The Cornerstone of Beaver County

EIN: 812519152 501(c)(3) Human Services

Beaver Falls, PA

Total Revenue
$1,756,039
Total Expenses
$1,940,830
Total Assets
$1,506,070
Net Assets
$1,438,462
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
PA
Principal Officer
Marie Timpano
Phone
7248466400
Tax Period
2023-07-01 to 2024-06-30

The Cornerstone of Beaver County, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

To coordinate local housing resources to prevent and end homelessness

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,751,927
Program Service Revenue $0
Investment Income $0
Other Revenue $4,112
TOTAL REVENUE $1,756,039

Expense Breakdown

Grants Paid $576,704
Salaries & Benefits $1,026,191
Fundraising Expenses $4,695
Program Expenses $1,857,093
Other Expenses $337,935
TOTAL EXPENSES $1,940,830

Year-over-Year Comparison

2023 2022 Change
Revenue $1,756,039 $1,874,817 -0.1%
Expenses $1,940,830 $1,361,648 +0.4%
Net Income $-184,791 $513,169 -1.4%
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

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Governance

Voting Members
11
Independent Members
11
Employees
30
Volunteers
14

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
4
$0
Total Directors
11
$0
Key Employees
2
$158,055
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marie Timpano Executive Director 40.00
Key Emp
$82,328 $0 $82,328
Ashley McLaughlin Deputy Director 40.00
Key Emp
$75,727 $0 $75,727
Maureen Harrington President 3.00
Officer Director
$0 $0 $0
Joanne Koehler Vice President 2.00
Officer Director
$0 $0 $0
Matthew Dawson Treasurer 2.00
Officer Director
$0 $0 $0
Mike Grafton Board Member 1.00
Director
$0 $0 $0
Teresa Lukes Board Member 1.00
Director
$0 $0 $0
Elizabeth Focer Repman Board Member 1.00
Director
$0 $0 $0
Darrell Jerome Secretary 1.00
Officer
$0 $0 $0
Katie Thomas Board Member 1.00
Director
$0 $0 $0
Matthew Miller Board Member 1.00
Director
$0 $0 $0
Stephen Gardner Board Member 1.00
Director
$0 $0 $0
Inika Jones Board Member 1.00
Director
$0 $0 $0
Leslie Benedetto Board Member 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 No data No data No data No data
2024 $1,756,039 $1,940,830 $1,506,070 $-184,791
2023 $1,874,817 $1,361,648 $1,724,176 $513,169
2022 $1,579,626 $1,097,871 $1,239,214 $481,755
2021 $1,766,346 $1,378,239 $824,552 $388,107
2019 $652,924 $658,323 $322,775 $-5,399
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