Csone Corp
Nonprofit profile at a glance
- EIN
- 991697819
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Franklin, MA, USA
- Phone
- 5089183481
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $16,000
- Expenses
- $2,101
- Assets
- $13,899
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- EUNICE HOWARD (EXECUTIVE DIRECTOR)
People named in this filing
- EUNICE HOWARD (EXECUTIVE DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
CSONE CORP is a faith-based 501(c)(3) charitable organization committed to helping low-income disabled persons, veterans, and seniors with affordable housing, and employment opportunities by providing educational and financial resources to improve their quality of life.
What it reported doing in 2024
SONE CORP's mission is to provide affordable housing, mobility solutions, and economic empowerment services to underserved populations including veterans, low-income individuals, persons with disabilities, and seniors. During 2024, CSONE CORP conducted outreach to community organizations for client resources, launched financial literacy initiatives, facilitated connections to first time homebuying opportunities, and received a $16,000 charitable donation to support the organization's housing development and other service programs we offer.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 11
- Transparency & Controls: 100
- Sustainability: 87
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.1%; rating input score 3
- Program expense ratio: 23.8%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 86.9%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 6.62; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 3.1% of revenue deployed · 23.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $500 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.