Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cornet Association of America, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 68% operating margin.
To support, promote and advance (1)medical science and health care, innovation and alternative forms of education; continued Sch O.
To support, promote and advance medical science and health care, particularly for developing and refining innovative means of prevention, diagnosis, or treatment. To support, promote and advance...
To support, promote and advance medical science and health care, particularly for developing and refining innovative means of prevention, diagnosis, or treatment. To support, promote and advance primary, secondary, or higher education and alternative methods of education, particularly for new fields of learning or enhanced understanding or application of established fields;
To support, promote and advance biological, marine, and environmental science, particularly as they complement the purposes of medical science, health care, and education; (4) political activities...
To support, promote and advance biological, marine, and environmental science, particularly as they complement the purposes of medical science, health care, and education; (4) political activities that foster individual responsibility and business development, especially in support of the other purposes; (5) public parks and land, including natural resource conservation; (6) amateur athletics; (7) performing arts; (8) m useums and educational facilities, making historical materials or artistic works accessible to others; (9) historic preservation and rehabilitation; and (10) programs that support best practices and management continuity in familybased, communityoriented privately held businesses;
Each fiscal year, Cornet Association of America identifies several programs operated by unrelated Section 501(c)(3) organizations that will support the primary educational mission. Now that Cornet...
Each fiscal year, Cornet Association of America identifies several programs operated by unrelated Section 501(c)(3) organizations that will support the primary educational mission. Now that Cornet has available assets, it intends to make distributions to these unrelated educational organizations each year. See Schedule O.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,847,662 | $1,748,827 | +0.1% |
| Expenses | $584,020 | $477,044 | +0.2% |
| Net Income | $1,263,642 | $1,271,783 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Donald D Kozusko | Secretary Treasurer | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| George N Harris Jr | President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Edwin J Broecker | Vice President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,847,662 | $584,020 | $56,059,244 | $1,263,642 |
| 2024 | $1,748,827 | $477,044 | $54,795,602 | $1,271,783 |
| 2023 | $1,420,994 | $459,996 | $53,523,820 | $960,998 |
| 2022 | $52,915,713 | $352,891 | $52,562,822 | $52,562,822 |
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