Cornerstone Academy Inc in Los Angeles, California (CA)
Table of contents:
Cornerstone Academy Inc | |
Employer Identification Number (EIN) | 770547474 |
Name of Organization | Cornerstone Academy Inc |
In Care of Name | Jacinda S Herrera |
Address | 7651 S Central Ave, Los Angeles, CA 90001-2945 |
Subsection | Charitable Organization |
Ruling Date | 12/2000 |
Deductibility | Contributions are not deductible |
Foundation | School |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 06/2011 |
Assets | $500,000 to $999,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $514,019 |
Amount of Income | $2,106,869 |
Form 990 Revenue Amount | $2,106,869 |
Non-representatives - add comments:
Functional expenses for 2011
Statements Regarding Other IRS Filings and Tax Compliance (for 2011) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $0 |
Gross income from members or shareholders | $0 |
Gross income from other sources | $0 |
Statement of Revenue (for 2011) | |
Total revenue | $2,106,869 |
Contributions, Gifts, Grants and Other Similar Amounts | $2,106,869 |
Program Service Revenue | $0 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $0 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $0 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $0 |
Statement of Functional Expenses (for 2011) | |
Total functional expenses | $2,295,403 |
Compensation of current officers, directors, trustees, and key employees | $15,000 |
Other salaries and wages | $1,055,974 |
Payroll taxes | $29,681 |
Professional fundraising services | $0 |
Other | $1,194,748 |
Balance Sheet (for 2011) | |
Total assets | $514,019 |
Total liabilities | $230,078 |
Tax-exempt bond liabilities | $0 |
Secured mortgages and notes payable to unrelated third parties | $0 |
Unsecured notes and loans payable to unrelated third parties | $0 |
Other | $230,078 |
Total net assets or fund balances | $283,941 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Reason for Public Charity Status (for 2011) | |
The organization is not a private foundation because it is: | A school described in section 170(b)(1)(A)(ii) |
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7 | Cornelia M Moore Free Dental Foundation | 1136 E Montecito St, Santa Barbara, CA 93103-2635 | CA | 1944-10 | $478,059 |
8 | Cornelius Center | 905 Calle Canta, Glendale, CA 91208-3016 | CA | 2004-12 | $1,036 |
9 | Cornell Club Of Los Angeles | 563 29th St, Manhattan Bch, CA 90266-2211 | CA | 1995-10 | $81,128 |
10 | Corner Stone Community Development Corporation | 1395 Bancroft Ave, San Leandro, CA 94577-5103 | CA | 1989-10 | $2,719,861 |
11 | Cornerstone Academy Inc | 7651 S Central Ave, Los Angeles, CA 90001-2945 | CA | 2000-12 | $2,106,869 |
12 | Cornerstone Affiliates | 6120 Stoneridge Mall Road 3rd Fl, Pleasanton, CA 94588-3296 | CA | 2004-02 | $195,424 |
13 | Cornerstone Chapel | 28560 Highpoint Ave, Moreno Valley, CA 92555-7001 | CA | 2003-08 | $13,162 |
14 | Cornerstone Christian Academy Inc | PO BOX 25031, Sn Bernrdno, CA 92406-0631 | CA | 1992-04 | $161,282 |
15 | Cornerstone Christian Academy Of Woodland | 715 El Dorado Dr, Woodland, CA 95695-5622 | CA | 2005-06 | $84,502 |
16 | Cornerstone Christian Baptist Church | 29705 Woodlands Ave, Murrieta, CA 92563-6701 | CA | 2008-02 | $0 |
17 | Cornerstone Church Of Mira Mesa | 10938 Polaris Drive, San Diego, CA 92126 | CA | 2006-05 | $16,466 |
18 | Cornerstone Community Alcohol And | 801 W 7th St, Hanford, CA 93230-4925 | CA | 1994-11 | $376,139 |
19 | Cornerstone Community Care | 1545 Fulton St, Fresno, CA 93721-1611 | CA | 2011-10 | $143,304 |
20 | Cornerstone Community Homes | 58 Mitchell Blvd, San Rafael, CA 94903-2035 | CA | 1984-07 | $2,718,321 |
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