Cornerstone Christian Academy

The information on this page was last updated 3/21/2023. If you see errors or omissions, please email: [email protected]


Inspiring hope since 1988 for children in Kindergarten through 8th grade.

Contact information

Mailing address:
Cornerstone Christian Academy
1939 S. 58th St.
Philadelphia, PA 19143


Phone: 215-724-6858

Email: [email protected]

Organization details

EIN: 232499985

CEO/President: Dick Ollinger

Chairman: Kenneth Frazier, Esq

Board size: 17


Ruling year: 1988

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2004


Our education program is focused on the WHOLE CHILD - mind, body, and spirit. Social emotional learning is integrated into the academic program.

Mission statement

The mission of Conerstone Christian Academy is to educate children, including those from underserved families in an environment that provides the highest standards for the academic achievement and spiritual development. It is our vision to be a model urban Christian school where students are grounded in faith, shaped with Christ-like character, and equipped with knowledge and skills to excel in high school, college, and throughout life.

Statement of faith

We believe that the Bible, comprised of the Old and New Testaments, is inspired by God and is the supreme and final authority in faith and life. We believe in one God existing in three persons: Father, Son and Holy Spirit. We believe in the vicarious death of the Lord Jesus Christ for our sins, the resurrection of His Body, His ascension into Heaven, and his future return to the earth. We believe salvation is available through one's acceptance of Jesus Christ as Lord and Savior. We believe that a New Testament Church is a body of baptized believers associated for worship, learning, service and the spread of the gospel for the establishment of the Kingdom of God and earth.

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating350 of 111320 of 49
Fund acquisition rating3 of 11142 of 49
Resource allocation rating887 of 111443 of 49
Asset utilization rating445 of 111322 of 49

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Balance sheet
Receivables, inventories, prepaids$3,044,203$24,725$56,602$6,838$19,450
Short-term investments$3,234,135$3,235,507$1,948,285$2,030,228$1,064,548
Other current assets$0$0$0$0$0
Total current assets$6,809,285$3,661,576$2,243,431$2,212,953$1,197,873
Long-term investments$0$0$0$0$0
Fixed assets$569,630$614,615$668,368$739,920$966,038
Other long-term assets$0$0$0$0$0
Total long-term assets$569,630$614,615$668,368$739,920$966,038
Total assets$7,378,915$4,276,191$2,911,799$2,952,873$2,163,911
Payables and accrued expenses$216,221$170,260$175,435$176,625$161,761
Other current liabilities$0$368,370$0$0$0
Total current liabilities$216,221$538,630$175,435$176,625$161,761
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$393,100$0$0
Total long-term liabilities$0$0$393,100$0$75,000
Total liabilities$216,221$538,630$568,535$176,625$236,761
Net assets20222021202020192018
Without donor restrictions$2,132,130$2,008,800$1,172,695$1,730,168$1,786,815
With donor restrictions$5,030,564$1,728,761$1,170,569$1,046,080$140,335
Net assets$7,162,694$3,737,561$2,343,264$2,776,248$1,927,150
Revenues and expenses
Total contributions$6,456,910$3,241,139$1,890,599$2,987,209$1,601,239
Program service revenue$1,588,300$1,398,854$1,182,010$1,179,423$1,093,963
Membership dues$0$0$0$0$0
Investment income$167,644$176,229$63,699$53,523$46,291
Other revenue$30,827$7,871$25,651$18,536$18,950
Total other revenue$1,786,771$1,582,954$1,271,360$1,251,482$1,159,204
Total revenue$8,243,681$4,824,093$3,161,959$4,238,691$2,760,443
Program services$2,871,101$2,672,345$2,500,162$2,464,767$2,318,876
Management and general$840,678$858,182$743,526$705,978$620,102
Total expenses$4,050,124$3,831,308$3,487,449$3,404,113$3,143,803
Change in net assets20222021202020192018
Surplus (deficit)$4,193,557$992,785($325,490)$834,578($383,360)
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,193,557$992,785($325,490)$834,578($383,360)


Richell ManigaultPrincipal$87,819
Stacy NiemkiewiczFinance Director/Treasurer$85,688

Compensation data as of: 6/30/2022

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/21/2023. To update the information below, please email: [email protected]


Program accomplishments

170 Students enrolled

18:1 Student/Teacher ratio

98% Of 8th grade graduates earn a high school diploma within four years

75% Of graduates attend college

$1M In student financial aid per year

500+ Donors and volunteers support CCA annually