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Cornerstone Center For Early Learning

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

EIN: 430923158 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Center For Early Learning?

The Cornerstone Center for Early Learning is a nonprofit organization situated in St. Louis, Missouri, specifically at 3901 Russell Boulevard. The center is licensed and accredited by the state of Missouri, enabling it to deliver comprehensive, high-quality child development programs for young children. Its primary mission is to provide exceptional care and education for children residing in the near south side neighborhood of St. Louis. The center employs a team of 62 dedicated individuals, ensuring it can offer these critical services effectively.


Official website here: www.cornerstonecenterstl.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Cornerstone Center For Early Learning has demonstrated a high level of accountability and financial health, as indicated by its impressive 96% score in this category. The charity's overall rating is based on its strong performance in various metrics, including a fully independent board and effective financial oversight, which ensures transparency and proper governance.

The organization excels in maintaining a majority of independent board members, with a total of 15, which contributes to its strong governance structure. Additionally, it has established comprehensive policies, such as those for conflict of interest and whistleblower protections, showcasing a commitment to ethical practices. The financial ratios also reflect a healthy balance, with a program expense ratio of 78.95%, indicating that a significant portion of its funds is directed towards its mission.

There are no noted limitations or deficiencies in the data provided, reinforcing the perception of Cornerstone Center as a well-managed and responsible nonprofit. Overall, the organization's strong fiscal performance and governance practices highlight its dedication to effectively supporting early learning initiatives.


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

Is Cornerstone Center For Early Learning legitimate?

Cornerstone Center For Early Learning is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Center For Early Learning 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: $142,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,346,774

For more financial information, click here


Official website here: www.cornerstonecenterstl.org

What is the mission statement of Cornerstone Center For Early Learning?

The Cornerstone Center for Early Learning is committed to providing exceptional care and education for children residing in a specific neighborhood. Their mission is to deliver high-quality child development programs, ensuring comprehensive growth for young children, licensed and accredited by the state of Missouri. The center aims to contribute positively to the children's development and well-being.


Official website here: www.cornerstonecenterstl.org

Who is the CEO of Cornerstone Center For Early Learning?

Andy Bredemeyer is the President of Cornerstone Center For Early Learning.


Official website here: www.cornerstonecenterstl.org

What is the revenue of Cornerstone Center For Early Learning?

Cornerstone Center For Early Learning's revenue in 2022 was $3,181,583.


Official website here: www.cornerstonecenterstl.org

Who are the executives of Cornerstone Center For Early Learning and what are their salaries?

The average compensation at Cornerstone Center For Early Learning during 2022 was $24,024. There are 62 employees and 118 volunteers at Cornerstone Center For Early Learning.


Here are 16 key members and their salaries:


Mark Kent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Ann Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Finnegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hennessee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prudence Kramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Schlitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Seltzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Torbitsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dara Mchugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Baima (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Bredemeyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmin Pruitt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Dierker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Clark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Lucy (Executive Director)
  • Compensation: $132,097
  • Related: $0
  • Other: $10,612


Official website here: www.cornerstonecenterstl.org

Where can I find the form 990 for Cornerstone Center For Early Learning?

Cornerstone Center For Early Learning's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cornerstonecenterstl.org

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

Mission Statement of Cornerstone Center For Early Learning

The Cornerstone Center for Early Learning is dedicated to providing exceptional care and education for children residing in St. Louis' Near South Side neighborhood. Their mission, as stated, is centered around offering the finest care and educational opportunities to these young individuals. This nonprofit organization is licensed and accredited by the state of Missouri, allowing it to deliver comprehensive, high-quality child development programs for its young charges.

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Impact




July, 2024

Cornerstone Center For Early Learning has a significant impact on the community by providing high-quality care and education for children in St. Louis' near south side neighborhood. Through its state-licensed and accredited programs, Cornerstone Center ensures that young children receive comprehensive child development opportunities in a nurturing and supportive environment. This not only benefits the children directly but also contributes to the overall well-being and development of the community.




This information is meant to be a general summary of Cornerstone Center For Early Learning. 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
$3,181,583 (2022)
Expenses
$2,511,283 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,745
  • Program Service Revenue: $598,579
  • Gross Receipts: $3,222,991

Assets and Liabilities:

  • Total Assets: $6,005,315
  • Total Liabilities: $2,090,731
  • Net Assets: $3,914,584

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Programs

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

PROGRAM SERVICE FEES

Revenue

$598,579

Organization Details

Founding Year

1969

Principal Officer

Andy Bredemeyer

Main Address

3901 RUSSELL BOULEVARD, ST LOUIS, MO, 631103709

NTEE Category

Code: P33 - Human services

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