THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS (EIN 363289363) - 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

1984

Legal Domicile

Principal Officer

MARK A STUTRUD

Phone

8476354600

Tax Period

2024-07-01 to 2025-06-30

THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS, founded in 1984, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $301K, a strong 18% operating margin.

Mission

RESPONDING TO THE GOSPEL, THE CORNERSTONE FOUNDATION IS THE ENDOWMENT ENSURING THE MINISTRIES AND FUTURE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI). THE CORNERSTONE FOUNDATION IS RESPONSIBLE FOR DEVELOPING ACTIVE SUPPORT FOR THE SOCIAL SERVICES PROVIDED BY LSSI.

🔒

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 $234,658

Program Service Revenue $0

Investment Income $1,405,515

Other Revenue $0

TOTAL REVENUE $1,640,173

Expense Breakdown

Grants Paid $1,200,039

Salaries & Benefits $0

Fundraising Expenses $58,069

Program Expenses $1,200,039

Other Expenses $139,606

TOTAL EXPENSES $1,339,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,640,173	$3,237,849	-0.5%
Expenses	$1,339,645	$959,992	+0.4%
Net Income	$300,528	$2,277,857	-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

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

$893,007

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PR MICHEL CLARK	CHAIRPERSON	0.40	Officer Director	$0	$0	$0
CAROL A POPLAWSKI	VICE CHAIRPERSON	0.40	Officer Director	$0	$0	$0
MARY ANN SMITH	SECRETARY	0.40	Officer Director	$0	$0	$0
THOMAS CUNNIFF	TREASURER	0.40	Director	$0	$0	$0
MARCIA A ANDERSON	TRUSTEE	0.40	Director	$0	$0	$0
SUSAN BERNARDI	TRUSTEE	0.40	Director	$0	$0	$0
STEPHEN BISHOP	TRUSTEE	0.40	Director	$0	$0	$0
PR GREG BUSBOOM	TRUSTEE	0.40	Director	$0	$0	$0
WILLIAM BILL S FLECK	TRUSTEE	0.40	Director	$0	$0	$0
CONNIE FRANKENFELD	TRUSTEE	0.40	Director	$0	$0	$0
PR JOHN FREIDHEIM	TRUSTEE	0.40	Director	$0	$0	$0
SUSAN GILPIN	TRUSTEE	0.40	Director	$0	$0	$0
RONALD KOK-ALBLAS	TRUSTEE	0.40	Director	$0	$0	$0
NANCY NAGEL	TRUSTEE	0.40	Director	$0	$0	$0
ROLAND PERSON	TRUSTEE	0.40	Director	$0	$0	$0
CHARLES PRICE	TRUSTEE	0.40	Director	$0	$0	$0
PR ART PUOTINEN	TRUSTEE	0.40	Director	$0	$0	$0
JON A THEEKE JR	TRUSTEE	0.40	Director	$0	$0	$0
MARK TOMAW	TRUSTEE	0.40	Director	$0	$0	$0
BONALYNN WALLACH	TRUSTEE	0.40	Director	$0	$0	$0
MARK A STUTRUD	CEO	1.00	Officer	$0	$54,780	$428,199
DAVID NOVAK	VP OF ADVANCEMENT	1.00	Officer	$0	$23,951	$235,236
LISA SROGA	VP FINANCE/CFO	1.00	Officer	$0	$2,443	$229,572
DAVID K WILDS	DIR OF TREASURY SERVICES	1.00	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	$1,640,173	$1,339,645	$32,201,550	$300,528
2024	$3,237,849	$959,992	$29,632,259	$2,277,857
2023	$1,877,324	$687,957	$24,541,629	$1,189,367
2022	$2,125,942	$630,305	$21,575,495	$1,495,637
2021	$753,222	$453,201	$22,910,792	$300,021
2020	$513,599	$828,467	$20,863,285	$-314,868
2019	$785,217	$915,052	$21,119,717	$-129,835
2018	$332,487	$966,500	$21,424,170	$-634,013

THE CORNERSTONE FOUNDATION INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS