Cornerstone Community Outreach (EIN 363670992) - 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

1989

Legal Domicile

Principal Officer

Chris Spicer

Phone

7735064904

Tax Period

2023-01-01 to 2023-12-31

Cornerstone Community Outreach, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $4.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

Improve quality of life for disadvantaged people in the Uptown neighborhood of Chicago.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,065,767

Program Service Revenue $0

Investment Income $2,473

Other Revenue $21,865

TOTAL REVENUE $4,090,105

Expense Breakdown

Grants Paid $115,693

Salaries & Benefits $3,415,563

Fundraising Expenses $19,824

Program Expenses $4,536,977

Other Expenses $1,339,330

TOTAL EXPENSES $4,870,586

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,090,105	$5,115,669	-0.2%
Expenses	$4,870,586	$4,579,338	+0.1%
Net Income	$-780,481	$536,331	-2.5%

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

$97,953

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Spicer	President	1.00	Officer Director	$0	$0	$0
Nathan Cameron	Treasurer	1.00	Officer Director	$0	$0	$0
Jiwon McCartney	Secretary	1.00	Officer Director	$0	$0	$0
Tiana Coleman	Vice President	1.00	Officer Director	$0	$0	$0
Ted Jindrich	Board member	1.00	Director	$0	$0	$0
Feliciana Melendez	Board member	1.00	Director	$0	$0	$0
Thomas Lavin	Board member	1.00	Director	$0	$0	$0
Andrew Winter	Executive Director	40.00	Officer	$65,940	$32,013	$97,953

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	No data	No data	No data	No data
2023	$4,090,105	$4,870,586	$3,019,136	$-780,481
2022	$5,115,669	$4,579,338	$3,911,648	$536,331
2021	$4,257,655	$4,055,207	$3,194,643	$202,448
2020	$4,747,371	$3,744,722	$3,079,216	$1,002,649
2019	$3,528,231	$3,866,248	$2,495,852	$-338,017
2019	$3,524,798	$3,866,453	$2,492,215	$-341,655
2018	$3,607,624	$3,510,996	$2,696,053	$96,628

Cornerstone Community Outreach