CORNERSTONE MEDICAL SERVICES FOUNDATION (EIN 273832515) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MYUNGJA MIA LEE

Phone

2063272433

Tax Period

2024-01-01 to 2024-12-31

CORNERSTONE MEDICAL SERVICES FOUNDATION, founded in 2010, is a small nonprofit in the Health Care sector that reported $130K in total revenue in fiscal year 2024. Revenue surged 188% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 26% operating margin.

Mission

OUR MISSION IS TO IMPROVE THE HEALTH ACCESS AND OUTCOMES FOR THE UNDERSERVED, LIMITED ENGLISH PROFICIENCY IMMIGRANTS WITH A VISION THAT THE PERSONS WHO TAKES CARE OF OTHERS EXPERIENCE THE MOST POWERFUL FORM OF EQUITY

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $129,706

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $129,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,484

Other Expenses $95,463

TOTAL EXPENSES $95,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,707	$45,028	+1.9%
Expenses	$95,463	$108,292	-0.1%
Net Income	$34,244	$-63,264	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

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
MYUNGJA MIA LEE	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROSA HYUNSOOK HWANG	TREASURER	N/A	Officer	$0	$0	$0
CHRIS KIM	CHAIRMAN	N/A	Officer	$0	$0	$0
MI HYEON KIM	SECRETARY	N/A	Officer	$0	$0	$0
TAIK LEE	PR AND IT MA	N/A	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	No data	No data	No data	No data
2024	$129,707	$95,463	$86,421	$34,244
2023	$45,028	$108,292	$52,177	$-63,264
2022	$115,405	$10,554	$115,441	$104,851
2018	$152,949	$154,535	$46,953	$-1,586

CORNERSTONE MEDICAL SERVICES FOUNDATION