Overview
What is Cornerstone Christian Academy?
Cornerstone Christian Academy is a nonprofit institution located at 661 Castle Drive Suite B, Charleston, Illinois. Their primary focus is on delivering high-quality childcare in a nurturing Christian environment. With a dedicated workforce of 66 employees, they strive to provide an enriching experience for children, incorporating their Christian beliefs into their day-to-day operations. The academy remains committed to upholding the standards of childcare, ensuring a supportive and faith-based environment for the children in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Cornerstone Christian Academy has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 71%. The organization demonstrates strong accountability through having a majority of independent board members and a well-sized board. Additionally, it maintains a commendable program expense ratio of 99.71%, indicating a high percentage of funds directed towards its programs.
However, significant areas for improvement have been noted in the financial transparency domain. The absence of financial statements and several critical policies, such as the whistleblower and document retention policies, has resulted in a score of zero in various categories. Moreover, the lack of a website listed on the tax form and missing tax form postings on the nonprofit's website further highlight the need for better communication and adherence to best practices in governance.
Overall, while Cornerstone Christian Academy excels in its commitment to its program activities and governance structure, it faces challenges in financial transparency and policy implementation that could affect its operational effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Christian Academy legitimate?
Cornerstone Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Christian Academy 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: $103,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $988,025
For more financial information, click here
What is the mission statement of Cornerstone Christian Academy?
Cornerstone Christian Academy is dedicated to offering high-quality childcare within a nurturing Christian environment. Their mission is centered around providing children with exceptional care, ensuring that this environment fosters their growth and development. The academy strives to uphold Christian values while offering a nurturing and supportive atmosphere for the children in their care.
Who is the CEO of Cornerstone Christian Academy?
Chelsea Hamilton is the President of Cornerstone Christian Academy.
What is the revenue of Cornerstone Christian Academy?
Cornerstone Christian Academy's revenue in 2023 was $1,478,532.
Who are the executives of Cornerstone Christian Academy and what are their salaries?
The average compensation at Cornerstone Christian Academy during 2023 was $16,538. There are 66 employees at Cornerstone Christian Academy.
Here are 11 key members and their salaries:
- Compensation: $51,728
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- Other: $0
- Compensation: $51,728
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Cornerstone Christian Academy?
Cornerstone Christian Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cornerstone Christian Academy
Cornerstone Christian Academy, a nonprofit organization, is dedicated to providing top-notch child care within a nurturing Christian environment. Their mission is centered around offering high-quality care to children, fostering an atmosphere that harmoniously blends spiritual values with early education. The academy strives to create an environment where children can thrive, learning and growing in a context that aligns with Christian beliefs.
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Impact
October, 2024
Cornerstone Christian Academy has a significant impact on the local community in Charleston, IL, by providing quality childcare rooted in Christian values. The academy creates a nurturing environment where children can grow both academically and spiritually. Families seeking a supportive and faith-based environment find reassurance in the academy's commitment to fostering a love for learning while instilling essential moral values. This holistic approach not only shapes children into well-rounded individuals but also strengthens the community by promoting positive social interactions and ethical behavior among the youth. Through its dedicated care and educational programming, Cornerstone Christian Academy plays a vital role in preparing the next generation for future challenges.
This information is meant to be a general summary of Cornerstone Christian Academy. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,406
- Program Service Revenue: $1,215,007
- Gross Receipts: $1,478,751
Assets and Liabilities:
- Total Assets: $681,879
- Total Liabilities: $3,566
- Net Assets: $678,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND RELATED FEES
Revenue
$1,215,007
Organization Details
Founding Year
2008
Phone
(217) 345-4283Principal Officer
Chelsea Hamilton
Main Address
661 CASTLE DRIVE SUITE B, CHARLESTON, IL, 61920
NTEE Category
Code: B24P - Education
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