Overview
What is Cornerstone Classical Academy Inc?
Cornerstone Classical Academy Inc is a nonprofit organization located in Jacksonville, Florida, specifically at 2360 St. Johns Bluff Road S. Their primary mission is to operate a public charter school within Duval County, Florida. With a team of 66 dedicated individuals, they strive to provide quality education to their students, contributing positively to the local educational landscape.
Official website here: www.cornerstoneclassicalacademy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Cornerstone Classical Academy Inc has received a Three-Star rating from Charity Navigator, with a focus on Accountability & Finance. The organization demonstrates strong governance with an entirely independent board, a comprehensive audit and oversight committee, and a solid conflict of interest policy. Additionally, it maintains a high program expense ratio, indicating that a significant portion of its resources is dedicated to its mission.
However, there are some areas for improvement. The charity's whistleblower policy is missing, which could raise concerns about transparency and accountability. Moreover, the liabilities to assets ratio indicates a potential risk, as it stands at 100.34%, suggesting that the organization may have more liabilities than assets.
Overall, while Cornerstone Classical Academy Inc shows commitment to financial accountability and effective governance, addressing the noted limitations could further enhance its operational effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Classical Academy Inc legitimate?
Cornerstone Classical Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Classical Academy 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.
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Professional Fundraising Fees: $0
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Official website here: www.cornerstoneclassicalacademy.org/
What is the mission statement of Cornerstone Classical Academy Inc?
Cornerstone Classical Academy Inc's mission is centered around operating a public charter school. This mission is aimed at providing educational services within Duval County, Florida. The primary focus of the academy is to operate as a public charter school, offering educational opportunities to its students. The academy does not specify any particular educational approach or philosophy in its mission statement. However, as a public charter school, it is expected to adhere to the standards and guidelines set by the state and local education authorities, while providing a unique and innovative educational experience to its students.
Official website here: www.cornerstoneclassicalacademy.org/
Who is the CEO of Cornerstone Classical Academy Inc?
Lindsay Hoyt is the Board President of Cornerstone Classical Academy Inc.
Official website here: www.cornerstoneclassicalacademy.org/
What is the revenue of Cornerstone Classical Academy Inc?
Cornerstone Classical Academy Inc's revenue in 2022 was $6,568,170.
Official website here: www.cornerstoneclassicalacademy.org/
Who are the executives of Cornerstone Classical Academy Inc and what are their salaries?
There are 66 employees and 10 volunteers at Cornerstone Classical Academy Inc.
Here are 6 key members and their salaries:
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Official website here: www.cornerstoneclassicalacademy.org/
Where can I find the form 990 for Cornerstone Classical Academy Inc?
Cornerstone Classical Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cornerstoneclassicalacademy.org/
Learn more at the official website: www.cornerstoneclassicalacademy.org/
Mission Statement of Cornerstone Classical Academy Inc
Cornerstone Classical Academy Inc, as stated in its mission, is dedicated to operating a public charter school within Duval County, Florida. The organization's primary objective is to provide a learning environment that caters to the educational needs of its students, adhering to the principles of a public charter school. This mission underscores Cornerstone Classical Academy Inc's commitment to delivering quality education within the Duval County community.
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Impact
July, 2024
Cornerstone Classical Academy Inc's impact focuses on providing high-quality education to students in Duval County, Florida through its operation of a public charter school. By offering a rigorous academic curriculum and innovative teaching methods, Cornerstone Classical Academy Inc aims to prepare students for success in their academic endeavors and future careers. The organization's commitment to education contributes to the overall improvement of the educational landscape in the community, ensuring that students have access to the resources and opportunities needed to thrive.
This information is meant to be a general summary of Cornerstone Classical Academy 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: $5,966,911
- Gross Receipts: $6,575,410
Assets and Liabilities:
- Total Assets: $16,238,151
- Total Liabilities: $17,214,239
- Net Assets: -$976,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FTE - PER STUDENT FUNDING
Revenue
$5,046,790
FEDERAL FUNDING
Revenue
$690,199
BEFORE/AFTERCARE
Revenue
$229,922
Organization Details
Founding Year
2019
Phone
(904) 481-8163Principal Officer
Lindsay Hoyt
Main Address
2360 ST JOHNS BLUFF RD S, JACKSONVILLE, FL, 32246
NTEE Category
Code: B29 - Education
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