CORNERSTONE FOUNDATION OF KNOXVILLE C/O EAST TENNESSEE FOUNDATION (EIN 621666220) - 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

1996

Legal Domicile

Principal Officer

F RODNEY LAWLER

Phone

8655241223

Tax Period

2018-01-01 to 2018-12-31

CORNERSTONE FOUNDATION OF KNOXVILLE C/O EAST TENNESSEE FOUNDATION, founded in 1996, is a small nonprofit that reported $407K in total revenue in fiscal year 2018. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 399% operating deficit.

Mission

TO SERVE AS A CATALYST TO REACH OUR GOD-GIVEN POTENTIAL AS A COMMUNITY WITH FUNDING, ACTIVITIES, AND EFFECTIVE STRATEGIC ACTIONS FOCUSED ON THE GREATER KNOXVILLE GEOGRAPHIC AREA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $407,223

Program Service Revenue $0

Investment Income $128

Other Revenue $0

TOTAL REVENUE $407,351

Expense Breakdown

Grants Paid $1,729,286

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,926,485

Other Expenses $303,079

TOTAL EXPENSES $2,032,365

Year-over-Year Comparison

	2018	2017	Change
Revenue	$407,351	$1,754,869	-0.8%
Expenses	$2,032,365	$2,075,335	0.0%
Net Income	$-1,625,014	$-320,466	+4.1%

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

N/A

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

$66,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELL R LAWLER	CHAIR	0.00	Officer Director	$0	$0	$0
F RODNEY LAWLER	TREASURER	0.00	Officer Director	$0	$0	$0
RENDA J BURKHART	DIRECTOR	0.00	Director	$0	$0	$0
WILLIAM E HASLAM	DIRECTOR	0.00	Director	$0	$0	$0
A DAVID MARTIN	DIRECTOR	0.00	Director	$0	$0	$0
J LAURENS TULLOCK	PRESIDENT	12.50	Officer	$66,000	$0	$66,000

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
2018	$407,351	$2,032,365	No data	$-1,625,014

CORNERSTONE FOUNDATION OF KNOXVILLE C/O EAST TENNESSEE FOUNDATION