CORNERSTONE SCHOOLS OF ALABAMA INC

CORNERSTONE SCHOOLS OF ALABAMA INC

Birmingham, AL, US
501(c)(3)
EIN
63-0948472
School

CORNERSTONE SCHOOLS OF ALABAMA INC

Birmingham, AL, US
501(c)(3)
EIN
63-0948472
School

Overview

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Est.

1987

Fiscal Year Start

Aug 1

Organization Type

Grantseeker
AI Summary
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Cornerstone Schools of Alabama Inc, with an EIN of 63-0948472, is a nonprofit organization dedicated to providing access to quality education, fine arts development, and faith-based character building for children in impoverished neighborhoods in the Birmingham area. With an operating budget of $8.6 million and total revenue of $11.3 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.csalabama.org.

Mission Statement

TO OFFER ACCESS TO QUALITY EDUCATION, DEVELOPMENT IN FINE ARTS, AND FAITH-BASED CHARACTER BUILDING TO CHILDREN IN IMPOVERISHED NEIGHBORHOODS IN THE BIRMINGHAM AREA.
Revenues

$11.3M

Expenses

$8.6M

Net Income:
+$2.7M
Assets

$18M

Liabilities

$786K

Net Assets:
+$17.2M
Operating Budget

$8.6M

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

21

Median grant size
$10K
Largest grant received
$4.9M
N
Nita Carr
Board Member
P
Paul Wells
Board Member
M
Marcus Kennedy
Board Member

Frequently Asked Questions

What is CORNERSTONE SCHOOLS OF ALABAMA INC’s budget?
In 2024, CORNERSTONE SCHOOLS OF ALABAMA INC reported an annual operating budget of around $8.6 million. More detailed financial information is available to registered users.
What causes does CORNERSTONE SCHOOLS OF ALABAMA INC support?
CORNERSTONE SCHOOLS OF ALABAMA INC supports work in Education.
Where does CORNERSTONE SCHOOLS OF ALABAMA INC operate?
CORNERSTONE SCHOOLS OF ALABAMA INC is headquartered in Birmingham, AL.
Who funded CORNERSTONE SCHOOLS OF ALABAMA INC recently?
In 2024, CORNERSTONE SCHOOLS OF ALABAMA INC received grants from SCHOLARSHIPS FOR KIDS INC, NATL CHRISTIAN CHARITABLE FDN INC, and THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM. More information on this organization’s funders is available to registered users.
What is the largest grant CORNERSTONE SCHOOLS OF ALABAMA INC received in 2024?
The largest grant to CORNERSTONE SCHOOLS OF ALABAMA INC in 2024 exceeds $4.9 million.
What is CORNERSTONE SCHOOLS OF ALABAMA INC’s reliance on government grants?
CORNERSTONE SCHOOLS OF ALABAMA INC relied on government grants for more than 5% of their total revenue in 2024.
Overview
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