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The Cornerstone School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222730159 ✦ Stratham, NH ✦ Designated as a 501(c)(3)

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Overview

What is The Cornerstone School?

The Cornerstone School, situated in Stratham, New Hampshire (03885), is a nonprofit organization dedicated to offering Montessori education to children spanning from 15 months to 14 years old. This educational institution prides itself on a team of 43 dedicated individuals, all working together to foster an enriching learning experience. The school's mission is deeply rooted in providing a Montessori-based curriculum, enabling children to develop holistically.


Official website here: www.cornerstoneschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The Cornerstone School has achieved an impressive 92% score on Charity Navigator, earning a Four-Star rating, which signifies a strong commitment to accountability and financial health. This high rating is based solely on the Accountability & Finance beacon, indicating the organization’s solid practices in these areas.

Strengths of The Cornerstone School include a fully independent board with 100% independent members, ensuring unbiased governance. The charity has exemplary financial oversight, demonstrated by its audit and oversight committee as well as a strong program expense ratio of 85.43%, reflecting a focus on program delivery over administrative costs. Additional positive aspects include a comprehensive conflict of interest policy and an active whistleblower policy, reinforcing the organization's commitment to transparency.

While the data highlights strong financial practices, there are no noted limitations or areas for improvement provided in the summary. Overall, The Cornerstone School is positioned as a responsible and effective nonprofit, prioritizing its mission and stakeholder trust.


This AI summary has been generated from information found on Charity Navigator.

Is The Cornerstone School legitimate?

The Cornerstone School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cornerstone School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $111,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,578,984

For more financial information, click here


Official website here: www.cornerstoneschool.org

What is the mission statement of The Cornerstone School?

The Cornerstone School is committed to providing Montessori education to children spanning from 15 months to 14 years old. Their mission involves fostering an educational environment that adheres to Montessori teaching methods, aiming to nurture the cognitive, social, and emotional development of each child. The school strives to create a supportive learning atmosphere where every child can grow and thrive at their own pace. Their curriculum emphasizes hands-on learning, self-discovery, and independence, preparing students for a successful transition into their future academic and personal endeavors.


Official website here: www.cornerstoneschool.org

Who is the CEO of The Cornerstone School?

Aaron Peters is the Director of The Cornerstone School.


Official website here: www.cornerstoneschool.org

What is the revenue of The Cornerstone School?

The Cornerstone School's revenue in 2023 was $2,273,787.


Official website here: www.cornerstoneschool.org

Who are the executives of The Cornerstone School and what are their salaries?

The average compensation at The Cornerstone School during 2023 was $39,315. There are 43 employees and 70 volunteers at The Cornerstone School.


Here are 11 key members and their salaries:


Brian Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selvi Lampman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Henly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pruyne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Kukenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rainboth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Garnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Peters (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Jaskolka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Ostman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leela Pahl (Head Of School)
  • Compensation: $102,931
  • Related: $0
  • Other: $1,500


Official website here: www.cornerstoneschool.org

Where can I find the form 990 for The Cornerstone School?

The Cornerstone School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cornerstoneschool.org

Learn more at the official website: www.cornerstoneschool.org

Mission Statement of The Cornerstone School

The Cornerstone School, a reputable institution, is committed to providing Montessori education to children spanning from 15 months to 14 years old. This mission is at the heart of the school's activities and drives its daily operations. By implementing the Montessori method, The Cornerstone School aims to foster an environment that encourages each child's holistic development, nurturing their cognitive, social, emotional, and physical growth. The school's mission is not just about teaching academic skills but also about fostering independence, creativity, and a love for learning in its students.

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Impact




October, 2024

The Cornerstone School significantly impacts the community by offering Montessori education to children aged 15 months to 14 years. Located in Stratham, NH, it provides a unique and enriching learning environment that fosters independence, creativity, and a love for learning among young students. By embracing the Montessori method, the school emphasizes hands-on learning and holistic development, allowing children to thrive academically, socially, and emotionally. This approach not only equips students with valuable skills for their future but also nurtures a sense of curiosity and confidence, preparing them to contribute positively to society. The Cornerstone School plays a vital role in shaping the next generation by instilling a strong educational foundation in a supportive and engaging environment.




This information is meant to be a general summary of The Cornerstone School. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,273,787 (2023)
Expenses
$2,444,517 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $21,798
  • Program Service Revenue: $2,223,105
  • Gross Receipts: $2,335,406

Assets and Liabilities:

  • Total Assets: $2,682,571
  • Total Liabilities: $470,719
  • Net Assets: $2,211,852

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$2,067,869

AFTER SCHOOL PROGRAM

Revenue

$141,210

SUMMER CAMP

Revenue

$10,691

MISCELLANEOUS INCOME

Revenue

$3,335

Organization Details

Founding Year

1985

Principal Officer

Aaron Peters

Main Address

146 HIGHT STREET, STRATHAM, NH, 03885

NTEE Category

Code: B240 - Education

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