Public Charity

CORNERSTONE ACADEMY

Based in ARLINGTON, TX, CORNERSTONE ACADEMY operates as a Public Charity. The organization reported $994K in revenue, $558K in expenses, $115K in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $6K.

EIN: 208135048 ARLINGTON, TX Preschools NTEE: B21 Latest filing: 2025
Total Revenue$994K
Total Expenses$558K
Total Assets$115K
Grant Records1
Funding Total$6K
Filing Years2020–2025

Mission

PROVIDING NBSP;EDUCATION NBSP;AND NBSP;TRAINING NBSP;THAT NBSP;WILL NBSP;BE NBSP;LIFE NBSP;TRANSFORMING NBSP;AND NBSP;PREPARING NBSP;STUDENTS NBSP;FOR NBSP;LIFES NBSP;NEXT NBSP;LEVEL

Where $100 goes at Cornerstone Academy

How Cornerstone Academy divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$63 Programs the work itself
$37 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $63 for programs

$32
Program services accomplishment were increase of staff wages, building renovation, signage for marketing, purchase of new playground equipment, and providing financial assistance to parents for tuition
About 50% (cost not reported)
$31
The purpose of the academy s program services accomplishments for the largest program service was for piano lessons added
50% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$5,655

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

ACADEMY DIRECTOR Carla Smith
BOARD MEMBER Cheryl Jones
PRESIDENT Ed Heathley
BOARD MEMBER Gerald Alley
SECRETARY Jenny Howell
BOARD MEMBER Samantha Sells

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,655 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $994K $558K $115K
2024 $388K $1.4M $151K
2023 $1.4M $1.2M $775K
2021 $905K $685K $294K
2020 $296K $540K $89K

Between 2020 and 2025, reported annual revenue grew from $296K to $994K (+236%), with total assets most recently reported at $115K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CORNERSTONE ACADEMY

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