CORNERSTONE HOUSING NORTH INC (EIN 510538131) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

SANDY ALONZO

Phone

6037527001

Tax Period

2023-07-01 to 2024-06-30

CORNERSTONE HOUSING NORTH INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $167K in total revenue in fiscal year 2023. Expenses of $212K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE AFFORDABLE, SUPPORTIVE HOUSING FOR VERY-LOW AND LOW INCOME ELDERLY PEOPLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,765

Program Service Revenue $66,034

Investment Income $57

Other Revenue $0

TOTAL REVENUE $166,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $141,935

Other Expenses $212,242

TOTAL EXPENSES $212,242

Year-over-Year Comparison

	2023	2022	Change
Revenue	$166,856	$169,212	0.0%
Expenses	$212,242	$212,978	0.0%
Net Income	$-45,386	$-43,766	+0.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDY ALONZO	CHAIR	2.00	Officer Director	$0	$0	$0
ANNE BARBER	DIRECTOR	2.00	Director	$0	$0	$0
LINDA MASSIMILLA	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA MULLEN	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD LAPALME	DIRECTOR	2.00	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	$166,856	$212,242	$1,971,772	$-45,386
2023	$169,212	$212,978	$2,123,839	$-43,766
2022	$135,554	$248,736	$2,090,187	$-113,182
2021	$164,185	$192,009	$2,149,445	$-27,824
2020	$163,759	$220,900	$2,190,925	$-57,141
2019	$157,432	$172,850	$2,228,077	$-15,418

CORNERSTONE HOUSING NORTH INC