Nonprofit screen
Screen a listCore Programs Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$5.0Mrevenue
FY2024 · +36% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−9.4%
Months of reserve3.5mo
Revenue growth (annualized)+73.2%
Middle half of peersMedianCore Programs
Where the money goes FY2024 · $5.4M spent
Programs$3.9M72%Management and general$1.5M28%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$604k in FY2022, −$651k in FY2023 and −$469k in FY2024. Cash covers 3.5 months, under the peer median of 4.4.
990 Part I and balance sheetIn its favor2
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 73% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort12funders
$217ka year, last 3 years
31%from its largest funder
Funder’19’20’21’22’23Local Initiatives Support CorporationOn and off$325k$200kParentchild IncStopped after FY2022$145k$87k$96k–National Basketball Players Association FoundationOn and off$50k$100kUnited Way of Greater Charlotte IncOn and off$65kSouthminster IncOn and off$55kTruist Foundation IncNew in FY2023$50kDonor-advised giftsDonors not disclosed$5$20k$5$10k3 other fundersUp to $10k a year each$23k
FundedThrough a donor-advised fundStopped