Is Coris Place Legit?

Coris Place demonstrates strong financial health and growth over the past decade. Revenue has consistently increased, from $770,597 in 2014 to $2,771,065 in 2023, indicating growing support and operational capacity. The organization has maintained a healthy surplus, with revenues consistently exceeding expenses, contributing to a substantial increase in assets from $684,184 in 2014 to $3,819,564 in 2023. This growth in assets, coupled with zero liabilities reported in the last two periods (2022 and 2023), suggests excellent financial management and stability. The organization's spending efficiency appears robust, as evidenced by the consistent surpluses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that a significant portion of funds are being managed effectively. The absence of reported officer compensation across all filings indicates a commitment to directing resources towards the mission rather than executive salaries, which is a strong positive for transparency and donor confidence. Overall, Coris Place exhibits a very positive financial trajectory. The consistent growth, healthy asset accumulation, and lack of liabilities point to a well-managed and financially secure nonprofit. The zero officer compensation further enhances its transparency and dedication to its stated purpose.