CORNERSTONE CHRISTIAN ACADEMY OF MCLEAN CO INC

EIN: 364164644 501(c)(3) Education

BLOOMINGTON, IL

Total Revenue
$5,164,470
Total Expenses
$4,770,161
Total Assets
$9,057,765
Net Assets
$8,742,199
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Principal Officer
TOM HALL
Phone
3098294303
Tax Period
2023-07-01 to 2024-06-30

CORNERSTONE CHRISTIAN ACADEMY OF MCLEAN CO INC, founded in 1997, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $4.8M left a modest 8% surplus.

Mission

CORNERSTONE CHRISTIAN ACADEMY IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL THAT EXISTS TO GLORIFY THE LORD JESUS CHRIST BY CHALLENGING ITS STUDENTS TO KNOW HIM AS LORD, TO THINK BIBLICALLY, AND TO GROW IN KNOWLEDGE AND SKILL THAT THEY MAY SERVE AND INFLUENCE THE WORLD IN HIS NAME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $950,113
Program Service Revenue $4,164,411
Investment Income $18,963
Other Revenue $30,983
TOTAL REVENUE $5,164,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,795,977
Fundraising Expenses $83,724
Program Expenses $3,801,786
Other Expenses $974,184
TOTAL EXPENSES $4,770,161

Year-over-Year Comparison

2023 2022 Change
Revenue $5,164,470 $7,051,100 -0.3%
Expenses $4,770,161 $4,582,047 +0.0%
Net Income $394,309 $2,469,053 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
126
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$74,846
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM HALL PRESIDENT 1.00
Officer Director
$0 $0 $0
CANDICE ADAMS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ALICIA WILSON TREASURER 1.00
Officer Director
$0 $0 $0
JEFF FRITZEN SECRETARY 1.00
Officer Director
$0 $0 $0
TODD HAYNES DIRECTOR 0.50
Director
$0 $0 $0
LORI HEIL DIRECTOR 0.50
Director
$0 $0 $0
JOSH MAST DIRECTOR 0.50
Director
$0 $0 $0
BETH SONDGEROTH HEAD OF SCHOOL 40.00
Officer
$74,846 $0 $74,846
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $5,164,470 $4,770,161 $9,057,765 $394,309
2023 $7,051,100 $4,582,047 $8,655,268 $2,469,053
2022 $4,931,112 $3,913,952 $7,060,087 $1,017,160
2021 $4,061,635 $3,752,579 $6,508,392 $309,056
2020 $3,171,082 $3,694,990 $6,726,801 $-523,908
2019 $3,186,432 $3,628,370 $6,832,742 $-441,938
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