Core Essentials Inc (EIN 582433196) - 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

1998

Legal Domicile

Phone

6786008110

Tax Period

2023-01-01 to 2023-12-31

Core Essentials Inc, founded in 1998, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2023. Expenses of $232K exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide strategy and resources to equip schools, families and communities with values.

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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 $0

Program Service Revenue $207,677

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,597

Fundraising Expenses $0

Program Expenses $139,272

Other Expenses $88,681

TOTAL EXPENSES $232,278

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,677	$211,684	0.0%
Expenses	$232,278	$211,407	+0.1%
Net Income	$-24,601	$277	-89.8%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$899,404

Total Directors

$543,663

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Secretary	1.0	Officer Director	$0	$0	$221,897
N/A	Founder and CEO	1.0	Officer Director	$0	$143,106	$262,572
N/A	Board Chairman	1.0	Director	$0	$0	$59,194
N/A	President	1.0	Officer	$0	$70,785	$258,717
N/A	COO, CFO, and Secretary (Part Year)	1.0	Officer	$0	$16,925	$156,218

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
2023	$207,677	$232,278	$53,544	$-24,601
2022	$211,684	$211,407	$90,730	$277
2020	$174,138	$238,964	$134,386	$-64,826
2019	$257,983	$188,592	$145,333	$69,391
2018	$243,426	$190,002	$74,608	$53,424
2017	$195,294	$194,460	$21,184	$834

Core Essentials Inc