Cornerstone Academy and Ministries Inc (EIN 593646631) - 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

2001

Legal Domicile

Phone

3523789337

Tax Period

2023-07-01 to 2024-06-30

Cornerstone Academy and Ministries Inc, founded in 2001, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $370K, a strong 21% operating margin.

Mission

Cornerstone Academy's mission is to assist in providing an excellent classical education and in building Godly character founded on a biblical worldview resulting in passionate disciples of Jesus Christ.

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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 (2023)

Revenue Breakdown

Contributions & Grants $222,062

Program Service Revenue $1,487,601

Investment Income $4,678

Other Revenue $15,966

TOTAL REVENUE $1,730,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $905,859

Fundraising Expenses $0

Program Expenses $1,297,425

Other Expenses $454,308

TOTAL EXPENSES $1,360,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,730,307	$1,402,992	+0.2%
Expenses	$1,360,167	$1,237,857	+0.1%
Net Income	$370,140	$165,135	+1.2%

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
Shirley Campen	Vice President	5.00	Director	$0	$0	$0
Rodolfo Valladares	Director	5.00	Director	$0	$0	$0
Barnett Chenault	President	5.00	Director	$0	$0	$0
Christina Fischer	Treasurer	5.00	Director	$0	$0	$0
Kristy Currier	Secretary	5.00	Director	$0	$0	$0
Carrie Mengelkoch	Director	5.00	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	$1,730,307	$1,360,167	$750,556	$370,140
2023	$1,402,992	$1,237,857	$395,038	$165,135
2022	$1,294,422	$1,097,837	$241,364	$196,585
2021	$966,744	$1,011,178	$131,501	$-44,434
2020	$1,153,856	$1,015,995	$121,389	$137,861
2018	$1,208,776	$1,208,490	$108,099	$286

Cornerstone Academy and Ministries Inc