CORNERSTONE COMMUNITY SCHOOL ASSOCIATION (EIN 874206679) - 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

Formation Year

2022

Legal Domicile

Principal Officer

Madeline Herrera

Phone

7858131820

Tax Period

2023-07-01 to 2024-06-30

CORNERSTONE COMMUNITY SCHOOL ASSOCIATION, founded in 2022, is a small nonprofit in the Education sector that reported $294K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum.

Mission

We are reimagining elementary education to cultivate equity and inspire the next generation of innovators through project-based learning. By creating hands-on projects to solve tangible, community- focused problems, the students will discover their passion for working as a team while achieving mastery in multiple disciplines.

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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 (2023)

Revenue Breakdown

Contributions & Grants $51,227

Program Service Revenue $224,777

Investment Income $71

Other Revenue $17,658

TOTAL REVENUE $293,733

Expense Breakdown

Grants Paid $23,340

Salaries & Benefits $235,437

Fundraising Expenses $0

Program Expenses $215,019

Other Expenses $41,806

TOTAL EXPENSES $300,583

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,733	$168,513	+0.7%
Expenses	$300,583	$179,177	+0.7%
Net Income	$-6,850	$-10,664	-0.4%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$2,376,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Madeline Herrera	Director	60.00	Director	$0	$0	$2,376,650
Karen Jorgensen	Director	10.00	Director	$0	$0	$0
Leila Ahvarhoush	Director	10.00	Director	$0	$0	$0
Emily Gullickson	Director	10.00	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	$293,733	$300,583	$8,948	$-6,850
2024	$293,733	$300,583	$8,948	$-6,850

CORNERSTONE COMMUNITY SCHOOL ASSOCIATION