CORINTHIAN HOUSE RESIDENCE INC (EIN 942662962) - 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

1981

Legal Domicile

Principal Officer

MARTIN VESELY

Phone

4083561757

Tax Period

2024-05-01 to 2025-04-30

CORINTHIAN HOUSE RESIDENCE INC, founded in 1981, is a mid-sized nonprofit that reported $19.1M in total revenue in fiscal year 2024. Revenue surged 885% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.0M, a strong 26% operating margin.

Mission

WITH THE SALE OF THE ELDERLY RENTAL HOUSING ON MAY 1, 2024 THE MISSION IS NOW TO DISSOLVE AND PAY OUT REMAINING FUNDS TO QUALIFIED CHARITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $550,473

Program Service Revenue $0

Investment Income $18,546,256

Other Revenue $27,865

TOTAL REVENUE $19,124,594

Expense Breakdown

Grants Paid $14,000,000

Salaries & Benefits $4,510

Fundraising Expenses $0

Program Expenses $14,000,000

Other Expenses $98,021

TOTAL EXPENSES $14,102,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,124,594	$1,941,584	+8.8%
Expenses	$14,102,531	$1,620,916	+7.7%
Net Income	$5,022,063	$320,668	+14.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOM WOJNO	Vice President	1.00	Officer Director	$0	$0	$0
MARGARET WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE BUMGARDNER	Treasurer	1.00	Officer Director	$0	$0	$0
DOROTHY RICO	Secretary	1.00	Officer Director	$0	$0	$0
MARTIN VESELY	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	$19,124,594	$14,102,531	$7,655,287	$5,022,063
2024	$1,941,584	$1,620,916	$2,723,258	$320,668
2023	$1,872,809	$1,602,664	$2,468,957	$270,145
2022	$1,891,853	$1,583,960	$2,201,473	$307,893
2021	$1,911,601	$1,584,041	$1,945,738	$327,560
2020	$1,866,370	$1,565,705	$1,857,582	$300,665
2019	$1,852,272	$1,431,404	$1,829,665	$420,868

CORINTHIAN HOUSE RESIDENCE INC