CORNERSTONE CHRISTIAN ACADEMY

EIN: 922446014 501(c)(3) Education

MAPLE LAKE, MN

Total Revenue
$77,147
Total Expenses
$45,783
Total Assets
$62,348
Net Assets
$62,348
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MN
Principal Officer
ESTHER JOHNSON
Phone
6125983522
Tax Period
2024-01-01 to 2024-12-31

CORNERSTONE CHRISTIAN ACADEMY, founded in 2023, is a micro nonprofit in the Education sector that reported $77K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 41% operating margin.

Mission

TO ASSIST HOMESCHOOL FAMILIES BY PROVIDING CHRIST CENTERED CLASSES AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS AGED 5-18, LED BY QUALIFIED CHRISTIAN INSTRUCTORS, COMMITTED TO A BIBLICAL WORLDVIEW AND INTEGRATION IN THE CLASSROOM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,581
Program Service Revenue $55,562
Investment Income $4
Other Revenue $0
TOTAL REVENUE $77,147

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,783
Other Expenses $45,783
TOTAL EXPENSES $45,783

Year-over-Year Comparison

2024 2023 Change
Revenue $77,147 $40,305 +0.9%
Expenses $45,783 $10,944 +3.2%
Net Income $31,364 $29,361 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE CARL TREASURER N/A
Officer
$0 $0 $0
ESTHER JOHNSON CHAIR N/A
Officer
$0 $0 $0
CHRISTOPHER STRAND VICE CHAIR N/A
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
2024 $77,147 $45,783 $62,348 $31,364
2023 $40,305 $10,944 $29,361 $29,361
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CORNERSTONE CHRISTIAN ACADEMY with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.