Public Charity

CORNERSTONE SCHOOLS ASSOCIATION

Based in DETROIT, MI, CORNERSTONE SCHOOLS ASSOCIATION operates as a Public Charity. The organization reported $912K in revenue, $1.5M in expenses, $7.4M in total assets for fiscal year 2024. Imperigo tracks 41 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 382995984 DETROIT, MI Latest filing: 2024
Total Revenue$912K
Total Expenses$1.5M
Total Assets$7.4M
Grant Records41
Funding Total$1.2M
Filing Years2020–2024

Mission

CORNERSTONE WILL, THROUGH PARTNERSHIP WITH FAMILIES, SCHOOLS, THE BUSINESS COMMUNITY, AND A BROAD AND BELOVED COMMUNITY, SUPPORT THE EFFORT TO BUILD A MODEL OF EXCELLENCE IN URBAN EDUCATION BY ENCOURAGING THE CREATION OF CENTERS OF HOPE FOR THE CHILDREN OF DETROIT WHICH WILL PREPARE STUDENTS TO LIVE THE COMPLETE LIFE THROUGH ACADEMICS, ATHLETICS AND AFTER SCHOOL ACTIVITIES.

Officers & Directors

DIRECTOR Carol Mansfield
DIRECTOR Joe Thorrez
DIRECTOR Kathleen Thorrez
CHAIRMAN Mike Carr
DIRECTOR Tatiana Grant

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$244,500 12 grants
TO SUPPORT EDUCATION
$225,000 3 grants
GROWTH
$215,000 6 grants
For grant recipient's exempt purposes
$120,900 4 grants
COMMUNITY INVESTMENT
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $912K $1.5M $7.4M
2023 $788K $926K $8.1M
2022 $793K $1.1M $8.4M
2021 $1.1M $1.4M $8.8M
2020 $1.3M $1.2M $9.1M

Between 2020 and 2024, reported annual revenue declined from $1.3M to $912K (-28%), with total assets most recently reported at $7.4M.

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

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