CORTEX SUPPORT CORPORATION

EIN: 812147807 501(c)(3)

ST LOUIS, MO

Total Revenue
$206,964
Total Expenses
$5,526,565
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MO
Principal Officer
SALVATORE FIORELLO
Phone
3145314500
Tax Period
2023-01-01 to 2023-12-31

CORTEX SUPPORT CORPORATION, founded in 2016, is a small nonprofit that reported $207K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $5.5M exceeded revenue, resulting in a 2570% operating deficit.

Mission

THE ORGANIZATION IS ORGANIZED AS A SUPPORTING ORGANIZATION AND WILL BE OPERATED FOR THE BENEFIT OF CORTEX.

Program Service Accomplishments

Program 1
Expenses: $5,526,565

THE ORGANIZATION IS THE LEVERAGE LENDER IN NEW MARKET TAX CREDITS FINANCING FOR THE ACQUISTION AND CONSTRUCTION OF THE BUILDING LOCATED AT 4260 FOREST PARK.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $206,964
Other Revenue $0
TOTAL REVENUE $206,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,526,565
Other Expenses $5,526,565
TOTAL EXPENSES $5,526,565

Year-over-Year Comparison

2023 2022 Change
Revenue $206,964 $416,241 -0.5%
Expenses $5,526,565 $257,001 +20.5%
Net Income $-5,319,601 $159,240 -34.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
N/A
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
1
$504,655
Total Directors
3
$504,655
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT CANNON DIRECTOR 2.00
Director
$0 $0 $0
JUNE M FOWLER DIRECTOR 2.00
Director
$0 $0 $0
SAM FIORELLO PRESIDENT/SECRETARY 2.00
Officer Director
$0 $48,155 $504,655
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 $206,964 $5,526,565 No data $-5,319,601
2022 $416,241 $257,001 $11,892,600 $159,240
2021 $416,241 $188,758 $11,892,600 $227,483
2020 $416,241 $240,537 $11,892,600 $175,704
2019 $416,241 $360,125 $11,892,600 $56,116
2018 $416,241 $317,935 $11,892,600 $98,306
Explore More Nonprofits
→Top 100 Nonprofits in Missouri →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CORTEX SUPPORT CORPORATION with other nonprofits in Missouri and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.