2024-05-14T20:23:25-05:00 2023-06-30 824176202 BG ADVISORS CPA LTD 1775 LEGACY CIRCLE NAPERVILLE IL 60563 990 2022-07-01 363964772 CORNERSTONE ACADEMY CORN 3126000953 607 HARVARD STREET OAK PARK IL 60304 RICHARD VANDER MOLEN MEMBER 3126000953 2024-05-14 1 RICHARD VANDER MOLEN 999009999 0 SACHIN GANDHI P01424067 6305051081 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD VANDER MOLEN 607 HARVARD STREET OAK PARK IL 60304 380451 0 X WWW.CORNERSTONECHICAGO.ORG X 1996 IL THE MISSION OF CORNERSTONE ACADEMY IS TO PROVIDE STUDENTS WITH AN INTENTIONALLY SMALL CHRISTIAN HIGH SCHOOL EXPERIENCE THAT IS PERSONALIZED, COMPREHENSIVE, AND LEADS TOWARD A DIPLOMA, A CHRISTIAN MORAL CODE, AND TOOLS FOR SELF-SUFFICIENCY. 9 9 9 6 0 0 263464 234473 58596 67996 0 0 135862 40298 457922 342767 0 0 0 0 262911 238605 0 0 21158 159256 104390 422167 342995 35755 -228 196756 215996 24470 43938 172286 172058 X THE MISSION OF CORNERSTONE ACADEMY IS TO PROVIDE STUDENTS WITH AN INTENTIONALLY SMALL CHRISTIAN HIGH SCHOOL EXPERIENCE THAT IS PERSONALIZED, COMPREHENSIVE, AND LEADS TOWARD A DIPLOMA, A CHRISTIAN MORAL CODE, AND TOOLS FOR SELF-SUFFICIENCY. 0 0 265951 CORNERSTONE ACADEMY PROVIDES STUDENTS WITH AN INTENTIONALLY SMALL CHRISTIAN HIGH SCHOOL EXPERIENCE THAT IS PERSONALIZED, COMPREHENSIVE, AND LEADS TOWARD A DIPLOMA, A CHRISTIAN MORAL CODE, AND TOOLS FOR SELF-SUFFICIENCY.THE CORNERSTONE ACADEMY WORK STUDY PROGRAM (THE "WORK STUDY PROGRAM") WAS FORMED DURING THE FISCAL YEAR ENDED JUNE 30, 2009. THE WORK STUDY PROGRAM PLACES ACADEMY STUDENTS AT CORPORATE SPONSOR JOB SITES ONE DAY A WEEK THROUGHOUT THE SCHOOL YEAR. CORPORATE SPONSORS TAKE 1 TO 5 STUDENT-WORKERS FOR A FEE OF $3,000 PER YEAR, PER STUDENT. THE STUDENTS GAIN WORK EXPERIENCE AND EARN MONEY THAT REDUCES THEIR SCHOOL COSTS; THE CORPORATE SPONSORS RECEIVE ENTRY-LEVEL CLERICAL WORKERS AT A COMPETITIVE PRICE. 265951 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 9 1 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X JEFFERY FIELDS 3125738854 607 HARVARD STREET OAK PARK IL 60304 RICHARD VANDER MOLEN VICE-TREASURER 3.00 X X 0 0 0 WILLIAM SEITZ DIRECTOR 20.00 X 24166 0 0 ED MASON DIRECTOR 3.00 X 0 0 0 CASSIE ENG SECRETARY 3.00 X X 0 0 0 TIFFANY BOERIO DIRECTOR 3.00 X 0 0 0 CLARENCE HOWARD VICE-PRESIDENT 3.00 X X 0 0 0 JEFFERY FIELDS PRINCIPAL 40.00 X 55416 0 0 PEGGY SNOWDEN PRESIDENT 3.00 X X 0 0 0 JORDAN BLEY TREASURER 3.00 X 0 0 0 79582 0 0 0 0 0 0 0 234473 234473 TUITION AND FEES 64996 64996 WORK STUDY PROGRAM 3000 3000 67996 77955 37684 40271 40271 MISCELLANEOUS 27 27 27 342767 68023 0 40271 221114 183768 21647 15699 17491 14537 1712 1242 11275 11275 36500 30335 3573 2592 5336 4435 522 379 3676 1096 2486 94 CONTRACT SERVICES 12153 10100 1190 863 PROFESSIONAL FEES 8370 8370 EQUIP LEASE, MAINT, AND 4065 3378 398 289 FEES AND DUES 3200 3200 19815 15102 4713 342995 265951 55886 21158 137905 131677 790 35106 11277 5830 140565 97182 46784 43383 196756 215996 24470 43938 24470 43938 X 172286 172058 172286 172058 196756 215996 -228 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77850 77850 0 62715 19332 43383 43383 X 342767 0 342767 0 342767 342994 0 342994 0 342994 PART X, LINE 2: THE ACADEMY'S MANAGEMENT HAS DETERMINED THAT FASB ASC 740-10, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, HAS NO EFFECT ON ITS FINANCIAL STATEMENTS DUE TO THE ACADEMY'S TAX-EXEMPT STATUS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE IS GIVEN ON-SITE AND IN THE LITERATURE. X X X X X X IL FALL BENEFIT 48999 48999 21334 SPRING AUCTION 28956 28956 16350 77955 77955 37684 37684 40271 FORM 990, PART VI, SECTION A, LINE 2 LINE 2 EXPLANATION - THE SPOUSE OF A DIRECTOR IS AN EMPLOYEE OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMITTAL. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER IS REQUIRED TO SIGN A WRITTEN STATEMENT DECLARING WHETHER OR NOT HE OR SHE HAS A KNOWN CONFLICT OF INTEREST. FURTHERMORE, THE BOARD COLLECTIVELY MONITORS THE ACTIVITY OF THE ORGANIZATION TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES COMPARABILITY DATA TO DETERMINE THE SALARIES OF KEY EMPLOYEES AND STAFF. THE BOARD USES COMPARABILITY DATA TO DETERMINE THE SALARIES OF KEY EMPLOYEES AND STAFF. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AND THE AUDIT REPORT IS POSTED ON THE WEB-SITE OF THE ILLINOIS ATTORNEY GENERAL, WHICH IS ACCESSIBLE TO THE GENERAL PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. CORNERSTONE ACADEMY WORK STUDY PROGRAM 607 HARVARD STREET OAK PARK IL 60304 263196259 WORK STUDY PROGRAM IL 501(C)3 CORNERSTONE ACADEMY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0