CORE FOUNDATION

"Be the change you want to see in the world" (Ghandi)

Reston, VA | www.corefoundation.org

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GuideStar Charity Check

CORE FOUNDATION

EIN: 20-5997764

Contributions tax deductible
as of March 2023

IRS BMF 509(a)(2)
as of March 13, 2023

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Charity Check report

Mission

CORE Foundation ignites and supports charitable projects which address societal needs, build community, and enable positive change.

Ruling year info

2007

CEO

Ms. Taralyn Kohler

Main address

PO Box 3631

Reston, VA 20195 USA

Show more contact info

EIN

20-5997764

Subject area info

Education services

Philanthropy

Health

Leadership development

Sports and recreation

Population served info

Children and youth

Adults

Economically disadvantaged people

People with diseases and illnesses

Veterans

NTEE code info

Management & Technical Assistance (T02)

Fund Raising and/or Fund Distribution (T12)

Management & Technical Assistance (W02)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

At CORE Foundation, we ignite and support charitable projects that address societal needs, build community, and enable positive change. For 17 years, CORE has nurtured innovative charitable ideas turning them into executable projects that improve the lives of others, filling gaps, and seeding unmet needs in the community. Serving as an incubator, our 35 + CORE Cause projects have ranged from COVID-19 relief, humanitarian support, cancer patient support and research, championing veterans’ needs, battling homelessness and food insecurity, and providing youth sports opportunities to kids experiencing financial hardship along with para and adaptive athletes. Each Cause project receives nonprofit infrastructure, administrative backbone, resources, tools, and strategic mentoring.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Racing in Reston Series

The Racing in Reston series is comprised of the Reston Sprint Triathlon, The Reston Triathlon, and the Reston Superhero Youth Triathlon. We use fundraising as a means to raise funds for the Foundation and build community.

Population(s) Served

Adults

Economically disadvantaged people

CORE Cause Program

The mission of CORE Foundation is to ignite and support charitable projects that address societal needs, build community, and enable positive change. For 17+ years, CORE has nurtured innovative charitable ideas turning them into executable projects that improve the lives of others, filling gaps, and seeding unmet needs in the community.
Serving as an incubator, our 35+ CORE Cause projects range from COVID-19 and humanitarian support, cancer patient support and research, championing veterans’ needs, battling homelessness and food insecurity, and providing youth sports opportunities to kids experiencing financial hardship along with para and adaptive athletes. Each Cause project receives nonprofit infrastructure, administrative backbone, resources, tools, and strategic mentoring to ignite their project for social good.

Where we work

External reviews

Photos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Evaluation documents

Dollars donated to support advocacy efforts

Totals By Year

Population(s) Served

Economically disadvantaged people

Related Program

Racing in Reston Series

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

As of 2021, CORE Foundation raised over $430,000 since 2007. Our CORE Cause projects have donated thousands of dollars to various outreach projects. 2022 #s will be added soon.

Total number of volunteer hours contributed to the organization

Totals By Year

Population(s) Served

Economically disadvantaged people

Related Program

Racing in Reston Series

Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Context Notes

Hundreds of Volunteers are involved in RST. In 2021, the in-person event returned at 50% capacity.

Number of stakeholders/stakeholder groups with whom communication has been achieved and expectations shared

Totals By Year

Population(s) Served

Economically disadvantaged people

Related Program

Racing in Reston Series

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

Stakeholders from across the spectrum share the expectations and enjoy the achievements of CORE Foundation - charitable sponsors, directors, volunteers, athletes, participants, and benefactors.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

CORE Foundation helps incubate ideas to address the greatest needs in our community. After a need and project plan is brought to us, we identify support for the plans and contributes resources to launch the project. We market the initiatives and provides an infrastructure that improves the individual or organization's chances of success to serve our community.

What are the organization's key strategies for making this happen?

We know the challenges people have doing good work. From launching charitable projects, to executing on a plan, we improve the chances of a project's success. After receiving a request for support, we set up a meeting to understand the vision of the individual or the issue the organization faces. Once the CORE Foundation reviews and selects the individual or organization, we develop a plan to help them achieve their goals.

What are the organization's capabilities for doing this?

For 17 years we have served the community through our projects called CORE Causes. From insurance to banking to tax reporting to mentoring, our focus is on the back-office support organizations and assisting social entrepreneurs with the resources needed to successfully carry out their charitable project. We also leverage best practices among our CORE Cause leaders.

What have they accomplished so far and what's next?

CORE Foundation has enjoyed much success in attaining the goal of helping social entrepreneurs and small charity minded organizations to make a positive change on the world. Here are several examples of our accomplishments:

Curing the COVID-19 pandemic, CORE Causes: Desks for Distance, Essentials for Education, and Woodworking with a Purpose help kids in need overcome the obstacles they face with distance learning. These three groups build and/or distributed over 4000 desks and other educational items to students learning from home.

The Cheryl Foyock Foundation, a CORE Cause, supports and advances the quality of child life programs that help children and their families during challenging and traumatic hospital admissions. With a focus on expanding the reach and impact of therapeutic play, the Sarah Fyock Foundation has delivered over 300 care kits in the first month of being under CORE's leadership.

CORE has contributed over $600,000 for Cornerstones since the race was founded in 2007 through the Reston Sprint Triathlon. Cornerstones is a nonprofit organization that promotes self-sufficiency by providing support and advocacy for those in need of food, shelter, affordable housing, quality childcare, and other human services.

CORE Cause Project, Amy's Amigos Youth Triathlon benefits the Childhood Brain Tumor Foundation. Amy's Amigos have raised over $150,000 for the Childhood Brain Tumor Foundation since the race was founded in 2011.

Radford University Sig Ep Brothers by the Wayside hosts an annual events to raise money for those that need temporary help due to an unforeseen illness or personal tragedy.

Helping Hungry Kits provides thousands of weekend food bags every year for school kids with food insecurity.

CORE Cause Alumni, Off the Charts Club, provided comfort and empower children with cancer through the leadership of their peers. Their ultimate goal is to help kids escape their medical charts and experience a childhood that is "off the charts" enjoyable.

CORE Foundation will continue embracing these missions and empowering the social entrepreneurs to do their good work by providing them with back office support and guidance.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We demonstrated a willingness to learn more by reviewing resources about feedback practice.

We shared information about our current feedback practices.

Who are the people you serve with your mission?

CORE Foundation projects serve a variety of demographics including at risk families, children on reduced lunch programs, students, athletes, historical sites, specialized populations, LGBTQIA+ families, seniors, and veterans. We also have the ability to pivot quickly to address health and human rights issues both domestically and internationally.
How is your organization using feedback from the people you serve?

To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
What significant change resulted from feedback?

In March 2020, COVID-19 forced changes to the plans for the Reston Sprint Triathlon in-person charity event scheduled for May 31st. The almost 1,100 athletes were emailed a survey to help us determine what changes would best serve them. About 750 responded and the majority of responses favored a virtual event. Although we had never ventured into virtual, we quickly pivoted and managed to produce an event so successful that we converted our two kids events as well. Three virtual races are planned for 2021.
Which of the following feedback practices does your organization routinely carry out?

We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded
What challenges does the organization face when collecting feedback?

We don't have any major challenges to collecting feedback

Financials

CORE FOUNDATION

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020

SOURCE: IRS Form 990

1.64

Average of 0.83 over 8 years

Months of cash in 2020

SOURCE: IRS Form 990

7

Average of 2.7 over 8 years

Fringe rate in 2020

SOURCE: IRS Form 990

8%

Average of 1% over 8 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

CORE FOUNDATION

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$0
Program Services	$0
Investments	$73
Special Events	$67,692
Sales	$0
Other	$0
Total Revenue	$67,765

Expenses
Grants	$59,354
Salaries & Employee Benefits	$0
Professional Fees	$2,500
Occupancy	$2,301
Printing, Publications, Postage, etc.	$0
Other Expenses	$3,873
Total Expenses	$68,028
Net Gain/Loss	($263)

Revenue
Contributions	$0
Program Services	$0
Investments	$66
Special Events	$55,945
Sales	$0
Other	$0
Total Revenue	$56,011

Expenses
Grants	$46,200
Salaries & Employee Benefits	$0
Professional Fees	$5,326
Occupancy	$1,177
Printing, Publications, Postage, etc.	$0
Other Expenses	$2,157
Total Expenses	$54,860
Net Gain/Loss	$1,151

Revenue
Contributions	$10
Program Services	$0
Investments	$1,872
Special Events	$45,323
Sales	$0
Other	$0
Total Revenue	$47,205

Expenses
Grants	$48,800
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$669
Printing, Publications, Postage, etc.	$0
Other Expenses	$1,447
Total Expenses	$50,916
Net Gain/Loss	($3,711)

Revenue
Contributions	$10,090
Program Services	$0
Investments	$202
Special Events	$71,140
Sales	$0
Other	$0
Total Revenue	$81,432

Expenses
Grants	$61,755
Salaries & Employee Benefits	$0
Professional Fees	$7,293
Occupancy	$288
Printing, Publications, Postage, etc.	$585
Other Expenses	$19,577
Total Expenses	$89,498
Net Gain/Loss	($8,066)

Revenue
Contributions	$100,044
Government Grants	$0
Program Services	$0
Investments	($174)
Special Events	$44,755
Sales	$0
Other	$0
Total Revenue	$144,625

Expenses
Program Services	$118,463
Administration	$26,206
Fundraising	$0
Total Expenses	$144,669
Net Gain/Loss	($44)

Functional expenses
Accounting Fees	$3,125
Advertising & Promotion	$2,184
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$2,194
Investment Management Fees	$0
Legal Fees	$175
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$60,176
Government Grants	$0
Program Services	$0
Investments	$914
Special Events	$49,325
Sales	$0
Other	$0
Total Revenue	$110,415

Expenses
Program Services	$81,426
Administration	$35,035
Fundraising	$0
Total Expenses	$116,461
Net Gain/Loss	($6,046)

Functional expenses
Accounting Fees	$6,780
Advertising & Promotion	$6,298
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$2,244
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$124,519
Government Grants	$0
Program Services	$600
Investments	$234
Special Events	$21,506
Sales	$0
Other	$0
Total Revenue	$146,859

Expenses
Program Services	$73,705
Administration	$41,192
Fundraising	$0
Total Expenses	$114,897
Net Gain/Loss	$31,962

Functional expenses
Accounting Fees	$7,602
Advertising & Promotion	$13,439
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$4,684
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$183,161
Government Grants	$0
Program Services	$139,107
Investments	$114
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$322,382

Expenses
Program Services	$146,665
Administration	$115,648
Fundraising	$600
Total Expenses	$262,913
Net Gain/Loss	$59,469

Functional expenses
Accounting Fees	$7,419
Advertising & Promotion	$5,670
Information Technology Expenses	$0
Insurance Expenses	$1,029
Interest Expenses	$2,145
Investment Management Fees	$0
Legal Fees	$225
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

CORE FOUNDATION

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$0
Cash & Equivalents	$27,907	$29,206	$1,299
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$943	$2,566	$1,623
Total Assets	$28,850	$31,772	$2,922

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Total Liabilities	$1,169	$4,354	$3,185

Fund balance	Jan 01, 2013	Dec 31, 2013	Change
Net Assets	$27,681	$27,418	($263)

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$0
Cash & Equivalents	$29,206	$27,174	($2,032)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$2,566	$1,395	($1,171)
Total Assets	$31,772	$28,569	($3,203)

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Total Liabilities	$4,354	$0	($4,354)

Fund balance	Jan 01, 2014	Dec 31, 2014	Change
Net Assets	$27,418	$28,569	$1,151

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$10
Cash & Equivalents	$27,174	$27,356	$182
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$1,395	$903	($492)
Total Assets	$28,569	$28,259	($310)

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Total Liabilities	$0	$3,401	$3,401

Fund balance	Jan 01, 2015	Dec 31, 2015	Change
Net Assets	$28,569	$24,858	($3,711)

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$10,090
Cash & Equivalents	$27,356	$33,690	$6,334
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$903	$1,350	$447
Total Assets	$28,259	$35,040	$6,781

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$3,401	$19,344	$15,943

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$24,858	$15,696	($9,162)

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$100,044
Cash & Equivalents	$33,690	$37,257	$3,567
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$918	$1,059	$141
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$432	$0	($432)
Other	$0	$0	$0
Total Assets	$35,040	$38,316	$3,276

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$19,344	$23,263	$3,919
Total Liabilities	$19,344	$23,263	$3,919

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$15,696	$15,053	($643)
Net Assets	$15,696	$15,053	($643)

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$60,176
Cash & Equivalents	$37,257	$44,160	$6,903
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,059	$1,017	($42)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$38,316	$45,177	$6,861

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$10,582	$10,582
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$23,263	$25,339	$2,076
Total Liabilities	$23,263	$35,921	$12,658

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$15,053	$9,256	($5,797)
Net Assets	$15,053	$9,256	($5,797)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$124,519
Cash & Equivalents	$44,160	$67,413	$23,253
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,017	$1,032	$15
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$3,999	$3,999
Total Assets	$45,177	$72,444	$27,267

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$10,582	$0	($10,582)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$25,339	$31,226	$5,887
Total Liabilities	$35,921	$31,226	($4,695)

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$9,256	$41,218	$31,962
Net Assets	$9,256	$41,218	$31,962

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$183,161
Cash & Equivalents	$67,413	$153,792	$86,379
Accounts Receivable	$0	$500	$500
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$3,999	$100,032	$96,033
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$1,032	$1,032	$0
Total Assets	$72,444	$255,356	$182,912

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Accounts Payable	$0	$49	$49
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$31,226	$154,620	$123,394
Total Liabilities	$31,226	$154,669	$123,443

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$41,218	$100,687	$59,469
Net Assets	$41,218	$100,687	$59,469

CORE FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of CORE FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020
Unrestricted surplus (deficit) before depreciation	-$499	-$5,797	$31,962	$59,469
As % of expenses	-0.3%	-5.0%	27.8%	22.6%
Unrestricted surplus (deficit) after depreciation	-$643	-$5,797	$31,962	$59,469
As % of expenses	-0.4%	-5.0%	27.8%	22.6%

Revenue composition
Total revenue (unrestricted & restricted)	$144,625	$110,415	$146,859	$322,382
Total revenue, % change over prior year	0.0%	-23.7%	33.0%	119.5%
Program services revenue	0.0%	0.0%	0.4%	43.1%
Membership dues	0.0%	0.0%	0.0%	0.0%
Investment income	0.1%	0.1%	0.2%	0.0%
Government grants	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	100.1%	99.2%	99.4%	56.8%
Other revenue	-0.2%	0.7%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$144,525	$116,461	$114,897	$262,913
Total expenses, % change over prior year	0.0%	-19.4%	-1.3%	128.8%
Personnel	0.0%	0.0%	2.7%	27.3%
Professional fees	2.3%	5.8%	6.6%	7.1%
Occupancy	0.0%	2.6%	2.7%	2.0%
Interest	1.5%	1.9%	4.1%	0.8%
Pass-through	82.0%	63.3%	58.1%	30.6%
All other expenses	14.2%	26.4%	25.8%	32.1%

Full cost components (estimated)	2017	2018	2019	2020
Total expenses (after depreciation)	$144,669	$116,461	$114,897	$262,913
One month of savings	$12,044	$9,705	$9,575	$21,909
Debt principal payment	$0	$0	$10,582	$0
Fixed asset additions	$0	$0	$0	$0
Total full costs (estimated)	$156,713	$126,166	$135,054	$284,822

Capital structure indicators

Liquidity	2017	2018	2019	2020
Months of cash	3.1	4.6	7.0	7.0
Months of cash and investments	3.2	4.7	7.1	11.6
Months of estimated liquid unrestricted net assets	1.2	1.0	4.3	4.6

Balance sheet composition	2017	2018	2019	2020
Cash	$37,257	$44,160	$67,413	$153,792
Investments	$1,059	$1,017	$1,032	$100,032
Receivables	$0	$0	$0	$500
Gross land, buildings, equipment (LBE)	$3,272	$3,272	$3,272	$3,272
Accumulated depreciation (as a % of LBE)	100.0%	100.0%	100.0%	100.0%
Liabilities (as a % of assets)	60.7%	79.5%	43.1%	60.6%
Unrestricted net assets	$15,053	$9,256	$41,218	$100,687
Temporarily restricted net assets	$0	$0	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A
Total restricted net assets	$0	$0	$0	$0
Total net assets	$15,053	$9,256	$41,218	$100,687

Key data checks

Key data checks	2017	2018	2019	2020
Material data errors	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

CEO

Ms. Taralyn Kohler

LinkedIn profile

Taralyn works closely with the CORE Board, advocates for the foundation’s mission, creates the foundation’s strategy, and sets the direction for the future of the foundation.

Number of employees

Source: IRS Form 990

CORE FOUNDATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

CORE FOUNDATION

Board of directors
as of 01/25/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Doug Bushée

Gartner

Term: 2022 - 2024

Cheryl Fyock

Deloitte

Lee Bergstrom

Lockheed

Phil Vera

Xmedius

Dave Hurley

National Park Service

Brian Fyock

Crowell Mooring

Jennifer Harper

Publisher

Gina Healey

Portum Trust

Brett Fox

Hopecam

Ted Craig

Red Hat

James Hottle

Movement Mortgage

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/25/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

No data

Race & ethnicity

No data

Gender identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/01/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We review compensation data across the organization (and by staff levels) to identify disparities by race.
We ask team members to identify racial disparities in their programs and / or portfolios.
We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
We disaggregate data by demographics, including race, in every policy and program measured.
We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.

Policies and processes

We use a vetting process to identify vendors and partners that share our commitment to race equity.
We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

CORE FOUNDATION

"Be the change you want to see in the world" (Ghandi)

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Racing in Reston Series

CORE Cause Program

Where we work

Our results

Evaluation documents

Dollars donated to support advocacy efforts

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Total number of volunteer hours contributed to the organization

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Number of stakeholders/stakeholder groups with whom communication has been achieved and expectations shared

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Our Sustainable Development Goals

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

How we listen

Financials

Revenue vs. expenses: breakdown

Liquidity in 2020 info

1.64

Months of cash in 2020 info

7

Fringe rate in 2020 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

CORE FOUNDATION

CORE FOUNDATION

CORE FOUNDATION

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

CEO

Ms. Taralyn Kohler

Number of employees

CORE FOUNDATION

Compensation data

CORE FOUNDATION

Board of directors data

Mr. Doug Bushée

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Liquidity in 2020

Months of cash in 2020

Fringe rate in 2020

Funding sources

Assets & liabilities