CORNERSTONE CLASSICAL SCHOOL INC (EIN 473859262) - 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

2015

Legal Domicile

Principal Officer

TOM HEMMER

Phone

7856434460

Tax Period

2022-07-01 to 2023-06-30

CORNERSTONE CLASSICAL SCHOOL INC, founded in 2015, is a small nonprofit in the Education sector that reported $744K in total revenue in fiscal year 2022.

Mission

IN ALL ITS LEVELS, PROGRAMS, AND TEACHING, CORNERSTONE SEEKS TO: ENCOURAGE ALL STUDENTS TO DEVELOP A LOVE FOR LEARNING AND LIVE UP TO THEIR ACADEMIC POTENTIAL; PROVIDE AN ORDERLY ATMOSPHERE CONDUCIVE TO ATTAINMENT OF CORNERSTONE'S GOALS; EMPHASIZE IN ALL SUBJECTS: GRAMMAR, LOGIC, AND RHETORIC.

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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 $330,791

Program Service Revenue $406,643

Investment Income $168

Other Revenue $6,379

TOTAL REVENUE $743,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $568,467

Fundraising Expenses $0

Program Expenses $722,212

Other Expenses $203,139

TOTAL EXPENSES $771,606

Year-over-Year Comparison

	2022	2021	Change
Revenue	$743,981	$743,572	+0.0%
Expenses	$771,606	$665,352	+0.2%
Net Income	$-27,625	$78,220	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM ALLEN	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
JENEE BARTH	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREW COUCH	MEMBER	1.00	Director	$0	$0	$0
TOM HEMMER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRAD SHIELDS	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$743,981	$771,606	$1,044,456	$-27,625
2022	$743,572	$722,968	$1,095,738	$20,604
2021	$668,151	$662,337	$1,086,342	$5,814
2020	$1,263,190	$535,203	$1,158,236	$727,987
2019	$456,125	$441,415	$96,795	$14,710
2018	$429,628	$430,668	$64,118	$-1,040

CORNERSTONE CLASSICAL SCHOOL INC