Overview
What is Coresrq Inc?
Coresrq Inc, located in Sarasota, Florida, is a nonprofit organization with a mission to inspire a healthier community. They achieve this through innovative wellness and educational programs, catering to individuals from diverse backgrounds. One of their key initiatives is the CoreKids Summer Camp, which offers a safe and enriching environment for children, promoting physical activity, social interaction, and academic growth during the summer months. Financial aid is provided to ensure accessibility for all, with a total value of $15,730 in assistance given last year. Additionally, Coresrq Inc offers after-school care at their Palm Ranch branch, providing a nurturing environment for children to learn, play, and grow through activities such as homework assistance, swimming, sports, and team-building exercises. Coresrq Inc collaborates with local schools, including Ashton Elementary, Gulf Gate Elementary, and Pineview, offering transportation to students from the former two. Overall, Coresrq Inc strives to positively impact the community by fostering wellness and education among its residents.
Official website here: www.coresrq.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Coresrq Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization has some strengths, there are notable areas for improvement. The accountability and finance score stands at 72%, reflecting a commitment to governance and transparency, highlighted by the presence of a fully independent board and comprehensive financial oversight measures.
The organization demonstrates strong policies in place, including conflict of interest and whistleblower policies, which enhance its credibility. However, the program expense ratio is a concern, as it suggests that a significant portion of funds may not be directed towards program activities, which is a critical factor in assessing nonprofit effectiveness.
Additionally, the liabilities to assets ratio of 66.42% raises questions about the organization's financial stability. While the charity has established sound governance practices, the financial ratios indicate potential challenges that could impact its long-term sustainability and ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Coresrq Inc legitimate?
Coresrq Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coresrq 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: $209,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,820,183
For more financial information, click here
Official website here: www.coresrq.org
What is the mission statement of Coresrq Inc?
Coresrq Inc's mission is centered around inspiring a healthier community. They achieve this goal by implementing innovative wellness and education programs, catering to individuals of all ages and backgrounds. One of their initiatives includes CoreKids Summer Camp, which offers a safe environment for children, promoting physical activity, social interaction, and continued learning during the summer months. Financial assistance is provided to those in need, ensuring equal participation. The camp incorporates social-emotional learning programs and enhanced summer reading challenges to prevent academic regression. Additionally, Coresrq provides after-school care at various elementary schools, offering a safe, enriching environment with activities such as homework assistance, swimming, sports, and team-building exercises.
Official website here: www.coresrq.org
Who is the CEO of Coresrq Inc?
Jessica Mitchell is the Director of Coresrq Inc. The CEO's salary of Coresrq Inc is $70,512 and their total compensation is $73,966.
Official website here: www.coresrq.org
What is the revenue of Coresrq Inc?
Coresrq Inc's revenue in 2022 was $4,660,414.
Official website here: www.coresrq.org
Who are the executives of Coresrq Inc and what are their salaries?
The average compensation at Coresrq Inc during 2022 was $7,808. There are 260 employees and 97 volunteers at Coresrq Inc.
Here are 8 key members and their salaries (Coresrq Inc's CEO's salary is $70,512 and their total compensation is $73,966):
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- Compensation: $65,397
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- Other: $4,858
- Compensation: $60,819
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- Other: $4,749
- Compensation: $70,512
- Related: $0
- Other: $3,454
Official website here: www.coresrq.org
Where can I find the form 990 for Coresrq Inc?
Coresrq Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coresrq.org
Learn more at the official website: www.coresrq.org
Mission Statement of Coresrq Inc
Coresrq Inc, a nonprofit organization, is dedicated to inspiring a healthier community through innovative wellness and education programs for people of all ages and backgrounds. Their mission is centered around creating opportunities for personal growth and development, particularly for children.
During the summer months, Coresrq Inc offers a safe and engaging environment for children to learn and socialize through their CoreKids Summer Camp. This program, which caters to around 150 children, provides financial assistance to those in need, ensuring that everyone has the chance to participate. The camp incorporates innovative weekly themes and social-emotional learning programs, which are not typically taught in schools. In addition, Coresrq Inc offers enhanced summer reading challenges to prevent academic regression during the summer break.
During the school year, Coresrq Inc continues to support children through their CoreKids After School Care. This program offers a nurturing environment for children to learn, play, and grow, with activities ranging from homework assistance to sports and team-building activities. Coresrq Inc has established partnerships with several schools, including Ashton Elementary, Gulf Gate Elementary, and Pineview School, and provides transportation for students from the first two schools. The organization's commitment to children's well-being and education is evident in its tireless efforts to provide enriching experiences and opportunities for growth.
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Impact
July, 2024
Coresrq Inc's impact is significant in inspiring a healthier community through innovative wellness and education programs for people of all ages and backgrounds. Their youth programs, such as the CoreKids Summer Camp, provide a safe environment for children to be active, create positive social experiences, and continue learning during the summer months. By offering financial assistance valued at $15,730, Coresrq Inc ensures that those who may not have been able to participate otherwise can benefit from these programs.
Furthermore, the organization's focus on incorporating social-emotional learning programs not typically taught in schools is commendable. By providing enhanced summer reading challenges to prevent academic regression, they are actively working to support children's educational development outside the traditional school year.
In addition to the summer camp, CoreKids After School Care offers a nurturing environment for children to learn, play, and grow. Their partnerships with local schools like Ashton Elementary, Gulf Gate Elementary, and Pineview School, as well as providing transportation services for students, demonstrate a commitment to making their programs accessible to a wider community.
Overall, Coresrq Inc's dedication to promoting wellness, education, and community engagement is making a tangible impact on the lives of individuals in Sarasota, FL, and beyond.
This information is meant to be a general summary of Coresrq 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: $1,681
- Program Service Revenue: $3,092,193
- Gross Receipts: $4,660,414
Assets and Liabilities:
- Total Assets: $5,757,827
- Total Liabilities: $3,824,437
- Net Assets: $1,933,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,294,189
PROGRAMS AND TUITION
Revenue
$798,004
Organization Details
Founding Year
2019
Phone
(941) 955-8194Principal Officer
Jessica Mitchell
Main Address
1075 SOUTH EUCLID AVE, SARASOTA, FL, 34237
Website
www.coresrq.orgNTEE Category
Code: P27 - Human services
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