CORNERSTONE LIFE DEVELOPMENT INC

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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

WAYNE WAGER SR

Phone

3157299724

Tax Period

2024-05-01 to 2025-04-30

CORNERSTONE LIFE DEVELOPMENT INC, founded in 2005, is a micro nonprofit in the Human Services sector that reported $18K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $4K, a strong 24% operating margin.

Mission

PROVIDE COUNSEL, HELP, AND DIRECTION TO STUDENTS IN PEOPLE SKILLS, CAREER CHOICES, AND LIFE DECISIONS

Program Service Accomplishments

Program 1

Expenses: $13,407 Revenue: $17,610

PROVIDE COUNSEL, HELP, AND DIRECTION TO STUDENTS IN PEOPLE SKILLS, CAREER CHOICES, AND LIFE DECISIONS

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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 $0

Other Revenue $17,610

TOTAL REVENUE $17,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,407

Other Expenses $13,407

TOTAL EXPENSES $13,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,610	$16,010	+0.1%
Expenses	$13,407	$34,278	-0.6%
Net Income	$4,203	$-18,268	-1.2%

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

N/A

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
WAYNE WAGER	BOARD MEMBER	1	Director	$0	$0	$0
JOHN ADAMS	BOARD MEMBER	1	Director	$0	$0	$0
CHRISTINE RUFFINO	VICE PRESIDENT	1	Officer	$0	$0	$0
WAYNE WAGER SR	PRESIDENT	1	Officer	$0	$0	$0
WHITNEY PARISH	TREASURER	1	Officer	$0	$0	$0
RANDY TENNANT	SECRETARY	1	Officer	$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
2025	$17,610	$13,407	$474,193	$4,203
2024	$16,010	$34,278	$469,990	$-18,268
2023	$73,558	$64,726	$488,258	$8,832
2022	$85,665	$55,911	$479,426	$29,754
2021	$48,250	$54,897	$449,672	$-6,647
2020	$70,577	$81,548	$456,319	$-10,971