CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION (EIN 943100741) - 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

1986

Legal Domicile

Principal Officer

ELIZABETH VARELA

Phone

5103570205

Tax Period

2022-07-01 to 2023-06-30

CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION, founded in 1986, is a mid-sized nonprofit that reported $12.6M in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $11.8M left a modest 6% surplus.

Mission

ENDING HOMELESSNESS AND DOMESTIC VIOLENCE OF WOMEN AND CHILDREN

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,083,036

Program Service Revenue $11,445,639

Investment Income $0

Other Revenue $31,946

TOTAL REVENUE $12,560,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,890,598

Fundraising Expenses $510,669

Program Expenses $10,846,945

Other Expenses $6,954,179

TOTAL EXPENSES $11,844,777

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,560,621	$9,715,504	+0.3%
Expenses	$11,844,777	$9,236,775	+0.3%
Net Income	$715,844	$478,729	+0.5%

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

106

Volunteers

110

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

$150,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INGRID JONSSON	SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL CARNEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOLENE WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
CARLA DARTIS	DIRECTOR	2.00	Director	$0	$0	$0
SANDY SCHNIEDER	TREASURER	2.00	Officer Director	$0	$0	$0
CRISTI RITSCHEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEAN HOM	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE HANKTON	DIRECTOR	2.00	Director	$0	$0	$0
ELLEN DEKTAR	DIRECTOR	2.00	Director	$0	$0	$0
CARRIE LUTJENS	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH VARELA	EXECUTIVE DIRECTOR	40.00	Key Emp	$150,000	$0	$150,000
SABRINA THOMAS	EMERGENCY SERVICES PROGRAM	40.00	Highest	$105,000	$26,200	$131,200
EULA RACHELLE MARTIN	FINANCE DIRECTOR	40.00	Highest	$143,000	$35,700	$178,700

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	No data	No data	No data	No data
2023	$12,560,621	$11,844,777	$6,204,376	$715,844
2022	$9,715,504	$9,236,775	$4,175,110	$478,729
2021	$9,460,015	$8,122,345	$3,479,202	$1,337,670
2020	$7,190,178	$7,057,598	$3,288,072	$132,580
2019	$5,746,488	$5,559,031	$2,611,652	$187,457
2018	$5,015,892	$4,646,386	$2,452,181	$369,506

CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION