Cornerstone Achievement Academy in Thiensville, Wisconsin (WI)

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Cornerstone Achievement Academy
Employer Identification Number (EIN)391918881
Name of OrganizationCornerstone Achievement Academy
In Care of NameMary Kellner
Address5112 W Highland Rd, Thiensville, WI 53092-1137
ActivitiesPrivate school
SubsectionEducational Organization
Ruling Date11/1998
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2013
Assets$1 to $9,999
Income$0
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1
Amount of Income$885,238
Form 990 Revenue Amount$885,238
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Elementary, Secondary Education, K - 12


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Amount of income in 2013: $885,238 (it was $-544,148 in 2012)
This organization: 

 $885,238
Other organizations performing similar types of work: 

 $665,979

Assets in 2013: $1 (it was $35,470 in 2012)
Cornerstone Achievement Academy: 

 $1
Other organizations performing similar types of work: 

 $666,962

Expenses in 2013: $35,470
Cornerstone Achievement Academy: 

 $35,470
Other organizations performing similar types of work: 

 $734,522

Income to expenses ratio in 2013: 25.0
This organization: 

 25.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: -,nan,(ind)%
This organization: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 96.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$0
Total expenses$35,470
Total net assets$0
Excess/Deficit for the year$-35,470
Net assets or fund balances at beginning of year$35,470
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$0
Balance Sheets
201120122013
Total assets$981,213$35,470$0
Total liabilities$309,922$0$0
Net assets or fund balances$0
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?Yes
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Whitney Academy Inc85 Dr Braley Rd, East Freetown, MA 02717-1816MA1995-10$9,720,876
2Sarasota School Of Arts And Science Inc645 Central Ave, Sarasota, FL 34236-4016FL1997-07$6,489,938
3Two Dimensions Preparatory Academy Inc12121 Veterans Memorial Dr Ste 7, Houston, TX 77067-5201TX1998-08$4,002,008
4Tertulia, Tertulia A Learning Community812 S 6th Ave, Phoenix, AZ 85003-2528AZ1996-04$1,914,223
5West-Mont Christian Academy873 S Hanover St, Pottstown, PA 19465-7521PA1996-06$1,790,895
6West Hernando Christian School Inc2250 Osowaw Blvd, Spring Hill, FL 34607-3812FL1998-01$1,111,146
7Vincent Mastro Montessori Academy Inc35 White Rd, Shrewsbury, NJ 07702-4026NJ1998-07$1,045,829
8W Wyman King Academy1046 Sardis Rd, Batesburg, SC 29006-8240SC1994-11$1,024,617
9Cornerstone Achievement Academy5112 W Highland Rd, Thiensville, WI 53092-1137WI1998-11$885,238
10Vidalia Heritage Academy IncPO BOX 2005, Vidalia, GA 30475-2005GA1998-10$876,687
11Wild Rockies Field Institute Inc, WrfiPO BOX 7071, Missoula, MT 59807-7071MT1995-02$312,337
12Heartland Private School Inc9559 S Castleton Rd, Wyoming, IL 61491-9096IL1998-10$219,777
13School Age Learning Adventure Program Inc6950 Mohawk St, San Diego, CA 92115-1744CA1997-10$194,993
14Walnut Grove Christian Preparatory School Inc651 W Main St, Carmel, IN 46032-1466IN1998-08$110,940
15Sterling Christian School Association116 Ferry St, Prophetstown, IL 61277-1037IL1997-09$848
16General Sikorski Polish Supplementary School In Brooklyn2326 84th St, Brooklyn, NY 11214-3408NY1996-01$38
17Alliance For Urban Schooling Initiatives Inc, Crystal Hills Preparatory Academy813 N Zang Blvd, Dallas, TX 75208-4234TX1998-11$0
18Alpine Christian Academy20449 Highway 82, Basalt, CO 81621-8321CO1995-06$0
19Buena Vista Muslim Academy Inc11551 Ruby Lake Rd, Orlando, FL 32836-6159FL1998-07$0
20Day-Star Foundation910 Mcmahan Ave, Nashville, TN 37216-2127TN1997-09$0
Number of organizations performing similar types of work
Arizona6
California2
Colorado4
Connecticut1
Florida4
Georgia1
Iowa2
Illinois5
Indiana1
Kansas2
Kentucky1
Massachusetts2
Maryland2
Michigan1
Minnesota5
Montana2
North Carolina1
New Jersey1
New Mexico1
Nevada1
New York1
Oregon2
Pennsylvania2
South Carolina1
Tennessee1
Texas11
Virginia1
Wisconsin1
Total65

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