THE CORNERSTONE CHRISTIAN ACADEMY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE CORNERSTONE CHRISTIAN ACADEMY (EIN 23-2499985)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-08-01
IRS object ID
202532139349300718
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-01T09:59:46-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN231144520PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TAIT WELLER & BAKER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1TWO LIBERTY PL 50 S 16TH ST STEAddressLine1Txt
Address Line22900AddressLine2Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191022529ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232499985EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORNERSTONE CHRISTIAN ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCORNBusinessNameControlTxt
Phone6105394136PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11939 S 58TH STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRANDON MCNEICEPersonNm
Person TitleHEAD OF SCHOOL AND CEOPersonTitleTxt
Phone6105394136PhoneNum
Signature2025-08-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRISON PEREIRAPreparerPersonNm
PTINP00746867PTIN
Phone2159798800PhoneNum
Preparation2025-07-24PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRANDON MCNEICEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11939 S 58TH STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19143ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,842,718GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CORNERSTONEPHILADELHIA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO EDUCATE CHILDREN INCLUDING THOSE FROM AT-RISK NEIGHBORHOODS, IN AN ENVIRONMENT THAT PROVIDES THE HIGHEST STANDARDS FOR ACADEMIC ACHIEVEMENT AND SPIRITUAL DEVELOPMENTActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee53TotalEmployeeCnt
Total Volunteers170TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,996,119PYContributionsGrantsAmt
CY Contributions Grants$1,807,060CYContributionsGrantsAmt
PY Program Service Revenue$1,621,072PYProgramServiceRevenueAmt
CY Program Service Revenue$1,611,653CYProgramServiceRevenueAmt
PY Investment Income$77,475PYInvestmentIncomeAmt
CY Investment Income$347,688CYInvestmentIncomeAmt
PY Other Revenue$24,393PYOtherRevenueAmt
CY Other Revenue$25,297CYOtherRevenueAmt
PY Total Revenue$4,719,059PYTotalRevenueAmt
CY Total Revenue$3,791,698CYTotalRevenueAmt
PY Grants And Similar Paid$1,180,430PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,222,791CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,175,506PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,197,639CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$473,254CYTotalFundraisingExpenseAmt
PY Other Expenses$1,133,695PYOtherExpensesAmt
CY Other Expenses$1,359,060CYOtherExpensesAmt
PY Total Expenses$4,489,631PYTotalExpensesAmt
CY Total Expenses$4,779,490CYTotalExpensesAmt
PY Revenues Less Expenses$229,428PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$987,792CYRevenuesLessExpensesAmt
Total Assets BOY$7,982,154TotalAssetsBOYAmt
Total Assets EOY$7,401,359TotalAssetsEOYAmt
Total Liabilities BOY$229,768TotalLiabilitiesBOYAmt
Total Liabilities EOY$329,766TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,752,386NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,071,593NetAssetsOrFundBalancesEOYAmt
MissionTO EDUCATE CHILDREN INCLUDING THOSE FROM AT-RISK NEIGHBORHOODS, IN AN ENVIRONMENT THAT PROVIDES THE HIGHEST STANDARDS FOR ACADEMIC ACHIEVEMENT AND SPIRITUAL DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,283,542ExpenseAmt
Grant$1,222,791GrantAmt
Revenue$1,611,653RevenueAmt
DescTO EDUCATE CHILDREN INCLUDING THOSE FROM AT-RISK NEIGHBORHOODS, IN AN ENVIRONMENT THAT PROVIDES THE HIGHEST STANDARDS FOR ACADEMIC ACHIEVEMENT AND SPIRITUAL DEVELOPMENT. PROVIDED OVER $1,222,000 OF FINANCIAL AID TO EDUCATIONAL NEEDS OF INNER CITY CHILDREN FROM LOW INCOME FAMILIES AT THE BEGINNING OF THE SCHOOL YEAR 2023/24, 155 STUDENTS HAVE BEEN ENROLLED.Desc
Total Program Service Expenses$3,283,542TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee53EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRANDON MCNEICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2157246858PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11939 S 58TH STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19143ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WAYNE GEISSER
CHAIRMAN6.00Yes (X)Yes (X)$0$0$0
LIBBY DALRYMPLE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
WILLIAM P SIMON JR
VICE CHAIR1.50Yes (X)Yes (X)$0$0$0
STACY NIEMKIEWICZ
TREASURER1.00Yes (X)Yes (X)$0$0$0
KEVIN BLACKNEY
BOARD MEMBER0.50Yes (X)$0$0$0
REV DR ANITA BELL
BOARD MEMBER0.50Yes (X)$0$0$0
RON BOND
BOARD MEMBER1.00Yes (X)$0$0$0
MARY CLAMPET
BOARD MEMBER0.50Yes (X)$0$0$0
JAMES J DOLENTE SR
BOARD MEMBER2.00Yes (X)$0$0$0
GREGORY ESTERHAI
BOARD MEMBER0.50Yes (X)$0$0$0
DAVID ISHMAEL
BOARD MEMBER0.50Yes (X)$0$0$0
KIMBERLY JONES
BOARD MEMBER0.50Yes (X)$0$0$0
WESLEY PROCTOR
BOARD MEMBER0.50Yes (X)$0$0$0
CASEY DUNN
BOARD MEMBER0.50Yes (X)$0$0$0
WARREN ENGLISH
BOARD MEMBER2.00Yes (X)$0$0$0
CHIP OLSON
BOARD MEMBER0.50Yes (X)$0$0$0
MYRA RUTLAND
BOARD MEMBER0.50Yes (X)$0$0$0
ANASTASIA AUSTIN
BOARD MEMBER0.50Yes (X)$0$0$0
KEN FRAZIER
BOARD MEMBER0.50Yes (X)$0$0$0
MARIO MARTINEZ
BOARD MEMBER0.50Yes (X)$0$0$0
RICHELL Y MANIGAULT
PRINCIPAL40.00Yes (X)$92,849$0$8,871
RICHARD R OLLINGER
INTERIM CEO TO 2/19/2440.00Yes (X)$70,833$0$185
BRANDON MCNEICE
CEO - STARTED 2/19/2440.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$163,682TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$9,056TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,807,060AllOtherContributionsAmt
Noncash Contributions$123,531NoncashContributionsAmt
Total Contributions$1,807,060TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611110$1,557,611$1,557,611
STUDENT TRIPS AND CAMP611110$54,042$54,042
FieldValueIRS element (for citing)
Total Program Service Revenue$1,611,653TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$159,641TotalRevenueColumnAmt
Exclusion$159,641ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,239,067SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,051,020SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$188,047SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$188,047TotalRevenueColumnAmt
Exclusion$188,047ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$25,297TotalRevenueColumnAmt
Exclusion$25,297ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$25,297OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,791,698TotalRevenueColumnAmt
Related Or Exempt Func Income$1,611,653RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$372,985ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,222,791TotalAmt
Program Services$1,222,791ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$240,240TotalAmt
Program Services$140,904ProgramServicesAmt
Management And General$83,490ManagementAndGeneralAmt
Fundraising$15,846FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,651,884TotalAmt
Program Services$968,854ProgramServicesAmt
Management And General$574,071ManagementAndGeneralAmt
Fundraising$108,959FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,203TotalAmt
Program Services$1,879ProgramServicesAmt
Management And General$1,113ManagementAndGeneralAmt
Fundraising$211FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$169,130TotalAmt
Program Services$99,197ProgramServicesAmt
Management And General$58,777ManagementAndGeneralAmt
Fundraising$11,156FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$133,182TotalAmt
Program Services$78,113ProgramServicesAmt
Management And General$46,284ManagementAndGeneralAmt
Fundraising$8,785FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$608TotalAmt
Management And General$608ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$72,040TotalAmt
Management And General$72,040ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$39,312TotalAmt
Management And General$39,312ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$293,586TotalAmt
Program Services$118,230ProgramServicesAmt
Management And General$17,910ManagementAndGeneralAmt
Fundraising$157,446FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$83,741TotalAmt
Program Services$41,870ProgramServicesAmt
Management And General$41,871ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$454,837TotalAmt
Program Services$434,837ProgramServicesAmt
Management And General$20,000ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$63,804TotalAmt
Program Services$31,902ProgramServicesAmt
Management And General$31,902ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,632TotalAmt
Program Services$35,316ProgramServicesAmt
Management And General$35,316ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
FUNDRAISING$170,851$170,851
STUDENT TRIPS$45,295$45,295
CLASSROOM AND LEARNING$43,594$43,594
OTHER PROGRAM EXPENSES$15,574$15,574

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,186TotalAmt
Program Services$5,186ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,779,490TotalAmt
Program Services$3,283,542ProgramServicesAmt
Management And General$1,022,694ManagementAndGeneralAmt
Fundraising$473,254FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$168,733BOYAmt
EOY$273,877EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$948,747BOYAmt
EOY$274,320EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,810,238BOYAmt
EOY$830,104EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,600EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,560BOYAmt
EOY$18,454EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,864,237LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,301,050LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$508,357BOYAmt
EOY$563,187EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,537,519BOYAmt
EOY$5,347,442EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$90,375EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,982,154BOYAmt
EOY$7,401,359EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$229,768BOYAmt
EOY$242,237EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$85,529EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$229,768BOYAmt
EOY$329,766EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,255,096BOYAmt
EOY$1,320,503EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,497,290BOYAmt
EOY$5,751,090EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,752,386BOYAmt
EOY$7,071,593EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,982,154BOYAmt
EOY$7,401,359EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$987,792ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$284,139NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$22,860PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$958,516BeginningYearBalanceAmt
Investment Earnings Or Losses$119,794InvestmentEarningsOrLossesAmt
End Year Balance$1,078,310EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$846,037BeginningYearBalanceAmt
Investment Earnings Or Losses$112,479InvestmentEarningsOrLossesAmt
End Year Balance$958,516EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,020,678BeginningYearBalanceAmt
Investment Earnings Or Losses-$174,641InvestmentEarningsOrLossesAmt
End Year Balance$846,037EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$778,038BeginningYearBalanceAmt
Investment Earnings Or Losses$242,640InvestmentEarningsOrLossesAmt
End Year Balance$1,020,678EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$810,888BeginningYearBalanceAmt
Investment Earnings Or Losses-$2,850InvestmentEarningsOrLossesAmt
Administrative Expenses$30,000AdministrativeExpensesAmt
End Year Balance$778,038EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,875OtherCostOrOtherBasisAmt
Book Value$16,875BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$574,121OtherCostOrOtherBasisAmt
Depreciation$399,195DepreciationAmt
Book Value$174,926BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$883,364OtherCostOrOtherBasisAmt
Depreciation$604,257DepreciationAmt
Book Value$279,107BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$389,877OtherCostOrOtherBasisAmt
Depreciation$297,598DepreciationAmt
Book Value$92,279BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$563,187TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE RIGHT-OF-USE LIABILITYDesc
Amt$85,529Amt
FieldValueIRS element (for citing)
Total Liability$85,529TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,813,734TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$284,139NetUnrealizedGainsInvstAmt
Revenue Not Reported$284,139RevenueNotReportedAmt
Revenue Subtotal$2,529,595RevenueSubtotalAmt
Investment Expenses Not Incld$39,312InvestmentExpensesNotIncldAmt
Other Revenues Not Included$1,222,791OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,262,103RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,791,698TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,517,387TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,517,387ExpensesSubtotalAmt
Investment Expenses Not Incld2$39,312InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1,222,791OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,262,103ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,779,490TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:BENEFICIAL INTEREST IN ENDOWMENT FUND: THE INCOME AND/OR GAIN EARNED BY THE ENDOWMENT FUND IS CONSIDERED UNRESTRICTED REVENUE AND MAY BE DISTRIBUTED TO CCA AS GENERAL SUPPORT REVENUE FOR ITS PROGRAMS ON AT LEAST AN ANNUAL BASIS. THE FINANCE COMMITTEE OF THE BOARD SHALL RECOMMEND TO THE BOARD AN AMOUNT TO BE TRANSFERRED FROM THE UNRESTRICTED INCOME AND/OR GAIN OF THE ENDOWMENT FUND TO THE GENERAL OPERATING FUND. AT NO TIME SHALL THE PERMANENTLY-RESTRICTED ORIGINAL CONTRIBUTIONS TO THE ENDOWMENT FUND BE USED. AS A MATTER OF PRUDENCE, THE SPENDING RATE SHALL NOT EXCEED 4% OF THE FISCAL YEAR-END BALANCE OF THE FUND.
PART X, LINE 2:THE ACADEMY REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN PREVIOUSLY FILED INFORMATION RETURNS AND AS REFLECTED IN ITS FINANCIAL STATEMENTS, WITH REGARD TO ISSUES AFFECTING ITS TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME, AND RELATED MATTERS. THE ACADEMY BELIEVES THAT IN THE EVENT OF AN EXAMINATION BY TAXING AUTHORITIES, THE ACADEMY'S POSITIONS WOULD PREVAIL BASED UPON THE TECHNICAL MERITS OF SUCH POSITIONS. THEREFORE, THE ACADEMY HAS CONCLUDED THAT NO TAX BENEFITS OR LIABLITIES ARE REQUIRED TO BE RECOGNIZED IN ACCORDANCE WITH THE ACCOUNTING INTERPRETATION. THE ACADEMY'S FEDERAL INFORMATION RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS, INCLUDING THE FISCAL YEARS ENDED JUNE 30, 2021, 2022, 2023, AS WELL AS THE RETURN TO BE FILED FOR THE FISCAL YEAR ENDED JUNE 30, 2024.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID 1,222,791.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID 1,222,791.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE PURPOSE OF THE SCHOOL IS TO EDUCATE CHILDREN INCLUDING THOSE FROM AT-RISK NEIGHBORHOODS, IN AN ENVIRONMENT THAT PROVIDES THE HIGHEST STANDARDS FOR ACADEMIC ACHIEVEMENT AND SPIRITUAL DEVELOPMENT.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient155RecipientCnt
Cash Grant$1,222,791CashGrantAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution8ContributionCnt
Noncash Contributions Rpt F990$123,531NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE COMPLETED FORM 990 AND RELATED SCHEDULES IS REVIEWED BY THE TREASURER. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FINAL COPY OF THE IRS FORM 990 AND RELATED SCHEDULES AND THE FINAL COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH EMPLOYEES AND BOARD MEMBERS. NEW BOARD MEMBERS ARE INFORMED OF THE POLICY WHEN THEY JOIN THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION IS REVIEWED ANNUALLY BY THE FULL BOARD OF TRUSTEES. THE BOARD USES COMPARABILITY DATA FROM THE "EVANGELICAL COUNCIL OF FINANCIAL ACCOUNTABILITY", THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI), AND THE PHILADELPHIA ASSOCIATION OF INDEPENDENT SCHOOL BUSINESS OFFICERS (PAISBOA).
FORM 990, PART VI, SECTION C, LINE 19UPON WRITTEN REQUEST. THEY MAY ALSO VIEW THE DOCUMENTS IN THE OFFICE OF MANAGEMENT.

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