JANESVILLE, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
CORNERSTONE OF HOPE, INC. EXISTS TO IMPROVE THE QUALITY OF LIFE FOR WORKING-CLASS FAMILIES, VETERANS, AND SENIOR CITIZENS IN THE LOW TO MIDDLE-INCOME BRACKET WHO WISH TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR CHILDREN THROUGH BETTER NUTRITION, SAFER LIVING CONDITIONS, AND AFFORDABLE HOUSING.
NEW HOME CONSTRUCTION - CORNERSTONE OF HOPE (CSOH) HELPS FAMILIES WHO DO NOT QUALIFY FOR A CONVENTIONAL MORTGAGE AND ARE IN NEED OF A HELPING HAND TO REACH THEIR GOAL OF HOME OWNERSHIP. HOMES ARE...
NEW HOME CONSTRUCTION - CORNERSTONE OF HOPE (CSOH) HELPS FAMILIES WHO DO NOT QUALIFY FOR A CONVENTIONAL MORTGAGE AND ARE IN NEED OF A HELPING HAND TO REACH THEIR GOAL OF HOME OWNERSHIP. HOMES ARE SOLD AT NO-INTEREST ON 30-YEAR MORTGAGES TO THE FAMILY AFTER THEY HAVE COMPLETED THEIR SWEAT EQUITY HOURS. HOMES ARE APPROXIMATELY 1,100 SQUARE FEET IN SIZE WITH THREE BEDROOMS, ONE BATHROOM, KITCHEN, LIVING ROOM AND DINING AREAS. FAMILIES LEARN HOW TO MAINTAIN AND CARE FOR THEIR HOME. HOMEOWNERS ARE SET UP TO SUCCEED WITH PAYMENTS THAT INCLUDE REAL ESTATE TAXES, INSURANCE AND PRINCIPAL AT OR BELOW 30% OF THEIR MONTHLY TAKE HOME PAY.
HOME SUPPLY OUTLET - THE RETAIL STORES ACCEPT DONATIONS OF NEW AND USED SALE-ABLE BUILDING MATERIALS SUCH AS CABINETS, FLOORING, DOORS, WINDOWS, LUMBER, AS WELL AS LIGHTING AND PLUMBING FIXTURES...
HOME SUPPLY OUTLET - THE RETAIL STORES ACCEPT DONATIONS OF NEW AND USED SALE-ABLE BUILDING MATERIALS SUCH AS CABINETS, FLOORING, DOORS, WINDOWS, LUMBER, AS WELL AS LIGHTING AND PLUMBING FIXTURES. CORNERSTONE OF HOPE HAS RECYCLED OVER A TON OF MATERIALS FROM THE STORE EACH MONTH THAT WOULD OTHERWISE HAVE BEEN PLACED IN A LANDFILL. SOME MATERIALS ARE USED TO BUILD AND REPAIR HOMES IN ROCK AND JEFFERSON COUNTIES. THE REMINDER IS SOLD TO THE PUBLIC AT 50-75% OFF THE RETAIL PRICE AND THOSE FUNDS ARE USED TO BUILD AND REPAIR THE HOMES OF LOW- TO MIDDLE-INCOME FAMILIES.
PRODUCE FOR PANTRIES - CORNERSTONE OF HOPE HELPS INDIVIDUALS AND FAMILIES THROUGHOUT SOUTH CENTRAL WI TO RAISE HIGH QUALITY FRUITS AND VEGETABLES FOR THEMSELVES, THEIR NEIGHBORS, AND AREA PANTRIES...
PRODUCE FOR PANTRIES - CORNERSTONE OF HOPE HELPS INDIVIDUALS AND FAMILIES THROUGHOUT SOUTH CENTRAL WI TO RAISE HIGH QUALITY FRUITS AND VEGETABLES FOR THEMSELVES, THEIR NEIGHBORS, AND AREA PANTRIES. GARDENERS ARE GIVEN UP TO TWO FREE GARDEN BEDS WITH THE SOIL, SEEDS AND PLANTS NEEDED TO PLANT EACH BED. THEY ARE TAUGHT HOW FOOD GROWS, THE IMPORTANCE OF PROPER NUTRITION AND CREATIVE WAYS TO ADD HEALTHY FOODS TO THEIR DIETS. LOCAL BUSINESSES, SCHOOLS AND COMMUNITY GARDENS HAVE JOINED CORNERSTONE OF HOPE TO GROW NUTRITIOUS FOOD FOR FAMILIES IN NEED. IN 2022 WE PRODUCED THOUSANDS OF POUNDS OF PRODUCE DONATED TO AREA PANTRIES, SENIOR CENTERS AND ORGANIZATIONS PROVIDING MEALS TO PERSONS IN NEED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
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