Cornerstone Christian School Foundation

Organization Overview

Cornerstone Christian School Foundation is located in San Angelo, TX. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Christian School Foundation 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 12/2022, Cornerstone Christian School Foundation generated $825.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (36.5%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (32.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE SUPPORT FOR OPERATIONS AND/OR CAPITAL IMPROVEMENTS NEEDED FOR CORNERSTONE CHRISTIAN SCHOOL, A 501 (C) 3 ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ACHIEVED ITS EXEMPT PURPOSE GOAL BY PROVIDING FUNDS TO CORNERSTONE CHRISTIAN SCHOOL FOR SCHOLARSHIPS AND CAPITAL IMPROVEMENTS DURING THE OPERATING YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Terri Mcqueen
Secretary
$0
Linda Gossett
Director
$0
Daniel Jenson
Director
$0
Jennifer Glass
Director
$0
Rick Johnson
Director
$0
Lindsey Sisco
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50
Total Program Service Revenue$0
Investment income $16,110
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$15,335
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $825

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