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Cornerstone University exists to empower men and women to excel as influencers in our world for Christ by offering a student-focused learning community where Jesus Christ is central.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$53.6M
Total Contributions
$6M
Total Expenses
▼$55.3M
Total Assets
$105.2M
Total Liabilities
▼$7.5M
Net Assets
$97.8M
Officer Compensation
→$957.5K
Other Salaries
$17.2M
Investment Income
▼$428.4K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$9.1M
Awards Found
4
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Education | INSTITUTIONAL RELIEF FROM THE UNIVERSITY DISRUPTIONS OF COVID-19 | $4.8M | FY2020 | May 2020 – May 2022 | Open → |
| Department of Education | EMERGENCY FINANCIAL AID GRANTS TO STUDENTS AS A RESULT OF COVID-19 | $3.9M | FY2020 | Apr 2020 – May 2022 | Open → |
| Department of Education | REIMBURSEMENT OF LOST REVENUE AND EXPENSES RELATED TO TRANSITION TO DISTANCE EDUCATION. | $384K | FY2020 | May 2020 – Jul 2022 | Open → |
| Department of Education | 2026-2027 TEACH BASE RECORD | $29.4K | FY2026 | Jan 2026 – Sep 2047 | Open → |
Department of Education
$4.8M
INSTITUTIONAL RELIEF FROM THE UNIVERSITY DISRUPTIONS OF COVID-19
Department of Education
$3.9M
EMERGENCY FINANCIAL AID GRANTS TO STUDENTS AS A RESULT OF COVID-19
Department of Education
$384K
REIMBURSEMENT OF LOST REVENUE AND EXPENSES RELATED TO TRANSITION TO DISTANCE EDUCATION.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
11
Clean years
11
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2026 | Clean | Unmodified (Clean) | $13.7M | Yes | 2026-10-01 |
| 2025 | Clean | Unmodified (Clean) | $12.2M | Yes | 2025-10-10 |
| 2024 | Clean | Unmodified (Clean) | $11.5M | Yes | 2024-10-22 |
| 2023 | Clean | Unmodified (Clean) | $11.5M | Yes | 2023-10-26 |
| 2022 | Clean | Unmodified (Clean) | $17.7M | Yes | 2022-10-12 |
| 2021 | Clean | Unmodified (Clean) | $16.8M | Yes | 2021-09-09 |
| 2020 | Clean | Unmodified (Clean) | $18M | Yes | 2020-09-09 |
| 2019 | Clean | Unmodified (Clean) | $18.7M | Yes | 2019-09-05 |
| 2018 | Clean | Unmodified (Clean) | $19.3M | Yes | 2018-09-04 |
| 2017 | Clean | Unmodified (Clean) | $19.8M | Yes | 2017-09-06 |
| 2016 | Clean | Unmodified (Clean) | $21.4M | No | 2016-09-12 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$13.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$12.2M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$11.5M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$11.5M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$17.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$16.8M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$18M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$18.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$19.3M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$19.8M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$21.4M
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: GROUP
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024 | $53.6M | $6M | $55.3M | $105.2M | $97.8M |
| 2023 | $53.4M | $6.6M | $53.4M | $104.7M | $97.8M |
| 2022 | $59.9M | $12.7M | $56.2M | $108.3M | $98.2M |
| 2021 | $58.1M | $14.6M | $50.2M | $108.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $96.1M |
| 2020 | $55.3M | $12M | $51.1M | $101.6M | $87.3M |
| 2019 | $54.1M | $7.9M | $51.5M | $99.9M | $83.1M |
| 2018 | $63.6M | $12.8M | $54.3M | $96.1M | $80.9M |
| 2017 | $62.8M | $10.9M | $56.4M | $92.6M | $71.8M |
| 2016 | $65.6M | $13M | $57.8M | $89.8M | $65M |
| 2015 | $60.8M | $7.7M | $56.4M | $84.4M | $57.5M |
| 2014 | $63.7M | $11.6M | $55.8M | $77.4M | $53.5M |
| 2013 | $60.1M | $7.9M | $54.7M | $67.2M | $45.3M |
| 2012 | $58.7M | $11.4M | $51.9M | $57.5M | $39.2M |
| 2022 | 990 | Data |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data | PDF not yet published by IRS |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |