Cornerstone Preschool Group
- Assets
- $94.4k
- Revenue
- $425.2k
- Investments
- $0.0
- Employees
- 30
- Location
- Roswell, GA
- Founding
- Data as of
- 12/2023
- 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 12/2023, Cornerstone Preschool Group employed 30 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.
For the year ending 12/2023, Cornerstone Preschool Group generated $425.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $393.5k during the year ending 12/2023. While expenses have increased by 11.1% per year over the past 3 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
2023
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.
STAY AND PLAY IS AN AFTERSCHOOL PROGRAM OFFERED TO CORNERSTONE STUDENTS ENROLLED IN THE 3 YEAR OLD CLASS THROUGH KINDERGARTENT. STAY AND PLAY MEETS TUESDAYS AND THURSDAYS FOR AN HOUR AND A HALF DURING THE ACADEMIC YEAR. CHILDREN ENROLLED IN STAY AND PLAY PRIMARILY HAVE SUPERVISED INDEPENDENT PLAY TIME WITH THEIR PEERS ON THE PLAYGROUND OR A DESIGNATED CLASSROOM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Tammuci Preschool Di | Officer | 40 | $38,027 |
Suzanne Carswell Board Member | Trustee | 6 | $8,042 |
Carley Geren Board Member | Trustee | 4 | $2,220 |
Emily Brown President | OfficerTrustee | 4 | $0 |
Trebor Brown Board Member | Trustee | 1 | $0 |
Lucas Geren 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 | $20,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,885 |
| Total Program Service Revenue | $404,358 |
| 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 | $425,243 |
| 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. | $48,289 |
| Compensation of current officers, directors, key employees. | $3,803 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,815 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $64,664 |
| 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 | $56,305 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,151 |
| 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 | $10,310 |
| All other expenses | $0 |
| Total functional expenses | $393,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,437 |
| 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 | $94,437 |
| 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 | $94,437 |
| 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 | $94,437 |