CORNERSTONE ACADEMY COMMUNITY SCHOOL (EIN 311707162) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

C David Massa

Phone

6147750615

Tax Period

2022-07-01 to 2023-06-30

CORNERSTONE ACADEMY COMMUNITY SCHOOL, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $12.6M in total revenue in fiscal year 2022.

Mission

To provide opportunities for educational choice to students and families of this community. The organization is primarily engaged in providing instructional services to enrolled students in grades K-8.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $12,572,969

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,572,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,390,662

Fundraising Expenses $0

Program Expenses $13,337,534

Other Expenses $7,946,872

TOTAL EXPENSES $13,337,534

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,572,969	$12,231,060	+0.0%
Expenses	$13,337,534	$9,444,553	+0.4%
Net Income	$-764,565	$2,786,507	-1.3%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
Jonathan Downes	Board Vice President	1	Director	$0	$0	$0
Pat Cusick	Board President	2	Director	$0	$0	$0
Dr David Moody	Board Member	1	Director	$0	$0	$0
Mark Hutsko	Board Member	1	Director	$0	$0	$0
Shiva Scotti	Board Member	1	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$12,572,969	$13,337,534	$22,857,806	$-764,565
2022	$12,231,060	$9,444,553	$20,737,794	$2,786,507
2021	$10,436,135	$9,211,399	$16,929,635	$1,224,736
2020	$8,583,136	$7,456,019	$14,986,776	$1,127,117
2019	$6,983,368	$5,592,300	$13,290,052	$1,391,068
2018	$6,176,949	$3,690,104	$12,827,350	$2,486,845

CORNERSTONE ACADEMY COMMUNITY SCHOOL