Alabama · Nonprofit
CORNERSTONE SCHOOLS OF ALABAMA INC
CORNERSTONE SCHOOLS OF ALABAMA INC (Alabama) receives grants from 53 organizations whose IRS filings report $26,770,472 to it, the largest being SCHOLARSHIPS FOR KIDS INC ($18,357,260). 43 of them have funded it in more than one year.
- Revenue FY2025
- $9.4M
- Funders on record
- 53
- Grants received
- $27M
- Net assets
- $18M
What Cornerstone Schools of Alabama Inc does
Mission
To offer access to quality education, development in fine arts, and faith-based character building to children in impoverished neighborhoods in the birmingham area.
As stated on its FY2025 Form 990.
Program
The organization provides an education that has a dual focus on academic achievement and biblical training. This gives students the foundation needed to guide them through today's society and the skills needed to grow each student's talents. With bright minds and strong foundations, students will have opportunities to attend college and serve as their generation's leaders.
$6,631,398 spent$681,337 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,631,398.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $12M to $15M (+27%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 9% · 2018 12% · 2019 8% · 2020 9% · 2021 16% · 2022 20% · 2023 16% · 2024 8% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nita Carr
Executive director
Board chair
Jimmy Ard
Board chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 15 funders to 31 funders, grant income rose $889k → $5.3M.
11 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CORNERSTONE SCHOOLS OF ALABAMA INC’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CORNERSTONE SCHOOLS OF ALABAMA INC leans on a few funders — its largest provides 69% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CORNERSTONE SCHOOLS OF ALABAMA INC.
Largest funder’s share by year: 2017 56% · 2018 35% · 2019 46% · 2020 72% · 2021 77% · 2022 76% · 2023 77% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
61% of CORNERSTONE SCHOOLS OF ALABAMA INC's funders are still giving 3 years after their first grant; 81% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
94% of CORNERSTONE SCHOOLS OF ALABAMA INC's grant income comes from Alabama funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $4.9M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like CORNERSTONE SCHOOLS OF ALABAMA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Alabama
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for CORNERSTONE SCHOOLS OF ALABAMA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CORNERSTONE SCHOOLS OF ALABAMA INC?
- CORNERSTONE SCHOOLS OF ALABAMA INC (Alabama) receives grants from 53 organizations whose IRS filings report $26,770,472 to it, the largest being SCHOLARSHIPS FOR KIDS INC ($18,357,260). 43 of them have funded it in more than one year.
- How many funders does CORNERSTONE SCHOOLS OF ALABAMA INC have?
- IRS filings report 53 organizations giving $26,770,472 in grants to CORNERSTONE SCHOOLS OF ALABAMA INC, 43 of which have funded it in more than one year.
- Who is the largest funder of CORNERSTONE SCHOOLS OF ALABAMA INC?
- SCHOLARSHIPS FOR KIDS INC is the largest funder on record, with $18,357,260 in grants. The full list of funders is on this page.
- How can an organization like CORNERSTONE SCHOOLS OF ALABAMA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Cornerstone Schools of Alabama →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing