C O R E S Inc
Only null% goes to programs Strong reserves Growing revenue
C O R E S Inc is a 501(c)(3) organization based in Somerville, Massachusetts, registered in 1998, with $123,889 in FY2023 revenue. CharityIndex grades it C+.
343 Medford Street, Somerville, MA, 02145 EIN 04-3377072 Since 1998
Revenue (FY2023)
$124K
▲ 35.2% vs prior year
Education median: $200K
Expenses (FY2023)
$91K
Net assets
$59K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for C O R E S Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For C O R E S Inc: 8 mo reserves · +27% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for C O R E S Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For C O R E S Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 343 Medford Street, Somerville, MA, 02145
- City
- Somerville
- State
- Massachusetts
- Category
- Education
- Subcategory
- Adult & Continuing Education
Financial trends
Revenue grew from $69K (FY2019) to $124K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $59K
Operating margin
26.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$59K
Total liabilities
$0
Net assets
$59K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $123,889▲35.2% | $90,623▲5.5% | $58,806▲106% | $58,806▲106% | 990 |
| 2022 | $91,649▲46.6% | $85,876▲28.9% | $28,539▲30.5% | $28,539▲30.5% | 990 |
| 2021 | $62,522▲17.0% | $66,611▲47.1% | $21,872▼15.8% | $21,872▼15.8% | 990 |
| 2020 | $53,440▼22.2% | $45,284▼34.1% | $25,990▲45.7% | $25,990▲45.7% | 990 |
| 2019 | $68,671 | $68,670 | $17,835 | $17,835 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is C O R E S Inc a legitimate nonprofit?
- Yes. C O R E S Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3377072, based in Somerville, Massachusetts. Donations are tax-deductible.
- What is C O R E S Inc's EIN?
- C O R E S Inc's Employer Identification Number (EIN) is 04-3377072.
- How much revenue does C O R E S Inc report?
- C O R E S Inc reported $123,889 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does C O R E S Inc have?
- CharityIndex grades C O R E S Inc C+, based on financial health (reserves and operating margin).
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Data for C O R E S Inc (EIN 04-3377072) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.