LUTHERVILLE, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CORNERSTONE FRANCISCAN MINISTRIES INC, founded in 2022, is a community nonprofit in the Religion sector that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring.
INVESTING IN PEOPLE AND INSPIRING COMMUNITY.
CORNERSTONE HAS DEVELOPED AN INNOVATIVE FINANCIAL WELLNESS APPROACH TO SUPPORT THE WORK OF ITS CORE MINISTRIES. THROUGH ITS FAMILY SERVICES MINISTRY, CORNERSTONE WORKS DIRECTLY WITH INDIVIDUALS AND...
CORNERSTONE HAS DEVELOPED AN INNOVATIVE FINANCIAL WELLNESS APPROACH TO SUPPORT THE WORK OF ITS CORE MINISTRIES. THROUGH ITS FAMILY SERVICES MINISTRY, CORNERSTONE WORKS DIRECTLY WITH INDIVIDUALS AND FAMILIES TO BUILD KEY LIFE SKILLS, SECURE ACCESS TO AND MAINTAIN AFFORDABLE HOUSING, AND MEET THEIR GOALS TOWARD A BETTER FUTURE
CORNERSTONE ALSO WORKS WITH FAITH-BASED ORGANIZATIONS PROVIDING ACCOUNTING, FINANCIAL, AND ADMINISTRATIVE SERVICES TO SUPPORT THEIR MISSION AND MINISTRIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,484,879 | $6,431,336 | -0.6% |
| Expenses | $2,707,747 | $6,223,719 | -0.6% |
| Net Income | $-222,868 | $207,617 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| REV DR KRISTOFER LINDH-PAYNE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE MORGAN | VICE-PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLIE DELGADO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN MCCARTHY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIANNA MORGAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| REV MONIQUE ELLISON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ABBOGGS JR | DIRECTOR, EX-OFFICIO, CEO/ | 40.00 |
Officer
Director
|
$170,402 | $7,899 | $178,301 |
| JUDITH M WRIGHT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH M BENTZEN | FINANCE DIRECTOR | 40.00 |
Officer
|
$103,381 | $935 | $104,316 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,484,879 | $2,707,747 | $1,997,492 | $-222,868 |
| 2023 | $6,431,336 | $6,223,719 | $2,316,635 | $207,617 |
| 2022 | $1,675,896 | $1,282 | $4,735,203 | $1,674,614 |
Compare CORNERSTONE FRANCISCAN MINISTRIES INC with other nonprofits in Maryland and across the country.