Cornerstone Preparatory School Inc

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

EIN: 841843718 ✦ Madisonville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Cornerstone Preparatory School Inc?

Cornerstone Preparatory School Inc, established in May 2019, is a nonprofit educational institution located in Madisonville, Kentucky. With a focus on fully-accredited education, the school serves students from kindergarten to 12th grade. Its unique selling point is its Biblical worldview, integrating spiritual values into the learning experience to prepare students for their future in college, careers, and life. The school aims to foster excellence in its students, equipping them with the necessary skills to succeed in their chosen paths and contribute positively to their community, as reflected in its hopeful mission statement. The institution currently employs 18 individuals.


Official website here: www.cornerstone-prep.com

Is Cornerstone Preparatory School Inc legitimate?

Cornerstone Preparatory School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Preparatory 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,583

For more financial information, click here


Official website here: www.cornerstone-prep.com

What is the mission statement of Cornerstone Preparatory School Inc?

Cornerstone Preparatory School Inc's mission is centered around providing a distinctly different education for students from kindergarten to 12th grade. This education is delivered through a Biblical worldview, aiming to prepare students for both higher education and their future careers. The school's ultimate goal is to develop in its students exemplary strengths, equipping them to succeed in their chosen paths and contribute positively to their communities. The fully-accredited curriculum offered at Cornerstone Prep is designed to prepare students holistically for life, fostering their academic, personal, and spiritual growth.


Official website here: www.cornerstone-prep.com

Who is the CEO of Cornerstone Preparatory School Inc?

Aimee Laffoon is the President of Cornerstone Preparatory School Inc.


Official website here: www.cornerstone-prep.com

What is the revenue of Cornerstone Preparatory School Inc?

Cornerstone Preparatory School Inc's revenue in 2022 was $450,964.


Official website here: www.cornerstone-prep.com

Who are the executives of Cornerstone Preparatory School Inc and what are their salaries?

The average compensation at Cornerstone Preparatory School Inc during 2022 was $17,866. There are 18 employees and 6 volunteers at Cornerstone Preparatory School Inc.


Here are 6 key members and their salaries:


Aimee Laffoon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Knight (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Morgan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Nance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cornerstone-prep.com

Where can I find the form 990 for Cornerstone Preparatory School Inc?

Cornerstone Preparatory School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cornerstone-prep.com

Learn more at the official website: www.cornerstone-prep.com

Mission Statement of Cornerstone Preparatory School Inc

Cornerstone Preparatory School Inc is committed to providing a unique educational experience for students from kindergarten through 12th grade. This fully-accredited institution approaches education through the lens of a Biblical worldview, aiming to prepare its students for success in college, careers, and life. The school's ultimate goal is to foster in its graduates exemplary strengths that will enable them to thrive in whatever path they choose, and contribute positively to their community.

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Impact




October, 2024

Cornerstone Preparatory School Inc has made a significant impact on the educational landscape for students from kindergarten through 12th grade. By providing a fully-accredited curriculum through the lens of a Biblical worldview, the school prepares students not only for academic success but also for their future personal and professional lives.

Since its inception in May 2019, Cornerstone Prep has focused on developing exemplary strengths in its students, equipping them with the skills and values necessary to navigate the complexities of college, career, and life. The holistic approach to education fosters critical thinking, moral integrity, and a sense of community involvement, ensuring that graduates are well-prepared to contribute positively to society.

Moreover, the school’s emphasis on a distinctly different educational experience allows students to explore their potential within a supportive environment, encouraging them to pursue their unique paths with confidence. As a result, Cornerstone Prep plays a vital role in shaping the future leaders of Madisonville and beyond, promoting not only academic excellence but also character development and community engagement.




This information is meant to be a general summary of Cornerstone Preparatory 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.

Revenue
$450,964 (2022)
Expenses
$442,348 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $238,506
  • Gross Receipts: $450,964

Assets and Liabilities:

  • Total Assets: $53,277
  • Total Liabilities: $2,956
  • Net Assets: $50,321

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Programs

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

Student fees

Revenue

$8,083

Tuition

Revenue

$230,423

Organization Details

Founding Year

2019

Principal Officer

Aimee Laffoon

Main Address

145 East Center St, Madisonville, KY, 42431

NTEE Category

Code: B20 - Education

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