CORNER HOUSE FOUNDATION (EIN 222359490) - 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

1980

Legal Domicile

Principal Officer

RICHARD GRENIS

Phone

6099248018

Tax Period

2023-01-01 to 2023-12-31

CORNER HOUSE FOUNDATION, founded in 1980, is a small nonprofit that reported $131K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 20% operating margin.

Mission

The Corner House Foundation raises funds for the operation of Corner House in Princeton to prevent and treat alcohol and drug addition by engaging and supporting youth, adults, and families in life-long healthy living and recovery.

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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 $84,350

Program Service Revenue $0

Investment Income $45,855

Other Revenue $360

TOTAL REVENUE $130,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,971

Fundraising Expenses $4,249

Program Expenses $27,581

Other Expenses $85,569

TOTAL EXPENSES $104,540

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,565	$251,827	-0.5%
Expenses	$104,540	$333,574	-0.7%
Net Income	$26,025	$-81,747	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GRENIS	PRESIDENT	1.50	Officer Director	$0	$0	$0
DAVID MILFORD	SECRETARY	1.50	Officer Director	$0	$0	$0
RAHUL SACHDEO	TREASURER	1.50	Officer Director	$0	$0	$0
NICOLE N RODRICKS	MEMBER	0.20	Director	$0	$0	$0
CHARLES PUNIA	MEMBER	0.20	Director	$0	$0	$0
GENIVA MARTIN	MEMBER	0.20	Director	$0	$0	$0
MELISSA MERCURO-URIAS	MEMBER	0.20	Director	$0	$0	$0
DAVID ERRICKSON	MEMBER	2.00	Director	$0	$0	$0
WENDY JOLLEY	MEMBER	0.20	Director	$0	$0	$0
WILDER HERNANADEZ	MEMBER	0.20	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	$130,565	$104,540	$1,171,257	$26,025
2022	$251,827	$333,574	$1,078,373	$-81,747
2021	$345,930	$345,657	$1,392,337	$273
2020	$415,584	$298,018	$1,248,905	$117,566
2019	$352,792	$374,522	$1,230,995	$-21,730
2018	$321,812	$407,949	$1,077,702	$-86,137

CORNER HOUSE FOUNDATION