Overview
What is Cores Inc?
Cores Inc, located in Somerville, Massachusetts, is a nonprofit organization that serves the immigrant community. Their primary focus is on providing legal assistance and representation in immigration and nationalization matters. Additionally, they offer social services to help address housing and welfare concerns, language barriers, literacy issues, and youth programs. Their mission is to support the legal and social needs of the immigrant community, aiming to provide essential resources and advocacy for this community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Cores Inc has achieved a commendable rating of 94%, which highlights its strong commitment to accountability and financial health. This organization is recognized for its excellent governance, as evidenced by having an entirely independent board of directors, a conflict of interest policy, and effective whistleblower protections. With no material diversion of assets reported, Cores Inc demonstrates a high level of trustworthiness in managing its resources.
The charity's financial metrics are also impressive, with a program expense ratio of 100%, indicating that all funds are directed towards its programs. Additionally, the organization maintains a 0.00% liabilities-to-assets ratio, showcasing its solid financial footing and lack of debt. These factors contribute to its strong performance in the Accountability & Finance beacon utilized by Charity Navigator.
While the rating reflects exceptional organizational practices, potential donors and stakeholders should always consider the full spectrum of a nonprofit's work and community impact beyond just financial metrics. Overall, Cores Inc stands out as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cores Inc legitimate?
Cores Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cores Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $32,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cores Inc?
Cores Inc, as an organization, is committed to supporting the legal and social needs of the immigrant community. Their mission is reflected in the services they provide. They offer legal assistance and representation in immigration and nationalization matters. Additionally, they extend their support to immigrants in addressing housing and welfare issues, and provide programs focusing on language, literacy, and youth development. Their social services aim to enhance the well-being of the immigrant community, ensuring they have the necessary resources to thrive.
Who is the CEO of Cores Inc?
Marcos Granadeno-Garcia is the Executive Director of Cores Inc.
What is the revenue of Cores Inc?
Cores Inc's revenue in 2022 was $91,649.
Who are the executives of Cores Inc and what are their salaries?
There 50 volunteers at Cores Inc.
Here are 5 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $20,800
- Related: $0
- Other: $0
Where can I find the form 990 for Cores Inc?
Cores Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cores Inc
Cores Inc, a nonprofit organization, is committed to addressing the legal and social needs of the immigrant community. Their mission is to provide assistance and representation in immigration and nationalization matters, as well as address housing and welfare issues, language barriers, and literacy needs. Furthermore, Cores Inc offers various programs for youth, aiming to empower and support the immigrant community as a whole. By offering these services, Cores Inc strives to provide a more inclusive and supportive environment for immigrants, enabling them to navigate the complexities of their new home more effectively.
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Impact
October, 2024
Cores Inc plays a vital role in strengthening the immigrant community by addressing both legal and social needs. By providing essential legal services, the organization assists individuals with their immigration and naturalization processes, ensuring that they are informed and supported throughout these complex procedures. This legal representation is crucial for navigating the often daunting landscape of immigration law, helping clients secure their rights and status in the United States.
In addition to legal advocacy, Cores Inc offers comprehensive social services to further empower immigrants. The organization provides support in areas such as housing and welfare issues, which are critical for fostering stability and well-being within families. By addressing language and literacy barriers, Cores Inc helps community members gain the skills necessary to thrive, enhancing their ability to integrate and contribute to society.
Youth programs are another key aspect of Cores Inc's impact, recognizing the importance of education in shaping the future of immigrant families. By nurturing young people through educational support, the organization ensures that the next generation has the resources and guidance needed to succeed.
Based in Somerville, MA, Cores Inc's multifaceted approach not only helps individual clients but also strengthens the larger community, fostering a more inclusive and understanding society.
This information is meant to be a general summary of Cores Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Program Service Revenue: $91,647
- Gross Receipts: $91,649
Assets and Liabilities:
- Total Assets: $28,539
- Total Liabilities: $0
- Net Assets: $28,539
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGAL SERVICES
Revenue
$91,647
Organization Details
Founding Year
1991
Phone
(617) 623-5322Principal Officer
Marcos Granadeno-Garcia
Main Address
343 MEDFORD STREET, Somerville, MA, 02145
NTEE Category
Code: B63Z - Education
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