Coro Northern California Inc
- Assets
- $5.0m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 37
- Location
- San Francisco, CA
- Founding
- 12/1994
- Data as of
- 06/2023
- 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 06/2023, Coro Northern California Inc employed 37 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 06/2023, Coro Northern California Inc generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $5.0m during the year ending 06/2023. While expenses have increased by 17.8% per year over the past 8 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
2023
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
THE PROJECT GLIMMER EMPOWERMENT ACADEMY, IS A SIX-WEEK VIRTUAL LEADERSHIP COURSE FACILITATED BY SKILLED TRAINERS AND PEER MENTORS. ACADEMY SESSIONS FOCUS ON GOAL-SETTING, PRESENTATION SKILLS, FINANCIAL LITERACY, AND SELF-REFLECTION, DELIVERED VIRTUALLY TO PARTICIPANTS NATIONWIDE. CORO FACILITATES 6 COHORTS THROUGHOUT THE COURSE OF THE YEAR.
2023 RISING LEADERS COHORT: THE NORTHERN CALIFORNIA GRANT MAKERS AND CORO PARTNERED TOGETHER TO JOIN THEIR EXPERIENCE, COMMITMENT AND BELIEF IN THE POWER OF LEADERSHIP DEVELOPMENT TO BUILD COMPETENCIES IN RISING LEADERS TO MEET THE CHALLENGES OF OUR TIMES. THROUGH INTERACTIVE, SMALL GROUP INSTRUCTION, WORKSHOPS, CONVERSATIONS, PERSONAL DEVELOPMENT TOOLS, AND PANELS WITH LIKE MINDED AND SENIOR PHILANTHROPIC PROFESSIONAL, THE PROGRAM AIMS TO BUILD THE COMPETENCIES OF SELF-AWARENESS, CURIOSITY, COMMUNICATION, NAVIGATING POWER, CONFLICT MANAGEMENT, FACILITATION, COLLABORATION AND BELONGING.
- CORO SIGNED A 5 YEAR LEASE FOR OFFICE SPACE AT 230 CALIFORNIA, SUITE 600 IN SAN FRANCISCO.- HOSTED A NUMBER OF IN-PERSON EVENTS TO BRING TOGETHER THE CORO COMMUNITY, INCLUDING A SPRING GATHERING ATTENDED BY APPROXIMATELY 350 MEMBERS OF THE CORO NETWORK.- SUCCESSFULLY SCOPED AND IMPLEMENTED A REDESIGN TO THE FELLOWS PROGRAM IN PUBLIC AFFAIRS.- IN 2022, CORO CELEBRATED THE 5TH ANNIVERSARY OF ITS REVAMPED WOMEN IN LEADERSHIP PROGRAM. MORE THAN 320 ALUMS ARE WORKING AND LEADING ACROSS THE REGION, AND 150+ ALUMS AND SUPPORTERS JOINED US FOR A PANEL DISCUSSION AND RECEPTION WITH STANDOUT BAY AREA LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Whitcanack CEO | Officer | 40 | $218,576 |
Deborah Franco Managing Director | 40 | $209,600 | |
Courtney E Young-Law VP Programs | 40 | $175,285 | |
Lauren Haworth Snr Dir. Finance | 40 | $143,750 | |
Cliff Yee Managing Dir | 40 | $140,000 | |
Erika Carlsen Managing Dir. | 40 | $140,000 |
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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,890,125 |
| Noncash contributions included in lines 1a–1f | $9,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,890,125 |
| Total Program Service Revenue | $1,476,404 |
| Investment income | $28,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,417 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,428,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $109,012 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $603,461 |
| Compensation of current officers, directors, key employees. | $37,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,725,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $265,170 |
| Payroll taxes | $240,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $337,595 |
| Advertising and promotion | $112,154 |
| Office expenses | $6,407 |
| Information technology | $1,871 |
| Royalties | $0 |
| Occupancy | $92,837 |
| Travel | $24,456 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,059 |
| Insurance | $14,935 |
| All other expenses | $100,403 |
| Total functional expenses | $5,037,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $478,615 |
| Savings and temporary cash investments | $32,621 |
| Pledges and grants receivable | $2,247,990 |
| Accounts receivable, net | $399,067 |
| 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 | $38,279 |
| Net Land, buildings, and equipment | $34,499 |
| Investments—publicly traded securities | $1,739,109 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,503 |
| Total assets | $5,003,683 |
| Accounts payable and accrued expenses | $124,794 |
| Grants payable | $0 |
| Deferred revenue | $601,094 |
| 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 | $0 |
| Total liabilities | $725,888 |
| Net assets without donor restrictions | $1,215,163 |
| Net assets with donor restrictions | $3,062,632 |
| 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 | $5,003,683 |