Cornerstone Charter Academy A Challenge Foundation Academy Inc

Cornerstone Charter Academy A Challenge Foundation Academy Inc

Greensboro, NC, US
501(c)(3)
EIN
45-4013739
School

Cornerstone Charter Academy A Challenge Foundation Academy Inc

Greensboro, NC, US
501(c)(3)
EIN
45-4013739
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$40,306,094

Property, Plant, & Equipment (net)
48%
Cash & Equivalents
29%
Other Assets
20%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$41,576,549

Notes Payable / Debt (Non-Related)
50%
Other Liabilities
39%
Deferred Revenue
10%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,991,223
$11,853,296
+8%
Receivables (Non-Related)
$1,324,452
$1,001,149
-24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$52,215
$56,305
+8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,998,807
$19,431,360
+2%
Other Assets
$7,467,591
$7,963,984
+7%
Total Assets
$38,834,288
$40,306,094
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$656,489
$591,198
-10%
Grants Payable
-
-
-
Deferred Revenue
$5,571,927
$4,082,786
-27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$21,170,371
$20,686,202
-2%
Related-Party Payables
-
-
-
Other Liabilities
$13,673,728
$16,216,363
+19%
Total Liabilities
$41,072,515
$41,576,549
+1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$2,238,227
-$1,270,455
+43%
Net assets
2023
2024
Change
Net assets
-$2,238,227
-$1,270,455
+43%
Balance Sheet
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)