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CORNERSTONE SCHOOLS OF WASHINGTON DC INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CORNERSTONE SCHOOLS OF WASHINGTON DC INC (EIN 52-2084049)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-25
IRS object ID
202503299349300320
Schema version
2024v5.2
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)
Return2025-11-25T07:43:25-08:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521861549PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANDERSON DAVIS & ASSOCIATES CPA PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11406 B SOUTH CRAIN HWY 204AddressLine1Txt
CityGLEN BURNIECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21061ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522084049EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORNERSTONE SCHOOLS OF WASHINGTON DC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCORNBusinessNameControlTxt
Phone2025750027PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13742 ELY PLACE SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF WOODPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2025750027PhoneNum
Signature2025-11-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN M YUST CPAPreparerPersonNm
PTINP00847883PTIN
Phone4107662645PhoneNum
Preparation2025-11-25PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFF WOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13742 ELY PLACE SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20019ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,772,545GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CORNERSTONE-SCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHROUGH 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)ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee54TotalEmployeeCnt
Total Volunteers120TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,685,372PYContributionsGrantsAmt
CY Contributions Grants$2,139,765CYContributionsGrantsAmt
PY Program Service Revenue$1,477,602PYProgramServiceRevenueAmt
CY Program Service Revenue$1,382,081CYProgramServiceRevenueAmt
PY Investment Income$332PYInvestmentIncomeAmt
CY Investment Income$128,304CYInvestmentIncomeAmt
PY Other Revenue-$4,484PYOtherRevenueAmt
CY Other Revenue$2,154CYOtherRevenueAmt
PY Total Revenue$3,158,822PYTotalRevenueAmt
CY Total Revenue$3,652,304CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,418,203PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,313,596CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$241,852CYTotalFundraisingExpenseAmt
PY Other Expenses$1,045,609PYOtherExpensesAmt
CY Other Expenses$962,427CYOtherExpensesAmt
PY Total Expenses$3,463,812PYTotalExpensesAmt
CY Total Expenses$3,276,023CYTotalExpensesAmt
PY Revenues Less Expenses-$304,990PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$376,281CYRevenuesLessExpensesAmt
Total Assets BOY$2,152,922TotalAssetsBOYAmt
Total Assets EOY$2,120,281TotalAssetsEOYAmt
Total Liabilities BOY$2,067,697TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,658,775TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$85,225NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$461,506NetAssetsOrFundBalancesEOYAmt
MissionTHROUGH 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)MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,807,865ExpenseAmt
Grant$0GrantAmt
Revenue$1,382,081RevenueAmt
DescTHE SCHOOL PROVIDES AN OPPORTUNITY FOR CHRISTIAN EDUCATION FOR LOW-INCOME CHILDREN. DURING THE CURRENT YEAR THE SCHOOL HAD 149 STUDENTS FROM THE WASHINGTON D.C. METRO AREA.Desc
Total Program Service Expenses$2,807,865TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee54EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARGARET ARNOULTPersonNm
Phone2025750027PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13742 ELY PLACE SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20019ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DEAN LUCKENBAUGH
EXECUTIVE DIRECTOR40.00Yes (X)$149,780$0$46,635
JEFF WOOD
PRESIDENT5.00Yes (X)$0$0$0Yes (X)
RICKEY BOLDEN
VICE PRESIDENT5.00Yes (X)$0$0$0Yes (X)
DAN SMITH
TREASURER5.00Yes (X)$0$0$0Yes (X)
BRETT BLOOM
SECRETARY5.00Yes (X)$0$0$0Yes (X)
ED FRANCESKI
DIRECTOR3.00$0$0$0Yes (X)
MICHELLE HODGE
DIRECTOR3.00$0$0$0Yes (X)
CHRYSTAL JONES
DIRECTOR3.00$0$0$0Yes (X)
STERLING MEHRING
DIRECTOR3.00$0$0$0Yes (X)
ANNA WISHARD
DIRECTOR3.00$0$0$0Yes (X)
SEAN CLARK
DIRECTOR3.00$0$0$0Yes (X)
ROD DURHAM
DIRECTOR3.00$0$0$0Yes (X)
KATE CAVIN
DIRECTOR3.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$149,780TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$46,635TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$457,630GovernmentGrantsAmt
All Other Contributions$1,682,135AllOtherContributionsAmt
Noncash Contributions$120,241NoncashContributionsAmt
Total Contributions$2,139,765TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITIONDesc
Business611110BusinessCd
Total Revenue Column$1,382,081TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,382,081TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$128,310TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$128,310ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$120,235SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$120,241SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$6SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$6TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$6ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$2,154TotalRevenueColumnAmt
Related Or Exempt Func Income$2,154RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,154OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,652,304TotalRevenueColumnAmt
Related Or Exempt Func Income$1,384,235RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$128,304ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$199,916TotalAmt
Program Services$166,438ProgramServicesAmt
Management And General$15,074ManagementAndGeneralAmt
Fundraising$18,404FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,750,894TotalAmt
Program Services$1,457,692ProgramServicesAmt
Management And General$132,018ManagementAndGeneralAmt
Fundraising$161,184FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$27,047TotalAmt
Program Services$22,518ProgramServicesAmt
Management And General$2,039ManagementAndGeneralAmt
Fundraising$2,490FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$170,677TotalAmt
Program Services$142,096ProgramServicesAmt
Management And General$12,869ManagementAndGeneralAmt
Fundraising$15,712FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$165,062TotalAmt
Program Services$137,421ProgramServicesAmt
Management And General$12,446ManagementAndGeneralAmt
Fundraising$15,195FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,946TotalAmt
Program Services$0ProgramServicesAmt
Management And General$22,372ManagementAndGeneralAmt
Fundraising$574FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$61,170TotalAmt
Program Services$41,595ProgramServicesAmt
Management And General$15,293ManagementAndGeneralAmt
Fundraising$4,282FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$489,920TotalAmt
Program Services$483,795ProgramServicesAmt
Management And General$4,900ManagementAndGeneralAmt
Fundraising$1,225FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,580TotalAmt
Program Services$5,580ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$44,963TotalAmt
Program Services$44,401ProgramServicesAmt
Management And General$450ManagementAndGeneralAmt
Fundraising$112FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,659TotalAmt
Program Services$21,388ProgramServicesAmt
Management And General$217ManagementAndGeneralAmt
Fundraising$54FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
INSTRUCTIONAL MATERIALS$172,084$172,084$0$0
REPAIRS AND MAINTENANCE$89,092$87,978$891$223
FUNDRAISING EXPENSE$21,920$0$0$21,920
COPIER LEASE$19,090$16,418$2,195$477

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,003TotalAmt
Program Services$8,461ProgramServicesAmt
Management And General$5,542ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,276,023TotalAmt
Program Services$2,807,865ProgramServicesAmt
Management And General$226,306ManagementAndGeneralAmt
Fundraising$241,852FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$109,037BOYAmt
EOY$58,738EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$407,597EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,813BOYAmt
EOY$16,149EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$112EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$477,101LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$199,266LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$312,961BOYAmt
EOY$277,835EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,726,111BOYAmt
EOY$1,359,850EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,152,922BOYAmt
EOY$2,120,281EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$345,776BOYAmt
EOY$250,705EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$53,652BOYAmt
EOY$100,116EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,668,269BOYAmt
EOY$1,307,954EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,067,697BOYAmt
EOY$1,658,775EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,714BOYAmt
EOY$411,995EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$49,511BOYAmt
EOY$49,511EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$85,225BOYAmt
EOY$461,506EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,152,922BOYAmt
EOY$2,120,281EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$376,281ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd
Other Support Sum$0OtherSupportSumAmt
Public Support CY1700PublicSupportCY170Pct
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

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

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$321,620OtherCostOrOtherBasisAmt
Depreciation$98,117DepreciationAmt
Book Value$223,503BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,377OtherCostOrOtherBasisAmt
Depreciation$15,885DepreciationAmt
Book Value$492BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$139,104OtherCostOrOtherBasisAmt
Depreciation$85,264DepreciationAmt
Book Value$53,840BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$277,835TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSIT - ELY STREET$78,400
RIGHT-OF-USE ASSETS$1,281,450
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,359,850TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASEDesc
Amt$1,307,954Amt
FieldValueIRS element (for citing)
Total Liability$1,307,954TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,652,304TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$3,652,304RevenueSubtotalAmt
Total Revenue Per Form990$3,652,304TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,276,023TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$3,276,023ExpensesSubtotalAmt
Total Expenses Per Form990$3,276,023TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt X, Line 2FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceLine 3FormAndLineReferenceDesc
ExplanationTHE SCHOOLS NONDISCRIMINATION POLICY IS PUBLISHED ON ITS WEBSITE. www.cornerstone-schools.org/choose-cornerstoneExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDEAN LUCKENBAUGHPersonNm
Base Compensation Filing Org$149,780BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$4,493DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$42,142NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$196,415TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$120,241NoncashContributionsRptF990Amt
Method Of Determining RevenuesPUBLISHED PRICESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt I Line 32bFormAndLineReferenceDesc
ExplanationAN INVESTMENT BROKER IS USED TO SELL DONATED STOCK.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 8bTHE SCHOOL HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
Pt VI, Line 11bTHE FINANCE COMMITTEE REVIEWS THE FORM 990 AND THE FULL BOARD APPROVES IT BEFORE FILING.
Pt VI, Line 12cTHE ORGANIZATION REGULARLY REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT BOARD MEETINGS.
Pt VI, Line 15aTHE BOARD OF DIRECTORS REVIEWS COMPARABLE SALARY INFORMATION WHEN DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR.
Pt VI, Line 19THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
OtherPARTS 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.

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