Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 84-1843718

CORNERSTONE PREPARATORY SCHOOL INC

Tax-exempt · MADISONVILLE, KY 42431

Financials

$486K$492K2023−$8K$20K2024
Revenue Expenses · by fiscal year end
Financials of CORNERSTONE PREPARATORY SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ-$7,629$19,558-$27,187$18,375–$18,375
June 30, 2024990$486,443$491,796-$5,353$48,495$2,933$45,562
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$16,510
Program service revenue
$1,264
Net gain from sales of assets
-$25,403

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$10,566
Other expenses
$8,992
Program services (functional)
$11,336

Balance sheet and other

Total assets, start of year
$48,752
Total assets, end of year
$18,375
Total liabilities, end of year
–
Net assets, end of year
$18,375
Cash, savings and investments
$2,880
Gross receipts
$17,774

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Amber BakerDirector2$0
Anthony KnightTreasurer2$0
Tim MorganVice President2$0
Ryan SizemoreDirector2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Amber BakerDirector
Trustee or director
2$0
Anthony KnightTreasurer
Trustee or director
2$0
Tim MorganVice President
Trustee or director
2$0
Ryan SizemoreDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
145 EAST CENTER ST, MADISONVILLE, KY 42431-2075
Signed the 990-EZ
Anthony Knight, Treasurer
Phone
(270) 841-7540
Return prepared by
KNIGHT WAGNER PLLC

Mission

Cornerstone Preparatory School offered a distinctly different education for kindergarten through 12th grade. Fully-accredited education was offered through the lens of a Biblical world view which prepares our students for college, career, and life. It is our hope that students who are graduated from Cornerstone Prep will develop exemplary strengths, be ready to succeed in whatever path they choose in life, and fully contribute to our community.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • Initially organized in May 2019, Cornerstone Prep has completed four years of offering fully-accredited education to kindergarten through 12th grade. This education is offered through the lens of a Biblical world view which prepares our students for college, career, and life. Subsequent to the fourth year, the school has closed. The organization will be dissolved upon the distribution of assets for one or more exempt purposes according to the Dissolution Clause of our Articles of Incorporation.
    Expenses $11,336

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990 on file

File the 2025 990-N for CORNERSTONE PREPARATORY SCHOOL INC

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
84-1843718
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
2019
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B20)
Assets (IRS master file)
$18,375
Income (IRS master file)
$17,774

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025-$7,629$19,558$18,375XML
990June 2024$486,443$491,796$48,495IRS
990June 2023$700,483$699,889$56,496IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990-EZJune 2019–––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 PREPARATORY SCHOOL INC

What is the EIN of CORNERSTONE PREPARATORY SCHOOL INC?
The employer identification number (EIN) of CORNERSTONE PREPARATORY SCHOOL INC is 84-1843718.
Is CORNERSTONE PREPARATORY SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to CORNERSTONE PREPARATORY SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORNERSTONE PREPARATORY SCHOOL INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CORNERSTONE PREPARATORY SCHOOL 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 PREPARATORY SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of CORNERSTONE PREPARATORY SCHOOL INC?
The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CORNERSTONE PREPARATORY SCHOOL INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of -$7,629, expenses of $19,558 and total assets of $18,375 at year end.

Other nonprofits in MADISONVILLE

All nonprofits in MADISONVILLE · Kentucky · Education