Charity Search / CORNERSTONE ACADEMY
Education (B99B) IRS Verified DX Registered

CORNERSTONE ACADEMY

EIN: 36-3964772 · OAK PARK, IL 60304 · United States · FY 2023 Data
5 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

Cornerstone Academy opened its doors in 1994, in the Chicago Austin neighborhood, as a response to the staggering 70% high school dropout rate of the time. In 2000, we moved to the new Cornerstone Center on the Near North Side of Chicago where we shared a space with other not-for-profit organizations that supported our students: Young Life, which provides after-school programming, camping, and Bible studies; Cornerstone Children’s Learning Center, which provides Work Study internships; and LaSalle Street Church, which provides pastoral leadership and care. Most recently, in 2021, we relocated to Oak Park to establish a centralized location for serving both city and near-West side students. In a sense, we’ve come back to our roots. Our mission is to provide a supportive Christian education for students who may benefit from personalized attention as they work toward a high school diploma while developing tools for self-sufficiency and a Christian life ethic.

Financial Overview — FY 2023
$343K
Total Revenue
$343K
Total Expenses
$172K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.5%
Fundraising Efficiency 0.0%
Operating Reserve 6.02x
Liability-to-Asset 20.3%
Revenue Diversification 68.4%
Impact
6 programs
Outcome / Program People Served Cost / Service # Completed Duration
High School Graduation 240 $7,000.00 Lifetime
High School Graduation 240 $7,000.00 Lifetime
Healthy Kids 240 $100.00 Lifetime
240 Graduates over 29 years 240 $7,000.00 Lifetime
High School Graduation 235 $7,000.00 Lifetime
High School Graduation 240 $7,000.00 Lifetime
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $343K $343K $172K 77.5% 9
2022 $458K $422K N/A 7
Donor Reviews
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
36-3964772
State
IL
City
OAK PARK
ZIP
60304
NTEE Code
B99B
Category
Education
Rating
82★
Last Updated
Oct 2025
IRS Ruling Year
1994
Foundation Code
11
Back to Search New Search