Overview
What is Philadelphia College Opportunity Resources For Education?
Philadelphia College Opportunity Resources for Education, often referred to as CORE, is a nonprofit organization based in Philadelphia, Pennsylvania. Established in 2003, CORE is committed to ensuring that post-secondary education is affordable and accessible for all Philadelphia residents. Their primary initiative, the CORE Scholars program, offers unique scholarship opportunities to high school seniors from various educational systems, including public, private, charter, and parochial systems, who fall below the poverty line for an Individual Development Account (IDA) savings program. Over the past nine years, CORE has awarded scholarships to over 25,669 Philadelphia students, totaling more than $30 million. The scholarships are directly paid to the institutions where the students are enrolled, and the institutions then apply the funds to the students' accounts. CORE's mission is to unite communities around this shared goal and ensure that all children have access to college.
Official website here: www.corescholars.org
What do the Facebook reviews say about Philadelphia College Opportunity Resources For Education?
70% of 9 reviewers on Facebook recommend the Philadelphia College Opportunity Resources For Education. Here is a summary of their reviews:
While some individuals appreciate the services provided, there’s a clear call from others for improved communication regarding processes and procedures. Suggesting that increased clarity and transparency could enhance their experience, the feedback indicates a need for the organization to focus on better engaging with its audience.
Overall, sentiments are mixed, with a portion of users feeling satisfied while others express concerns that may influence their overall endorsement of the nonprofit. Addressing the communication gaps could potentially strengthen their reputation and effectiveness in the community.
This AI summary has been generated from reviews found on Facebook.
Is Philadelphia College Opportunity Resources For Education legitimate?
Philadelphia College Opportunity Resources For Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia College Opportunity Resources For Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,186
For more financial information, click here
Official website here: www.corescholars.org
What is the mission statement of Philadelphia College Opportunity Resources For Education?
Philadelphia College Opportunity Resources for Education, often referred to as CORE, is committed to bringing communities together with the shared goal of making post-secondary education affordable and accessible for all. Their flagship program, Core Scholars, provides scholarships specifically for high school seniors living below the poverty line, offering them an Individual Development Account (IDA) savings program. Over the past nine years, CORE has awarded scholarships totalling over 30 million dollars to over 25,669 Philadelphia students. The organization's primary purpose is to ensure that every child has the opportunity to attend college, as evidenced by its Core Promise Scholarship, which is unique in providing this opportunity to students from various public, private, charter, and parochial systems in Philadelphia. Awards are issued based on the amount of scholarship funds available.
Official website here: www.corescholars.org
Who is the CEO of Philadelphia College Opportunity Resources For Education?
Michael Tucker is the President of Philadelphia College Opportunity Resources For Education.
Official website here: www.corescholars.org
What is the revenue of Philadelphia College Opportunity Resources For Education?
Philadelphia College Opportunity Resources For Education's revenue in 2022 was $232,915.
Official website here: www.corescholars.org
Who are the executives of Philadelphia College Opportunity Resources For Education and what are their salaries?
The average compensation at Philadelphia College Opportunity Resources For Education during 2022 was $133,186. There is 1 employee at Philadelphia College Opportunity Resources For Education.
Here are 4 key members and their salaries:
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Official website here: www.corescholars.org
Where can I find the form 990 for Philadelphia College Opportunity Resources For Education?
Philadelphia College Opportunity Resources For Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corescholars.org
Learn more at the official website: www.corescholars.org
Mission Statement of Philadelphia College Opportunity Resources For Education
Philadelphia College Opportunity Resources for Education, often referred to as CORE, is a nonprofit corporation with a mission to ensure that post-secondary education is affordable and accessible for all. Established in Philadelphia, Pennsylvania, CORE was founded with the goal of providing Promise Scholarships and college preparation assistance to high school students. The organization's premier program, the CORE Promise Scholarship, is unique in offering all high school seniors, regardless of their school system, an opportunity to attend select Pennsylvania colleges and universities. CORE issues awards based on the funds available for scholarships. The organization primarily relies on a charitable trust and grants from federal entities for its support. CORE's mission is to unite communities around the shared goal of ensuring that every child has access to higher education, ultimately aiming to improve their future prospects and contribute to a more educated society.
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Impact
October, 2024
Philadelphia College Opportunity Resources For Education (CORE) significantly enhances access to postsecondary education for students in the Philadelphia area. By focusing on high school seniors living below the poverty line, CORE offers innovative scholarship programs like the CORE Promise Scholarship, uniquely designed to empower students from diverse educational backgrounds—including public, private, and charter schools.
Over the past nine years, CORE has awarded more than $30 million in scholarships, benefiting over 25,669 students. Notably, of the original CORE Scholars, an impressive 58% have graduated from college within six years, illustrating the program's impact on student success.
The scholarships are paid directly to educational institutions, ensuring financial support is applied to students' account balances, which alleviates the burden of tuition costs. Through its commitment to making college attendance more accessible, CORE not only invests in the individual futures of students but also strengthens the broader educational landscape in Philadelphia, fostering a culture of support and opportunity for future generations.
This information is meant to be a general summary of Philadelphia College Opportunity Resources For Education. 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: $12
- Gross Receipts: $232,915
Assets and Liabilities:
- Total Assets: $4,951,264
- Total Liabilities: $259,889
- Net Assets: $4,691,375
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Organization Details
Founding Year
2003
Phone
(267) 507-1690Principal Officer
Michael Tucker
Main Address
1604 LOCUST STREET 2FL, PHILADELPHIA, PA, 19102
Website
www.corescholars.orgNTEE Category
Code: B82 - Education
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