Civic Intelligence

Cornerstone Academy Inc

EIN 74-3169328 • 501(c)3 • Morristown, TN

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Profile

Cornerstone academys mission is to partner with families in equipping students to achieve spiritual maturity and academic excellence by providing a christ-centered, classical education, so they will adopt a biblical worldview, thinking and living their lives in a manner that brings glory to god.

4801 S Davy Crockett ParkwayMorristown, TN 37813

www.camtn.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

1.17x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

26th percentile

-2.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$111,546,213

Up $16,900,395 (+18%) from 2023

Liabilities

Up

$2,118,251

Up $1,110,279 (+110%) from 2023

Net Assets

Up

$109,427,962

Up $15,790,116 (+17%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin26th percentile

Revenue

Down

$1,807,275

Down $20,475,047 (-92%) from 2023

Expenses

Down

$1,843,572

Down $18,875,801 (-91%) from 2023

Net Income

Down

-$36,297

Down $1,599,246 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $3,309,343Liabilities 2011: $2,515,113Net Assets 2011: $794,2302011Assets 2012: $3,186,823Liabilities 2012: $2,366,739Net Assets 2012: $820,0842012Assets 2013: $3,653,369Liabilities 2013: $2,675,565Net Assets 2013: $977,8042013Assets 2014: $3,527,909Liabilities 2014: $2,582,090Net Assets 2014: $945,8192014Assets 2015: $3,532,650Liabilities 2015: $2,569,194Net Assets 2015: $963,4562015Assets 2016: $11,118,626Liabilities 2016: $2,997,240Net Assets 2016: $8,121,3862016Assets 2017: $19,304,111Liabilities 2017: $2,626,298Net Assets 2017: $16,677,8132017Assets 2018: $44,510,212Liabilities 2018: $2,074,214Net Assets 2018: $42,435,9982018Assets 2019: $61,822,596Liabilities 2019: $4,357,429Net Assets 2019: $57,465,1672019Assets 2020: $75,265,991Liabilities 2020: $4,444,871Net Assets 2020: $70,821,1202020Assets 2021: $83,376,022Liabilities 2021: $2,527,158Net Assets 2021: $80,848,8642021Assets 2022: $93,751,320Liabilities 2022: $2,460,276Net Assets 2022: $91,291,0442022Assets 2023: $94,645,818Liabilities 2023: $1,007,972Net Assets 2023: $93,637,8462023Assets 2024: $111,546,213Liabilities 2024: $2,118,251Net Assets 2024: $109,427,9622024

Highlighted filing

2024

Assets$111,546,213
Liabilities$2,118,251
Net Assets$109,427,962
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $898,1392011Expenses 2012: $1,027,0552012Expenses 2013: $1,257,3392013Revenue 2014: $1,338,091Expenses 2014: $1,364,484Net Income 2014: -$26,3932014Revenue 2015: $1,277,004Expenses 2015: $1,259,367Net Income 2015: $17,6372015Revenue 2016: $8,619,024Expenses 2016: $1,461,094Net Income 2016: $7,157,9302016Revenue 2017: $10,545,206Expenses 2017: $1,923,342Net Income 2017: $8,621,8642017Revenue 2018: $28,268,032Expenses 2018: $2,446,861Net Income 2018: $25,821,1712018Revenue 2019: $20,557,087Expenses 2019: $5,332,118Net Income 2019: $15,224,9692019Revenue 2020: $21,244,598Expenses 2020: $7,888,645Net Income 2020: $13,355,9532020Revenue 2021: $25,507,605Expenses 2021: $15,479,861Net Income 2021: $10,027,7442021Revenue 2022: $28,492,042Expenses 2022: $17,366,086Net Income 2022: $11,125,9562022Revenue 2023: $22,282,322Expenses 2023: $20,719,373Net Income 2023: $1,562,9492023Revenue 2024: $1,807,275Expenses 2024: $1,843,572Net Income 2024: -$36,2972024

Highlighted filing

2024

Revenue$1,807,275
Expenses$1,843,572
Net Income-$36,297
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$111,546,213
Liabilities
$2,118,251
Net assets
$109,427,962
Revenue
$1,807,275
Expenses
$1,843,572
Net income
-$36,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$2.12$109$1.81$1.84$0.04
2023Summary only. Only limited summary data is available for this year.$94.6$1.01$93.6$22.3$20.7$1.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.8$2.46$91.3$28.5$17.4$11.1
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.4$2.53$80.8$25.5$15.5$10.0
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.3$4.44$70.8$21.2$7.89$13.4
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.8$4.36$57.5$20.6$5.33$15.2
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.5$2.07$42.4$28.3$2.45$25.8
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$2.63$16.7$10.5$1.92$8.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$3.00$8.12$8.62$1.46$7.16
2015Summary only. Only limited summary data is available for this year.$3.53$2.57$0.96$1.28$1.26$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.53$2.58$0.95$1.34$1.36$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$2.68$0.98$1.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$2.37$0.82$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$2.52$0.79$0.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jul 31, 2024
Signed
Jun 13, 2025
Return Version
2024v5.1
Gross Receipts
$1,808,279
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$109,464,259$109,427,962▼ $36,297
Land, Buildings, and Equipment, Net$70,757,761$70,757,761→ $0
Investments Other Securities$23,989,497$23,989,497→ $0
Cash and Non-Interest-Bearing Accounts$6,712,239$6,540,432▼ $171,807
Accounts Receivable$61,250$0▼ $61,250
Inventories for Sale or Use$52,514$57,399▲ $4,885
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$111,140,633$111,546,213▲ $405,580
Other Assets Total$9,567,372$10,201,124▲ $633,752
Liabilities
Accounts Payable and Accrued Expenses$1,247,994$2,118,251▲ $870,257
Deferred Revenue$428,380$0▼ $428,380
Total Liabilities$1,676,374$2,118,251▲ $441,877
Net Assets / Fund Balance
Total Net Assets Fund Balance$109,464,259$109,427,962▼ $36,297
Total Liabilities and Net Assets / Fund Balance$111,140,633$111,546,213▲ $405,580

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$58,579,693$9,389,993$67,969,686
Equipment$6,267,630$5,493,987$11,761,617
Land$5,910,438-$5,910,438
Other Assets Org$695,842--
Other Securities$12,457,169--
Compensation and Service Providers
Top Officer Pay5th percentile

Board Members and Trustees

NameTitle
Robert a JenkinsChairman
Aaron PorterBoard Member
Brandon ParkerBoard Member
Britt StoneBoard Member
David McvickerBoard Member
Hubert DavisBoard Member
Kevin ClineBoard Member
Polly OwenBoard Member
Ragan LongBoard Member
Robert F BrownBoard Member
Tom StewartBoard Member
Travis JenkinsBoard Member
Leah TaylorSecretary
Tyler D VineyardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,106
Program Service Revenue
$1,333,988
Investment Income
$27,200
Other Revenue
$102,981
All Other Contributions
$317,972
Change in Net Assets
$-36,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,152,123
Grants and Similar Amounts Paid$377,796
Salaries, Compensation, and Employee Benefits$313,653
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$377,796--$377,796
Advertising$298,453$1,157-$299,610
Other Salaries and Wages$151,399$129,241-$280,640
Information Technology$23,763$53,371-$77,134
Fees for Services Other$31,330$15,244-$46,574
Occupancy$41,661--$41,661
Other Employee Benefits$17,810$15,203-$33,013
Other Expenses$14,614$1,658-$14,614
All Other Expenses$4,428$2,269-$6,697
Total Functional Expenses$1,624,471$219,101$0$1,843,572
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,004
Fundraising Gross Income$1,004
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Total Events$26,138$1,004$1,004$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
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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 B, Line 11B

“Form 990 is reviewed and compared to results reported in organization's skyward records.”

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

“Enforcement conflicts policy documentation is reviewed and any exceptions are noted and followed up on.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Cornerstone Academy Inc
EIN
74-3169328
Phone
4233071189
Address
4801 S DAVY CROCKETT PARKWAY, MORRISTOWN, TN 37813

Signing Officer

Name
Tyler D Vineyard
Title
Treasurer
Phone
4233071189
Signed
2025-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Brown
Formed
2006
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
14

Preparer

Firm
Coulter & Justus Pc
Address
9717 COGDILL ROAD, KNOXVILLE, TN 37932
Preparer
Kevin Mccollum CPA
Phone
8656374161
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The primary mission of cornerstone academy, inc. Is to operate as a school that will adhere to the statement of faith and purpose as set out in sections i and ii of article 2 of the bylaws. Education at cornerstone academy is defined more inherently different than public education in philosophy and content. Cornerstone academy's purpose is to bring glory to the lord jesus christ by assisting christian parents in the godly education of their children. At all levels, programs, and teaching, cornerstone academy seeks to: a. Encourage every child to develop his/her relationship with god the father through jesus christ (matt. 19:13-15; 28:18-20) b. Teach all subjects as parts of an integrated whole with the scripture as the center (2 timothy 3:16-17) c. Provide a clear model of biblical christian life through its staff and board (matt. 22:37-40) d. Emphasize grammar, logic, and rhetoric in all subjects. E. Encourage every student to develop a love for learning and to achieve his/her academic potential. F. Provide access to families in the lakeway area and provide an orderly atmosphere conducive to obtaining these goals.”

Form 990, Part I, Line 6

“Officers and board members are not compensated for their services.”

Raw XML AppendixShowing 400 of 479 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01247994
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02118251
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IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01157
IRS990/AdvertisingGrp/ProgramServicesAmt0298453
IRS990/AdvertisingGrp/TotalAmt0299610
IRS990/AllOtherContributionsAmt0317972
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02269
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04428
IRS990/AllOtherExpensesGrp/TotalAmt06697
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0NICOLE BUCHANAN
IRS990/BooksInCareOfDetail/PhoneNum04236214069
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2159
IRS990/BooksInCareOfDetail/USAddress/CityNm0MORRISTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037816
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt06712239
IRS990/CashNonInterestBearingGrp/EOYAmt06540432
IRS990/ChangeToOrgDocumentsInd00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt025134
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0343106
IRS990/CYGrantsAndSimilarPaidAmt0377796
IRS990/CYInvestmentIncomeAmt027200
IRS990/CYOtherExpensesAmt01152123
IRS990/CYOtherRevenueAmt0102981
IRS990/CYProgramServiceRevenueAmt01333988
IRS990/CYRevenuesLessExpensesAmt0-36297
IRS990/CYSalariesCompEmpBnftPaidAmt0313653
IRS990/CYTotalExpensesAmt01843572
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01807275
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0428380
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PARTNERING WITH FAMILIES TO PROVIDE A CHRIST-CENTERED AND ACADEMICALLY CHALLENGING EDUCATION, EQUIPPING STUDENTS WITH A BIBLICAL WORLDVIEW AND A HEART FOR CHRIST, THAT THEY MAY GROW IN WISDOM, STATURE AND IN FAVOR WITH GOD AND MAN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01624471
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015244
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt031330
IRS990/FeesForServicesOtherGrp/TotalAmt046574
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/PersonNm1LEAH TAYLOR
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IRS990/Form990PartVIISectionAGrp/PersonNm3TRAVIS JENKINS
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IRS990/Form990PartVIISectionAGrp/PersonNm6TOM STEWART
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IRS990/Form990PartVIISectionAGrp/PersonNm8KEVIN CLINE
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IRS990/Form990PartVIISectionAGrp/PersonNm12BRANDON PARKER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
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IRS990/FundraisingDirectExpensesAmt01004
IRS990/FundraisingGrossIncomeAmt01004
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0377796
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0377796
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0377796
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01808279
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt053371
IRS990/InformationTechnologyGrp/ProgramServicesAmt023763
IRS990/InformationTechnologyGrp/TotalAmt077134
IRS990/InventoriesForSaleOrUseGrp/BOYAmt052514
IRS990/InventoriesForSaleOrUseGrp/EOYAmt057399
IRS990/InvestmentIncomeGrp/ExclusionAmt027200
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027200
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt023989497
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt023989497
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014883980
IRS990/LandBldgEquipBasisNetGrp/BOYAmt070757761
IRS990/LandBldgEquipBasisNetGrp/EOYAmt070757761
IRS990/LandBldgEquipCostOrOtherBssAmt085641741
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0109464259
IRS990/NetAssetsOrFundBalancesEOYAmt0109427962
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt041661
IRS990/OccupancyGrp/TotalAmt041661
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09567372
IRS990/OtherAssetsTotalGrp/EOYAmt010201124
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015203
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017810
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033013
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1EDUCATION AND TRAINING
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3EXTRACURRICULAR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0958
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11658
IRS990/OtherExpensesGrp/ProgramServicesAmt0471252
IRS990/OtherExpensesGrp/ProgramServicesAmt1133111
IRS990/OtherExpensesGrp/ProgramServicesAmt258854
IRS990/OtherExpensesGrp/ProgramServicesAmt314614
IRS990/OtherExpensesGrp/TotalAmt0471252
IRS990/OtherExpensesGrp/TotalAmt1134069
IRS990/OtherExpensesGrp/TotalAmt260512
IRS990/OtherExpensesGrp/TotalAmt314614
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0102981
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0102981
IRS990/OtherRevenueTotalAmt0102981
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0129241
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0151399
IRS990/OtherSalariesAndWagesGrp/TotalAmt0280640
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT BROWN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0ACADEMIC TUITION AND F
IRS990/ProgramServiceRevenueGrp/Desc1ENROLLMENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3AFTERCARE PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01102607
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1229041
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22310
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01102607
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1229041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020091966
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04791656
IRS990/PYInvestmentIncomeAmt01929683
IRS990/PYOtherExpensesAmt07929544
IRS990/PYOtherRevenueAmt01442088
IRS990/PYProgramServiceRevenueAmt013761350
IRS990/PYRevenuesLessExpensesAmt014411805
IRS990/PYSalariesCompEmpBnftPaidAmt010092082
IRS990/PYTotalExpensesAmt022813282
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt037225087
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-36297
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01436969
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0109464259
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0109427962
IRS990ScheduleA/SchoolInd0X
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/BuildingsGrp/BookValueAmt058579693
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09389993
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt067969686
IRS990ScheduleD/EquipmentGrp/BookValueAmt06267630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05493987
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011761617
IRS990ScheduleD/LandGrp/BookValueAmt05910438
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05910438
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09505282
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1695842
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROCESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER CURRENT ASSETS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05318318
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt16214010
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt212457169
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EXCHANGE TRADED FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FIXED INCOME
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070757761
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010201124
IRS990ScheduleD/TotalBookValueSecuritiesAmt023989497
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICIES ARE DISCLOSED IN SCHOOL AND PRINTED MATERIALS ARE AVAILABLE TO GENERAL PUBLIC AS WELL AS STUDENTS, FACULTY AND DONORS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025134
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt025134
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt026138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt01004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01004
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01004
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01004
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0377796
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION DISCOUNTS AND FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01155
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0OUR DISCOUNTS AND FINANICAL AID ARE NOT RESTRICTED BY NATURE. TUITION GOES INTO OUR GENERAL OPERATING FUND TO FUND OPERATING EXPENSES INCLUDING TEACHER SALARIES, UTILITY EXPENSES, ETC.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRIMARY MISSION OF CORNERSTONE ACADEMY, INC. IS TO OPERATE AS A SCHOOL THAT WILL ADHERE TO THE STATEMENT OF FAITH AND PURPOSE AS SET OUT IN SECTIONS I AND II OF ARTICLE 2 OF THE BYLAWS. EDUCATION AT CORNERSTONE ACADEMY IS DEFINED MORE INHERENTLY DIFFERENT THAN PUBLIC EDUCATION IN PHILOSOPHY AND CONTENT. CORNERSTONE ACADEMY'S PURPOSE IS TO BRING GLORY TO THE LORD JESUS CHRIST BY ASSISTING CHRISTIAN PARENTS IN THE GODLY EDUCATION OF THEIR CHILDREN. AT ALL LEVELS, PROGRAMS, AND TEACHING, CORNERSTONE ACADEMY SEEKS TO: A. ENCOURAGE EVERY CHILD TO DEVELOP HIS/HER RELATIONSHIP WITH GOD THE FATHER THROUGH JESUS CHRIST (MATT. 19:13-15; 28:18-20) B. TEACH ALL SUBJECTS AS PARTS OF AN INTEGRATED WHOLE WITH THE SCRIPTURE AS THE CENTER (2 TIMOTHY 3:16-17) C. PROVIDE A CLEAR MODEL OF BIBLICAL CHRISTIAN LIFE THROUGH ITS STAFF AND BOARD (MATT. 22:37-40) D. EMPHASIZE GRAMMAR, LOGIC, AND RHETORIC IN ALL SUBJECTS. E. ENCOURAGE EVERY STUDENT TO DEVELOP A LOVE FOR LEARNING AND TO ACHIEVE HIS/HER ACADEMIC POTENTIAL. F. PROVIDE ACCESS TO FAMILIES IN THE LAKEWAY AREA AND PROVIDE AN ORDERLY ATMOSPHERE CONDUCIVE TO OBTAINING THESE GOALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD MEMBERS ARE NOT COMPENSATED FOR THEIR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED AND COMPARED TO RESULTS REPORTED IN ORGANIZATION'S SKYWARD RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENFORCEMENT CONFLICTS POLICY DOCUMENTATION IS REVIEWED AND ANY EXCEPTIONS ARE NOTED AND FOLLOWED UP ON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C

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