Cornerstones Career Learning Center

EIN: 460431867 501(c)(3) Employment

Huron, SD

Total Revenue
$1,052,719
Total Expenses
$1,010,138
Total Assets
$517,140
Net Assets
$349,516
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SD
Phone
6053537175
Tax Period
2024-07-01 to 2025-06-30

Cornerstones Career Learning Center, founded in 1994, is a small nonprofit in the Employment sector that reported $818K in total revenue in fiscal year 2017. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $786K left a modest 4% surplus.

Mission

Assist in training and placing in productive employment individuals with significant barriers to employment.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $927,668
Program Service Revenue $93,319
Investment Income $7
Other Revenue $31,725
TOTAL REVENUE $1,052,719

Expense Breakdown

Grants Paid $0
Salaries & Benefits $776,121
Fundraising Expenses $0
Program Expenses $885,747
Other Expenses $234,017
TOTAL EXPENSES $1,010,138

Year-over-Year Comparison

2024 2023 Change
Revenue $1,052,719 $954,758 +0.1%
Expenses $1,010,138 $979,821 +0.0%
Net Income $42,581 $-25,063 -2.7%
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

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
27
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
4
$91,349
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly Olson Executive Dir. 40.00
Officer
$80,517 $10,832 $91,349
Paullyn Carey Director 1.00
Director
$0 $0 $0
Alyssa Horn Director 1.00
Director
$0 $0 $0
Beth Schneider Director 1.00
Director
$0 $0 $0
Lacey Johnson Ex-Officio Mbr 1.00
Director
$0 $0 $0
Krista McKee Ex-Officio Mbr 1.00
Director
$0 $0 $0
Raymond McWethy Director 1.00
Director
$0 $0 $0
Sandy Stockholm Director 1.00
Director
$0 $0 $0
Kris Kline Member 1.00
Director
$0 $0 $0
Tanya Kitto Director 1.00
Director
$0 $0 $0
Ashley Glaspell Ex-Officio Mbr 1.00
Director
$0 $0 $0
Robin Wallum Ex-Officio Mbr 1.00
Director
$0 $0 $0
Justin Schramm Ex-Officio Mbr 1.00
Director
$0 $0 $0
Devon Bartscher Ex-Officio Mbr 1.00
Director
$0 $0 $0
Paul Hopkins Director 1.00
Director
$0 $0 $0
Davin Johnson Secretary/Treas 1.00
Officer
$0 $0 $0
Steve Riedel Board Chair 1.00
Officer
$0 $0 $0
Rita Nelson Vice Chairman 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 $1,052,719 $1,010,138 $517,140 $42,581
2024 No data No data No data No data
2023 $922,287 $940,406 $373,292 $-18,119
2022 $828,937 $814,075 $382,055 $14,862
2021 $883,565 $782,896 $480,660 $100,669
2019 $871,411 $853,574 $253,906 $17,837
2018 $818,462 $785,513 $236,651 $32,949
Explore More Nonprofits
Top 100 Nonprofits in South Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Cornerstones Career Learning Center with other nonprofits in South Dakota and across the country.