Overview
What is Cornerstone Academy And Ministries Inc?
Cornerstone Academy and Ministries Inc, located in Gainesville, Florida, is a nonprofit organization with a primary focus on education. They offer a wide range of educational services, including preschool, elementary, middle, and high school education, as well as adult education. Additionally, they provide supplementary services such as tutoring, curriculum development, consulting, remediation, testing, training, internet seminars, and the distribution of written materials. All their educational offerings are grounded in biblical Christian principles, aiming to foster an environment that instills a strong Christian character and passion for Jesus Christ. The organization's mission is to contribute to providing an outstanding classical education and fostering Godly character based on a biblical worldview. As of the provided information, there's a team of 46 dedicated individuals working towards achieving these goals.
Official website here: www.cornerstone.st
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that while Cornerstone Academy And Ministries Inc shows some strengths in accountability and finance, there are significant areas needing improvement. The organization scored well in aspects such as having a majority of independent board members and a high program expense ratio, suggesting a focus on its mission.
However, the nonprofit faces critical weaknesses, particularly in transparency and governance. The absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the organization's adherence to best practices. Additionally, the failure to provide financial statements and post tax forms on its website limits public access to vital information regarding its financial health.
Overall, while Cornerstone Academy And Ministries Inc demonstrates a commitment to its programs with a high percentage of expenditures directed towards its mission, the lack of critical governance policies and transparency measures detracts from its overall accountability. Addressing these issues could enhance its trustworthiness and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Academy And Ministries Inc legitimate?
Cornerstone Academy And Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Academy And Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $762,964
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Official website here: www.cornerstone.st
What is the mission statement of Cornerstone Academy And Ministries Inc?
Cornerstone Academy And Ministries Inc's mission is centered around providing an exceptional classical education and fostering Godly character. This is done based on a biblical worldview, with the aim of nurturing passionate followers of Jesus Christ. The institution offers educational services ranging from preschool to adult education, and may also provide additional services such as tutoring and curriculum development, all grounded in biblical Christian principles.
Official website here: www.cornerstone.st
Who is the CEO of Cornerstone Academy And Ministries Inc?
Alfredo Palmer is the President of Cornerstone Academy And Ministries Inc.
Official website here: www.cornerstone.st
What is the revenue of Cornerstone Academy And Ministries Inc?
Cornerstone Academy And Ministries Inc's revenue in 2022 was $1,294,422.
Official website here: www.cornerstone.st
Who are the executives of Cornerstone Academy And Ministries Inc and what are their salaries?
The average compensation at Cornerstone Academy And Ministries Inc during 2022 was $16,586. There are 46 employees and 40 volunteers at Cornerstone Academy And Ministries Inc.
Here are 4 key members and their salaries:
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Official website here: www.cornerstone.st
Where can I find the form 990 for Cornerstone Academy And Ministries Inc?
Cornerstone Academy And Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstone.st
Learn more at the official website: www.cornerstone.st
Mission Statement of Cornerstone Academy And Ministries Inc
Cornerstone Academy and Ministries Inc is dedicated to contributing to the education sector, with a specific focus on providing an exceptional classical education. Their mission extends beyond academic excellence, as they also strive to instill Godly character in their students, grounded in biblical principles. The ultimate goal of this nonprofit organization is to cultivate passionate disciples of Jesus Christ. Their educational services encompass various stages, from preschool to high school, and may also include additional offerings such as tutoring, curriculum development, and training. All these educational endeavors are guided by biblical Christian principles, ensuring a holistic development of the students.
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Impact
July, 2024
Cornerstone Academy And Ministries Inc's impact lies in providing an exceptional classical education rooted in biblical principles. The organization aims to not only educate students but also build their character based on a biblical worldview. By offering services ranging from preschool to adult education, including tutoring, curriculum development, and more, Cornerstone Academy is equipping individuals to become passionate disciples of Jesus Christ. Through its dedication to education and faith-based values, Cornerstone Academy is positively shaping the lives of students and contributing to the growth of a community centered on strong Christian principles.
This information is meant to be a general summary of Cornerstone Academy And Ministries 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.
- Program Service Revenue: $1,233,292
- Gross Receipts: $1,313,958
Assets and Liabilities:
- Total Assets: $241,364
- Total Liabilities: $29,053
- Net Assets: $212,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sports Programs
Revenue
$35,050
Tuition and Fees Income
Revenue
$1,198,242
Organization Details
Founding Year
2001
Phone
(352) 378-9337Principal Officer
Alfredo Palmer
Main Address
1520 NW 34th Street, Gainesville, FL, 32605
Website
www.cornerstone.stNTEE Category
Code: B12 - Education
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