Skip to content

VI · Nonprofit

CORE FOUNDATION

CORE FOUNDATION (VI) receives grants from 6 organizations whose IRS filings report $228,541 to it, the largest being FRIENDS OF THE VIRGIN ISLANDS NATIONAL PARK INC ($148,916). 3 of them have funded it in more than one year.

Revenue FY2024
$133k
Funders on record
6
Grants received
$229k
Net assets
$237k
3/6 repeat funderspeak grant-dependency 26%
01What it does

What Core Foundation does

Mission

The c.o.r.e. Foundation inspires communities to be better stewards of the environment through marine awareness education and hands on coastal programs.

As stated on its FY2024 Form 990-EZ.

Program

  1. A serious threat to caribbean coral reefs is invasive lionfish. These venomous fish are prolific breeders and have no predators in the caribbean,so their populations is unchecked. For fifteen years, core as conducted education and training of divers for lionfhish removal using a non-projectile. The hawaiian sling device and our organization are responsible for removing thousands of these invasive fish each year from both v.I. Territoral and v.I. National park waters. Held a very successful lionfish derby with over 200 registered participants on the island of st. Croix, vi. Core has been permitted to maintain an in-water nursery to maintain genotypes of locally threatened corals and to grow them to a suitable size for nearby outplanting. Core divers conduct frequent nursery cleaning and data collection, and are finding additional nursery space.

    $67,504 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $67,504.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($55k) Expenses 100 ($22k) Net assets 100 ($114k)2020 Revenue 222 ($123k) Expenses 359 ($81k) Net assets 137 ($156k)2021 Revenue 402 ($223k) Expenses 770 ($173k) Net assets 181 ($206k)2022 Revenue 87 ($48k) Expenses 301 ($68k) Net assets 164 ($186k)2024 Revenue 240 ($133k) Expenses 397 ($89k) Net assets 209 ($237k)
20192020202120222024
Revenue (240)Expenses (397)Net assets (209)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $156k to $206k (+32%).

$114k
$156k
$206k
$186k
$237k
20192020202120222024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 42%. Grants only. Government contracts and fees sit inside program revenue.

93% of CORE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$33k
’19
$42k
’20
$50k
’21
−$19k
’22
$44k
’24
22
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20212022
Listed55
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $38k → $41k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CORE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CORE FOUNDATION leans on a few funders — its largest provides 65% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CORE FOUNDATION.

65%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 67% · 2021 94% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

85% of CORE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $12k that is directly attributable, 100% of it comes from funders outside VI, across 3 states.

MI
OH
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
VI out of state home

Funder states come from each funder’s own filing. $68k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CORE FOUNDATION runs a healthier operating margin than three-quarters of the 4,264 environment nonprofits its size.

Operating margin33% · top quartile
Revenue growth (annualized)19% · above the median

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Government funding CORE FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $90k on record.

Federal$90k
grants $90kcontracts $0
24
25
Top agencies
  • Department of the Interior$90k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CORE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In VI

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for CORE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CORE FOUNDATION?
CORE FOUNDATION (VI) receives grants from 6 organizations whose IRS filings report $228,541 to it, the largest being FRIENDS OF THE VIRGIN ISLANDS NATIONAL PARK INC ($148,916). 3 of them have funded it in more than one year.
How many funders does CORE FOUNDATION have?
IRS filings report 6 organizations giving $228,541 in grants to CORE FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of CORE FOUNDATION?
FRIENDS OF THE VIRGIN ISLANDS NATIONAL PARK INC is the largest funder on record, with $148,916 in grants. The full list of funders is on this page.
How can an organization like CORE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in VI. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Core →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing