EIN 27-0634528

Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

IRS 501(c) type
501(c)(3)
Num. employees
701
Year formed
2009
Most recent tax filings
2021-06-01
NTEE code, primary
Description
Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools provide quality educational, operational, financial, and management services to public school academies and other institutions. They offer comprehensive operational services that enable charter schools in the metro Detroit area to maximize their effectiveness in providing a quality education to all students.
Also known as...
Three Pillars An Educational Services Provider; Cornerstone Charter Schools
Total revenues
$27,789,586
2021
Total expenses
$26,704,005
2021
Total assets
$4,279,920
2021
Num. employees
701
2021

Program areas at Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

Cornerstone Education Group provided comprehensive operational services to Charter Schools operating in the metro detroit area. Cornerstone's activities allow these Charter Schools to maximize their effectiveness in providing a quality Education to all students at the lowest possible cost. Cornerstone Education Group specializes in creative Educational programming that focuses on the concept that learning comes from passion. This process is constantly evolving to mirror Educational, individual, and societal shifts, providing a high-tech, engaging learning experience designed to help children on all levels. Cornerstone supplies every program and Service necessary to ensure student success, including specialized instruction in the areas of character and community Service Education. At Cornerstone, we are motivated by a desire to see students thrive and fulfill their unique potential. We also serve as the employer for the Charter Schools' staff, which provides a mechanism for the Schools to generate employee benefit programs in a cost effective manner.

Who funds Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The New Common School FoundationSupport Urban Children$1,238,214
Lear Corporation Charitable FoundationSupport$150,000
Ford Motor Company FundEconomic Mobility$100,000
...and 4 more grants received

Personnel at Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

NameTitleCompensation
Clark DurantChief Executive Officer / Chairman / Board Member$0
Jim O'DonnellChief Financial Officer
Tina KozakChief Marketing Officer
Maggie DurantChief Strategy and Design Officer
Sharon MaierVice President Institutional Advancement
...and 17 more key personnel

Financials for Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

RevenuesFYE 06/2021
Total grants, contributions, etc.$27,789,586
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$27,789,586

Form 990s for Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

Fiscal year endingDate received by IRSFormPDF link
2021-062022-07-18990View PDF
2020-062021-05-18990View PDF
2019-062020-09-29990View PDF
2018-062019-10-12990View PDF
2017-062018-11-15990View PDF
...and 6 more Form 990s

Organizations like Cornerstone Education Group Cornerstone Charter Schools Management Company and Cornerstone Charter Schools

OrganizationLocationRevenue
James Irwin Charter SchoolsColorado Springs, CO$25,409,536
Intrinsic SchoolsChicago, IL$32,748,254
Esperanza Cyber Charter School (ECCS)Philadelphia, PA$21,770,482
Partnerships to Uplift Communities Incorporated (PUC)Burbank, CA$27,459,696
Tindley SchoolsIndianapolis, IN$16,470,564
California Online Public SchoolsSan Juan Capistrano, CA$106,001,615
Open Sky EducationWaukesha, WI$7,214,087
Purpose Built Schools AtlantaAtlanta, GA$33,568,878
Synergy AcademiesLos Angeles, CA$25,797,227
Clackamas Charter AllianceHappy Valley, OR$8,879,959
Data update history
August 25, 2024
Received grants
Identified 4 new grant, including a grant for $1,238,214 from The New Common School foundation
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Ford Motor Company Fund
August 29, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Received grants
Identified 6 new grant, including a grant for $100,000 from Ford Motor Company Fund
May 9, 2023
Received grants
Identified 2 new grant, including a grant for $150,000 from Lear Corporation Charitable Foundation
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
306 E 4th St
Royal Oak, MI 48067
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
cornerstoneschools.org/ 
Phone
(248) 439-6228
Facebook page
CornerstoneCharterSchools 
IRS details
EIN
27-0634528
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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