CORNERSTONE

EIN: 831631473 501(c)(3) Youth Development

FRAZEE, MN

Total Revenue
$444,822
Total Expenses
$392,744
Total Assets
$741,910
Net Assets
$627,627
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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
2018
Legal Domicile
MN
Principal Officer
MACKENZIE HAMM
Phone
2183296199
Tax Period
2024-07-01 to 2025-06-30

CORNERSTONE, founded in 2018, is a small nonprofit in the Youth Development sector that reported $445K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $393K left a modest 12% surplus.

Mission

PARTNERING TO DEVELOP A HEALTHIER COMMUNITY BY ENGAGING THROUGH FOOD, ARTS, CULTURE, AND SKILL BUILDING IN A SAFE AND CARING ENVIRONMENT

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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 (2024)

Revenue Breakdown

Contributions & Grants $447,286
Program Service Revenue $3,932
Investment Income $407
Other Revenue $-6,803
TOTAL REVENUE $444,822

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,816
Program Expenses $375,794
Other Expenses $392,744
TOTAL EXPENSES $392,744

Year-over-Year Comparison

2024 2023 Change
Revenue $444,822 $553,501 -0.2%
Expenses $392,744 $384,471 +0.0%
Net Income $52,078 $169,030 -0.7%
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
8
Independent Members
8
Employees
N/A
Volunteers
218

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
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANI ADAMS DIRECTOR N/A
Director
$0 $0 $0
ALBERT DOLL DIRECTOR N/A
Director
$0 $0 $0
SARAH JACOBSON DIRECTOR N/A
Director
$0 $0 $0
EMMA KETTER YOUTH BOARD N/A
Director
$0 $0 $0
AIDEN KING YOUTH BOARD N/A
Director
$0 $0 $0
HEATHER WARE NELSON DIRECTOR N/A
Director
$0 $0 $0
MINDY OELFKE DIRECTOR N/A
Director
$0 $0 $0
LATASHA SCOTT DIRECTOR N/A
Director
$0 $0 $0
KEN MIOSEK PRESIDENT N/A
Officer
$0 $0 $0
KAREN MITCHELL SECRETARY N/A
Officer
$0 $0 $0
ALISSA RATZ TREASURER N/A
Officer
$0 $0 $0
RYAN STOCKSTROM VICE PRESIDE N/A
Officer
$0 $0 $0
KATIE VASEY SECRETARY N/A
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
2025 $444,822 $392,744 $741,910 $52,078
2024 No data No data No data No data
2023 $165,935 $106,985 $601,825 $58,950
2022 $202,149 $41,299 $497,037 $160,850
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