Cornerstone Christian School Foundation (EIN 752964767) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Phone

3259447536

Tax Period

2023-01-01 to 2023-12-31

Cornerstone Christian School Foundation, founded in 2001, is a micro nonprofit in the Education sector that reported $19K in total revenue in fiscal year 2023. Revenue surged 2260% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 81% operating margin.

Mission

The primary exempt purpose of the organization is to provide support for operations and/or capital improvements needed for Cornerstone Christian School, a 501 (c) 3 organization.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $19,469

Other Revenue $0

TOTAL REVENUE $19,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,717

TOTAL EXPENSES $3,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,469	$825	+22.6%
Expenses	$3,717	$3,862	0.0%
Net Income	$15,752	$-3,037	-6.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
Terri McQueen	Secretary	0.50	Officer Director	$0	$0	$0
Charati Leach	Director	0.50	Director	$0	$0	$0
Daniel Jenson	Director	0.50	Director	$0	$0	$0
Rick Johnson	Director	0.50	Director	$0	$0	$0
Allie Jacobs	Director	0.50	Officer	$0	$0	$0
Joe Payne	President	1.00	Officer	$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
2023	$19,469	$3,717	$701,014	$15,752
2022	$825	$3,862	$607,408	$-3,037
2021	$38,370	$44,212	$748,858	$-5,842
2020	$96,236	$3,694	$706,624	$92,542
2019	$25,085	$70,953	$658,726	$-45,868
2018	$60,292	$44,169	$610,060	$16,123

Cornerstone Christian School Foundation