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Collin County Cornerstone Christian Academy

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

EIN: 770632403 ✦ Mckinney, TX ✦ Designated as a 501(c)(3)

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Overview

What is Collin County Cornerstone Christian Academy?

Collin County Cornerstone Christian Academy is a nonprofit organization situated in McKinney, Texas. Operating as a non-denominational school, it provides educational opportunities for students from grades K through 12, fostering a Christian environment that encourages learning. With a dedicated workforce of 72 individuals, the academy offers a nurturing space where students can grow academically and spiritually. The organization's mission is to provide an enriching and faith-based education to its students, promoting personal growth and development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.

Collin County Cornerstone Christian Academy holds a 71% rating from Charity Navigator, indicating that while the organization demonstrates solid accountability and finance management, there are notable areas for improvement. The organization has a strong independent board with full scores for board member independence and size, as well as excellent ratios for liabilities to assets and program expenses.

However, the nonprofit has significant gaps in transparency and governance, with missing policies on whistleblower protections and document retention. Additionally, the absence of a website link on their tax form and the failure to post their tax forms on their website suggest a need for enhanced communication and accessibility to stakeholders. Overall, while the organization is managing its finances well, addressing these limitations could improve its standing and effectiveness in the community.


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

Is Collin County Cornerstone Christian Academy legitimate?

Collin County Cornerstone Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collin County 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: $89,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,801,481

For more financial information, click here

What is the mission statement of Collin County Cornerstone Christian Academy?

Collin County Cornerstone Christian Academy operates a non-denominational school, catering to students from grades K through 12. The organization provides a nurturing Christian environment for learning, fostering academic growth within this setting. The mission of Collin County Cornerstone Christian Academy is to operate a non-sectarian educational institute, promoting a Christian atmosphere for scholastic development.

Who is the CEO of Collin County Cornerstone Christian Academy?

Harry Ryan is the President of Collin County Cornerstone Christian Academy.

What is the revenue of Collin County Cornerstone Christian Academy?

Collin County Cornerstone Christian Academy's revenue in 2023 was $4,133,431.

Who are the executives of Collin County Cornerstone Christian Academy and what are their salaries?

The average compensation at Collin County Cornerstone Christian Academy during 2023 was $26,264. There are 72 employees and 40 volunteers at Collin County Cornerstone Christian Academy.


Here are 7 key members and their salaries:


Jeff Guleserian (Headmaster)
  • Compensation: $89,514
  • Related: $0
  • Other: $0
Tim Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Ryan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Diaz De Leon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Hagedorn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kitch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Collin County Cornerstone Christian Academy?

Collin County Cornerstone Christian Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Collin County Cornerstone Christian Academy

Collin County Cornerstone Christian Academy, a non-denominational institution, is dedicated to providing a learning environment for students from grades K through 12. The organization's mission is to foster education within this Christian setting, aiming to shape the minds of its students in a faith-based context. By operating a school that upholds these principles, Collin County Cornerstone Christian Academy seeks to provide a well-rounded educational experience that integrates spiritual growth with academic development.

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Impact




July, 2024

Collin County Cornerstone Christian Academy's impact is primarily seen in providing a Christian environment for learning to students in grades K through 12. By offering education within a non-denominational framework, the academy helps students develop both academically and spiritually. Through its mission of providing a nurturing educational environment rooted in Christian values, the academy plays a significant role in shaping the lives of its students and contributing positively to the community of McKinney, Texas.




This information is meant to be a general summary of Collin County 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.

Revenue
$4,133,431 (2023)
Expenses
$3,211,993 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,606
  • Program Service Revenue: $3,265,253
  • Gross Receipts: $4,208,548

Assets and Liabilities:

  • Total Assets: $4,488,094
  • Total Liabilities: $634,095
  • Net Assets: $3,853,999

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Programs

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

STUDENT ACTIVITIES

Revenue

$129,121

TUITION

Revenue

$3,136,132

Organization Details

Founding Year

2004

Principal Officer

Harry Ryan

Main Address

PO BOX 3143, MCKINNEY, TX, 75070

NTEE Category

Code: B20 - Education

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