INSTITUTE OF CORE ENERGETICS INC (EIN 133216425) - 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

1984

Legal Domicile

Principal Officer

LINDSAY NGIDIWE

Phone

2129829637

Tax Period

2023-07-01 to 2024-06-30

INSTITUTE OF CORE ENERGETICS INC, founded in 1984, is a small nonprofit in the Mental Health sector that reported $517K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

CORE ENERGETICS PROVIDES EXCEPTIONAL TRAINING REQUIRED TO BECOME A CERTIFIED CORE ENERGETICS PRACTITIONER AND FACILITATES PERSONAL TRANSFORMATION THAT PROMOTES THE EXPANSION AND EVOLUTION OF HUMAN CONSCIOUSNESS THAT PROMOTES THE EXPANSION AND EVOLUTION OF HUMAN CONSCIOUSNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $113,355

Program Service Revenue $395,273

Investment Income $8,282

Other Revenue $0

TOTAL REVENUE $516,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $309,849

Fundraising Expenses $5,361

Program Expenses $396,676

Other Expenses $226,199

TOTAL EXPENSES $536,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$516,910	$438,528	+0.2%
Expenses	$536,048	$507,120	+0.1%
Net Income	$-19,138	$-68,592	-0.7%

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

$115,281

Total Directors

$115,281

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDSAY NGIDIWE	EXECUTIVE DIRECTOR	040.00	Officer Director	$115,281	$0	$115,281
SHERRI BROWN	DIRECTOR	002.00	Director	$0	$0	$0
AIMEE FALCHUK	DIRECTOR	002.00	Director	$0	$0	$0
BARRY COLEMAN	DIRECTOR	002.00	Director	$0	$0	$0
ERICKA WORTHY	DIRECTOR	002.00	Director	$0	$0	$0
YVONNE GUNN	DIRECTOR	002.00	Director	$0	$0	$0
RONDO MOSES	TREASURER	002.00	Director	$0	$0	$0
TERESSA MOORE GRIFFIN	BOARD CHAIR AND PRESIDENT	002.00	Director	$0	$0	$0
LAURA CHONOLES	DIRECTOR	002.00	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	No data	No data	No data	No data
2024	$516,910	$536,048	$539,396	$-19,138
2024	$516,910	$536,048	$539,396	$-19,138
2023	$438,528	$507,120	$562,429	$-68,592
2022	$416,768	$514,750	$652,237	$-97,982
2021	$512,534	$440,968	$807,690	$71,566
2020	$601,271	$568,944	$613,434	$32,327
2019	$594,405	$625,767	$501,849	$-31,362
2018	$559,161	$527,513	$547,448	$31,648

INSTITUTE OF CORE ENERGETICS INC