2021-03-30T07:24:34-07:00 2020-07-31 ANDERSON DAVIS & ASSOCIATES CPA PA 1406 B SOUTH CRAIN HWY STE 204 GLEN BURNIE MD 21061 990 2019-08-01 522084049 CORNERSTONE SCHOOLS OF WASHINGTON DC INC CORN 2025750027 3742 ELY PLACE SE WASHINGTON DC 20019 JEFF WOOD PRESIDENT 2025750027 2021-03-30 true BENJAMIN M YUST CPA P00847883 4107662645 2019 2022-09-23 18:48:47Z JEFF WOOD 3742 ELY PLACE SE WASHINGTON DC 20019 2374120 false X WWW.CORNERSTONE-SCHOOLS.ORG X 1997 DC THROUGH A PARTNERSHIP OF FAMILY, SCHOOL AND COMMUNITY, CORNERSTONE PROVIDES A CHRIST-CENTERED, NUTURING, AND ACADEMICALLY RIGOROUS EDUCATION TO THE CHILDREN OF WASHINGTON DC, EQUIPPING THEM WITH THE KNOWLEDGE, SKILLS AND 10 10 66 101 0 0 993246 853711 1200361 1426385 2393 5761 0 2196000 2285857 0 0 1402859 1616529 0 103221 815923 794144 2218782 2410673 -22782 -124816 926619 1097169 118494 413860 808125 683309 THROUGH A PARTNERSHIP OF FAMILY, SCHOOL AND COMMUNITY, CORNERSTONE PROVIDES A CHRIST-CENTERED, NUTURING, AND ACADEMICALLY RIGOROUS EDUCATION TO THE CHILDREN OF WASHINGTON DC, EQUIPPING THEM WITH THE KNOWLEDGE, SKILLS AND false false 2095245 0 1426385 THE SCHOOL PROVIDES AN OPPORTUNITY FOR CHRISTIAN EDUCATION FOR LOW-INCOME CHILDREN. DURING THE CURRENT YEAR THE SCHOOL HAD 165 STUDENTS FROM THE METRO AREA. 2095245 true true false false false false false false false false true false false true false true true false true false false false false false false false false false false false false false false false false false true false true false false false false false false false false true 1 0 66 true false false false false false true true false false false false X 10 10 false false false false false false false true false false false true true true true true false false false false X X MARITZA WHITE 2025750027 3742 ELY PLACE SE WASHINGTON DC 20019 LAURA COOPER PRESIDENT 5.00 X X 0 0 0 DAN SMITH TREASURER 5.00 X X 0 0 0 JEFF WOOD VICE PRESIDENT 5.00 X X 0 0 0 ANNA WISHARD DIRECTOR 3.00 X 0 0 0 RODNEY DURHAM SECRETARY 3.00 X 0 0 0 ED FRANCESKI DIRECTOR 3.00 X 0 0 0 STERLING MEHRING DIRECTOR 3.00 X 0 0 0 RICKEY BOLDEN DIRECTOR 3.00 X 0 0 0 RACHEL HOOKER DIRECTOR 3.00 X 0 0 0 NANCY RUIZ DIRECTOR 3.00 X 0 0 0 CHRYSTAL JONES DIRECTOR 3.00 X 0 0 0 MICHELLE HODGE DIRECTOR 3.00 X 0 0 0 DERRICK MAX EXECUTIVE DIRECTOR 40.00 X 111875 0 33655 111875 0 33655 1 false false false 0 853711 88263 853711 TUITION 611110 1426385 0 0 1426385 6724 0 6724 87300 88263 -963 -963 0 0 -963 2285857 1426385 0 5761 150789 75395 52776 22618 1226661 1094516 94824 37321 29300 26294 2160 846 91543 67194 11777 12572 118236 101530 11899 4807 20479 0 19967 512 48043 32669 12011 3363 443860 438312 4438 1110 11170 11030 112 28 21132 20868 211 53 INSTRUCTIONAL MATERIALS 149292 149292 0 0 REPAIRS AND MAINTENANCE 44401 43846 444 111 FUNDRAISING EXPENSE 19535 0 0 19535 AFTER SCHOOL SPORTS 15371 15371 0 0 20861 18928 1588 345 2410673 2095245 212207 103221 4077 701669 732139 36169 33842 1326 16094 22443 49090 219164 45537 76712 173627 9900 9900 78400 78400 926619 1097169 118494 102475 311385 118494 413860 X 769706 633809 38419 49500 808125 683309 926619 1097169 -124816 X false true X true false X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 155480 5314 150166 35974 23578 12396 27710 16645 11065 173627 SECURITY DEPOSIT - ELY STREET 78400 78400 X 2285857 2285857 2285857 2410673 2410673 2410673 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 SCHOOL'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. IN GENERAL, THE SCHOOL'S RETURNS REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND DISTRICT AUTHORITIES FOR THREE YEARS. true true false true true true true false false false false false false false false false false true Line 3 THE SCHOOL HAS AN ALMOST ENTIRELY MINORITY STUDENT BODY AND THE MAJORITY OF THE STAFF ARE MINORITIES. THE SCHOOL HAS NO PAID ADVERTISING AND MOST OF THE STUDENT RECRUITMENT IS THROUGH WORD OF MOUTH (PARENT TO PARENT). A NON-DISCRIMINATION PARAGRAPH IS INCLUDED IN THE PARENT HANDBOOK. VIRGINIA MAX SPOUSE OF D. MAX, EXECUTIVE DIR. 79233 EMPLOYMENT AS DIR. OF EDUCATION false X 3 88263 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 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.