New York Chapter of Core Inc

Nonprofit profile at a glance

EIN
133608663
IRS 990-EZ coverage
2009–2013
Forms available
Form 990 2010, Form 990-EZ 2013
Location
New York, NY, USA
Phone
2125984000
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Residential Care & Adult Day Programs

Reported finances

Revenue
$126,070
Expenses
$120,916
Assets
$14,907
Liabilities
$158,310

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • George Holmes (Executive Director)

People named in this filing

  • Diane Addison (Project Coodinator)
  • Niger Innis (Spokesperson)
  • Robert Harris (Board Member)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote Civil & Human Rights; Encourage raicial tolerance, understanding and harmony among peoples of the world; Promote peace and justice for all people. Assist the destitute or otherwize underprivileged people in our community

What it reported doing in 2013

Community Capacity Building Programs - Includes community development, international affairs, outreach, voter education, image enhancment & information decemination. Includes Crime Victims Programs, Legal Services; Assistance to victims or witnesses to crime; Anti-crime campaigns; organizing neighborhood watch programs and other programs that provide critical information to communities served.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 92%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 4.1%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 10.62; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 38.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -27.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -29.9% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 92% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $111K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2009 to 2013
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.