THE CORNERSTONE SCHOOL INC (EIN 592217451) - 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

1982

Legal Domicile

Principal Officer

INGRID WASSERFALL

Phone

3523518840

Tax Period

2024-07-01 to 2025-06-30

THE CORNERSTONE SCHOOL INC, founded in 1982, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $4.7M left a modest 15% surplus.

Mission

TO INSPIRE STUDENTS TO BE PASSIONATE LEARNERS WHO THINK CREATIVELY AND INDEPENDENTLY, AND TO NURTURE A SENSE OF PURPOSE GUIDED BY VALUES OF TOLERANCE, INTEGRITY AND MUTUAL RESPECT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $318,837

Program Service Revenue $5,009,351

Investment Income $90,154

Other Revenue $69,454

TOTAL REVENUE $5,487,796

Expense Breakdown

Grants Paid $98,451

Salaries & Benefits $3,074,274

Fundraising Expenses $0

Program Expenses $3,157,790

Other Expenses $1,504,383

TOTAL EXPENSES $4,677,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,487,796	$4,894,554	+0.1%
Expenses	$4,677,108	$4,179,923	+0.1%
Net Income	$810,688	$714,631	+0.1%

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

103

Volunteers

220

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

$231,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARA MANOOGIAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
ROBERT DAVIES	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT ALTMAN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID MARTIN	CHAIR OF GOVERNANCE	1.00	Director	$0	$0	$0
CARA WIECHENS	CHAIR OF DEVELOPMENT	0.20	Director	$0	$0	$0
DARYLE GREEN	BOARD MEMBER	0.25	Director	$0	$0	$0
DANE SCHLINSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA GUTHRIE	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY WATERS	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN KEEN	BOARD MEMBER	0.50	Director	$0	$0	$0
JOE JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF MANTZ	BOARD MEMBER	4.00	Director	$0	$0	$0
SHANNON SCHAEFFER	BOARD MEMBER	3.00	Director	$0	$0	$0
SONJA NASSER	BOARD MEMBER	1.00	Director	$0	$0	$0
INGRID WASSERFALL	DIRECTOR OF SCHOOL	60.00	Officer	$224,084	$7,436	$231,520

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	$5,487,796	$4,677,108	$8,872,428	$810,688
2024	No data	No data	No data	No data
2023	$4,181,785	$3,619,633	$6,804,505	$562,152
2022	$3,668,998	$3,213,932	$6,647,373	$455,066
2021	$3,387,864	$2,993,845	$6,248,341	$394,019
2020	$3,485,081	$2,752,948	$5,762,442	$732,133
2019	$2,748,357	$2,519,317	$3,080,485	$229,040
2018	$2,495,803	$2,292,219	$4,659,474	$203,584

THE CORNERSTONE SCHOOL INC