Coro Center for Civic Leadership

Nonprofit profile at a glance

EIN
311703402
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Pittsburgh, PA, USA
Phone
4122015772
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Leadership Development

Official website

Reported finances

Revenue
$826,529
Expenses
$983,748
Assets
$190,040
Liabilities
$46,251

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • SABRINA SAUNDERS MOSBY (PRESIDENT AND CEO)

Highest reported compensation

  • SABRINA SAUNDERS MOSBY (PRESIDENT AND CEO): $69,378 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Coro's mission is to advance ethical and effective leaders who share a commitment to civic engagement. We are building a pipeline of leaders to foster collaboration within and across the region's business, government and non-profit sectors. We don't create leaders; we bring out the leader in each person. We provide the tools they need to change the world around them. During the 2017-2018 fiscal year, coro engaged more than 176 people in our programs and over 2,500 since 1999. Coro alumni hold leadership positions across pittsburgh's business, government and nonprofit sectors.

What it reported doing in 2017

Fellows program in public affairsan intensive, graduate-level program that introduces participants to all aspects of the public affairs arena, preparing them to translate their ideals into action for improving their own communities and beyond. The program runs for 9 months and includes placements in business, nonprofit and government organizations. 12 fellows graduated in june 2018.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 16
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $185.47 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -19%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: -7.1% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -13.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $856K in reported program spending
  • Leadership: top reported pay $69K · 16 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.