Cornerstone Christian School Inc

Charity Navigator Rating: 84%, Three-Star out of Four Star rating. This rating indicates that Cornerstone Christian School Inc has a solid accountability and finance score, reflecting its financial management practices. The score is based entirely on their performance in the Accountability & Finance beacon, showcasing areas where they excel, particularly in maintaining a majority of independent board members and a low liabilities to assets ratio.

The organization demonstrates strong governance with 100% of board members being independent, which is crucial for maintaining accountability. Additionally, there are no material diversions of assets, and they have a high program expense ratio, suggesting that most of their funding is directed towards their mission rather than administrative costs. These strengths highlight a commitment to transparency and effective financial stewardship.

However, the organization does have notable weaknesses in its policies and documentation. Specifically, they lack essential policies such as a conflict of interest policy and a whistleblower policy, as well as not posting their tax forms on their website. These gaps could be areas for improvement to enhance their accountability and transparency further.

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

Cornerstone Christian School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Christian 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: $85,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,060

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Official website here: www.cornerstoneky.com