Cornerstone Ballet Company (EIN 462984978) - 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

2013

Legal Domicile

Principal Officer

Patricia Detweiler

Tax Period

2022-01-01 to 2022-12-31

Cornerstone Ballet Company, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $443K in total revenue in fiscal year 2022.

Mission

The organization was established to provide dance instructions to children who could not otherwise afford. The students are also provided opportunities to perform in programs demonstrating what they have learned.

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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 (2022)

Revenue Breakdown

Contributions & Grants $12,650

Program Service Revenue $430,270

Investment Income $0

Other Revenue $0

TOTAL REVENUE $442,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $306,749

Other Expenses $461,583

TOTAL EXPENSES $461,583

Year-over-Year Comparison

	2022	2021	Change
Revenue	$442,920	N/A	N/A
Expenses	$461,583	N/A	N/A
Net Income	$-18,663	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

Governance

Voting Members

Independent Members

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
Clay Hecocks	Director	Director	$0	$0	$0
Robert Hagood	Vice President	Officer Director	$0	$0	$0
Susan Hagood	Secretary	Officer Director	$0	$0	$0
Patricia Detweiler	President	Officer Director	$0	$0	$0
John Detweiler	Treasurer	Officer 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
2022	$442,920	$461,583	$21,409	$-18,663
2021	$330,436	$325,073	$40,686	$5,363
2020	$212,132	$229,238	$35,950	$-17,106
2019	$268,334	$267,315	$60,456	$1,019
2018	$252,039	$230,674	$56,381	$21,365

Cornerstone Ballet Company