Core Fellowship Foundation

EIN: 453172958 501(c)(3) Religion

Littleton, CO

Total Revenue
$167,726
Total Expenses
$215,780
Total Assets
$55,588
Net Assets
$53,785
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
Stan Holmes
Phone
4109910282
Tax Period
2023-01-01 to 2023-12-31

Core Fellowship Foundation, founded in 2011, is a small nonprofit in the Religion sector that reported $168K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $216K exceeded revenue, resulting in a 29% operating deficit.

Mission

To seek for ourselves and for everyone we meet a heart that is focused on loving and following Jesus. To develop and nurture a global community of diverse people from many nations who are banded together as "ambassadors of reconciliation", modeling the principles of Jesus, based on loving God and loving others. To work with the leaders and decision makers at all levels and in all arenas of every nation to see their hearts touched for the poor, the oppressed, the widows, and the youth of their nations. To see core groups developed in every city and nation around the Person and thoughts of Jesus, including doing for others what we would want them to do for us if we were in their circumstances.

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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 (2023)

Revenue Breakdown

Contributions & Grants $167,726
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $167,726

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,606
Fundraising Expenses $0
Program Expenses $129,522
Other Expenses $62,174
TOTAL EXPENSES $215,780

Year-over-Year Comparison

2023 2022 Change
Revenue $167,726 $205,374 -0.2%
Expenses $215,780 $206,727 +0.0%
Net Income $-48,054 $-1,353 +34.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
3
Volunteers
N/A

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
$130,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stan Holmes President & CEO 40.00
Officer
$91,600 $0 $91,600
Tara Jo Crouse Sec/Treasurer 40.00
Officer
$38,400 $0 $38,400
Kenny Waldt Director 0.00
Director
$0 $0 $0
Don Dyer Director 0.00
Director
$0 $0 $0
Ken Hall Director 0.00
Director
$0 $0 $0
Scott O'Brian Director 0.00
Director
$0 $0 $0
Craig Godfrey Director 0.00
Director
$0 $0 $0
Bill Wall Director 0.00
Director
$0 $0 $0
Chip Howard Director 0.00
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 No data No data No data No data
2023 $167,726 $215,780 $55,588 $-48,054
2022 $205,374 $206,727 $103,554 $-1,353
2021 $234,878 $217,596 $104,070 $17,282
2020 $203,179 $183,534 $85,910 $19,645
2019 $212,545 $222,224 $66,265 $-9,679
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