2013-05-14T10:50:15-05:00 2012-06-30 621174696 BRUNDIGE PAYNE AND COMPANY PC 700 COLONIAL ROAD SUITE 220 MEMPHIS TN 381175156 990 2011-07-01 271534435 CORNERSTONE PREPARATORY SCHOOL INC CORN 9014163640 PO BOX 22569 MEMPHIS TN 381220569 DREW SIPPEL 9014163640 2013-05-10 1 RICHARD L WEBB CPA P00362093 9016834234 2011 2016-02-24 21:20:13Z X DREW SIPPEL PO BOX 22569 MEMPHIS TN 381220569 2227604 0 X CORNERSTONEPREPMEMPHIS.ORG X 2009 TN DRIVEN BY ACADEMIC RIGOR AND CHRISTIAN PRINCIPLES, CORNERSTONE PREPARATORY SCHOOL, INC. EDUCATES KINDERGARTEN THROUGH FIFTH GRADE STUDENTS FOR SUCCESS IN COLLEGE AND A LIFE OF LEADERSHIP. 6 5 9 50 0 0 1778638 2187868 16925 23495 9800 16241 0 0 1805363 2227604 0 180000 0 0 150052 438608 0 0 0 159768 217445 309820 836053 1495543 1391551 1495543 2888994 0 1900 1495543 2887094 CORNERSTONE PREPARATORY SCHOOL, INC. UTILIZES ACADEMIC RIGOR AND A BIBLICAL WORLDVIEW TO EQUIP ALL STUDENTS WITH THE SKILLS AND CHARACTER NECESSARY TO SUCCEED IN COLLEGE AND TO BECOME LIFE-CHANGING LEADERS IN THEIR COMMUNITY. 0 0 759329 23495 COLLEGE PREPARATORY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING AND HIGH QUALITY EDUCATION. 759329 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 9 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X THE ORGANIZATION 9014163640 320 CARPENTER STREET MEMPHIS TN 381224002 X JAY HARVILL 1.00 X X 0 0 0 TOM MARINO 1.00 X X 0 0 0 PAUL EDWARDS 1.00 X X 0 0 0 LAURA WHITSITT 1.00 X X 0 0 0 DEBBIE ISOM 1.00 X 0 0 0 DREW SIPPEL 50.00 X X 137404 0 0 137404 0 0 1 0 0 1 0 38176 2149692 2187868 TUITION AND FEES 611110 20481 20481 CAFETERIA 611710 2973 2973 OTHER 611710 41 41 23495 16241 16241 2227604 23495 0 16241 180000 180000 67018 53614 13404 323590 294798 28792 22824 18766 4058 25176 22792 2384 1200 1200 3650 3650 6208 6208 463 463 23123 14204 8919 93897 93897 6770 6770 6000 6000 2989 2989 INSTRUCTIONAL MATERIALS 48175 48175 LICENCE & PERMITS 10403 10403 MISCELLANEOUS 7578 3779 3799 RECRUITMENT 4698 4698 2291 970 1321 836053 759329 76724 0 283085 973491 1191735 1891767 9013 23723 9000 20723 14723 1495543 2888994 0 1900 0 1900 X 1495543 2887094 1495543 2887094 1495543 2888994 1391551 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9490 4745 4745 14233 4255 9978 14723 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL MATERIALS RELATED TO SOLICITATION FOR STUDENTS, INCLUDING REGISTRATION MATERIALS, CLEARLY DESCRIBES THE SCHOOL'S NON-DISCRIMINATION POLICIES IN AN ATTEMPT TO INFORM THE ENTIRE COMMUNITY OF ITS NON-DISCRIMINATORY POLICIES. 1 BINGHAMPTOM DEVELOPMENT CORPORATION 3000 WALNUT GROVE ROAD MEMPHIS TN 38111 200062075 501(C)(3) 180000 BUILDING CONSTRUCTION AND OPERATIONAL EXPENSES RELATED TO AN AFTER SCHOOL PROGRAM 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CORNERSTONE PROVIDED THIS ONE TIME GRANT TO BINGHAMPTON DEVELOPMENT CORPORATION TO AID IN THEIR RESTORATION, CONSTRUCTION AND DEVELOPMENT OF ADEQUATE HOUSING IN THE NEIGHORHOOD THAT BOTH BINGHAMPTON AND CORNERSTONE SERVES AND FUNDS RELATIVE TO AN AFTER SCHOOL PROGRAM IN THE NEIGHBORHOOD. BINGHAMPTON DEVELOPMENT PROVIDED OR WILL PROVIDE REPORTS RELATIVE TO THE EXPENDITURES INCURRED TO FULFILL THE GRANT. 0 0 0 0 0 0 0 0 0 DREW SIPPEL 123087 0 0 0 14317 0 0 0 0 0 137404 0 0 0 SUPPLEMENTAL INFORMATION PART III IN SUPPORT OF ITS MISSION, CHRIST UNITED METHODIST CHURCH, A NONRELATED 501(C)(3) RELIGIOUS ORGANIZATION, PAID THE SALARY AND NONTAXABLE BENEFITS OF DREW SIPPEL, EXECUTIVE DIRECTOR, FOR CALENDAR YEAR 2011. COMPENSATION WAS 123,087 AND NONTAXABLE BENEFITS WERE 14,317. FORM 990, PART VI, SECTION B, LINE 11 THE PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT WAS FILED. ADDITIONALLY, THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE RETURN BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS TO IDENTIFY POTENTIAL CONFLICTS WITH VENDORS, EMPLOYEES, CLIENTS, AND OTHER POTENTIAL CONFLICTS ARE COMPLETED BY ALL BOARD MEMBERS. PERIODIC REVIEWS ARE ALSO CONDUCTED AND WHEN CONFLICTS ARISE, A RESOLUTION IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES OF CORNERSTONE PREPARATORY SCHOOL ARE DETERMINED BASED ON MARKET RATES, EDUCATION LEVEL AND EXPERIENCE AND COMPENSATION LEVELS ARE CONSITENT WITH COMPARABLE DATA FROM SCHOOL SYSTEMS IN THE AREA WITH BOARD APPROVAL OF ALL EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 CORNERSTONE PREPARATORY SCHOOL HAS AVAILABLE FOR PUBLIC INSPECTION ALL REQUIRED DOCUMENTS IN A SEPARATE BINDER MARKED "OPEN FOR PUBLIC INSPECTION" AND WILL PROVIDE THE INFORMATION FOR REVIEW BY ANYONE UPON REQUEST.