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Core Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453685502 ✦ Altamonte springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is Core Foundation Inc?

Core Foundation Inc, located in Altamonte Springs, Florida, is a nonprofit organization dedicated to supporting individuals with spinal cord injuries and other neurological conditions. Their mission revolves around providing necessary financial aid and education, enabling these individuals to participate in activity-based recovery programs. The organization focuses on two key areas: granting financial assistance for approved activity-based training programs not covered by insurance and funding various educational and recreational programs aimed at improving access to services within the paralysis community. In essence, Core Foundation Inc strives to empower and enhance the lives of individuals facing these challenges, offering them opportunities for recovery and growth.


Official website here: www.corefloridafoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Core Foundation Inc has achieved a 76% rating from Charity Navigator, indicating a solid performance in accountability and financial health. The organization boasts a fully independent board, with 10 out of 10 members, and a commendable program expense ratio of 100%, reflecting its commitment to its mission without incurring significant liabilities.

However, there are notable areas for improvement. Core Foundation Inc lacks essential policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which resulted in a score of 0 out of 7 for each in these categories. While the charity demonstrates strong financial management and transparency, addressing these policy gaps would enhance its overall governance and accountability.

Despite these limitations, the charity's ability to maintain a high level of program expenses emphasizes its focus on delivering value to its beneficiaries. With enhancements in governance practices, Core Foundation Inc could potentially improve its rating and further bolster stakeholders' confidence in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Core Foundation Inc legitimate?

Core Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.corefloridafoundation.org

What is the mission statement of Core Foundation Inc?

The Core Foundation's mission is centered around providing necessary financial aid and education to individuals experiencing spinal cord injuries and other neurological conditions. It focuses on two key areas. Firstly, the foundation grants financial support for individuals to participate in approved activity-based training programs, which are often not covered by insurance. Secondly, the Core Foundation funds various educational and recreational programs aimed at improving access to services within the paralysis community. The ultimate goal is to facilitate an activity-based recovery program for these individuals.


Official website here: www.corefloridafoundation.org

Who is the CEO of Core Foundation Inc?

Matthew Davies is the Chairman of Core Foundation Inc.


Official website here: www.corefloridafoundation.org

What is the revenue of Core Foundation Inc?

Core Foundation Inc's revenue in 2022 was $213,315.


Official website here: www.corefloridafoundation.org

Who are the executives of Core Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Matthew Davies (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Guiley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Spencer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.corefloridafoundation.org

Where can I find the form 990 for Core Foundation Inc?

Core Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.corefloridafoundation.org

Learn more at the official website: www.corefloridafoundation.org

Mission Statement of Core Foundation Inc

Core Foundation Inc, a nonprofit organization, is committed to providing essential financial assistance and education to individuals grappling with spinal cord injuries and other neurological conditions. Their mission revolves around two significant areas. Firstly, they grant financial support to enable individuals to participate in approved activity-based training programs that are typically not covered by insurance. These programs are crucial for their recovery process.

Secondly, Core Foundation Inc funds various educational and recreational programs specifically aimed at the paralysis community. By doing so, they strive to enhance access to services within this community. The organization's goals are manifold: they aim to aid individuals in overcoming their physical limitations through training, and simultaneously, they work to improve social connections and quality of life within the paralysis community. This holistic approach to recovery and rehabilitation is the essence of Core Foundation Inc's mission.

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Impact




October, 2024

Core Foundation Inc significantly impacts the lives of individuals with spinal cord injuries and other neurological conditions by providing vital financial support and educational resources. Its primary mission centers on enabling access to activity-based recovery programs that are often unavailable through traditional insurance coverage. By offering grants for approved training programs, the foundation ensures that individuals can engage in aggressive rehabilitation efforts tailored to their unique needs.

In addition to financial aid, Core Foundation is dedicated to enhancing the overall quality of life for the paralysis community through various educational and recreational initiatives. These programs not only promote physical recovery but also foster social inclusion, providing vital connections and support networks for those affected by paralysis. Ultimately, Core Foundation Inc plays a crucial role in empowering individuals to reclaim their independence and improve their well-being, making a meaningful difference in their journeys toward recovery.




This information is meant to be a general summary of Core Foundation 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.

Revenue
$213,315 (2022)
Expenses
$300,988 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $389
  • Gross Receipts: $216,499

Assets and Liabilities:

  • Total Assets: $364,607
  • Total Liabilities: $0
  • Net Assets: $364,607

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Organization Details

Founding Year

2011

Principal Officer

Matthew Davies

Main Address

1191 COMMERCE PARK DR, ALTAMONTE SPRINGS, FL, 32714

NTEE Category

Code: E60 - Health

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