CORNERSTONE CROSSROADS ACADEMY (EIN 113761734) - 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

2006

Legal Domicile

Principal Officer

KEILA SELDERS J D

Phone

2144263282

Tax Period

2023-01-01 to 2023-12-31

CORNERSTONE CROSSROADS ACADEMY, founded in 2006, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $652K, a strong 44% operating margin.

Mission

TO DEVELOP URBAN YOUTH THROUGH TRANSFORMATIVE EDUCATION AND EQUIP FUTURE LEADERS TO IMPACT THEIR COMMUNITIES THROUGH CHRIST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,470,136

Program Service Revenue $0

Investment Income $71

Other Revenue $0

TOTAL REVENUE $1,470,207

Expense Breakdown

Grants Paid $55,602

Salaries & Benefits $579,519

Fundraising Expenses $32,319

Program Expenses $670,333

Other Expenses $177,697

TOTAL EXPENSES $818,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,470,207	$2,392,311	-0.4%
Expenses	$818,468	$612,942	+0.3%
Net Income	$651,739	$1,779,369	-0.6%

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

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

$90,804

Total Directors

$90,804

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTI LICHTENBERG	EXEC DIR/DIR	40.00	Officer Director	$80,525	$10,279	$90,804
VERNETTA BURKHALTER	DIRECTOR	2.00	Director	$0	$0	$0
KEILA SELDERS J D	CHAIR/DIRECT	4.00	Officer Director	$0	$0	$0
BO ESTES	DIRECTOR	2.00	Director	$0	$0	$0
TERI GORDON	DIRECTOR	2.00	Director	$0	$0	$0
PEGGY GRIEGE	SECRETARY/DI	4.00	Officer Director	$0	$0	$0
JASON SHYUNG JD	DIRECTOR	2.00	Director	$0	$0	$0
KEARA KEITH	TREASURER/DI	4.00	Officer Director	$0	$0	$0
MIKE MCCRORY	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS SIMMONS	DIRECTOR	2.00	Director	$0	$0	$0
DESTANIE SYKES-OKWUMABUA	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$1,079,548	$842,830	$3,539,113	$236,718
2023	$1,470,207	$818,468	$3,954,134	$651,739
2022	$2,392,311	$612,942	$3,244,178	$1,779,369
2021	$1,159,644	$630,376	$1,538,496	$529,268
2020	$583,259	$306,932	$1,027,110	$276,327
2020	$859,691	$663,242	$816,935	$196,449
2019	$735,057	$671,454	$391,920	$63,603
2018	$721,741	$545,373	$321,650	$176,368

CORNERSTONE CROSSROADS ACADEMY