Core Conditions Inc
Core Conditions Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 200086073 · Fresno, CA · NTEE: F60 · Updated: 2026-03-28
Is Core Conditions Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Core Conditions Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Core Conditions Inc
Core Conditions Inc (EIN: 200086073) is a nonprofit organization based in Fresno, CA, classified under NTEE code F60. The organization reported total revenue of $4.0M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Core Conditions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Core Conditions Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$627K |
| Total Assets | $4.9M |
| Total Liabilities | $1.5M |
| Net Assets | $3.4M |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 31.3% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Core Conditions Inc reported a surplus of $627K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 31.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Core Conditions Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.8% | +24.3% | +47.5% |
| 2022 | +12.8% | +14.1% | +13.6% |
| 2021 | +24.0% | +13.1% | +14.6% |
| 2020 | +10.1% | +22.1% | +24.1% |
| 2019 | +35.4% | +28.9% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Core Conditions Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Core Conditions Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $627K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.3%.
Executive Compensation Analysis
Core Conditions Inc has reported 0% officer compensation across all available filings, indicating that no salaries were paid to officers or key employees, which is highly unusual for an organization of its size with over $4 million in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Core Conditions Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities, warranting further investigation.
Strengths
The following positive indicators were identified for Core Conditions Inc:
- Consistent and significant revenue growth over the past decade, from $1.29M in 2014 to $4.02M in 2023.
- Strong asset accumulation, growing from $0.95M in 2014 to $4.89M in 2023, indicating financial stability.
- Consistent operational surpluses, demonstrating effective expense management (e.g., $626,517 surplus in 2023).
- No reported officer compensation across all filings, suggesting a high dedication of funds to programmatic activities.
- Healthy financial reserves, with assets significantly exceeding liabilities in most periods.
Frequently Asked Questions about Core Conditions Inc
Is Core Conditions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Core Conditions Inc (EIN: 200086073) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Core Conditions Inc spend its money?
Core Conditions Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Core Conditions Inc tax-deductible?
Core Conditions Inc is registered as a tax-exempt nonprofit (EIN: 200086073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Core Conditions Inc a good charity?
Based on its financial data, Core Conditions Inc appears to be a very good charity. It demonstrates strong financial growth, consistent surpluses, and a remarkable commitment to directing funds towards its mission by reporting no officer compensation.
How has Core Conditions Inc's revenue grown over time?
Core Conditions Inc has experienced significant revenue growth, increasing from $1,291,419 in 2014 to $4,018,971 in 2023, representing over a 200% increase in less than a decade.
What is the trend in Core Conditions Inc's assets?
The organization's assets have consistently grown, from $950,039 in 2014 to $4,891,538 in 2023, indicating strong financial health and capacity building.
Does Core Conditions Inc spend efficiently?
Yes, Core Conditions Inc appears to spend efficiently, consistently operating with a surplus (e.g., $4,018,971 revenue vs. $3,392,454 expenses in 2023) and reporting no officer compensation, suggesting a high proportion of funds are directed to programs.
Filing History
IRS 990 filing history for Core Conditions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Core Conditions Inc's revenue has grown by 249.9%, moving from $1.1M to $4.0M. Total assets increased by 558.7% over the same period, from $743K to $4.9M. Total functional expenses rose by 232.6%, from $1.0M to $3.4M. In its most recent filing year (2023), Core Conditions Inc reported a surplus of $627K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $4.9M in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.4M | $4.9M | $1.5M | — | — |
| 2022 | $3.3M | $2.7M | $3.3M | $425K | — | View 990 |
| 2021 | $2.9M | $2.4M | $2.9M | $600K | — | View 990 |
| 2020 | $2.4M | $2.1M | $2.5M | $764K | — | — |
| 2019 | $2.1M | $1.7M | $2.1M | $439K | — | View 990 |
| 2018 | $1.6M | $1.3M | $1.7M | $479K | — | View 990 |
| 2017 | $1.1M | $1.2M | $941K | $174K | — | View 990 |
| 2016 | $1.3M | $1.3M | $1.1M | $185K | — | View 990 |
| 2015 | $1.3M | $1.1M | $1.1M | $199K | — | View 990 |
| 2014 | $1.3M | $1.1M | $950K | $208K | — | View 990 |
| 2013 | $1.2M | $1.1M | $771K | $218K | — | View 990 |
| 2012 | $1.1M | $1.1M | $751K | $207K | — | View 990 |
| 2011 | $1.1M | $1.0M | $743K | $208K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.4M, and assets of $4.9M (revenue +21.8% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.7M, and assets of $3.3M (revenue +12.8% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.4M, and assets of $2.9M (revenue +24.0% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.1M, and assets of $2.5M (revenue +10.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.7M, and assets of $2.1M (revenue +35.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.3M, and assets of $1.7M (revenue +45.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $941K (revenue -13.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue -1.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue -1.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $950K (revenue +11.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $771K (revenue +1.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $751K (revenue -0.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $743K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Core Conditions Inc:
Data Sources and Methodology
This transparency report for Core Conditions Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.