Overview

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Est.

2011

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Cornerstone Charter Academy A Challenge Foundation Academy Inc is a nonprofit organization focused on charter school education, dedicated to operating a public charter school for the education of children. With an operating budget of $14.8 million and total revenue of $15.7 million for the filing year 2024, the organization receives significant support from key funders including NORTH CAROLINA HIGH SCHOOL ATHLETIC ASSOCIATION INC and Together Each Achieves More NC, with no single funder providing 50% or more of its revenue.

Mission Statement

To operate a public charter school for the education of children.
Revenues
$15.7M
Expenses
$14.8M
Net Income:
+$967.8K
Assets
$40.3M
Liabilities
$41.6M
Net Assets:
-$1.3M
Operating Budget
$14.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$43.5K
Largest grant received
$43.5K
J
Joe Caraher
Board Member
J
John Lawrence
Board Member
C
Claire Dobbs
Board Member
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  • 3 funders
  • 19 board & team members
  • 10 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Cornerstone Charter Academy A Challenge Foundation Academy Inc’s budget?
In 2024, Cornerstone Charter Academy A Challenge Foundation Academy Inc reported an annual operating budget of around $14.8 million. More detailed financial information is available to registered users.
What causes does Cornerstone Charter Academy A Challenge Foundation Academy Inc support?
Cornerstone Charter Academy A Challenge Foundation Academy Inc supports work in Charter school education.
Where does Cornerstone Charter Academy A Challenge Foundation Academy Inc operate?
Cornerstone Charter Academy A Challenge Foundation Academy Inc is headquartered in Greensboro, NC.
Who funded Cornerstone Charter Academy A Challenge Foundation Academy Inc recently?
In 2023, Cornerstone Charter Academy A Challenge Foundation Academy Inc received grants from Cornerstone Charter Academy PTO, Cornerstone Charter Academy PTO, and Cornerstone Charter Academy PTO. More information on this organization’s funders is available to registered users.
What is the largest grant Cornerstone Charter Academy A Challenge Foundation Academy Inc received in 2023?
The largest grant to Cornerstone Charter Academy A Challenge Foundation Academy Inc in 2023 exceeds $44 thousand.
What is Cornerstone Charter Academy A Challenge Foundation Academy Inc’s reliance on government grants?
Cornerstone Charter Academy A Challenge Foundation Academy Inc relied on government grants for more than 90% of their total revenue in 2024.