Nonprofit · EIN 87-2434586
CORNERSTONE HOMESCHOOL ENRICHMENT INC
Tax-exempt · PAOLA, KS 66071
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $99,271 | $53,383 | $45,888 | $159,495 | $0 | $159,495 |
| December 31, 2024 | 990-EZ | $73,416 | $45,519 | $27,897 | $116,973 | $3,366 | $113,607 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $23,967
- Program service revenue
- $73,669
- Investment income
- $1,635
Expenses
- Compensation of officers, directors and key employees
- $37,006
- Salaries, compensation and benefits (total)
- $36,557
- Professional fees and payments to contractors
- $4,468
- Occupancy
- $2,250
- Other expenses
- $10,108
- Program services (functional)
- $45,888
Balance sheet and other
- Total assets, start of year
- $116,973
- Total assets, end of year
- $159,495
- Total liabilities, end of year
- $0
- Net assets, end of year
- $159,495
- Cash, savings and investments
- $158,639
- Gross receipts
- $99,271
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Emily Wheeler-Helms | Teacher | 8 | $6,556 |
| Cheryl Grout | Teacher/Board Member | 8 | $5,946 |
| Patricia Ludwick | Teacher | 6 | $4,283 |
| Dallas Dyer | Music Teacher | 6 | $4,183 |
| Cynthia Schmidt | Art Teacher | 2 | $3,786 |
| Sarah Bergman | Teacher/Board Member | 7 | $3,514 |
| Carrie Loar | Assistant | 6 | $3,492 |
| Saphronia Phipps | Director/Board Member | 12 | $3,000 |
| Alisha Eastin | Teacher | 6 | $2,246 |
| Brad Phipps | Board Chair | 1 | $0 |
| Heidi R Wickersham | Board Member | 0 | $0 |
| Larry K Phipps | Board Member | 0 | $0 |
| Sarah Foster | Board Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cheryl Grout | Teacher/Board Member | 8 | $7,200 |
| Emily Wheeler-Helms | Teacher | 8 | $5,760 |
| Sarah Bergman | Teacher/Board Member | 7 | $5,263 |
| Dallas Dyer | Music Teacher | 6 | $2,731 |
| Cynthia Schmidt | Art Teacher | 2 | $2,729 |
| Patricia Ludwick | Teacher | 6 | $2,663 |
| Alisha Eastin | Teacher | 6 | $2,623 |
| Carrie Loar | Assistant | 4 | $1,340 |
| Brad Phipps | Board Chair | 1 | $0 |
| Saphronia Phipps | Director/Board Member | 12 | $0 |
| Heidi R Wickersham | Board Member | 0 | $0 |
| Larry K Phipps | Board Member | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 25320 W 247TH ST, PAOLA, KS 66071-5571
- In care of
- % BRADLY K PHIPPS
- Mailing address (990-N for 2023)
- 25320 W 247TH ST, PAOLA KS 66071
- Principal officer (990-N for 2023)
- BRADLY K PHIPPS, 25320 W 247TH ST, PAOLA KS 66071
- Signed the 990-EZ
- BRADLY K PHIPPS, PRESIDENT
- Phone
- (913) 226-5577
- Return prepared by
- SAM BOAN ACCOUNTANT
Mission
Affordable, Quality, Christ-Centered, Education for grades K-5th
Program accomplishments
- 50 children from 31 families were instructed in coresubjects such as math, reading, and writing. In enrichmentsubjects such as music, art, spanish and sign language.Expenses $45,888
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-2434586
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $159,495
- Income (IRS master file)
- $99,271
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $99,271 | $53,383 | $159,495 | XML |
| 990-EZ | December 2024 | $73,416 | $45,519 | $116,973 | XML |
| 990-N for 2023 Officer: BRADLY K PHIPPS | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: BRADLY K PHIPPS | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 87-2434586).
Questions about CORNERSTONE HOMESCHOOL ENRICHMENT INC
- What is the EIN of CORNERSTONE HOMESCHOOL ENRICHMENT INC?
- The employer identification number (EIN) of CORNERSTONE HOMESCHOOL ENRICHMENT INC is 87-2434586.
- Is CORNERSTONE HOMESCHOOL ENRICHMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CORNERSTONE HOMESCHOOL ENRICHMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORNERSTONE HOMESCHOOL ENRICHMENT 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 HOMESCHOOL ENRICHMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORNERSTONE HOMESCHOOL ENRICHMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of CORNERSTONE HOMESCHOOL ENRICHMENT INC?
- The 990-N for 2023 names BRADLY K PHIPPS.
- Who are the officers and directors of CORNERSTONE HOMESCHOOL ENRICHMENT INC?
- The 990-EZ for the year ended December 31, 2025 lists 13 people; 9 received compensation from the organization, the highest $6,556 (Emily Wheeler-Helms, Teacher).
- How much revenue does CORNERSTONE HOMESCHOOL ENRICHMENT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $99,271, expenses of $53,383 and total assets of $159,495 at year end.
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