Core Educational Services
- Assets
- $170.1k
- Revenue
- $656.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Chantilly, VA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-2107962
Organization Overview
Core Educational Services is located in Chantilly, VA. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Core Educational Services employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Core Educational Services 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 12/2021, Core Educational Services generated $656.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $524.7k during the year ending 12/2021. While expenses have increased by 35.9% per year over the past 5 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 PROVIDE EDUCATIONAL SERVICES TO YOUTH TO SUPPORT DEVELOPMENT OF THEIR ACACEMIC AND SOCIAL CAPITALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AFTER SCHOOL AND WEEKEND SCHOOL PROGRAMS, CAREER COACHING, TUTORING, MENTORING AND EDUCATIONAL SUPPORT PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ekrem Cavus Executive Director | Officer | 40 | $72,000 |
Mehtap Yigit Secretary | Officer | 20 | $25,143 |
Evren Culha Treasurer | Officer | 5 | $0 |
Vicdan Hussain Chairman Of The Board | Officer | 5 | $0 |
Derya Soydan Director | Officer | 5 | $0 |
Necmettin Mutlu Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,432 |
| Related organizations | $0 |
| Government grants | $59,575 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,341 |
| Total Program Service Revenue | $160,677 |
| Investment income | $0 |
| 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 | $656,342 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| Grants and other assistance to domestic individuals. | $23,252 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,143 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $50,288 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,561 |
| Advertising and promotion | $1,914 |
| Office expenses | $9,763 |
| Information technology | $10,889 |
| Royalties | $0 |
| Occupancy | $75,097 |
| Travel | $5,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $51 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $46,441 |
| Total functional expenses | $524,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,122 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $170,122 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $157,909 |
| Total liabilities | $157,909 |
| Net assets without donor restrictions | $12,213 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $170,122 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Core Educational Services has recieved totaling $14,241.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,053 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |