CORNERSTONES OF CARE FOUNDATION (EIN 431623792) - 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

1992

Legal Domicile

Principal Officer

MERIDETH ROSE

Phone

8165083500

Tax Period

2024-01-01 to 2024-12-31

CORNERSTONES OF CARE FOUNDATION, founded in 1992, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 1375% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 86% operating margin.

Mission

CORNERSTONES OF CARE FOUNDATION WAS FORMED TO CONDUCT AND SUPPORT ACTIVITIES FOR THE BENEFIT OF CORNERSTONES OF CARE

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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 $2,503,967

Program Service Revenue $0

Investment Income $344,523

Other Revenue $0

TOTAL REVENUE $2,848,490

Expense Breakdown

Grants Paid $366,762

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $366,762

Other Expenses $36,282

TOTAL EXPENSES $403,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,848,490	$193,059	+13.8%
Expenses	$403,044	$547,637	-0.3%
Net Income	$2,445,446	$-354,578	-7.9%

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

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

$632,653

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN JACKSON	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JON APPLEBY	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM HOGAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINE LEYVA	BOARD MEMBER	2.00	Director	$0	$0	$0
RYAN MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
MARCEDA STARKS	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN STEWART	BOARD MEMBER	2.00	Director	$0	$0	$0
MERIDETH ROSE	CEO/PRESIDENT	2.00	Officer	$0	$28,093	$301,574
JILL BECK	TREASURER/CFO	2.00	Officer	$0	$10,176	$176,952
CHAD HARRIS	CHIEF DEVELOPMENT OFFICER/SECRETARY	2.00	Officer	$0	$13,997	$154,127

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	No data	No data	No data	No data
2024	$2,848,490	$403,044	$16,755,008	$2,445,446
2023	$193,059	$547,637	$13,083,143	$-354,578
2022	$107,559	$558,339	$11,882,132	$-450,780
2021	$2,828,635	$627,147	$14,404,123	$2,201,488
2020	$515,170	$580,984	$13,184,469	$-65,814
2019	$502,906	$583,803	$12,070,889	$-80,897
2018	$809,077	$553,545	$10,544,451	$255,532

CORNERSTONES OF CARE FOUNDATION