DAVID CORN MINISTRIES

EIN: 810896290 501(c)(3) Religion

HOUSTON, TX

Total Revenue
$236,065
Total Expenses
$210,413
Total Assets
$181,728
Net Assets
$163,169
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
David M Corn
Phone
2812560853
Tax Period
2025-01-01 to 2025-12-31

DAVID CORN MINISTRIES, founded in 2015, is a small nonprofit in the Religion sector that reported $236K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $210K left a modest 11% surplus.

Mission

DCM will be organized for the exclusive purposes of charitable, educational, and religious, within the meaning section 501(c)(3) of the IRS Code of 1986, as amended in future Federal tax law ("Section 501(c)(3)") and intends to comply with $151.310(aX2) for Religious, Educational, and Public Service Organizations found in the Limited Sales, Excise, and Use Tax Act of Texas and will operate as a IRS 501(c)3 organization, which status it will seek. Should DCM ever require, its dissolution will be according to Texas Business Organizations Code 522.304 and will not distribute its assets to individuals, but rather to another qualified 501(c)3 organization. DCM is being organized exclusively for exempt purposes and none of its net eamings will inure to the benefit of any private individual. DCM will not engage substantially to influence legislation or political campaigns, DCM will operate according to public policy (i.e. no racial discrimination) and biblical standards.

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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 $235,428
Program Service Revenue $0
Investment Income $637
Other Revenue $0
TOTAL REVENUE $236,065

Expense Breakdown

Grants Paid $16,929
Salaries & Benefits $76,189
Fundraising Expenses $0
Program Expenses $210,413
Other Expenses $117,295
TOTAL EXPENSES $210,413

Year-over-Year Comparison

2025 2024 Change
Revenue $236,065 $211,212 +0.1%
Expenses $210,413 $181,013 +0.2%
Net Income $25,652 $30,199 -0.2%
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
6
Independent Members
3
Employees
2
Volunteers
983

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
3
$68,278
Total Directors
3
$0
Key Employees
2
$68,278
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mr David M Corn President, Evangelist, Youth Speaker 32
Officer Key Emp
$54,368 $0 $54,368
Mrs Joy E Corn Vice President, Musician, Counselor 12
Officer Key Emp
$13,910 $0 $13,910
Pastor Jonathan F Pope Director 0.25
Director
$0 $0 $0
Mr Todd Montgomery Director 0.25
Director
$0 $0 $0
Mr Keith W Troutman Director 0.25
Director
$0 $0 $0
Mr Kruger C Corn Secretary Treasurer 15
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
2025 $236,065 $210,413 $181,728 $25,652
2024 $211,212 $181,013 $153,541 $30,199
2023 $270,948 $299,513 $162,446 $-28,565
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