CORES INC (EIN 043377072) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

MARCOS GRANADENO-GARCIA

Phone

6176235322

Tax Period

2024-01-01 to 2024-12-31

CORES INC, founded in 1991, is a micro nonprofit in the Education sector that reported $73K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $85K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO SUPPORT THE LEGAL AND SOCIAL NEEDS OF THE IMMIGRANT COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $72,518

Investment Income $3

Other Revenue $0

TOTAL REVENUE $72,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,400

Fundraising Expenses $0

Program Expenses $84,501

Other Expenses $62,101

TOTAL EXPENSES $84,501

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,521	$123,889	-0.4%
Expenses	$84,501	$90,623	-0.1%
Net Income	$-11,980	$33,266	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$22,400

Total Directors

$22,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCOS GANADENO GARCIA	EXECUTIVE DIRECTOR	40.00	Officer Director	$5,200	$0	$5,200
PATRICIA CRUZ	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOSE CUBIAS	TREASURER	3.00	Officer Director	$0	$0	$0
OMAR GONZALEZ	CLERK	3.00	Officer Director	$0	$0	$0
ROSA AGUILAR	DIRECTOR	40.00	Officer Director	$17,200	$0	$17,200

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$72,521	$84,501	$46,826	$-11,980
2023	$123,889	$90,623	$58,806	$33,266
2022	$91,649	$85,876	$28,539	$5,773
2021	$62,522	$66,611	$21,872	$-4,089
2020	$53,440	$45,284	$25,990	$8,156
2019	$68,671	$68,670	$17,835	$1

CORES INC