,177$458,761
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $323,119$379,194
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $118,150$133,917
I-18 Total expensesPrior year $441,269$513,111
I-19 Revenue less expensesPrior year $246,908−$54,350
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $458,761 across 5 lines filed
Lines not itemized here account for $1,968 of total revenue; see the IRS return.
VIII-1e Government grants$91,337
VIII-1h Total contributions, gifts and grants$91,337
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $362,367$362,367
VIII-3 Investment incomeRelated to mission $3,089$3,089
VIII-12 Total revenueRelated to mission $367,424$458,761
Part IX · Statement of functional expenses $513,111 across 10 lines filed
IX-7 Other salaries and wagesPrograms $316,887 · Management $35,209$352,096
IX-10 Payroll taxesPrograms $24,388 · Management $2,710$27,098
IX-11g Other fees for servicesPrograms $4,349 · Management $483$4,832
IX-12 Advertising and promotionPrograms $872 · Management $97$969
IX-13 Office expensesPrograms $4,743 · Management $527$5,270
IX-16 OccupancyPrograms $33,986 · Management $3,776$37,762
IX-22 Depreciation, depletion and amortizationPrograms $1$1
IX-23 InsurancePrograms $5,620 · Management $625$6,245
IX-24 Other expenses (24a–d)Programs $55,717 · Management $1,572$57,289
IX-24e All other expensesPrograms $19,394 · Management $2,155$21,549
IX-25 Total functional expensesPrograms $465,957 · Management $47,154 · Fundraising $0$513,111
Part X · Balance sheet $382,966 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $378,580$320,838
X-10c Land, buildings and equipment, netStart of year $59,044$62,128
X-16 Total assetsStart of year $437,624$382,966
X-17 Accounts payable and accrued expensesStart of year $34$20
X-26 Total liabilitiesStart of year $34$20
X-27 Net assets without donor restrictionsStart of year $437,590$382,946
X-32 Total net assets or fund balancesStart of year $437,590$382,946
X-33 Total liabilities and net assetsStart of year $437,624$382,966
Part XI · Reconciliation of net assets $382,946 net assets at year end
XI-1 Total revenue$458,761
XI-2 Total expenses$513,111
XI-3 Revenue less expenses−$54,350
XI-4 Net assets at start of year$437,590
XI-9 Other changes in net assets−$294
XI-10 Net assets at end of year$382,946

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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