Overview
What is The Cornerstone School Inc?
The Cornerstone School Inc, located in Ocala, Florida, is a nonprofit organization that offers a private educational environment for children ranging from preschool to middle school. Serving approximately 250 students, the school's mission is to inspire its students to become passionate learners who think creatively and independently. It fosters a sense of purpose guided by values of tolerance, integrity, and mutual respect. The Cornerstone School Inc aims to provide a nurturing and supportive learning environment that encourages independent thinking and promotes a diverse and inclusive community. The organization currently employs a team of 83 individuals dedicated to achieving these goals.
Official website here: www.thecornerstoneschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 75%, Three-Star out of Four Star rating.
The Cornerstone School Inc has achieved a Three-Star rating, reflecting a solid level of accountability and financial management. The organization's score is derived entirely from its Accountability & Finance metrics, which highlights its commitment to transparency and responsible fiscal practices. Key strengths include a fully independent board and robust policies for conflict of interest, whistleblower protection, and document retention.
The charity demonstrates good financial health, with a liabilities to assets ratio of 36.04%, indicating a reasonable level of debt in relation to its assets. However, the program expense ratio at 65.45% suggests that there may be room for improvement in directing a higher percentage of funds towards direct program services. Overall, while The Cornerstone School Inc exhibits strong governance and accountability, there may be opportunities to enhance its programmatic spending efficiency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Cornerstone School Inc?
100% of 13 reviewers on Facebook recommend The Cornerstone School Inc. Here's a summary of their reviews:
There is a strong positive sentiment towards the school, with users praising the dedicated staff and the overall student experience. Reviewers highlight the supportive environment created by the educators, indicating a deep commitment to students' growth and success.
Overall, this nonprofit seems to effectively meet the needs of its students, creating a nurturing space that promotes learning and development. The appreciation expressed by reviewers suggests that The Cornerstone School Inc. truly fulfills its mission in the community.
This AI summary has been generated from reviews found on Facebook.
Is The Cornerstone School Inc legitimate?
The Cornerstone School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cornerstone School Inc 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: $154,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,587,035
For more financial information, click here
Official website here: www.thecornerstoneschool.org
What is the mission statement of The Cornerstone School Inc?
The Cornerstone School Inc's mission is centered around inspiring its students to develop a passion for learning, encouraging creative and independent thinking, and fostering a sense of purpose guided by values such as tolerance, integrity, and mutual respect. By providing a private educational environment for preschool to middle school-aged children, the school aims to nurture these qualities, ultimately shaping well-rounded individuals.
Official website here: www.thecornerstoneschool.org
Who is the CEO of The Cornerstone School Inc?
Ingrid Wasserfall is the Director Of of The Cornerstone School Inc.
Official website here: www.thecornerstoneschool.org
What is the revenue of The Cornerstone School Inc?
The Cornerstone School Inc's revenue in 2022 was $3,668,998.
Official website here: www.thecornerstoneschool.org
Who are the executives of The Cornerstone School Inc and what are their salaries?
The average compensation at The Cornerstone School Inc during 2022 was $20,988. There are 83 employees and 190 volunteers at The Cornerstone School Inc.
Here are 16 key members and their salaries:
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Official website here: www.thecornerstoneschool.org
Where can I find the form 990 for The Cornerstone School Inc?
The Cornerstone School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecornerstoneschool.org
Learn more at the official website: www.thecornerstoneschool.org
Mission Statement of The Cornerstone School Inc
The Cornerstone School Inc, a renowned educational institution, is committed to inspiring its students to develop a passion for learning, fostering creative and independent thinking, and cultivating a purpose guided by values of tolerance, integrity, and mutual respect. The school's mission is to provide a nurturing environment for preschool to middle school-aged children, aiming to instill in them a sense of purpose and moral compass. By encouraging critical thinking and independence, The Cornerstone School Inc seeks to equip its students with the tools necessary to navigate the complexities of the world, while instilling in them the importance of respect and understanding for others.
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Impact
July, 2024
The Cornerstone School Inc's impact lies in inspiring students to be passionate learners who think creatively and independently, while nurturing a sense of purpose guided by values of tolerance, integrity, and mutual respect. This nonprofit provides a private educational environment for preschool through middle school-aged children in Ocala, FL, serving approximately 250 students. Their mission is centered on fostering a love for learning and developing students who are critical thinkers and compassionate individuals with strong moral values.
This information is meant to be a general summary of The Cornerstone School Inc. 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 2022.
- Investment Income: $1,008
- Program Service Revenue: $3,446,154
- Gross Receipts: $3,832,608
Assets and Liabilities:
- Total Assets: $6,647,373
- Total Liabilities: $2,857,635
- Net Assets: $3,789,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$2,803,391
SUMMER PROGRAMS
Revenue
$209,877
REGISTRATIONS
Revenue
$118,350
EXTENDED DAY PROGRAM
Revenue
$80,032
STUDENT EVENT INCOME
Revenue
$76,689
Organization Details
Founding Year
1982
Phone
(352) 351-8840Principal Officer
Ingrid Wasserfall
Main Address
2313 SE LAKE WEIR AVENUE, OCALA, FL, 34471
Website
www.thecornerstoneschool.orgNTEE Category
Code: B24 - Education
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