Cornerstone Preschool Group
- Assets
- $40.0k
- Revenue
- $300.2k
- Investments
- $0.0
- Employees
- 23
- Location
- Roswell, GA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2763238
Organization Overview
Cornerstone Preschool Group is located in Roswell, GA. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Cornerstone Preschool Group employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Preschool Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CORNERSTONE PRESCHOOL GROUP IS A PART TIME PRESCHOOL PROVIDING EARLY EDUCATION AND CARE TO CHILDREN AGES ONE THROUGH KINDERGARTEN. THE SCHOOL FOCUSES ON BASIC SKILLS SUCH AS LETTER AND NUMBER RECOGNITION, FINE MOTOR SKILLS, COGNITIVE THINKING AND SOCIAL SKILLS. IN ADDITION THE SCHOOL PROVIDES CHRISTIAN FAITH BASED LESSONS AS PART OF THE DAILY CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRESCHOOL EDUCATION AND CARE TO CHILDREN AGES ONE THROUGH KINDERGARTEN. STUDENTS ARE TAUGHT BASIC SKILLS, SUCH AS LETTER AND NUMBER RECOGNTION, FINE MOTOR SKILLS, COGNITIVE THINKING AND SOCIAL SKILLS. STUDENTS ARE ALSO PROVIDED CHRISTIAN, FAITH BASED LESSONS AS PART OF THE DAILY CURRICULUM.
A SUMMER CAMP IS OFFERED FOR ENROLLED STUDENTS IN THE PRESCHOOL. SUMMER CAMP IS OFFERED FOR FOUR WEEKS DURING THE SUMMER. CAMPERS ENJOY A HALF DAY OF FUN ACTIVITIES SUCH AS CRAFTS, OUTSIDE PLAY, GAMES, MUSIC, AND FAITH BASED ACTIVITIES.
THE STEM PROGRAM IS OFFERED TO STUDENTS ENROLLED IN PRE-K AND KINDERGARTEN. IT IS OFFERED DURING THE SPRING SEMESTER AS AN AFTER SCHOOL ACTIVITY. THE STUDENT WHO CHOOSE TO PARTICIPATE IN THE AFTER SCHOOL PROGRAM GET TO PARTICIPATE IN SIMPLE, HANDS ON EXPERIMENTS, THAT TEACH THEM SOME BASIC PRINCIPLES OF CHEMISTRY AND PHYSICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Tammuci Preschool Di | Officer | 40 | $34,823 |
Carley Geren Board Member | Trustee | 1 | $2,099 |
Emily Brown President | OfficerTrustee | 4 | $0 |
Kimberly Stengard Treasurer | OfficerTrustee | 4 | $0 |
Trebor Brown Board Member | Trustee | 1 | $0 |
Heather Nelson Board Member | Trustee | 1 | $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 | $16,477 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,477 |
| Total Program Service Revenue | $283,754 |
| Investment income | $0 |
| 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 | $300,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,823 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $138,624 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $49,526 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,368 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,823 |
| 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 | $0 |
| Insurance | $7,929 |
| All other expenses | $0 |
| Total functional expenses | $287,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,020 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $40,020 |
| Net assets with donor restrictions | $0 |
| 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 | $40,020 |
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