Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
990 • Fiscal year 2013 • EIN 27-0634528
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$1,562,089
No earlier filing loaded for comparison.
Net Assets
$713,400
No earlier filing loaded for comparison.
Liabilities
$848,689
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$6,131,716
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
To provide quality educational, operational, financial, and management services to public school academies and other institutions.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 599272 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 478689 |
| IRS990/AccountsReceivable/BOY | 0 | 654768 |
| IRS990/AccountsReceivable/EOY | 0 | 1215001 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | TO PROVIDE QUALITY EDUCATIONAL, OPERATIONAL, FINANCIAL, AND MANAGEMENT SERVICES TO PUBLIC SCHOOL ACADEMIES AND OTHER INSTITUTIONS. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 306 EAST 4TH STREET |
| IRS990/AddressPrincipalOfficerUS/City | 0 | ROYAL OAK |
| IRS990/AddressPrincipalOfficerUS/State | 0 | MI |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 48067 |
| IRS990/Advertising/ManagementAndGeneral | 0 | 5559 |
| IRS990/Advertising/Total | 0 | 5559 |
| IRS990/AllOtherContributions | 0 | 507500 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 11514 |
| IRS990/AllOtherExpenses/Total | 0 | 11514 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 0 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | 0 |
| IRS990/BsnssRltnshpWithOrganization | 0 | 0 |
| IRS990/CashNonInterestBearing/BOY | 0 | 443614 |
| IRS990/CashNonInterestBearing/EOY | 0 | 335211 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral | 0 | 493233 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 493233 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 1 |
| IRS990/ComplianceWithBackupWitholding | 0 | 1 |
| IRS990/ConferencesMeetings/ManagementAndGeneral | 0 | 34371 |
| IRS990/ConferencesMeetings/Total | 0 | 34371 |
| IRS990/ConflictOfInterestPolicy | 0 | 1 |
| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 0 |
| IRS990/ContributionsGrantsCurrentYear | 0 | 6329372 |
| IRS990/ContributionsGrantsPriorYear | 0 | 243416 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DeferredRevenue/BOY | 0 | 7500 |
| IRS990/DeferredRevenue/EOY | 0 | 0 |
| IRS990/DelegationOfManagementDuties | 0 | 0 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | CORNERSTONE CHARTER SCHOOLS PROVIDED COMPREHENSIVE OPERATIONAL SERVICES TO 3 CHARTER SCHOOLS OPERATING IN THE CITY OF DETROIT AND 1 CHARTER SCHOOL IN NEIGHBORING REDFORD . CORNERSTONE'S ACTIVITIES ALLOW THESE CHARTER SCHOOLS TO MAXIMIZE THEIR EFFECTIVENESS IN PROVIDING A QUALITY EDUCATION TO ALL STUDENTS AT THE LOWEST POSSIBLE COST. CORNERSTONE CHARTER SCHOOLS SPECIALIZES IN CREATIVE EDUCATIONAL PROGRAMMING THAT FOCUSES ON THE CONCEPT THAT LEARNING COMES FROM PASSION. THIS PROCESS IS CONSTANTLY EVOLVING TO MIRROR EDUCATIONAL, INDIVIDUAL, AND SOCIETAL SHIFTS, PROVIDING A HIGH-TECH, ENGAGING LEARNING EXPERIENCE DESIGNED TO HELP CHILDREN ON ALL LEVELS. CORNERSTONE SUPPLIES EVERY PROGRAM AND SERVICE NECESSARY TO ENSURE STUDENT SUCCESS, INCLUDING SPECIALIZED INSTRUCTION IN THE AREAS OF CHARACTER AND COMMUNITY SERVICE EDUCATION. AT CORNERSTONE CHARTER SCHOOLS, WE ARE MOTIVATED BY A DESIRE TO SEE STUDENTS THRIVE AND FULFILL THEIR UNIQUE POTENTIAL. WE ALSO SERVE AS THE EMPLOYER FOR THE CHARTER SCHOOLS' STAFF, WHICH PROVIDES A MECHANISM FOR THE CHARTER SCHOOLS TO GENERATE EMPLOYEE BENEFIT PROGRAMS IN A COST EFFECTIVE MANNER. |
| IRS990/DisregardedEntity | 0 | 0 |
| IRS990/DocumentRetentionPolicy | 0 | 1 |
| IRS990/DoingBusinessAs/BusinessNameLine1 | 0 | CORNERSTONE CHARTER SCHOOLS |
| IRS990/DonorAdvisedFunds | 0 | 0 |
| IRS990/ElectionOfBoardMembers | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiled | 0 | 1 |
| IRS990/ExcessBenefitTransaction | 0 | 0 |
| IRS990/Expense | 0 | 5056084 |
| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
| IRS990/FederalGrantAuditRequired | 0 | 0 |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 49540 |
| IRS990/FeesForServicesAccounting/Total | 0 | 49540 |
| IRS990/FeesForServicesInvstMgmntFees/ManagementAndGeneral | 0 | 6677 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 6677 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 13444 |
| IRS990/FeesForServicesLegal/Total | 0 | 13444 |
| IRS990/FeesForServicesManagement/ManagementAndGeneral | 0 | 68115 |
| IRS990/FeesForServicesManagement/Total | 0 | 68115 |
| IRS990/FeesForServicesOther/ManagementAndGeneral | 0 | 51179 |
| IRS990/FeesForServicesOther/Total | 0 | 51179 |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | 0 |
| IRS990/ForeignFinancialAccount | 0 | 0 |
| IRS990/ForeignOffice | 0 | 0 |
| IRS990/Form8282PropertyDisposedOf | 0 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 40.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | DAVID BREEN |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | KATHLEEN GILMORE |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | LARRY DENTON |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | ROBERT PULTE |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | THOMAS A WILLIS |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | JILL BACHLE |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | EUGENE SEABORN |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | HEATHER GARDNER |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | DORETHA MORGAN |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/Officer | 3 | X |
| IRS990/Form990PartVIISectionA/Officer | 4 | X |
| IRS990/Form990PartVIISectionA/Officer | 5 | X |
| IRS990/Form990PartVIISectionA/Officer | 6 | X |
| IRS990/Form990PartVIISectionA/Officer | 7 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 4103 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 477 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 1116 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 2461 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 1752 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 155480 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 19518 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 118422 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 62550 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 63502 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | BOARD PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 1 | BOARD VICE PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 2 | SECRETARY |
| IRS990/Form990PartVIISectionA/Title | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 4 | CEO |
| IRS990/Form990PartVIISectionA/Title | 5 | FINANCE MANAGER |
| IRS990/Form990PartVIISectionA/Title | 6 | CHIEF ACADEMIC OFFICER |
| IRS990/Form990PartVIISectionA/Title | 7 | COO |
| IRS990/Form990PartVIISectionA/Title | 8 | FINANCE MANAGER |
| IRS990/Form990ProvidedToGoverningBody | 0 | 0 |
| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 1 |
| IRS990/FSAuditedBasis/FinancialStatementSeparate | 0 | X |
| IRS990/FundraisingActivities | 0 | 0 |
| IRS990/FundsToPayPremiums | 0 | 0 |
| IRS990/Gaming | 0 | 0 |
| IRS990/GovernmentGrants | 0 | 5821872 |
| IRS990/Grants | 0 | 500000 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 500000 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 0 |
| IRS990/GrantsToDomesticOrgs/ProgramServices | 0 | 500000 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 500000 |
| IRS990/GrantsToIndividuals | 0 | 0 |
| IRS990/GrantsToOrganizations | 0 | 1 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
| IRS990/GrossReceipts | 0 | 6330670 |
| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 7082 |
| IRS990/InformationTechnology/Total | 0 | 7082 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 22353 |
| IRS990/Insurance/Total | 0 | 22353 |
| IRS990/Interest/ManagementAndGeneral | 0 | 7535 |
| IRS990/Interest/Total | 0 | 7535 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 136 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 136 |
| IRS990/InvestmentIncomePriorYear | 0 | 344 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 136 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | TO PROVIDE QUALITY EDUCATIONAL, OPERATIONAL, FINANCIAL, AND MANAGEMENT SERVICES TO PUBLIC SCHOOL ACADEMIES AND OTHER INSTITUTIONS. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | THOMAS WILLIS |
| IRS990/NbrIndependentVotingMembers | 0 | 4 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 4 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 4 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 514446 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 713400 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 12 |
| IRS990/NumberIndependentVotingMembers | 0 | 4 |
| IRS990/NumberIndividualsGT100K | 0 | 2 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 161 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 42600 |
| IRS990/Occupancy/Total | 0 | 42600 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 10971 |
| IRS990/OfficeExpenses/Total | 0 | 10971 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | 0 |
| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 3849 |
| IRS990/OtherAssetsTotal/EOY | 0 | 3800 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 935578 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 935578 |
| IRS990/OtherExpensePriorYear | 0 | 421090 |
| IRS990/OtherExpensesCurrentYear | 0 | 416231 |
| IRS990/OtherExpenses/Description | 0 | LICENSE FEES |
| IRS990/OtherExpenses/Description | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpenses/Description | 2 | PROFESSIONAL DEVELOPEME |
| IRS990/OtherExpenses/Description | 3 | INVESTIGATION EXPENSE |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 30295 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 22820 |
| IRS990/OtherExpenses/ManagementAndGeneral | 2 | 7500 |
| IRS990/OtherExpenses/ManagementAndGeneral | 3 | 5107 |
| IRS990/OtherExpenses/Total | 0 | 30295 |
| IRS990/OtherExpenses/Total | 1 | 22820 |
| IRS990/OtherExpenses/Total | 2 | 7500 |
| IRS990/OtherExpenses/Total | 3 | 5107 |
| IRS990/OtherRevenueCurrentYear | 0 | 1162 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 900099 |
| IRS990/OtherRevenueMisc/Description | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMisc/ExclusionAmount | 0 | 1162 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 1162 |
| IRS990/OtherRevenuePriorYear | 0 | 209305 |
| IRS990/OtherSalariesAndWages/ManagementAndGeneral | 0 | 116761 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 3343537 |
| IRS990/OtherSalariesAndWages/Total | 0 | 3460298 |
| IRS990/PartialLiquidation | 0 | 0 |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 49407 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 276969 |
| IRS990/PayrollTaxes/Total | 0 | 326376 |
| IRS990/PoliticalActivities | 0 | 0 |
| IRS990/PremiumsPaid | 0 | 0 |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 18987 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 8077 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
| IRS990/ProgramServiceRevenueCY | 0 | 0 |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 4149853 |
| IRS990/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990/QuidProQuoContributions | 0 | 0 |
| IRS990/ReconcilationOtherChanges | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | 198954 |
| IRS990/RegularMonitoringEnforcement | 0 | 1 |
| IRS990/RelatedEntity | 0 | 0 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
| IRS990/ReportFin48Footnote | 0 | 1 |
| IRS990/ReportInvestOthSecurities | 0 | 0 |
| IRS990/ReportLandBldgEquip | 0 | 0 |
| IRS990/ReportOtherAssets | 0 | 0 |
| IRS990/ReportOtherLiabilities | 0 | 0 |
| IRS990/ReportProgRelInvest | 0 | 0 |
| IRS990/RevenuesLessExpensesCY | 0 | 198954 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 607189 |
| IRS990/SalariesEtcCurrentYear | 0 | 5215485 |
| IRS990/SalariesEtcPriorYear | 0 | 3574639 |
| IRS990ScheduleA/AmountsSubstContributorsTotal | 0 | 516948 |
| IRS990ScheduleA/First5Years170 | 0 | X |
| IRS990ScheduleA/GeneralExplanation | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear | 0 | 6329372 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year | 0 | 243416 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years | 0 | 214109 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years | 0 | 165000 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 6951897 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear | 0 | 136 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year | 0 | 344 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years | 0 | 167 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years | 0 | 104 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 751 |
| IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc | 0 | 11060072 |
| IRS990ScheduleA/OtherIncome170/CurrentTaxYear | 0 | 1162 |
| IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year | 0 | 209305 |
| IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years | 0 | 32 |
| IRS990ScheduleA/OtherIncome170/Total | 0 | 210499 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 6434949 |
| IRS990ScheduleA/Total170/CurrentTaxYear | 0 | 6329372 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year | 0 | 243416 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years | 0 | 214109 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years | 0 | 165000 |
| IRS990ScheduleA/Total170/Total | 0 | 6951897 |
| IRS990ScheduleA/TotalSupport | 0 | 7163147 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 6131716 |
| IRS990ScheduleD/FootnoteInPartXIII | 0 | X |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | CORNERSTONE CHARTER SCHOOLS HAS APPLIED FOR TAX-EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE (IRS) UNDER THE PROVISIONS OF CODE SECTION 501(C)(3). AS OF THE REPORT DATE, THE ORGANIZATION'S TAX-EXEMPT STATUS IS PENDING. SHOULD THE ORGANIZATION'S TAX-EXEMPT STATUS BE DENIED, THE ORGANIZATION WOULD BE RESPONSIBLE FOR PAYING TAXES ON ANY NET INCOME SINCE INCEPTION. AS OF JUNE 30, 2013, NO AMOUNTS HAVE BEEN EXPENSED OR ACCRUED FOR INCOME TAXES, AS THE ORGANIZATION ANTICIPATES ITS TAX-EXEMPT STATUS TO BE APPROVED. NET INCOME FROM ACTIVITIES UNRELATED TO CORNERSTONE CHARTER SCHOOLS' TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION. AS OF JUNE 30, 2013, THERE ARE NO TAXES ON UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION IS SUBJECT TO INCOME TAX EXAMINATIONS FOR ALL YEARS SINCE INCEPTION. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | PART X, LINE 2: |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 6330670 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 6131716 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 0 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 6330670 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 6131716 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 6330670 |
| IRS990ScheduleI/Form990ScheduleIPartIV/Explanation | 0 | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION FOLLOWED THE PROCEDURES OUTLINED IN THE GRANT. |
| IRS990ScheduleI/Form990ScheduleIPartIV/Identifier | 0 | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: |
| IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference | 0 | PART I, LINE 2: |
| IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1 | 0 | 19900 MCINTYRE ST |
| IRS990ScheduleI/RecipientTable/AddressUS/City | 0 | DETROIT |
| IRS990ScheduleI/RecipientTable/AddressUS/State | 0 | MI |
| IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode | 0 | 48219 |
| IRS990ScheduleI/RecipientTable/AmountOfCashGrant | 0 | 500000 |
| IRS990ScheduleI/RecipientTable/EINOfRecipient | 0 | 454847915 |
| IRS990ScheduleI/RecipientTable/IRCSection | 0 | 115 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrant | 0 | TO SUPPORT EDUCATIONAL PROGRAMMING |
| IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine1 | 0 | CORNERSTONE HEALTH SCHOOL |
| IRS990ScheduleI/RecordsMaintained | 0 | 0 |
| IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants | 0 | 1 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE COO AND FINANCE MANAGER WILL REVIEW THE FORM 990 BEFORE FILING. THE BOARD WILL RECEIVE A COPY AFTER FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | ISO PROCESSES AND PROCEDURES ARE AUDITED INTERNALLY AND EXTERNALLY EVERY YEAR IN ADDITION TO REGULAR IMPROVEMENT EFFORTS. IF A CONFLICT EXISTS, THEY RECUSE THEMSELVES FROM VOTING ON THE MATTER. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | IN JANUARY 2011 THE CCS BOARD WAS PRESENTED A REPORT FROM RAHMBERG STOVER FOR THEIR COMPENSATION PROCESS. THIS REPORT WAS BASED ON A MARKET ANALYSIS THEY PERFORMED, AND IT PROVIDED A BASE SALARY SYSTEM, INCLUDING JOB DESCRIPTIONS FOR ALL POSITIONS IN THE ORGANIZATION. THE SALARY STRUCTURE HAD GRADES AND RANGES AND FORMULAS TO DRIVE FUTURE PAY INCREASES. THE BOARD APPROVED THE COMPENSATION AND DOCUMENTED IT IN THE MEETING MINUTES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST AT THE CORPORATE OFFICES. |
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| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/TotalLiabilitiesBOY | 0 | 606772 |
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Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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