2018-02-06T12:21:23-08:00 2017-07-31 ANDERSON DAVIS & ASSOCIATES CPA PA 1406 B SOUTH CRAIN HWY STE 204 GLEN BURNIE MD 210614099 990 2016-08-01 522084049 CORNERSTONE SCHOOLS OF WASHINGTON DC INC CORN 2025750027 3742 ELY PLACE SE WASHINGTON DC 20019 LAURA COOPER PRESIDENT 2025750027 2018-02-06 true BENJAMIN M YUST CPA 4107662645 23.31.220.138 2018-02-06 12:21:14 PS P CBF7267F770DD586276E8A025BDD638E248ECBB2 85BD2DFCACF5FC08A124EC50AFB4A8ADD6C0A2D7 2016 2021-01-29 14:40:06Z LAURA COOPER 3742 ELY PLACE SE WASHINGTON DC 20019 1788710 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 VALUES NECESSARY TO BECOME LEADERS WHO SERVE OTHERS IN LIGHT OF CHRIST AND HIS TRUTH. 9 9 43 110 0 886889 815574 702098 844293 104 111384 113067 1700371 1773038 0 0 970088 1115138 0 59700 527153 565481 1497241 1680619 203130 92419 389485 416703 234290 169089 155195 247614 THROUGH A PARTNERSHIP OF FAMILY, SCHOOL AND false false 1479802 844293 THE SCHOOL PROVIDES AN OPPORTUNITY FOR CHRISTIAN EDUCATION FOR LOW-INCOME CHILDREN. DURING THE CURRENT YEAR THE SCHOOL HAD 128 STUDENTS FROM THE METRO AREA. 1479802 true true false false false false false false false false true false false true false true true false true false false false false false true false false false false false false false false false false false true false false true false false false false false false false true 3 0 43 true false false false false false true true false false false false X 9 9 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 BRANDI LAPERRIERE VICE PRESIDENT/PART-YEAR 5.00 X X 0 0 0 ALEX COOKE TREASURER 5.00 X X 0 0 0 JEFF WOOD SECRETARY 5.00 X X 0 0 0 NANCY RUIZ DIRECTOR 3.00 X 0 0 0 HORACE LAMB DIRECTOR 3.00 X 0 0 0 ROD DURHAM DIRECTOR 3.00 X 0 0 0 RACHEL HOOKER 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 DERRICK MAX EXECUTIVE DIRECTOR 40.00 X 91333 0 25068 91333 25068 0 false false false 0 106638 708936 20304 815574 TUITION 611110 844293 844293 104 104 8739 106638 15672 -6933 -6933 UNPAID RENT FORGIVENESS 900099 120000 120000 120000 1773038 964293 -6829 119039 102373 11904 4762 853700 732955 85974 34771 54690 46930 5520 2240 87709 75316 8827 3566 19223 0 18742 481 17132 11650 4283 1199 382468 377687 3825 956 22444 22164 224 56 INSTRUCTIONAL MATERIALS 61622 61622 0 0 REPAIRS AND MAINTENANCE 23166 22876 232 58 COPIER LEASE 13791 11860 1586 345 FUNDRAISING EXPENSE 11266 0 0 11266 14369 14369 0 0 1680619 1479802 141117 59700 294845 300819 6340 24095 3489 40821 40821 9900 9900 78400 78400 389485 416703 234290 169089 234290 169089 X 155195 247614 155195 247614 389485 416703 92419 X false true X true false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36821 36821 4000 4000 SECURITY DEPOSIT - ELY STREET 78400 78400 X 1788711 1788711 -15673 -15673 1773038 1696292 15673 15673 1680619 1680619 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. FISCAL YEARS ENDING ON OR AFTER JULY 31, 2013 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND DISTRICT AUTHORITIES. Pt XI, Line 4b DIRECT EXPENSES FROM FUNDRAISING EVENTS SHOWN ON PART VIII, LINE 8B ON 990. Pt XII, Line 2d DIRECT EXPENSES FROM FUNDRAISING EVENTS SHOWN ON PART VIII, LINE 8B ON 990. 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. GOLF TOURNAMENT 23264 18514 4750 7821 269 SPRING AUCTION 92113 88124 3989 7166 416 115377 106638 8739 7821 7166 685 15672 -6933 VIRGINIA MAX SPOUSE OF D. MARX, EXECUTIVE DIR. 38836 EMPLOYMENT false X 3 525 SELLING PRICE AT AUCTION X 2 19779 QUOTED PRICES 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. Form 990, Part IX, Line 24e AFTER SCHOOL SPORTS 5364. 5364. 0. 0. Form 990, Part IX, Line 24e BAD DEBT EXPENSE 9005. 9005. 0. 0.