Charity Search / CORNERSTONE SCHOOLS OF ALABAMA INC
Uncategorized IRS Verified DX Registered 990 on File

CORNERSTONE SCHOOLS OF ALABAMA INC

EIN: 63-0948472 · BIRMINGHAM, AL 35212-2420 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

Cornerstone’s Mission is to inspire and develop critically thinking and compassionate young people in a Christ-centered learning community that is committed to academic excellence and character development. We strive to empower students to be responsible and productive citizens of the world, all to the glory of God.

Financial Overview — FY 2024
$11.3M
Total Revenue
$8.6M
Total Expenses
$17.2M
Net Assets
164
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.9%
Fundraising Efficiency N/A
Operating Reserve 23.92x
Liability-to-Asset 4.4%
Revenue Diversification 91.2%
Executive Compensation $285K
Compared with Peers
Peer comparison is not available for this organization.
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $11.3M $8.6M $17.2M 77.9% 164
2023 $9.9M $7.7M $14.3M 88.5% 177
2022 $7.9M $6.8M $12.0M 87.9% 152
2021 $6.8M $5.8M N/A — 132
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Organization Details
EIN
63-0948472
State
AL
City
BIRMINGHAM
ZIP
35212-2420
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1993
Foundation Code
15
Form 990
On File
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