CORNERSTONE CHRISTIAN ACADEMY

🔒

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

2000

Legal Domicile

Principal Officer

JAMES O'LEARY

Phone

4409439260

Tax Period

2023-07-01 to 2024-06-30

CORNERSTONE CHRISTIAN ACADEMY, founded in 2000, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2023.

Mission

CORNERSTONE CHRISTIAN ACADEMY (CCA) OPERATES A K4 THROUGH 12TH GRADE EDUCATION PROGRAM FOR APPROXIMATELY 500 STUDENTS, PROVIDING A COMPLETE EDUCATIONAL EXPERIENCE TO THE YOUTH OF OUR SURROUNDING COMMUNITIES. CCA EDUCATES STUDENTS WITH LIFE SKILLS AND KNOWLEDGE THEY NEED TO SUCCESSFULLY NAVIGATE AND LEAD IN OUR WORLD.

Program Service Accomplishments

Program 1

Expenses: $3,389,007 Revenue: $4,204,748

APPROXIMATELY 500 STUDENTS WERE SERVED IN THE COMPLETE EDUCATIONAL EXPERIENCE OF OUR ELEMENTARY AND SECONDARY EDUCATION PROGRAMS DURING THE SCHOOL YEAR. CORNERSTONE CHRISTIAN ACADEMY (CCA) IS A...

APPROXIMATELY 500 STUDENTS WERE SERVED IN THE COMPLETE EDUCATIONAL EXPERIENCE OF OUR ELEMENTARY AND SECONDARY EDUCATION PROGRAMS DURING THE SCHOOL YEAR. CORNERSTONE CHRISTIAN ACADEMY (CCA) IS A COEDUCATIONAL, NONDENOMINATIONAL CHRISTIAN PRIVATE SCHOOL SERVING GRADES K4-12 IN WILLOUGHBY HILLS, OHIO.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $42,117

Program Service Revenue $4,204,748

Investment Income $89,592

Other Revenue $55,305

TOTAL REVENUE $4,391,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,673,527

Fundraising Expenses $0

Program Expenses $3,389,007

Other Expenses $1,590,638

TOTAL EXPENSES $4,264,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,391,762	$4,321,933	+0.0%
Expenses	$4,264,165	$3,470,975	+0.2%
Net Income	$127,597	$850,958	-0.9%

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

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
JULIE BELICH	DIRECTOR/TRU	N/A	Director	$0	$0	$0
RICHARD HANSEN	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
DAN HUFFMAN	DIRECTOR/TRU	N/A	Director	$0	$0	$0
JAMES O'LEARY	PRESIDENT	N/A	Officer Director	$0	$0	$0
LENORA PRICE	DIRECTOR/TRU	N/A	Director	$0	$0	$0
CHARLES RUTH	TREASURER	N/A	Officer Director	$0	$0	$0
CAROLE TERKELSEN	SECRETARY	N/A	Officer Director	$0	$0	$0
RANDY VERDI	DIRECTOR/TRU	N/A	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	$4,391,762	$4,264,165	$2,997,391	$127,597
2023	$4,321,933	$3,470,975	$5,423,428	$850,958
2022	$3,484,936	$3,148,331	$4,672,108	$336,605
2021	$3,123,197	$2,876,721	$3,158,678	$246,476