Coro Northern California Inc
- Assets
- $5.3m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 35
- Location
- San Francisco, CA
- Founding
- 12/1994
- Data as of
- 06/2022
- EIN
- 94-3117758
Organization Overview
Coro Northern California Inc is located in San Francisco, CA. The organization was established in 1994. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Coro Northern California Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coro Northern California Inc 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 06/2022, Coro Northern California Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 11.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEARNING TO BE AN EFFECTIVE LEADER IS A LIFE-LONG JOURNEY. CORO NORTHERN CALIFORNIA IS A NON-PROFIT, NON-PARTISAN ORGANIZATION THAT PROVIDES EXPERIENTIAL AND SEMINAR TRAINING TO GROUPS OF DIVERSE LEADERS OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEAD BAY AREA CONVENES MID-LEVEL AND EARLY-EXECUTIVE LEADERS FROM THE PUBLIC, PRIVATE, AND NONPROFIT SECTORS FOR AN INTENSIVE, PART-TIME LEADERSHIP TRAINING FELLOWSHIP.
PARTNERSHIP FOR THE BAYS FUTURE FELLOWSHIP IS A TWO-YEAR, FULL-TIME, COHORT-BASED, AND SALARIED POSITION FOR EXPERIENCED, ENTREPRENEURIAL, AND EQUITY-MINDED AFFORDABLE HOUSING PROFESSIONALS INTERESTED IN LEADING COLLABORATIVE POLICY MAKING EFFORTS IN SELECTED BAY AREA CITIES.
BRIDGING THE BAY IS A LEADERSHIP PROGRAM FOR EXECUTIVES WHO ARE COMMITTED TO EDUCATIONAL EQUITY & IMPROVING THE ACADEMIC OUTCOMES FOR YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Whitcanack CEO | Officer | 40 | $210,000 |
Deborah Franco Managing Director | 40 | $198,916 | |
Courtney E Young-Law VP Programs | 40 | $175,285 | |
Cliff Yee Managing Dir | 40 | $140,000 | |
Claudia Paredes Snr Dtr Training | 40 | $120,000 | |
Erika Carlsen Snr Dtr Training | 40 | $120,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Celeste Cantu Wsn Consultant | 6/29/20 | $108,220 |
Dig In Wsn Consultant | 6/29/20 | $110,000 |
Celeste Cantu Wsn Consultant | 6/29/20 | $108,220 |
Celeste Cantu Wsn Consultant | 6/29/20 | $108,220 |
Dig In Wsn Consultant | 6/29/20 | $110,000 |
Dig In Wsn Consultant | 6/29/20 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $229,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,977,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,207,526 |
| Total Program Service Revenue | $2,319,611 |
| 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 | $26,489 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,565,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $163,374 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $584,202 |
| Compensation of current officers, directors, key employees. | $85,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,263,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $141,525 |
| Payroll taxes | $141,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,693 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,904 |
| Advertising and promotion | $6,176 |
| Office expenses | $8,278 |
| Information technology | $539 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,372 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $255 |
| Insurance | $12,481 |
| All other expenses | $48,997 |
| Total functional expenses | $2,926,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,227,544 |
| Savings and temporary cash investments | $102,195 |
| Pledges and grants receivable | $696,238 |
| 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 | $15,041 |
| Investments—publicly traded securities | $244,611 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,285,629 |
| Accounts payable and accrued expenses | $105,620 |
| Grants payable | $0 |
| Deferred revenue | $1,272,606 |
| 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 | $663 |
| Total liabilities | $1,378,889 |
| Net assets without donor restrictions | $3,062,034 |
| Net assets with donor restrictions | $844,706 |
| 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 | $5,285,629 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Coro Northern California Inc has recieved totaling $492,554.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $200,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $100,460 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $81,700 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $50,000 |
Water Foundation Sacramento, CA PURPOSE: WATER ACCESS AND CONSERVATION | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,287 |
Endowment Analysis
| Beg. Balance | $245,000 |
| Ending Balance | $245,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Silicon Valley Leadership Group San Jose, CA | $2,543,917 | $5,464,821 |
Womens Economic Ventures Santa Barbara, CA | $6,923,998 | $3,164,689 |
Servant Partners Inc Pomona, CA | $2,786,122 | $3,584,340 |
Coro Northern California Inc San Francisco, CA | $5,285,629 | $5,565,870 |
Search Inside Yourself Leadership Institute San Francisco, CA | $1,133,010 | $2,916,098 |
Greater Phoenix Leadership Inc Phoenix, AZ | $3,109,193 | $2,958,052 |
Great Minds In Stem Los Angeles, CA | $3,658,406 | $2,728,420 |
Capaces Leadership Institute Woodburn, OR | $1,447,498 | $2,526,401 |
Be A Leader Foundation Phoenix, AZ | $3,748,674 | $2,907,092 |
Arizona Trail Association Tucson, AZ | $690,016 | $1,173,659 |
Coro Southern California Inc Los Angeles, CA | $3,377,482 | $1,821,827 |
Southern Arizona Leadership Council Inc Tucson, AZ | $1,637,001 | $981,675 |