CORNERSTONE OF HOPE INC (EIN 464074247) - 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

DAVID THOMAS

Phone

6085634673

Tax Period

2022-01-01 to 2022-12-31

CORNERSTONE OF HOPE INC, founded in 2013, is a small nonprofit in the Housing & Shelter sector that reported $152K in total revenue in fiscal year 2022. Net assets of $621K represent 49 months of operating reserves.

Mission

TO WITNESS TO AND IMPLEMENT THE GOSPEL OF JESUS CHRIST IN WISCONSIN AND THROUGHOUT THE UNITED STATES AND THE WORLD BY WORKING WITH ECONOMICALLY DISADVANTAGED PEOPLE TO HELP THEM TO CREATE A BETTER HUMAN HABITAT IN WHICH TO LIVE AND WORK; TO COOPERATE WITH OTHER CHARITABLE ORGANIZATIONS, THROUGH GRANTS AND OTHERWISE, WHICH ARE WORKING TO DEVELOP A BETTER HUMAN HABITAT FOR ECONOMICALLY DISADVANTAGED PEOPLE; TO COMMUNICATE THE GOSPEL OF JESUS CHRIST BY MEANS OF THE SPOKEN AND WRITTEN WORD.

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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 $34,342

Program Service Revenue $119,680

Investment Income $440

Other Revenue $-2,316

TOTAL REVENUE $152,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,345

Fundraising Expenses $20,610

Program Expenses $106,375

Other Expenses $32,579

TOTAL EXPENSES $166,924

Year-over-Year Comparison

	2022	2021	Change
Revenue	$152,146	$158,051	0.0%
Expenses	$166,924	$200,486	-0.2%
Net Income	$-14,778	$-42,435	-0.7%

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

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

$64,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT HIRSCH	PRESIDENT	1.00	Officer Director	$0	$0	$0
NOAH THOMPSON	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TERRY DULLER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID THOMAS	EXECUTIVE DIRECTOR	40.00	Officer	$64,500	$0	$64,500

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	$152,146	$166,924	$634,358	$-14,778
2021	$158,051	$200,486	$659,881	$-42,435
2020	$170,720	$190,019	$700,270	$-19,299
2019	$160,761	$194,982	$731,837	$-34,221
2018	$161,614	$202,826	$774,749	$-41,212

CORNERSTONE OF HOPE INC