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

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$15,718,215

Government Grants
91%
Other
6%
Investments
3%
Program Services
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$14,750,443

Salaries & Benefits
71%
Other
14%
Interest
7%
Depreciation
4%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$53,541
$956
-98%
Government Grants
$13,518,324
$14,256,379
+5%
Fundraising Events
$0
$0
-
Program Services
$58,695
$59,231
+1%
Membership Dues
$0
$0
-
Investments
$384,648
$452,106
+18%
Other
$1,027,233
$949,543
-8%
Total Revenues
$15,042,441
$15,718,215
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,738,894
$10,485,993
+20%
Fees to Service Providers
$16,242
$12,549
-23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$390,202
$515,488
+32%
Interest
$1,135,844
$1,102,915
-3%
Depreciation
$629,776
$622,190
-1%
Other
$1,969,036
$2,011,308
+2%
Total Expenses
$12,879,994
$14,750,443
+15%
Net income
2023
2024
Change
Net income
+$2,162,447
+$967,772
-55%
Functional Expenses
Summary
2023
2024
Change
Program
$9,719,005
$11,557,862
+19%
Admin
$3,136,100
$3,192,581
+2%
Fundraising
$24,889
$0
-100%
Total Expenses
$12,879,994
$14,750,443
+15%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)