Corazon A Corazon Nfp
- Assets
- $1.0m
- Revenue
- $241.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Blue Island, IL
- Founding
- 06/2002
- Data as of
- 06/2021
- EIN
- 32-0010771
Organization Overview
Corazon A Corazon Nfp is located in Blue Island, IL. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2021, Corazon A Corazon Nfp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corazon A Corazon Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Corazon A Corazon Nfp generated $241.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $178.1k during the year ending 06/2021. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES DIRECTED TOWARD EDUCATION, SPECIFICALLY ADULT EDUCATION PROGRAMS ENGLISH AS A SECOND LANGUAGE (ESL) AND ADULT LITERACY PROGRAM, AND CHILDREN'S AFTER SCHOOL TUTORING AND SUMMER SCHOOL PROGRAM TO CHILDREN AT RISK FOR ACADEMIC FAILURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ADULT EDUCATION AND LITERACY PROGRAMS (ESL) AND CHILDRENS EDUCATION PROGRAMS FOR AFTER SCHOOL TUTORING AND SUMMER SCHOOL PROGRAMS TO CHILDREN AT RISK FOR ACADEMIC FAILURE. SIGNIFICANT AMOUNTS OF DONATED SERVICES ARE EXCLUDED FROM THIS NUMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mayra Pimentel Executive Director | OfficerTrustee | 40 | $41,787 |
Martha J Welter Trustee, Board Chair | Trustee | 0 | $0 |
Victoria Brennan Trustee | Trustee | 0 | $0 |
Deborah Cerullo Ssnd Trustee | Trustee | 0 | $0 |
Rose Cecile Espinos Ssnd Trustee | Trustee | 0 | $0 |
James Fitzmaurice Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,827 |
| Investment income | $7,621 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,255 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,210 |
| Payroll taxes | $5,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,388 |
| Fees for services: Other | $21,200 |
| Advertising and promotion | $0 |
| Office expenses | $4,145 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,270 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,633 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $178,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,940 |
| Savings and temporary cash investments | $98,281 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $792,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,014,346 |
| Accounts payable and accrued expenses | $337 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,177 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,514 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,011,832 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Corazon A Corazon Nfp has recieved totaling $25,785.
| Awarding Organization | Amount |
|---|---|
Helen Brach Foundation Chicago, IL PURPOSE: TO PROVIDE ADULT ESL AND LITERACY SERVICES TO HISPANIC WOMEN, AND AFTER-SCHOOL EDUCATIONAL ENRICHMENT SERVICES TO DISADVANTAGED CHILDREN | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $8,285 |
Chicago Board Of Trade Foundation Chicago, IL PURPOSE: GENERAL | $2,500 |
Thomas W Dower Foundation Kenilworth, IL PURPOSE: TO PROVIDE FOR CHARITABLE ACTIVITIES AS DETERMINED BY THE RECIPIENT ORGANIZATION | $2,000 |
George M Eisenberg Foundation For Charities Arlington Heights, IL PURPOSE: SOCIAL ASSISTANCE | $2,000 |
Helen Brach Foundation Chicago, IL PURPOSE: MATCHING/DISCRETIONARY GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rosecrance Inc Rockford, IL | $86,180,732 | $66,976,100 |
Hope Haven Incorporated Rock Valley, IA | $37,686,994 | $51,176,008 |
Cornerstone Service Inc Joliet, IL | $39,737,270 | $40,769,202 |
Lighthouse For The Blind St Louis, MO | $132,994,524 | $33,499,796 |
Newcap Inc Oconto, WI | $18,167,211 | $33,388,655 |
Independence First Inc Milwaukee, WI | $17,159,948 | $27,006,891 |
Center For Human Services Inc Sedalia, MO | $26,886,839 | $25,741,187 |
Mainstream Living Inc Stuart Ambrose Ames, IA | $14,812,634 | $26,461,263 |
Area Resources For Community And Human Services St Louis, MO | $7,485,781 | $21,715,515 |
Kreider Services Inc Dixon, IL | $7,634,045 | $20,356,792 |
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Community Health Ctr Of Central Missouri Jefferson City, MO | $23,228,826 | $19,931,072 |