Nonprofit · EIN 27-2154495
CORNERSTONE CHARTER ACADEMY INC
Tax-exempt · MIAMI, FL 33143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,845,416 | $20,400,716 | $444,700 | $73,112,366 | $60,689,123 | $12,423,243 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $18,967,954
- Investment income
- $1,763,594
- Other revenue
- $113,868
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $10,725,454
- Salaries, compensation and benefits (total)
- $10,725,454
- Professional fundraising fees
- $0
- Occupancy
- $1,651,327
- Depreciation
- $1,058,488
- Program services (functional)
- $17,435,889
- Management and general (functional)
- $2,964,827
Balance sheet and other
- Total assets, start of year
- $58,228,183
- Total assets, end of year
- $73,112,366
- Total liabilities, end of year
- $60,689,123
- Net assets, end of year
- $12,423,243
- Land, buildings and equipment
- $33,088,003
- Net assets without donor restrictions
- $12,423,243
- Gross receipts
- $20,845,416
- Employees
- 204
- Volunteers
- 1,763
- Year formed
- 2010
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENEE PANCOAST | PRINCIPAL Key employee | 40 | $166,563 |
| WILLIAM G BROOKS | DIRECTOR, BO Trustee or director, Officer | 2 | $0 |
| SEAN ROBERTS | DIRECTOR, VI Trustee or director, Officer | 2 | $0 |
| CHARLYNE CROSS | DIRECTOR, SE Trustee or director, Officer | 2 | $0 |
| DANIEL SPRINGEN | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT ALTEMOSE | DIRECTOR Trustee or director | 2 | $0 |
| JANE GIBSON | DIRECTOR Trustee or director | 2 | $0 |
| RALPH ARMSTEAD | DIRECTOR Trustee or director | 2 | $0 |
| ALEXA DOWLEN | DIRECTOR Trustee or director | 2 | $0 |
| JASON MAYOR CARSON | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6340 SUNSET DR, MIAMI, FL 33143-4836
- In care of
- % GAYLE A OWENS
- Principal officer (990 for 2024)
- WILLIAM G BROOKS, 445 W AMELIA STREET, ORLANDO, FL 32801
- Signed the 990
- WILLIAM G BROOKS, DIRECTOR, BOARD CHAI
- Phone
- (305) 669-2906
- Return prepared by
- GARCIA SANTA MARIA DE ARMAS TRUJILLO
Mission
TO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS.
Program accomplishments
- TO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS. THIS IS SUPPORTED BY A RIGOROUS CURRICULUM IN A SAFE, INNOVATIVE SETTING WITH DEDICATED EDUCATORS, STRONG COMMUNITY INVOLVEMENT, EFFECTIVE USE OF TECHNOLOGY, AND OPPORTUNITIES THAT PREPARE STUDENTS FOR COLLEGE, CAREERS, AND CIVIC ENGAGEMENT.Expenses $17,435,889 · revenue $18,967,954
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2154495
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $73,112,366
- Income (IRS master file)
- $20,845,416
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $17,886,563 | $17,126,441 | $56,303,636 | IRS |
| 990 | June 2022 | $15,088,339 | $14,488,929 | $25,399,169 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about CORNERSTONE CHARTER ACADEMY INC
- What is the EIN of CORNERSTONE CHARTER ACADEMY INC?
- The employer identification number (EIN) of CORNERSTONE CHARTER ACADEMY INC is 27-2154495.
- Is CORNERSTONE CHARTER ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to CORNERSTONE CHARTER ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE CHARTER ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORNERSTONE CHARTER ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE CHARTER ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CORNERSTONE CHARTER ACADEMY INC?
- The 990 for the year ended June 30, 2025 names WILLIAM G BROOKS.
- Who are the officers and directors of CORNERSTONE CHARTER ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $166,563 (RENEE PANCOAST, PRINCIPAL).
- How much revenue does CORNERSTONE CHARTER ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,845,416, expenses of $20,400,716 and total assets of $73,112,366 at year end.
Other nonprofits in MIAMI
- MATER ACADEMY INC EIN 65-0857507 · last filed 990 for 2025
- PINECREST ACADEMY INC EIN 65-1018632 · last filed 990 for 2025
- BRIDGEPREP ACADEMY INC EIN 27-0557724 · last filed 990 for 2025
- MIAMI COUNTRY DAY SCHOOL INC EIN 59-1278987 · last filed 990 for 2025
- DORAL ACADEMY INC EIN 65-0944569 · last filed 990 for 2025
- FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC EIN 23-7047106 · last filed 990 for 2025
- ACADEMIR CHARTER SCHOOLS INC EIN 27-1986282 · last filed 990 for 2025
- MIAMI DADE COLLEGE FOUNDATION INC EIN 59-6169745 · last filed 990 for 2025