CORA INCORPORATED (EIN 113639921) - 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

2001

Legal Domicile

Principal Officer

EMMA SCOTT

Phone

7188582520

Tax Period

2024-07-01 to 2025-06-30

CORA INCORPORATED, founded in 2001, is a small nonprofit in the Education sector that reported $495K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $477K left a modest 4% surplus.

Mission

THE ORGANIZATION CREATES TRANSFORMATIVE DANCE EXPERIENCES WHILE ADDRESSING BARRIERS THAT RESTRICT INDIVIDUALS FROM ACCESSING ART FORM. CORA PROGRAMS FOSTER DIVERSE PEOPLE FINDING COMMON GROUND, ALLOWING ALL INVOLVED TO AUTHENTICALLY CONNECT THROUGH ART.

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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 $427,117

Program Service Revenue $67,784

Investment Income $0

Other Revenue $0

TOTAL REVENUE $494,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,763

Fundraising Expenses $85,813

Program Expenses $178,048

Other Expenses $132,699

TOTAL EXPENSES $477,462

Year-over-Year Comparison

	2024	2023	Change
Revenue	$494,901	$597,536	-0.2%
Expenses	$477,462	$741,322	-0.4%
Net Income	$17,439	$-143,786	-1.1%

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

$100,838

Total Directors

$62,680

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON HUMMEL	FOUNDER (NON-VOTING)	40.00	Officer Director	$55,344	$7,336	$62,680
PETER FARRELL	GENERAL MANAGER (RESIGNED)	40.00	Officer	$20,843	$0	$20,843
CHRISTOPHER HAMMETT	GENERAL MANAGER	40.00	Officer	$17,315	$0	$17,315
ELIZABETH BYRD	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
NAHISHA MCCOY	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
DENISE PURVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
EMMA SCOTT	TREASURER	1.00	Officer Director	$0	$0	$0
SHYDA HOQUE	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT PFAFFMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
CAROLYN HALL	BOARD MEMBER	0.50	Director	$0	$0	$0
PAT BENNETT-WILHELM	BOARD MEMBER	0.50	Director	$0	$0	$0
MELISSA JOHNSON-DALLETT	BOARD MEMBER	0.50	Director	$0	$0	$0
KATIE RYAN	BOARD MEMBER	0.50	Director	$0	$0	$0

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
2025	$494,901	$477,462	$270,845	$17,439
2024	No data	No data	No data	No data
2023	$530,457	$643,686	$611,266	$-113,229
2022	$628,072	$564,598	$417,828	$63,474
2021	$388,693	$313,560	$375,863	$75,133
2020	$382,927	$428,134	$285,633	$-45,207
2019	$474,823	$348,095	$283,268	$126,728
2018	$333,549	$266,913	$157,378	$66,636

CORA INCORPORATED