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Filing year 2023

Cornerstone Academy

Oak Park, Illinois·EIN 36-3964772·NTEE B99B · Education·501(c)(3)
Total revenue
$340k
Total assets
$275k
Total expenses
$320k
Reported officers
9
Mission

Our mission is to provide a supportive Christian education for students who may benefit from personalized attention as they work toward a high school diploma while developing tools for self-sufficiency and a Christian life ethic.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

Principal
Board Member
75th to 90th percentile
$70k
$78k
Director
Board Member
25th percentile to median
$22k
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Cornerstone Academy equaled 22% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
22%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 26%
from 2022

From $55k in 2022 to $70k in 2023.

$55k
2022
$70k
2023
In today's dollarsEst.
Up 22% in real terms$63k to $78k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 26% from 2022 to 2023, while revenue fell 1%.

$55k in 2022 to $70k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Cornerstone Academy

What does the Board Member of Cornerstone Academy earn?

In 2023, the Board Member of Cornerstone Academy received $70,000 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Cornerstone Academy compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Board Member at Cornerstone Academy falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Cornerstone Academy equaled 22% of the organization's total expenses. The median for education organizations is 7%.

What are Cornerstone Academy's revenue and expenses?

In 2023, Cornerstone Academy reported $340k in total revenue and $320k in total expenses on its IRS Form 990.

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