CORINTHIAN DEVELOPMENT CORPORATION

EIN: 611472175 501(c)(3) Religion

Louisville, KY

Total Revenue
$178,044
Total Expenses
$129,377
Total Assets
$1,055,039
Net Assets
$782,550
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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
2003
Legal Domicile
KY
Principal Officer
LINDA KING
Phone
5025834541
Tax Period
2025-01-01 to 2025-12-31

CORINTHIAN DEVELOPMENT CORPORATION, founded in 2003, is a small nonprofit in the Religion sector that reported $178K in total revenue in fiscal year 2025. The organization ran a surplus of $49K, a strong 27% operating margin.

Mission

ECONOMIC DEVELOPMENT

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $82,774
Program Service Revenue $95,270
Investment Income $0
Other Revenue $0
TOTAL REVENUE $178,044

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $129,377
Other Expenses $129,377
TOTAL EXPENSES $129,377

Year-over-Year Comparison

2025 2024 Change
Revenue $178,044 $174,635 +0.0%
Expenses $129,377 $138,470 -0.1%
Net Income $48,667 $36,165 +0.3%
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

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Governance

Voting Members
7
Independent Members
4
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA KING PRESIDENT 010.00
Officer Director Key Emp
$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 $178,044 $129,377 $1,055,039 $48,667
2024 $174,635 $138,470 $1,055,039 $36,165
2023 $95,303 $59,138 $1,055,039 $36,165
2022 $106,242 $60,800 $1,056,783 $45,442
2021 $114,844 $71,146 $1,055,039 $43,698
2020 $98,191 $75,370 $1,055,039 $22,821
2019 $35,395 No data $1,055,039 No data
2018 $35,722 No data $1,055,039 No data
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