CORNERSTONE OF HOPE INC (EIN 050623289) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Kevin McGuire

Phone

5159882284

Tax Period

2024-01-01 to 2024-12-31

CORNERSTONE OF HOPE INC, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $65K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $56K left a modest 14% surplus.

Mission

We support orphan causes and help orphans to have a place to live. This includes food programs, health care, clean water, Housing, education and adoption. We also educate people in the United States on orphan issues.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,981

Program Service Revenue $0

Investment Income $100

Other Revenue $0

TOTAL REVENUE $65,081

Expense Breakdown

Grants Paid $43,500

Salaries & Benefits $0

Fundraising Expenses $11,729

Program Expenses $43,500

Other Expenses $12,289

TOTAL EXPENSES $55,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$65,081	$54,172	+0.2%
Expenses	$55,789	$44,643	+0.2%
Net Income	$9,292	$9,529	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Idehen	Director	14	Officer Director	$0	$0	$0
Kevin McGuire	Director / Treasurer	3	Officer Director	$0	$0	$0
Aliou Kieta	Director / President	2	Officer Director	$0	$0	$0
Jon Albert	Director	1	Director	$0	$0	$0
Jacque Mahoney	Director / VP	1	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$65,081	$55,789	$75,284	$9,292
2022	$91,746	$68,091	$56,545	$23,655
2021	$81,954	$75,417	$32,908	$6,537
2020	$74,552	$65,431	$26,372	$9,121

CORNERSTONE OF HOPE INC