COREVERITAS

EIN: 264420115 501(c)(3) Employment

Fort Collins, CO

Total Revenue
$7,631
Total Expenses
$28,123
Total Assets
$40,047
Net Assets
$254
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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
2009
Legal Domicile
CO
Principal Officer
Kent Bradley
Phone
9706895037
Tax Period
2022-01-01 to 2022-12-31

COREVERITAS, founded in 2009, is a micro nonprofit in the Employment sector that reported $8K in total revenue in fiscal year 2022. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 269% operating deficit.

Mission

Dedicated to creating educational content to support awareness on important heath topics.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,631
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,903
Other Expenses $28,123
TOTAL EXPENSES $28,123

Year-over-Year Comparison

2022 2021 Change
Revenue $7,631 $43,600 -0.8%
Expenses $28,123 $32,275 -0.1%
Net Income $-20,492 $11,325 -2.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kent Bradley Chairman of the Board 2
Officer Director
$0 $0 $0
David Knight Executive Director 2
Officer Director
$0 $0 $0
Kris Peterson Director 1
Director
$0 $0 $0
Ward Ching Director 1
Director
$0 $0 $0
Alex Gervacio Director 1
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
2022 $7,631 $28,123 $40,047 $-20,492
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