Cornerstone Community Church (EIN 880941641) - 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

2022

Legal Domicile

Principal Officer

Dr Calvin McFadden

Tax Period

2023-01-01 to 2023-12-31

Cornerstone Community Church, founded in 2022, is a small nonprofit that reported $570K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 20% operating margin.

Mission

The Cornerstone Church mission is to Discover Christ. Embrace Community. Change the World. We will never lose sight of the Great Commission from GOD and believe that The best is still yet to come.

🔒

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 $569,802

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $569,802

Expense Breakdown

Grants Paid $1,543

Salaries & Benefits $345,776

Fundraising Expenses $0

Program Expenses $1,543

Other Expenses $110,858

TOTAL EXPENSES $458,177

Year-over-Year Comparison

	2023	2022	Change
Revenue	$569,802	$469,515	+0.2%
Expenses	$458,177	$444,985	+0.0%
Net Income	$111,625	$24,530	+3.6%

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

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Whitney Oringe	Secretary	15.00	Director	$0	$0	$0
Elton Davies	Director	20.00	Director	$0	$0	$0
Vanetia Weatherspoon-Johnson	General Counsel	10.00	Director	$0	$0	$0
Derek Braxton	Vice President	15.00	Director	$0	$0	$0
Dr Calvin McFadden	Pastor & Founder	60.00	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	$569,802	$458,177	$136,155	$111,625
2022	$469,515	$444,985	$24,530	$24,530

Cornerstone Community Church