CORNERSTONE CHRISTIAN ACADEMY

CORNERSTONE CHRISTIAN ACADEMY

WILLOUGHBY HILLS, OH, US
501(c)(3)
EIN
31-1549327
School

CORNERSTONE CHRISTIAN ACADEMY

WILLOUGHBY HILLS, OH, US
501(c)(3)
EIN
31-1549327
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$4,391,762

Program Services
96%
Investments
2%
Other
1%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$4,264,165

Salaries & Benefits
63%
Other
20%
Offices, Occupancy & IT
16%
Depreciation
1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$133,466
$42,117
-68%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$3,273,089
$4,204,748
+28%
Membership Dues
$0
$0
-
Investments
$33,027
$89,592
+171%
Other
$882,351
$55,305
-94%
Total Revenues
$4,321,933
$4,391,762
+2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,499,848
$2,673,527
+7%
Fees to Service Providers
$4,864
$13,875
+185%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$397,307
$667,705
+68%
Interest
$0
$0
-
Depreciation
$0
$52,396
-
Other
$568,956
$856,662
+51%
Total Expenses
$3,470,975
$4,264,165
+23%
Net income
2023
2024
Change
Net income
+$850,958
+$127,597
-85%
Functional Expenses
Summary
2023
2024
Change
Program
$2,917,173
$3,389,007
+16%
Admin
$553,802
$875,158
+58%
Fundraising
$0
$0
-
Total Expenses
$3,470,975
$4,264,165
+23%
Income Statement
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