Snohomish, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CORNERSTONE ACADEMY, founded in 2007, is a small nonprofit that reported $594K in total revenue in fiscal year 2019. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $506K left a modest 15% surplus.
The Cornerstone Academy is a classical christian school that is parent supported, student centered and powered by passionate educators.
Teachers are our biggest resource for the school's success. We intentionally select teachers who are best able to support and further our mission.
Functioning day to day in our facility is a crucial part of our school's function and meeting the mission.
The curriculum and activities Cornerstone uses for the student's learning is very important to the long term success of meeting our graduation goals.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $593,891 | $502,433 | +0.2% |
| Expenses | $506,060 | $496,946 | +0.0% |
| Net Income | $87,831 | $5,487 | +15.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kristofer Hvattum | Dean of Students & Secondary Teacher | 30 |
Key Emp
|
$62,000 | $0 | $62,000 |
| Tracy Whitfield | Director of Operations | 30 |
Key Emp
|
$48,589 | $0 | $48,589 |
| Michelle Jones | Head of School | 30 |
Key Emp
|
$17,736 | $0 | $17,736 |
| Hillary Starr | Board Officer | 1 |
Director
|
$0 | $0 | $0 |
| Sarah Tainter | Board Officer | 1 |
Director
|
$0 | $0 | $0 |
| Becky Gallagher | Board Officer | 1 |
Director
|
$0 | $0 | $0 |
| Chuck Whitfield | Board Officer | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $593,891 | $506,060 | $159,905 | $87,831 |
| 2019 | $502,433 | $496,946 | $453,392 | $5,487 |
| 2018 | $390,967 | $419,850 | $355,751 | $-28,883 |
Compare CORNERSTONE ACADEMY with other nonprofits in Washington and across the country.