CORNERSTONE CORPORATION

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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

1976

Legal Domicile

Principal Officer

JEREMY MOORE

Phone

3147262273

Tax Period

2024-01-01 to 2024-12-31

Mission

Cornerstone Corporation is a Christian Community Development Corporation that provides an equal opportunity to affordable housing to those who would not otherwise have it also instills value and hope to those in the neighborhood and promotes community development and personal achievement in the West End neighborhood.

Program Service Accomplishments

Program 1

Cornerstone Corporation is a Christian Community Development Corporation that provides an equitable opportunity for quality, affordable housing to those who would not otherwise have it. Cornerstone...

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$506,783	-1.0%
Expenses	N/A	$637,420	-1.0%
Net Income	N/A	$-130,637	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

Governance

Voting Members

Independent Members

Employees

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
JEREMY MOORE	PRESIDENT	002.00	Officer Director	$0	$0	$0
GAIL MONTGOMERY EDWARDS	DIRECTOR	002.00	Director	$0	$0	$0
LISA POTTS	DIRECTOR	002.00	Officer Director	$0	$0	$0
PAUL SAVAGE	DIRECTOR	002.00	Director	$0	$0	$0
TREENA THOMPSON	SECRETARY	002.00	Officer Director	$0	$0	$0
CYNTHIA WILLIAMS	DIRECTOR	002.00	Director	$0	$0	$0
LISETTE ORTEGA VIDAL	TREASURER	002.00	Officer Director	$0	$0	$0
NAKISCHA JOSEPH	DIRECTOR	002.00	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
2024	No data	No data	$1,165,288	No data
2023	$506,783	$637,420	$1,179,911	$-130,637
2022	$957,441	$663,383	$1,292,829	$294,058
2021	$992,544	$560,812	$1,012,118	$431,732
2020	$499,207	$362,439	$616,354	$136,768
2019	$497,055	$343,780	$948,223	$153,275