Quick charity verification for The Core Center (EIN: 141859394)
Verdict: The Core Center appears trustworthy
85/100Mission Score
$601KRevenue
$275KAssets
2Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in 2023 ($348,427 vs $331,956), indicating a net operating deficit for that period.
Unusually high liabilities in 2020 ($26,262) compared to other years, which could indicate a temporary financial strain or specific project financing.
Strengths
Consistent growth in revenue, from $102,532 in 2014 to $331,956 in 2023.
Significant asset growth, from $16,531 in 2014 to $118,485 in 2023.
No reported officer compensation across all 13 filings, indicating strong financial stewardship and dedication to mission.
Low liabilities relative to assets in most periods, suggesting a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How The Core Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Core Center
Is The Core Center a legitimate charity?
Based on AI analysis of IRS 990 filings, The Core Center (EIN: 141859394) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is The Core Center a good charity to donate to?
The Core Center has a Mission Score of 85/100. Revenue: $601K. Assets: $275K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Core Center?
The Employer Identification Number (EIN) for The Core Center is 141859394. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Core Center spend its money?
The Core Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Core Center's tax-exempt status?
You can verify The Core Center's tax-exempt status using EIN 141859394 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Core Center demonstrates a consistent growth trajectory in revenue and assets over the past decade, indicating increasing capacity and donor support. For instance, revenue grew from $102,532 in 2014 to $331,956 in 2023, and assets increased from $16,531 to $118,485 in the same period. The organization has maintained a lean operational structure with no reported officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission. However, the 2023 filing shows expenses ($348,427) exceeding revenue ($331,956), resulting in a net deficit for that period, which warrants monitoring to ensure long-term financial stability.
Spending efficiency appears to be a core focus, given the absence of executive compensation. While a detailed functional expense breakdown (program, admin, fundraising) is not provided in the summary data, the overall financial trend suggests a prudent approach to managing resources. The organization's liabilities have remained relatively low compared to its assets, indicating a healthy balance sheet, though the 2020 liabilities of $26,262 were notably higher than other years, which could be an anomaly or related to specific operational needs during that period.
Transparency is generally good through its consistent filing of IRS Form 990s. The lack of officer compensation is a significant positive indicator of financial stewardship. To further enhance transparency, a more detailed breakdown of program versus administrative and fundraising expenses would be beneficial for external stakeholders to fully assess spending efficiency. The consistent growth in assets and revenue, despite occasional operational deficits, points to a generally well-managed organization.