The Core Network
Nonprofit profile at a glance
- EIN
- 330705166
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Virginia Beach, VA, USA
- Phone
- 7574907871
- Rating confidence
- Limited
Reported finances
- Revenue
- $544
- Expenses
- $149
- Assets
- $7,749
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RACHEL KRUPNICK (EXECUTIVE DIRECTOR)
People named in this filing
- MICHAEL DIVARIS (VICE CHAIRMAN)
- GRANT STEWART (CHAIRMAN)
- KEENE MILLER (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Real estate brokerage assistance in marketing and research
What it reported doing in 2025
Meetings and special events including national & regional conferences for members and potential members. Speakers specializing in the commercial real estate arena gave presentations of interest to all attendees. All member firms participated.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 88
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 72.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 52.01; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -14.6% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2010 to 2025
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.