Civic Intelligence

Cornerstone Community Academy

EIN 83-1154204 • 501(c)3 • Newberry, SC

Profile

School

PO Box 634Newberry, SC 29108

n/A

Siviq Scores

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

Liabilities / Assets

89th percentile

0.55x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

0.38x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

23rd percentile

-20%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

42nd percentile

-7.6%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-44%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$25,715

Down $2,101 (-7.6%) from 2021

Liabilities

Up

$14,185

Up $5,412 (+62%) from 2021

Net Assets

Down

$11,530

Down $7,513 (-39%) from 2021

Operations
Liabilities / Revenue90th percentileNet Margin23rd percentile

Revenue

Down

$37,016

Down $28,970 (-44%) from 2021

Expenses

Down

$44,529

Down $5,223 (-10%) from 2021

Net Income

Down

-$7,513

Down $23,747 (-146%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$30K$20K$10K$0-$10KAssets 2018: $2,128Liabilities 2018: $3622018Assets 2019: $2,625Liabilities 2019: $3,194Net Assets 2019: -$5692019Assets 2020: $7,008Liabilities 2020: $4,1992020Assets 2021: $27,816Liabilities 2021: $8,773Net Assets 2021: $19,0432021Assets 2022: $25,715Liabilities 2022: $14,185Net Assets 2022: $11,5302022

Highlighted filing

2022

Assets$25,715
Liabilities$14,185
Net Assets$11,530
Open 2022 Filing

Operations Trend

Revenue Growth21st percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2018: $14,257Expenses 2018: $12,491Net Income 2018: $1,7662018Revenue 2019: $24,619Expenses 2019: $26,954Net Income 2019: -$2,3352019Revenue 2020: $42,978Expenses 2020: $39,600Net Income 2020: $3,3782020Revenue 2021: $65,986Expenses 2021: $49,752Net Income 2021: $16,2342021Revenue 2022: $37,016Expenses 2022: $44,529Net Income 2022: -$7,5132022

Highlighted filing

2022

Revenue$37,016
Expenses$44,529
Net Income-$7,513
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,715
Liabilities
$14,185
Net assets
$11,530
Revenue
$37,016
Expenses
$44,529
Net income
-$7,513
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$25.7$14.2$11.5$37.0$44.5$7.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$8.77$19.0$66.0$49.8$16.2
2020Summary only. Only limited summary data is available for this year.$7.01$4.20$43.0$39.6$3.38
2019Detailed filing. Detailed filing data is available for this year.$2.63$3.19$0.57$24.6$27.0$2.34
2018Summary only. Only limited summary data is available for this year.$2.13$0.36$14.3$12.5$1.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 13, 2023
Return Version
2022v5.0
Gross Receipts
$37,016
Mission and Program Overview

Mission

School

Program Services

DescriptionGrantsExpenses
Provided education to 17 students--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karin WhitePresident-$0--
Anne ShealyTreasure-$0--
Cathy ClintonSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Cornerstone Community Academy
EIN
83-1154204
Phone
8039406420
Address
PO Box 634, Newberry, SC 29108

Signing Officer

Name
Karin White
Title
President
Phone
8039406420
Signed
2023-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Nichols Accounting PC
Address
66 Pender Ridge Rd, Newberry, SC 29108
Preparer
David C Nichols
Phone
8034050064
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 6”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 1,927”

Form 990-EZ, Part I, Line 16, Other Expenses

“Registrations fees, licenses 330”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 715”

Form 990-EZ, Part I, Line 16, Other Expenses

“Contracted Services 150”

Form 990-EZ, Part I, Line 16, Other Expenses

“Classroom Student Program Supplies 5,024”

Form 990-EZ, Part I, Line 16, Other Expenses

“Safety 91”

Form 990-EZ, Part I, Line 16, Other Expenses

“Sanitation 852”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Supplies 2,013”

Form 990-EZ, Part II, Line 24, Other Assets

“Accounts Receivable Beginning of year 27,217, End of year 25,515”

Form 990-EZ, Part II, Line 26, Liabilities

“Payroll Taxes Payable Beginning of year 519, End of year 386”

Form 990-EZ, Part II, Line 26, Liabilities

“Accounts Payable - Overdraft Beginning of year 0, End of year 605”

Form 990-EZ, Part II, Line 26, Liabilities

“Note Payable - K White Beginning of year 8,254, End of year 13,194”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Karin White
IRS990EZ/BooksInCareOfDetail/PhoneNum08039406420
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01812 Johnstone Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Newberry
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0599
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0200
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03505
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7513
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022789
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027816
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025715
IRS990EZ/GrossReceiptsAmt037016
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LoansToFromOfficersAmt08254
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019043
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011530
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019043
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011530
IRS990EZ/OccupancyRentUtltsAndMaintAmt03047
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Karin White
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Anne Shealy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cathy Clinton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasure
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt027217
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025515
IRS990EZ/OtherExpensesTotalAmt011108
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0School
IRS990EZ/PrintingPublicationsPostageAmt02
IRS990EZ/ProgramServiceRevenueAmt033511
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided education to 17 students
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07583
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08773
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014185
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt044529
IRS990EZ/TotalRevenueAmt037016
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08254
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Working Capital Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08254
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Karin White
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt08254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meals and entertainment 6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Telephone 1,927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Registrations fees, licenses 330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contracted Services 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Classroom Student Program Supplies 5,024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Safety 91
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Sanitation 852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Office Supplies 2,013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable Beginning of year 27,217, End of year 25,515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Taxes Payable Beginning of year 519, End of year 386
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Payable - Overdraft Beginning of year 0, End of year 605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Note Payable - K White Beginning of year 8,254, End of year 13,194
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Karin White
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08039406420
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cornerstone Community Academy
ReturnHeader/Filer/BusinessNameControlTxt0CORN
ReturnHeader/Filer/EIN0831154204
ReturnHeader/Filer/PhoneNum08039406420
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 634
ReturnHeader/Filer/USAddress/CityNm0Newberry
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029108
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461567090
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Nichols Accounting PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Pender Ridge Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newberry
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029108
ReturnHeader/PreparerPersonGrp/PhoneNum08034050064
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David C Nichols
ReturnHeader/ReturnTs02023-11-11T12:47:56-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Karin
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0White
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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