CORNERSTONE CHRISTIAN ACADEMY OF VERNON CO INC

EIN: 391769808 501(c)(3)

VIROQUA, WI

Total Revenue
$167,278
Total Expenses
$169,514
Total Assets
$155,660
Net Assets
$154,314
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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
1994
Legal Domicile
WI
Phone
6086344102
Tax Period
2018-07-01 to 2019-06-30

CORNERSTONE CHRISTIAN ACADEMY OF VERNON CO INC, founded in 1994, is a small nonprofit that reported $167K in total revenue in fiscal year 2018.

Mission

TO PROVIDE A QUALITY EDUCATION FOR STUDENTS K-12 IN THE CONTEXT OF CHRISTIAN (BIBLICAL) PRINCIPLES AND IN AN ENVIRONMENT THAT RESULTS IN THE HIGHEST STANDARDS FOR THE PERSONAL DEVELOPMENT OF THE STUDENTS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $75,081
Program Service Revenue $58,871
Investment Income $20
Other Revenue $33,306
TOTAL REVENUE $167,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,720
Fundraising Expenses $0
Program Expenses $145,464
Other Expenses $43,794
TOTAL EXPENSES $169,514

Year-over-Year Comparison

2018 2017 Change
Revenue $167,278 N/A N/A
Expenses $169,514 N/A N/A
Net Income $-2,236 N/A N/A
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
12
Volunteers
15

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
4
$0
Total Directors
1
$0
Key Employees
1
$24,050
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN HOLMGREN Director 5.00
Director
$0 $0 $0
DAVID CLARK Vice President 5.00
Officer
$0 $0 $0
AMOS SCHROCK Treasurer 5.00
Officer
$0 $0 $0
CURTIS ROGERS Secretary 5.00
Officer
$0 $0 $0
RICHARD BERGUM President & CEO 5.00
Officer
$0 $0 $0
NICHOLAS LAVY ADMINISTRATOR 40.00
Key Emp
$24,050 $0 $24,050
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
2019 $167,278 $169,514 $155,660 $-2,236
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