CORRYVILLE COMMUNITY DEVELOPMENT CORPORATION (EIN 311456153) - 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

1995

Legal Domicile

Principal Officer

BURGESS DOAN

Phone

5132211687

Tax Period

2022-07-01 to 2023-06-30

CORRYVILLE COMMUNITY DEVELOPMENT CORPORATION, founded in 1995, is a micro nonprofit in the Community Improvement sector that reported $49K in total revenue in fiscal year 2022. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $207K exceeded revenue, resulting in a 324% operating deficit.

Mission

TO CREATE A VITAL COMMUNITY WHERE PEOPLE OF ALL AGES AND BACKGROUNDS HAVE THE OPPORTUNITY TO LIVE AND WORK, AND WHERE QUALITY EDUCATION WILL BE AVAILABLE.

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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 $36,000

Program Service Revenue $0

Investment Income $0

Other Revenue $12,782

TOTAL REVENUE $48,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,573

Fundraising Expenses $0

Program Expenses $164,981

Other Expenses $113,040

TOTAL EXPENSES $206,613

Year-over-Year Comparison

	2022	2021	Change
Revenue	$48,782	$235,611	-0.8%
Expenses	$206,613	$374,395	-0.4%
Net Income	$-157,831	$-138,784	+0.1%

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

$104,977

Total Directors

$104,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL LUTHER	EXECUTIVE DIRECTOR (UNTIL 3/31/23)	10.00	Officer Director	$104,977	$0	$104,977
GRISHMA PATEL	TRUSTEE	1.00	Director	$0	$0	$0
MEGAN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
BURGESS DOAN	PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2023	$48,782	$206,613	$3,078	$-157,831
2022	$235,611	$374,395	$2,021	$-138,784
2021	$95,679	$225,893	$21,951	$-130,214
2020	$115,731	$225,406	$30,421	$-109,675
2019	$37,500	$139,799	$37,847	$-102,299
2018	$35,000	$141,038	$32,996	$-106,038

CORRYVILLE COMMUNITY DEVELOPMENT CORPORATION