Civic Intelligence

Three Pillars an Educational Services Provider

990 • Fiscal year 2017 • EIN 27-0634528

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

306 East 4th StreetRoyal Oak, MI 48067

(248) 439-6228

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.54x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

31st percentile

0.11x

Higher debt load relative to revenue than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

49th percentile

2.7%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

60th percentile

7.6%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

18%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,805,547

Up $197,545 (+7.6%) from 2016

Net Assets

Up

$1,282,704

Up $376,995 (+42%) from 2016

Liabilities

Down

$1,522,843

Down $179,450 (-11%) from 2016

Revenue

Up

$14,194,165

Up $2,205,152 (+18%) from 2016

Expenses

Up

$13,817,170

Up $1,681,413 (+14%) from 2016

Net Income

Up

$376,995

Up $523,739 (+357%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $1,562,089Liabilities 2013: $848,689Net Assets 2013: $713,4002013Assets 2014: $2,250,511Liabilities 2014: $1,164,712Net Assets 2014: $1,085,7992014Assets 2015: $2,321,471Liabilities 2015: $1,269,018Net Assets 2015: $1,052,4532015Assets 2016: $2,608,002Liabilities 2016: $1,702,293Net Assets 2016: $905,7092016Assets 2017: $2,805,547Liabilities 2017: $1,522,843Net Assets 2017: $1,282,7042017Assets 2018: $3,594,377Liabilities 2018: $2,295,256Net Assets 2018: $1,299,1212018Assets 2020: $3,980,283Liabilities 2020: $2,600,739Net Assets 2020: $1,379,5442020

Highlighted filing

2017

Assets$2,805,547
Liabilities$1,522,843
Net Assets$1,282,704

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2013: $6,131,7162013Revenue 2014: $8,363,748Expenses 2014: $7,991,349Net Income 2014: $372,3992014Revenue 2015: $10,188,507Expenses 2015: $10,221,853Net Income 2015: -$33,3462015Revenue 2016: $11,989,013Expenses 2016: $12,135,757Net Income 2016: -$146,7442016Revenue 2017: $14,194,165Expenses 2017: $13,817,170Net Income 2017: $376,9952017Revenue 2018: $20,449,230Expenses 2018: $20,432,813Net Income 2018: $16,4172018Revenue 2020: $23,212,749Expenses 2020: $24,348,302Net Income 2020: -$1,135,5532020

Highlighted filing

2017

Revenue$14,194,165
Expenses$13,817,170
Net Income$376,995
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$14,194,165
Mission and Program Overview

Mission

To provide quality educational, operational, financial, and management services to public school academies and other institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,878,287$2,414,782▲ $536,495
Cash and Non-Interest-Bearing Accounts$682,557$336,851▼ $345,706
Prepaid Expenses and Deferred Charges$41,558$48,314▲ $6,756
Total Assets$2,608,002$2,805,547▲ $197,545
Other Assets Total$5,600$5,600→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,332,293$1,152,843▼ $179,450
Unsecured Notes Loans Payable$370,000$370,000→ $0
Total Liabilities$1,702,293$1,522,843▼ $179,450
Net Assets / Fund Balance
Unrestricted Net Assets$905,709$1,171,787▲ $266,078
Temporarily Rstr Net Assets$0$110,917▲ $110,917
Total Net Assets Fund Balance$905,709$1,282,704▲ $376,995
Total Liabilities and Net Assets / Fund Balance$2,608,002$2,805,547▲ $197,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas a WillisFormer CEOFT$190,342$5,227$195,569
Joshua BrittonCOOFT$156,722$24,240$180,962
Pamela FarrisChief Academic OfficerFT$139,065$11,978$151,043
Jill BachleCFOFT$144,544$4,550$149,094
Reid GoughCEOFT$132,059-$132,059
Ernestine SandersDirector of Special EducationFT$122,345-$122,345
Jared DavisSchool PrincipalFT$114,503$3,445$117,948
Carolyn BrownSchool Principal Thru May 2017FT$109,110$931$110,041
Alicia GanawayDirector of Human ResourcesFT$102,427$457$102,884

Board Members and Trustees

NameTitle
David BreenBoard President
Larry DentonBoard Vice-president (part Year)
Clark DurantBoard Member
Jason CardewBoard Member
John NicholsonBoard Member
Michael WarrenBoard Member
Kathleen GilmoreSecretary
Robert PulteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,190,291
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,874
All Other Contributions
$131,706
Change in Net Assets
$376,995

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,785,165
Revenue Not Reported on Financial Statements
$409,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$409,000
Total Revenue per Audited Statements
$13,785,165
Total Revenue per Form 990
$14,194,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,729,523
Other Expenses$659,308
Grants and Similar Amounts Paid$428,339
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,121,556$541,883-$9,663,439
Other Employee Benefits$1,500,424--$1,500,424
Payroll Taxes$755,603$82,023-$837,626
Current Officers, Directors, Trustees, and Key Employees-$728,034-$728,034
Grants to Domestic Orgs$428,339--$428,339
Fees for Services Other-$162,277-$162,277
Occupancy-$67,200-$67,200
Information Technology-$64,697-$64,697
Fees for Services Accounting-$53,950-$53,950
Office Expenses-$50,011-$50,011
All Other Expenses-$30,763-$30,763
Insurance-$28,239-$28,239
Other Expenses-$13,475-$13,475
Advertising-$11,725-$11,725
Interest-$11,100-$11,100
Conferences and Meetings$9,984--$9,984
Fees for Services Legal-$5,445-$5,445
Travel$1,502--$1,502
Fees for Service Investment Mgmnt Fees-$1,337-$1,337
Total Functional Expenses$11,817,408$1,999,762$0$13,817,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,817,170
Expenses per Audited Statements$13,408,170
Total Expenses per Audited Statements$13,408,170
Expenses Not Reported on Financial Statements$409,000
Other Expense Adjustments$409,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cornerstone Health and Technology SchoolDetroit, MI115To Support Educational Programming$412,880
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

Each of the cornerstone academies' board of directors shall appoint or reappoint esp directors to the esp board.

Form 990, Part VI, Section B, line 11B

The ceo and cfo will review the form 990 before filing. The board will receive a copy after filing.

Form 990, Part VI, Section B, line 12C

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.

Form 990, Part VI, Section B, line 15

In january 2011, the ceg board was presented with 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. Bi-annually this structure is reviewed and adjustments made if deemed necesary. The board approves the compensation and documents it in their meeting minutes. This process was last undertaken in april 2017.

Form 990, Part VI, Section C, line 19

The organization provides copies of its governing documents, conflict of interest policy, and financial statements upon request at the corporate offices.

Filing and Contact Details

Filer

Filer Name
Three Pillars An Educational Services
EIN
27-0634528
Phone
2484396228
Address
306 EAST 4TH STREET, ROYAL OAK, MI 48067
Doing Business As
Cornerstone Education Group Cornerstone Charter Schools Management Company

Signing Officer

Name
Reid Gough
Title
CEO
Phone
2484396228
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reid Gough
Formed
2009
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
283
Volunteers
7

Preparer

Firm
Plante & Moran Pllc
Address
2601 Cambridge Ct Ste 500, Auburn Hills, MI 48326
Preparer
Lynne M Huismann
Phone
2483757100
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Cornerstone education group has been granted tax-exempt status with the internal revenue service (irs) under the provisions of internal revenue code section 501(c)(3) effective june 6, 2012. The organization has requested the irs to apply this tax exemption retroactively to the inception of the organization, but final determination has not yet been received. No amounts have been expensed or accrued for income taxes from inception. Net income from activities unrelated to cornerstone education group's tax-exempt purpose is also subject to taxation. For the years ended june 30, 2017 and 2016, there were 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, 2016 and 2017, 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.

Part XI, Line 4B - Other Adjustments:

GRANTS 409,000.

Part XII, Line 4B - Other Adjustments:

GRANTS 409,000.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD VICE-PRESIDENT (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF SPECIAL EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt14SCHOOL PRINCIPAL THRU MAY 2017
IRS990/Form990PartVIISectionAGrp/TitleTxt15SCHOOL PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt014058585
IRS990/GrantAmt0428339
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0428339
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0428339
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt014194165
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt064697
IRS990/InformationTechnologyGrp/TotalAmt064697
IRS990/InsuranceGrp/ManagementAndGeneralAmt028239
IRS990/InsuranceGrp/TotalAmt028239
IRS990/InterestGrp/ManagementAndGeneralAmt011100
IRS990/InterestGrp/TotalAmt011100
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY EDUCATIONAL, OPERATIONAL, FINANCIAL, AND MANAGEMENT SERVICES TO PUBLIC SCHOOL ACADEMIES AND OTHER INSTITUTIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0905709
IRS990/NetAssetsOrFundBalancesEOYAmt01282704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt067200
IRS990/OccupancyGrp/TotalAmt067200
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt050011
IRS990/OfficeExpensesGrp/TotalAmt050011
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05600
IRS990/OtherAssetsTotalGrp/EOYAmt05600
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01500424
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01500424
IRS990/OtherExpensesGrp/Desc0LICENSE FEES
IRS990/OtherExpensesGrp/Desc1TURNAROUND EFFORT
IRS990/OtherExpensesGrp/Desc2RECRUITING FEES
IRS990/OtherExpensesGrp/Desc3JOB FAIR EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt074676
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt154000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218927
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313475
IRS990/OtherExpensesGrp/TotalAmt074676
IRS990/OtherExpensesGrp/TotalAmt154000
IRS990/OtherExpensesGrp/TotalAmt218927
IRS990/OtherExpensesGrp/TotalAmt313475
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03874
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03874
IRS990/OtherRevenueTotalAmt03874
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0541883
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09121556
IRS990/OtherSalariesAndWagesGrp/TotalAmt09663439
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt082023
IRS990/PayrollTaxesGrp/ProgramServicesAmt0755603
IRS990/PayrollTaxesGrp/TotalAmt0837626
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041558
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048314
IRS990/PrincipalOfficerNm0REID GOUGH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt011983619
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0296500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0698167
IRS990/PYOtherRevenueAmt05394
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-146744
IRS990/PYSalariesCompEmpBnftPaidAmt011141090
IRS990/PYTotalExpensesAmt012135757
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011989013
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0376995
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt014190291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011983619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010188507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08357026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06329372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt051048815
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0136
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0136
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03874
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05394
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06722
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01162
IRS990ScheduleA/OtherIncome170Grp/TotalAmt017152
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99400
IRS990ScheduleA/PublicSupportTotal170Amt051048815
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt014190291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011983619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010188507
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08357026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06329372
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt051048815
IRS990ScheduleA/TotalSupportAmt051066103
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0409000
IRS990ScheduleD/ExpensesSubtotalAmt013408170
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0409000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0409000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0409000
IRS990ScheduleD/RevenueSubtotalAmt013785165
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CORNERSTONE EDUCATION GROUP HAS BEEN GRANTED TAX-EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE (IRS) UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) EFFECTIVE JUNE 6, 2012. THE ORGANIZATION HAS REQUESTED THE IRS TO APPLY THIS TAX EXEMPTION RETROACTIVELY TO THE INCEPTION OF THE ORGANIZATION, BUT FINAL DETERMINATION HAS NOT YET BEEN RECEIVED. NO AMOUNTS HAVE BEEN EXPENSED OR ACCRUED FOR INCOME TAXES FROM INCEPTION. NET INCOME FROM ACTIVITIES UNRELATED TO CORNERSTONE EDUCATION GROUP'S TAX-EXEMPT PURPOSE IS ALSO SUBJECT TO TAXATION. FOR THE YEARS ENDED JUNE 30, 2017 AND 2016, THERE WERE 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, 2016 AND 2017, 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/SupplementalInformationDetail/ExplanationTxt1GRANTS 409,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANTS 409,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt013817170
IRS990ScheduleD/TotalRevenuePerForm990Amt014194165
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013785165
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013408170
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0412880
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT EDUCATIONAL PROGRAMMING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CORNERSTONE HEALTH AND TECHNOLOGY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0454847915
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt017351 SOUTHFIELD FWY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048235
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE USE OF FUNDS HAS TO SUPPORT THE ORGANIZATION'S MISSION OF PREPARING STUDENTS TO SUCCEED IN A GLOBAL COMMUNITY. DUE TO THE ORGANIZATION'S INVOLVEMENT IN DAILY OPERATIONS OF RECIPIENT SCHOOLS, THEY ARE ABLE TO DETERMINE THAT FUNDS ARE USED FOR EDUCATIONAL PURSUITS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X

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