Education
(B20)
IRS Verified
DX Registered
990 on File
CORNERSTONE PREPARATORY ACADEMY
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$3.8M
Total Revenue
$3.6M
Total Expenses
$5.1M
Net Assets
83
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.4%
Fundraising Efficiency
0.0%
Operating Reserve
16.83x
Liability-to-Asset
57.5%
Revenue Diversification
97.3%
Compared with Peers
FY 2023
Compared with 11,226 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.4% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.6% | 13.0% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 64.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.8 mo | 8.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
57.5% | 23.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.3% | 90.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-1.5% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.6% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.5% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.8M | $3.6M | $5.1M | 81.4% | 83 |
| 2022 | $3.9M | $3.3M | $4.9M | 83.1% | 69 |
| 2021 | $3.8M | $3.3M | N/A | — | 79 |
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