CORNERSTONE SCHOOLS ASSOCIATION

CORNERSTONE SCHOOLS ASSOCIATION

DETROIT, MI, US
501(c)(3)
EIN
38-2995984
School

CORNERSTONE SCHOOLS ASSOCIATION

DETROIT, MI, US
501(c)(3)
EIN
38-2995984
School

Income Statement

Fiscal Year Start:
Aug 1
Revenues in 2024

$911,586

Program Services
92%
Contributions
8%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,454,919

Depreciation
41%
Fees to Service Providers
40%
Other
10%
Offices, Occupancy & IT
5%
Interest
4%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$74,775
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$787,710
$836,787
+6%
Membership Dues
$0
$0
-
Investments
$25
$24
-4%
Other
$0
$0
-
Total Revenues
$787,735
$911,586
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$151,978
$587,188
+286%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$53,034
$73,344
+38%
Interest
$14,034
$52,979
+278%
Depreciation
$520,888
$597,591
+15%
Other
$185,610
$143,817
-23%
Total Expenses
$925,544
$1,454,919
+57%
Net income
2023
2024
Change
Net income
-$137,809
-$543,333
-294%
Functional Expenses
Summary
2023
2024
Change
Program
$862,233
$1,367,321
+59%
Admin
$63,311
$87,598
+38%
Fundraising
$0
$0
-
Total Expenses
$925,544
$1,454,919
+57%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)