Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 27-2154495

CORNERSTONE CHARTER ACADEMY INC

Tax-exempt · MIAMI, FL 33143

Financials

$17.9M$17.1M2022$21.8M$19.8M2023$20.8M$20.4M2024
Revenue Expenses · by fiscal year end
Financials of CORNERSTONE CHARTER ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$20,845,416$20,400,716$444,700$73,112,366$60,689,123$12,423,243
June 30, 2024990$21,829,115$19,786,009$2,043,106$58,228,183$45,642,697$12,585,486
June 30, 2023990$17,886,563$17,126,441$760,122$56,303,636$45,761,256$10,542,380
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$18,967,954
Investment income
$1,763,594
Other revenue
$113,868

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$10,725,454
Salaries, compensation and benefits (total)
$10,725,454
Professional fundraising fees
$0
Occupancy
$1,651,327
Depreciation
$1,058,488
Program services (functional)
$17,435,889
Management and general (functional)
$2,964,827

Balance sheet and other

Total assets, start of year
$58,228,183
Total assets, end of year
$73,112,366
Total liabilities, end of year
$60,689,123
Net assets, end of year
$12,423,243
Land, buildings and equipment
$33,088,003
Net assets without donor restrictions
$12,423,243
Gross receipts
$20,845,416
Employees
204
Volunteers
1,763
Year formed
2010
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RENEE PANCOASTPRINCIPAL
Key employee
40$166,563
WILLIAM G BROOKSDIRECTOR, BO
Trustee or director, Officer
2$0
SEAN ROBERTSDIRECTOR, VI
Trustee or director, Officer
2$0
CHARLYNE CROSSDIRECTOR, SE
Trustee or director, Officer
2$0
DANIEL SPRINGENTREASURER
Trustee or director, Officer
2$0
ROBERT ALTEMOSEDIRECTOR
Trustee or director
2$0
JANE GIBSONDIRECTOR
Trustee or director
2$0
RALPH ARMSTEADDIRECTOR
Trustee or director
2$0
ALEXA DOWLENDIRECTOR
Trustee or director
2$0
JASON MAYOR CARSONDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
RENNE PANCOASTPRINCIPAL
Trustee or director, Officer
2$164,283
WILLIAM G BROOKSDIRECTOR, BO
Trustee or director, Officer
2$0
DR KEITH VAN DYKEDIRECTOR, VI
Trustee or director, Officer
2$0
CHARLYNE CROSSDIRECTOR, SE
Trustee or director, Officer
2$0
DANIEL SPRINGENTREASURER
Trustee or director, Officer
2$0
DR SHARON VYASDIRECTOR
Trustee or director
2$0
MARC ADYDIRECTOR
Trustee or director
2$0
RALPH ARMSTEADDIRECTOR
Trustee or director
2$0
ALEXA DOWLENDIRECTOR
Trustee or director
2$0
NICHOLAS FOURAKERDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
RENNE PANCOASTPRINCIPAL
Trustee or director, Officer
–$154,463
WILLIAM G BROOKSDIRECTOR, BO
Trustee or director, Officer
2$0
DR KEITH VAN DYKEDIRECTOR, VI
Trustee or director, Officer
2$0
CHARLYNE CROSSDIRECTOR, SE
Trustee or director, Officer
2$0
DANIEL SPRINGENTREASURER
Trustee or director, Officer
2$0
DR SHARON VYASDIRECTOR
Trustee or director
2$0
MARC ADYDIRECTOR
Trustee or director
2$0
RALPH ARMSTEADDIRECTOR
Trustee or director
2$0
ALEXA DOWLENDIRECTOR
Trustee or director
2$0
NICHOLAS FOURAKERDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
6340 SUNSET DR, MIAMI, FL 33143-4836
In care of
% GAYLE A OWENS
Principal officer (990 for 2024)
WILLIAM G BROOKS, 445 W AMELIA STREET, ORLANDO, FL 32801
Signed the 990
WILLIAM G BROOKS, DIRECTOR, BOARD CHAI
Phone
(305) 669-2906
Return prepared by
GARCIA SANTA MARIA DE ARMAS TRUJILLO

Mission

TO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS. THIS IS SUPPORTED BY A RIGOROUS CURRICULUM IN A SAFE, INNOVATIVE SETTING WITH DEDICATED EDUCATORS, STRONG COMMUNITY INVOLVEMENT, EFFECTIVE USE OF TECHNOLOGY, AND OPPORTUNITIES THAT PREPARE STUDENTS FOR COLLEGE, CAREERS, AND CIVIC ENGAGEMENT.
    Expenses $17,435,889 · revenue $18,967,954

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-2154495
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$73,112,366
Income (IRS master file)
$20,845,416

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$20,845,416$20,400,716$73,112,366IRS
990June 2024$21,829,115$19,786,009$58,228,183IRS
990June 2023$17,886,563$17,126,441$56,303,636XML
990June 2022$15,088,339$14,488,929$25,399,169IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2154495).

Questions about CORNERSTONE CHARTER ACADEMY INC

What is the EIN of CORNERSTONE CHARTER ACADEMY INC?
The employer identification number (EIN) of CORNERSTONE CHARTER ACADEMY INC is 27-2154495.
Is CORNERSTONE CHARTER ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to CORNERSTONE CHARTER ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORNERSTONE CHARTER ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CORNERSTONE CHARTER ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CORNERSTONE CHARTER ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CORNERSTONE CHARTER ACADEMY INC?
The 990 for the year ended June 30, 2025 names WILLIAM G BROOKS.
Who are the officers and directors of CORNERSTONE CHARTER ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $166,563 (RENEE PANCOAST, PRINCIPAL).
How much revenue does CORNERSTONE CHARTER ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $20,845,416, expenses of $20,400,716 and total assets of $73,112,366 at year end.

Other nonprofits in MIAMI

All nonprofits in MIAMI · Florida · Education