CORNERSTONE RESIDENTIAL CENTER NO1 NFP (EIN 202094931) - 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

2004

Legal Domicile

Principal Officer

BENJAMIN T STORTZ

Phone

8157276666

Tax Period

2024-07-01 to 2025-06-30

CORNERSTONE RESIDENTIAL CENTER NO1 NFP, founded in 2004, is a micro nonprofit in the Housing & Shelter sector that reported $40K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION WAS INCORPORATED FOR THE SOLE PURPOSE OF ACQUIRING AND OPERATING A FEDERALLY SUBSIDIZED HOUSING DEVELOPMENT IN JOLIET, ILLINOIS WHOSE TENANTS ARE ELIGIBLE, LOW INCOME PERSONS WITH DISABILITIES.

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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 $0

Program Service Revenue $0

Investment Income $4

Other Revenue $-40,158

TOTAL REVENUE $-40,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-40,154	$-27,106	+0.5%
Expenses	N/A	N/A	N/A
Net Income	N/A	$-27,106	N/A

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

$297,944

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE PAONE	IMMEDIATE PAST CHAIRPERSON	1.00	Director	$0	$0	$0
JOHN KELLA	CHAIRPERSON	1.00	Director	$0	$0	$0
MINDY DIAZ	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
CORNELL LURRY	TREASURER	1.00	Director	$0	$0	$0
ALEX BENIGNI	SECRETARY	1.00	Director	$0	$0	$0
JANET SHAW-BINNS	DIRECTOR	1.00	Director	$0	$0	$0
JUDY BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN STORTZ	OFFICER	1.00	Officer	$0	$0	$297,944

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
2025	$-40,154	No data	$317,132	No data
2024	$-27,106	No data	$367,216	No data
2023	$-34,008	No data	$368,928	No data
2022	$-29,718	No data	$389,673	No data
2021	$-33,190	No data	$410,035	No data
2020	$-26,033	No data	$434,225	No data
2019	$-34,549	No data	$433,370	No data

CORNERSTONE RESIDENTIAL CENTER NO1 NFP