The Core Center

The Core Center shows consistent growth in revenue and assets with no reported officer compensation, though 2023 expenses exceeded revenue.

EIN: 141859394 · Delaware, OH · NTEE: E40 · Updated: 2026-03-28

$601KRevenue

$275KAssets

85/100Mission Score (Excellent)

E40

About The Core Center

The Core Center (EIN: 141859394) is a nonprofit organization based in Delaware, OH, classified under NTEE code E40. The organization reported total revenue of $601K and total assets of $275K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Core Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Core Center with a Mission Score of 85 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, The Core Center 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean leadership structure.

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 The Core Center's IRS 990 filings:

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

The following positive indicators were identified for The Core Center:

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.

Frequently Asked Questions about The Core Center

Is The Core Center a good charity?

Based on the available data, The Core Center appears to be a good charity. It demonstrates consistent growth, strong asset accumulation, and a remarkable commitment to its mission by not reporting any officer compensation. However, the 2023 deficit where expenses ($348,427) exceeded revenue ($331,956) should be monitored.

How has The Core Center's financial health changed over time?

The Core Center has shown significant financial growth. Revenue increased from $102,532 in 2014 to $331,956 in 2023, and assets grew from $16,531 to $118,485 in the same period, indicating a positive trend in financial capacity.

What is the significance of 0% officer compensation?

0% officer compensation is highly significant as it suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation. This indicates a strong dedication to directing funds towards programmatic activities rather than executive salaries.

Are there any concerns regarding The Core Center's liabilities?

Generally, liabilities have been low relative to assets. However, the liabilities in 2020 ($26,262) were notably higher than in other years, which could warrant further investigation into the specific circumstances of that period.

Filing History

IRS 990 filing history for The Core Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Core Center's revenue has grown by 211.4%, moving from $107K to $332K. Total assets increased by 290.6% over the same period, from $30K to $118K. Total functional expenses rose by 294.3%, from $88K to $348K. In its most recent filing year (2023), The Core Center reported a deficit of $16K, with expenses exceeding revenue. The organization holds $5K in liabilities against $118K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $113K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$332K	$348K	$118K	$5K	—	View 990
2022	$296K	$291K	$137K	$6K	—	View 990
2021	$276K	$199K	$130K	$4K	—	View 990
2020	$202K	$179K	$75K	$26K	—	View 990
2019	$165K	$168K	$27K	$2K	—	View 990
2018	$149K	$152K	$30K	$2K	—	View 990
2017	$179K	$159K	$31K	$1K	—	View 990
2016	$140K	$136K	$13K	$3K	—	View 990
2015	$142K	$153K	$5K	$454	—	View 990
2014	$103K	$133K	$17K	$1K	—	View 990
2013	$132K	$116K	$46K	$102	—	View 990
2012	$79K	$80K	$29K	$-737	—	View 990
2011	$107K	$88K	$30K	$117	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $332K, expenses of $348K, and assets of $118K (revenue +12.2% year-over-year).
2022: Revenue of $296K, expenses of $291K, and assets of $137K (revenue +7.1% year-over-year).
2021: Revenue of $276K, expenses of $199K, and assets of $130K (revenue +36.4% year-over-year).
2020: Revenue of $202K, expenses of $179K, and assets of $75K (revenue +22.4% year-over-year).
2019: Revenue of $165K, expenses of $168K, and assets of $27K (revenue +10.7% year-over-year).
2018: Revenue of $149K, expenses of $152K, and assets of $30K (revenue -16.7% year-over-year).
2017: Revenue of $179K, expenses of $159K, and assets of $31K (revenue +28.1% year-over-year).
2016: Revenue of $140K, expenses of $136K, and assets of $13K (revenue -1.4% year-over-year).
2015: Revenue of $142K, expenses of $153K, and assets of $5K (revenue +38.5% year-over-year).
2014: Revenue of $103K, expenses of $133K, and assets of $17K (revenue -22.4% year-over-year).
2013: Revenue of $132K, expenses of $116K, and assets of $46K (revenue +67.9% year-over-year).
2012: Revenue of $79K, expenses of $80K, and assets of $29K (revenue -26.2% year-over-year).
2011: Revenue of $107K, expenses of $88K, and assets of $30K.

Data Sources and Methodology

This transparency report for The Core Center 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.