SUMMIT, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CORNERSTONE SCHOOL OF SUMMIT INC, founded in 2008, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.
THE PURPOSE OF THE CORPORATION IS SHOWN ON SCHEDULE O. -TO PROMOTE THE DEVELOPMENT OF THE WHOLE CHILD THROUGH A PLAY-BASED CURRICULUM THAT IGNITES CURIOSITY, INSPIRES CREATIVITY, AND PROMOTES CHARACTER;-TO COMMIT TO STRENGTHENING FAMILIES THROUGH DEVELOPING A COMMUNITY ENERGIZED BY A VARIETY OF CULTURES AND FAITH TRADITIONS; AND-TO SERVE AS A CATALYST TO SUPPORT AND ENHANCE IMPROVEMENT PROGRAMS THAT HEIGHTEN LEARNING OPPORTUNITIES FOR CHILDREN;-TO FOSTER SUPPORTIVE OR SUPPORTED PRIVATE SECTOR RELATIONSHIPS TO SERVE EDUCATIONAL NEEDS; AND-TO SEEK DONATIONS, CONTRIBUTIONS, AND GIFTS OF EQUIPMENT AND FUNDS FROM THE GENERAL PUBLIC TO SUPPORT THE CORPORATION'S CHARITABLE GOALS AND PURPOSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,245,931 | $930,358 | +0.3% |
| Expenses | $1,115,240 | $1,054,515 | +0.1% |
| Net Income | $130,691 | $-124,157 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANNA CHAN | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB WHITE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAY LAU | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMIE NANFARA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SANG CHOI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER EPPERLIEN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LAUREN RANDALL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ELLEN LAZOVICK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,245,931 | $1,115,240 | $799,952 | $130,691 |
| 2024 | $930,358 | $1,054,515 | $641,660 | $-124,157 |
| 2023 | $1,063,559 | $1,007,613 | $663,007 | $55,946 |
| 2022 | $1,020,711 | $941,369 | $647,547 | $79,342 |
| 2021 | $1,004,041 | $818,171 | $556,060 | $185,870 |
| 2020 | $776,414 | $818,766 | $396,353 | $-42,352 |
| 2019 | $952,597 | $940,871 | $502,992 | $11,726 |
| 2018 | $897,944 | $823,142 | $522,665 | $74,802 |
Compare CORNERSTONE SCHOOL OF SUMMIT INC with other nonprofits in New Jersey and across the country.