2025-05-13T08:18:30-07:00 2024-06-30 521861549 ANDERSON DAVIS & ASSOCIATES CPA PA 1406 B SOUTH CRAIN HWY 204 GLEN BURNIE MD 21061 990 2023-07-01 522084049 CORNERSTONE SCHOOLS OF WASHINGTON DC INC CORN 2025750027 3742 ELY PLACE SE WASHINGTON DC 20019 JEFF WOOD PRESIDENT 2025750027 2025-05-13 true true BENJAMIN M YUST CPA P00847883 4107662645 2025-05-13 2023 2025-03-06 01:10:19Z JEFF WOOD 3742 ELY PLACE SE WASHINGTON DC 20019 3190421 false X WWW.CORNERSTONE-SCHOOLS.ORG X 1997 DC THROUGH A PARTNERSHIP OF FAMILY, SCHOOL AND COMMUNITY, CORNERSTONE PROVIDES A CHRIST-CENTERED, NURTURING, AND ACADEMICALLY ROBUST EDUCATION FORMING THE CHILDREN OF WASHINGTON DC, IN THE HABITS (CONTINUED ON SCHEDULE O) 11 11 59 100 0 0 1499781 1685372 1610520 1477602 -289 332 1199 -4484 3111211 3158822 0 0 2322446 2418203 0 149689 1046988 1045609 3369434 3463812 -258223 -304990 2729141 2152922 2338926 2067697 390215 85225 THROUGH A PARTNERSHIP OF FAMILY, SCHOOL AND COMMUNITY, CORNERSTONE PROVIDES CHRIST-CENTERED, NURTURING, AND ACADEMICALLY ROBUST EDUCATION FORMING THE CHILDREN OF WASHINGTON D.C. IN THE HABITS (CONTINUED ON SCHEDULE O) false false 2973918 0 1477602 THE SCHOOL PROVIDES AN OPPORTUNITY FOR CHRISTIAN EDUCATION FOR LOW-INCOME CHILDREN. DURING THE CURRENT YEAR THE SCHOOL HAD 180 STUDENTS FROM THE WASHINGTON D.C. METRO AREA. 2973918 true true false false false false false false false false true false false true true true true false true false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 0 0 59 true false false false false false false false false false false false false X 11 11 false false false false false false false true false false false true true true true true true true false false X MARGARET ARNOULT 2025750027 3742 ELY PLACE SE WASHINGTON DC 20019 DEAN LUCKENBAUGH EXECUTIVE DIRECTOR 40.00 X 154008 0 41778 JEFF WOOD PRESIDENT 5.00 X X 0 0 0 RICKEY BOLDEN VICE PRESIDENT 5.00 X X 0 0 0 DAN SMITH TREASURER 5.00 X X 0 0 0 BRETT BLOOM SECRETARY 5.00 X X 0 0 0 ED FRANCESKI DIRECTOR 3.00 X 0 0 0 MICHELLE HODGE DIRECTOR 3.00 X 0 0 0 CHRYSTAL JONES DIRECTOR 3.00 X 0 0 0 STERLING MEHRING DIRECTOR 3.00 X 0 0 0 ANNA WISHARD DIRECTOR 3.00 X 0 0 0 SEAN CLARK DIRECTOR 3.00 X 0 0 0 ROD DURHAM DIRECTOR 3.00 X 0 0 0 154008 0 41778 1 false true false 0 7120 1678252 66606 1685372 TUITION 611110 1477602 0 0 1477602 332 0 332 22755 7120 31599 -8844 0 -8844 OTHER INCOME 900099 4360 4360 0 0 4360 3158822 1481962 0 -8512 198940 99470 69629 29841 1903547 1689827 153166 60554 26664 13332 9332 4000 124960 103278 15177 6505 164092 140906 16514 6672 24645 0 24029 616 75861 51586 18964 5311 462872 457086 4629 1157 5724 5724 0 0 45611 45041 456 114 21030 20767 210 53 INSTRUCTIONAL MATERIALS 217273 217273 0 0 REPAIRS AND MAINTENANCE 106838 105503 1068 267 FUNDRAISING EXPENSE 34185 0 0 34185 COPIER LEASE 16565 14246 1905 414 35005 9879 25126 0 3463812 2973918 340205 149689 261865 109037 35000 0 8045 4813 1600 0 467262 154301 336530 312961 9900 0 2076201 1726111 2729141 2152922 257636 345776 64966 53652 2016324 1668269 2338926 2067697 X 270270 35714 119945 49511 390215 85225 2729141 2152922 -304990 X false true X true false X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 311781 75853 235928 16377 15463 914 139104 62985 76119 312961 SECURITY DEPOSIT - ELY STREET 78400 EMPLOYEE ADVANCES 0 RIGHT-OF-USE ASSETS 1647711 1726111 OPERATING LEASE 1668269 1668269 X 3190421 31599 31599 3158822 3158822 3485511 31599 31599 3453912 9900 9900 3463812 Pt X, Line 2 THE SCHOOL IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION. THEREFORE, CONTRIBUTIONS TO THE SCHOOL ARE TAX DEDUCTIBLE UNDER SECTION 170 OF THE INTERNAL REVENUE CODE. THE SCHOOL FOLLOWS THE GUIDANCE OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMNT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN THE IRC SEC. 501(c) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER WASHINGTON, D.C. STATUTE. THE SCHOOL DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOLS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. IN GENERAL, THE SCHOOLS RETURNS REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND DISTRICT AUTHORITIES FOR THREE YEARS. Pt XI, Line 2d FUNDRAISING EXPENSES NETTED WITH REVENUE $31,599. Pt XII, Line 2d FUNDRAISING EXPENSES NETTED WITH REVENUE $31,599. Pt XII, Line 4b IMPAIRMENT LOSS $9,900. true true true true true true true false false false false false false false false false false true Line 3 THE SCHOOLS NONDISCRIMINATION POLICY IS PUBLISHED ON ITS WEBSITE. www.cornerstone-schools.org/apply 25TH ANIVERSARY CELBRATION 29875 7120 22755 550 23811 7238 NONE 29875 7120 22755 550 23811 7238 31599 -8844 false false false false false false false false false DEAN LUCKENBAUGH 154008 0 0 0 0 0 4620 0 37158 0 195786 0 0 0 X 2 66606 PUBLISHED SHARE PRICE false true true Pt I Line 32b AN INVESTMENT BROKER IS USED TO SELL DONATED STOCK. Pt VI, Line 8b THE SCHOOL HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Pt VI, Line 11b THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND THE FULL BOARD APPROVES IT BEFORE FILING. Pt VI, Line 12c THE ORGANIZATION REGULARLY REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT BOARD MEETINGS. Pt VI, Line 15a THE BOARD OF DIRECTORS REVIEWS COMPARABLE SALARY INFORMATION WHEN DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR. Pt VI, Line 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Other PARTS I and III, LINE 1 - MISSION CONTINUED - OF FAITH, LOVE, AND LEARNING ESSENTIALS TO BECOMING WISE, COMPASSIONATE, AND VIRTUOUS LEADERS WHO SERVE OTHERS IN LIGHT OF CHRIST AND HIS TRUTH.