Cornerstone Crossroads Academy Inc is located in Dallas, TX. The organization was established in 2007. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 12/2021, Cornerstone Crossroads Academy Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Crossroads Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cornerstone Crossroads Academy Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $630.4k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP URBAN YOUTH THROUGH TRANSFORMATIVE EDUCATION AND EQUIP FUTURE LEADERS TO IMPACT THEIR COMMUNITIES THROUGH CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGH SCHOOL DIPLOMA PROGRAM - THE ACADEMY IS AN ACCREDITED, FAITH-BASED PRIVATE HIGH SCHOOL FOR YOUNG PEOPLE WHO ARE OVERCOMING MAJOR BARRIERS TO EARN AN ACCREDITED HIGH SCHOOL DIPLOMA. IN ADDITION TO HIGH SCHOOL EDUCATION SERVICES, WE OFFER LIFE SKILLS AND LEADERSHIP TRAINING, WORKFORCE EDUCATION AND MENTORING PROGRAMS FOR THE ACADEMY'S STUDENTS. FOR OVER 15 YEARS, THE ACADEMY'S GOAL HAS BEEN TO HELP STUDENTS WHO HAVE GIVEN UP HOPE, DROPPED OUT OF SCHOOL, AND LIVE ON THE VERGE OF HOMELESSNESS DEVELOP ACADEMICALLY, SOCIALLY, PHYSICALLY, AND SPIRITUALLY SO THAT THEY ARE PREPARED TO BEGIN THEIR POSTSECONDARY EDUCATION AND/OR ENTER THE WORKFORCE. EACH STUDENT WHO ATTENDS THE ACADEMY IS LOW-INCOME OR EXTREMELY LOW-INCOME, AS DEFINED BY HUD. THEREFORE, WHILE THE ACADEMY IS A PRIVATE SCHOOL, THE ACADEMY DOES NOT CHARGE PROGRAM FEES OR TUITION. INSTEAD, EACH STUDENT MUST COMPLETE 100 HOURS OF COMMUNITY SERVICE IN EXCHANGE FOR TUITION. THIS REQUIREMENT ALLOWS THE ACADEMY'S STUDENTS TO HAVE OWNERSHIP IN THEIR EDUCATION, PROVIDES SERVICES TO OUR COMMUNITY, AND GIVES STUDENTS OPPORTUNITIES TO BUILD JOB-RELATED SKILLS FOR THEIR RESUMES. THE EDUCATIONAL MODEL IS A BLENDED LEARNING APPROACH OF ONE-ON-ONE TUTORING, SMALL GROUP INSTRUCTION, WHOLE GROUP INSTRUCTION AND AN INDIVIDUALIZED ONLINE PROGRAM THAT ALLOWS STUDENTS TO COMPLETE THE SPECIFIC COURSES THEY NEED IN ORDER TO MEET THE STATE OF TEXAS REQUIREMENTS FOR A HIGH SCHOOL DIPLOMA OR COMPLETE THE GED.
MENTORING AND SOCIAL SERVICES - STUDENTS' FORMAL AND INFORMAL MENTORING WITH STAFF AND VOLUNTEERS PLAYS A KEY ROLE IN HELPING STUDENTS ACHIEVE SUCCESS. EACH STUDENT IS ASSIGNED AN ADVISOR TEACHER, WHO MEETS WITH THE STUDENT 1:1 EACH WEEK. ADVISORS WORK WITH THE STUDENTS TO IDENTIFY AND ADDRESS CHALLENGING LIFE ISSUES AND HABITS IN THEIR PERSONAL LIVES THAT PRESENT BARRIERS TO SUCCESS. A GRADUATION COACH HELPS STUDENTS DEFINE THEIR STRENGTHS AND IDENTIFY OPPORTUNITIES FOR DEVELOPMENT BOTH IN LIFE SKILLS AND WORKFORCE READINESS. A CASE MANAGER HELPS CONNECT EACH STUDENT WITH NEEDED RESOURCES IN THE COMMUNITY, INCLUDING CLOTHING, TRANSPORTATION, HOUSING, FOOD PROGRAMS, OBTAINING COPIES OF THEIR BIRTH CERTIFICATES, SOCIAL SECURITY CARDS, AND STATE IDENTIFICATION CARDS, AS WELL AS MEDICAL, DENTAL AND VISION CARE.
ENGAGEMENT - THE ACADEMY PROVIDES VOLUNTEER SCREENING AND SUPPORT FOR COMMUNITY MEMBERS WHO WISH TO GET INVOLVED IN THE SOUTH DALLAS AREA IN MEANINGFUL, RELATIONSHIP-BUILDING WAYS. EACH YEAR OVER 400 VOLUNTEERS ENGAGE IN COMMUNITY SERVICES INCLUDING LANDSCAPING AND NEIGHBORHOOD CLEANUP, PROVIDING MEALS TO STUDENTS, DELIVERING FOOD TO FAMILIES IN NEED, TUTORING, PROVIDING TRANSPORTATION TO MEDICAL APPOINTMENTS AND HOSTING COMMUNITY EVENTS TO CONNECT WITH NEIGHBORS IN THE ACADEMY'S AREA.
WORKING WARRIORS STUDENT WORK PROGRAM - THE ACADEMY PROVIDES KEY LIFE WORKFORCE SKILLS FOR STUDENTS SO THAT THEY MAY SUCCESSFULLY TRANSITION FROM SCHOOL TO WORK. TARGETED CLASSES PROVIDE STUDENTS WITH OPPORTUNITIES TO FIND THEIR PURPOSE, UNDERSTAND THEIR OPTIONS FOR HIGHER EDUCATION, AND PREPARE FOR THE WORKFORCE. STUDENTS WHO WISH TO PARTICIPATE IN THE WORK TRAINING PROGRAM COMMIT TO WORKING EXTRA HOURS BEFORE AND AFTER CLASSES AND ON WEEKENDS. THESE STUDENTS ALSO COMPLETE LEADERSHIP CLASSES FOCUSED ON LEARNING ESSENTIAL LIFE SKILLS FOR A SUCCESSFUL WORK PLACE TRANSITION. STUDENTS ARE CONNECTED WITH WORK INTERNSHIP OPPORTUNITIES IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristi Lichtenberg Exec Dir/dir | OfficerTrustee | 40 | $69,927 |
Keila Selders J D V Chair/dire | OfficerTrustee | 4 | $0 |
Peggy Griege Secretary/di | OfficerTrustee | 4 | $0 |
Jason Shyung JD Chairman/dir | OfficerTrustee | 4 | $0 |
Jason Botello Treasurer/di | OfficerTrustee | 4 | $0 |
Bo Estes Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $64,503 |
All other contributions, gifts, grants, and similar amounts not included above | $1,094,852 |
Noncash contributions included in lines 1a–1f | $18,097 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,159,355 |
Total Program Service Revenue | $0 |
Investment income | $289 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,159,644 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $21,195 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,695 |
Compensation of current officers, directors, key employees. | $41,082 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $372,907 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,222 |
Payroll taxes | $29,880 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,557 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $7,150 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,414 |
Advertising and promotion | $0 |
Office expenses | $8,336 |
Information technology | $5,968 |
Royalties | $0 |
Occupancy | $11,362 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $17,745 |
Insurance | $807 |
All other expenses | $968 |
Total functional expenses | $630,376 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $429,139 |
Savings and temporary cash investments | $331,500 |
Pledges and grants receivable | $39,300 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $12,347 |
Net Land, buildings, and equipment | $54,406 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $671,804 |
Total assets | $1,538,496 |
Accounts payable and accrued expenses | $60,972 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $92,980 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $153,952 |
Net assets without donor restrictions | $1,101,209 |
Net assets with donor restrictions | $283,335 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,538,496 |
Over the last fiscal year, we have identified 16 grants that Cornerstone Crossroads Academy Inc has recieved totaling $1,092,145.
Awarding Organization | Amount |
---|---|
David M Crowley Foundation Dallas, TX PURPOSE: PROGRAMS | $333,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $219,017 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $130,000 |
Lupe Murchison Foundation Dallas, TX PURPOSE: $25,000 FOR ZONING; $100,000 FOR ASBESTOS REMOVAL | $125,000 |
Lupe Murchison Foundation Dallas, TX PURPOSE: $25,000 FOR ZONING; $100,000 FOR ASBESTOS REMOVAL | $125,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $52,371 |
Organization Name | Assets | Revenue |
---|---|---|
The Awty International School Houston, TX | $207,829,354 | $57,840,310 |
Albuquerque Academy Hcsr Albuquerque, NM | $165,817,111 | $34,153,293 |
E-Stem High Public Charter Schools Inc Little Rock, AR | $3,447,253 | $31,404,379 |
Santa Fe Indian School Santa Fe, NM | $90,382,939 | $26,366,608 |
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Thaden School Bentonville, AR | $79,028,915 | $15,891,102 |
Academics Plus Charter Schools Inc Maumelle, AR | $7,409,476 | $15,799,644 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |
Student Alternatives Program Incorporated San Antonio, TX | $19,593,024 | $15,118,019 |