Cornerstone Academy

“The voting member in the cornerstone academy are, 1. Ed heatley, . 2. Vera mckissic, 3. Gerald alley, 4. Jenny howell”

“Mrs carla smith is currently working as the key employee of the cornerstoe academy and she is related to her mother vera mckissic who is also one of the trustees of the cornerstone academy.”

“The form 990 is prepared by a tax professional and later it is presented to the key employee of the cornerstone academy and both parties sat down and review the completed form 990 for understanding and corrections if need be. Once this process is completed and approved by the key employee, then the completed form 990 is left with the key employee for her to present to the secretary of the board for review with the entire cornerstone board consisting of the trusees and officers for approval. Once the board makes an approval and acceptance of the form 990 and its contents, the tax professional will be -notified of the approval of the form by either the secretary or the key employee and informed of the okay to submit the completed form 990 to the internal revenue service.”

“The salary of the key employee is set by the board and the trustee of the cornerstone academy.”

“Mr. Ed heatley is working as the president of the cornerstone academy who meets in a board meeting once every three months and puts in an average of 1 hour a week to accomplish the needed tasks to move the cornerstone academy inthe directions it should go.”

“Jenny howell is current an active secretary of the academy and she meets with the cornerstone academy once every quarter and she puts in an average of 1 hour a week in an effort to advance the academy. She currently receives no wages, or salary for her services rendred on behalf of the academy.”

“Mrs. Vera mckissic is a board member of the cosrnerstone academy who meets with the board on a quarterly bssic and puts in an average of 1 hour a week. She is currently receiving no wages or salaries from the cornerstone academy. There is the cornerstone church which is a related organization wre by she is employed there and puts in an average of 40 hours a week and is compensated there for her services to the church as an employee..”

“Mr. Gerald alley is a board member of the cornerstone academy and he meets on a quarterly basic to assist in the descision making process of the academy to move the academy in the right directions. He meets with the cornerstone academy on a quarterly basic to assist in the decision-making process. He is not compensated for his time spent working with the academy and is putting in approximately 1 hour a week.”

“Cheryl jones is aan academy board member who is putting in on average of 1 hour per quarter. This normally ahappens when there is a board meeting.”

“Mrs. Carla smith work 40 hours a week”

“Mrs samantha sells is a board member is she donates her time whenever there is a board meeting which can range from meeting once a month to once every quarter. It depends on the situation and hte urgency of the academy.”

“The other expenses consist of usd 40,144.00 academy food usd 9,830.00 campstone exp- training 1,755.00 curriculum 259.00 grads 1,435.00 janitorial cost 16,655.00 meals and enter 580.00 payroll fees 4,824.00 repairs amp main 525.00 subscriptions 165.00 supplies 4,116.00”

“All information was provide to explain and support the fact of the cornerstone academy being a school.”