Cornerstone Community Homes (EIN 680021269) - 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

Legal Domicile

Principal Officer

Kate O'Connor

Phone

4154728600

Tax Period

2024-07-01 to 2025-06-30

Cornerstone Community Homes is a community nonprofit in the Human Services sector that reported $7.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $7.0M left a modest 3% surplus.

Mission

To enhance the lives of people who have developmental disabilities by providing high quality residential programs that support health, choice, and personal growth, with an emphasis on individual needs, strengths, and preferences.

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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 $42,881

Program Service Revenue $7,135,591

Investment Income $14,596

Other Revenue $0

TOTAL REVENUE $7,193,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,719,719

Fundraising Expenses $0

Program Expenses $5,775,546

Other Expenses $1,235,751

TOTAL EXPENSES $6,955,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,193,068	$6,160,554	+0.2%
Expenses	$6,955,470	$6,050,171	+0.1%
Net Income	$237,598	$110,383	+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

104

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

$193,317

Total Directors

$193,317

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Ann Carbone	Executive Dir.	40.00	Officer Director	$193,317	$0	$193,317
Abraham Sofer	President	1.00	Director	$0	$0	$0
Cres Van Keulen	Treasurer	1.00	Director	$0	$0	$0
Veronica Higgins	Director	1.00	Director	$0	$0	$0
Nancy Smith	Board Memeber	1.00	Director	$0	$0	$0
Denise Billings	Secretary	1.00	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	$7,193,068	$6,955,470	$4,526,197	$237,598
2024	$6,160,554	$6,050,171	$4,163,278	$110,383
2023	$5,322,130	$4,927,905	$4,067,340	$394,225
2022	$4,387,433	$4,090,436	$3,877,249	$296,997
2021	$3,821,628	$3,933,274	$3,675,386	$-111,646
2019	$3,725,984	$3,515,171	$3,570,577	$210,813

Cornerstone Community Homes