CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION NFP (EIN 362658308) - 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

1968

Legal Domicile

Principal Officer

ANGELIA SMITH

Phone

7087582565

Tax Period

2024-07-01 to 2025-06-30

CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION NFP, founded in 1968, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $491K, a strong 18% operating margin.

Mission

To improve the quality of life for the underprivileged and to assist others in times of crisis emphasizing emergency, supportive, and educational services

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,441,339

Program Service Revenue $299,768

Investment Income $12,329

Other Revenue $0

TOTAL REVENUE $2,753,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,023,272

Fundraising Expenses $0

Program Expenses $1,841,304

Other Expenses $1,239,257

TOTAL EXPENSES $2,262,529

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,753,436	$3,203,739	-0.1%
Expenses	$2,262,529	$2,489,889	-0.1%
Net Income	$490,907	$713,850	-0.3%

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

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	Role	Reportable Comp	Other Comp	Total
BONITA ESTELLE	President	Director	$0	$0	$0
SAMUEL LAWERENCE	Vice President	Director	$0	$0	$0
Wilma Wilson	Secretary/TREASURER	Director	$0	$0	$0
Gregory Dillard	BOARD MEMBER	Director	$0	$0	$0
Helen Brinson	Board Member	Director	$0	$0	$0
Charles Davis	Board Member	Director	$0	$0	$0
Gregory Jackson	Board Member	Director	$0	$0	$0
GEORGE VAUGHN	Board Member	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	$2,753,436	$2,262,529	$5,488,455	$490,907
2024	$3,203,739	$2,489,889	$5,102,551	$713,850
2022	$2,702,177	$1,806,249	$3,840,611	$895,928
2020	$1,603,089	$1,167,130	$2,789,156	$435,959
2019	$1,078,035	$976,876	$2,310,177	$101,159
2018	$916,093	$900,018	$2,190,461	$16,075

CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION NFP