P โ€” Human ServicesEIN: 842869400ยท Ruling Year: 2020

Core Project Inc

Mobile, Alabama

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$4.2M
Total Revenue
๐Ÿ“Š
$4.0M
Total Expenses
๐Ÿฆ
$265K
Net Assets
๐Ÿ“‹
$293K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
52.5%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$4,155,132โ†‘22%$4,007,801โ†‘17%$558,427โ†‘113%
2022$3,416,299โ†‘40%$3,431,081โ†‘39%$261,724โ†“4%
2021$2,446,198โ†‘162%$2,465,459โ†‘212%$273,320โ†“6%
2020$932,311$790,382$289,918

Frequently Asked Questions

What does Core Project Inc do?โ–ผ

Core Project Inc is a human services nonprofit organization based in Alabama. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Core Project Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Core Project Inc has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Core Project Inc generate?โ–ผ

Core Project Inc reports $5.1M in annual revenue and holds $475K in total assets, based on IRS filings.

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Core Project Inc โ€” Mobile, AL | GiveScope