CORNERSTONE CHRISTIAN ACADEMY

EIN: 871242128 501(c)(3) Education

TURNERSVILLE, NJ

Total Revenue
$544,419
Total Expenses
$581,690
Total Assets
$96,604
Net Assets
$-44,130
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NJ
Phone
8778295500
Tax Period
2025-01-01 to 2025-12-31

CORNERSTONE CHRISTIAN ACADEMY, founded in 2021, is a small nonprofit in the Education sector that reported $544K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

CORNERSTONE CHRISTIAN ACADEMY WILL PROVIDE ONSITE GENERAL EDUCATION FOR ENROLLED CHILDREN. THE PROGRAM WILL BE OFFERED TO CHILDREN IN PRESCHOOL THROUGH 8TH GRADE. PROGRAM WILL RUN FROM SEPTEMBER TO JUNE AND WILL OPERATE MONDAY THROUGH FRIDA, WITH THE EXCEPTION OF HOLIDAYS

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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 (2025)

Revenue Breakdown

Contributions & Grants $57,614
Program Service Revenue $490,212
Investment Income $0
Other Revenue $-3,407
TOTAL REVENUE $544,419

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,742
Fundraising Expenses $0
Program Expenses $580,471
Other Expenses $86,948
TOTAL EXPENSES $581,690

Year-over-Year Comparison

2025 2024 Change
Revenue $544,419 $435,583 +0.2%
Expenses $581,690 $478,531 +0.2%
Net Income $-37,271 $-42,948 -0.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
34
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
2
$0
Total Directors
2
$40,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINA SCHAEFER Director 40.00
Director
$40,000 $0 $40,000
WAYNE ERRIG BOARD MEMBER 5.00
Director
$0 $0 $0
GARY CLARK President 5.00
Officer
$0 $0 $0
ROBERT SIMCOX SECRETARY/TREAS 5.00
Officer
$0 $0 $0
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 $544,419 $581,690 $96,604 $-37,271
2024 $435,583 $478,531 $122,302 $-42,948
2023 $375,099 $363,674 $108,906 $11,425
2022 $360,765 $379,484 $95,046 $-18,719
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