Prosper, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cornerstone Assistance Network of North Central Te, founded in 2010, is a small nonprofit in the Human Services sector that reported $627K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $756K exceeded revenue, resulting in a 21% operating deficit.
To provide financial assistance, clothing. furniture, skills and support to those in need in our local area.
Case Management - In support of families we provided back to school supplies and backpacks for children, christmas gifts to 351 children through our Cornerstone Christmas program, and financial...
Case Management - In support of families we provided back to school supplies and backpacks for children, christmas gifts to 351 children through our Cornerstone Christmas program, and financial assistance to needy families.
Thrift Store & Garage Sales
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $627,171 | $966,653 | -0.4% |
| Expenses | $755,869 | $905,577 | -0.2% |
| Net Income | $-128,698 | $61,076 | -3.1% |
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 |
|---|---|---|---|---|---|---|
| Patricia Sharp | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Xirinachs | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Allison Xirinachs | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| John Faris | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Brad Bellard | Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| David Simpson | Vice-Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Lutes | Founder & Exec Director | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Kern | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kerry Carothers | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $627,171 | $755,869 | $307,526 | $-128,698 |
| 2022 | $966,653 | $905,577 | $419,063 | $61,076 |
| 2021 | $613,589 | $550,338 | $330,548 | $63,251 |
| 2020 | $772,222 | $688,504 | $267,161 | $83,718 |
| 2019 | $592,759 | $590,131 | $176,996 | $2,628 |
| 2018 | $494,443 | $489,126 | $179,134 | $5,317 |
Compare Cornerstone Assistance Network of North Central Te with other nonprofits in Texas and across the country.