Cora's Intergenerational Center FY2021 filing

Tax-deductible

Charlotte, NC501(c)(3)Since 2020EIN 84-4241574

To provide affordable and high-quality adult day health services for older and assistance-requiring adults.

501(c)(3) charity; gifts are tax-deductible.
24¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $33K a year · 12% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
24%
of spending
Concern: 24% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 44% of spending
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
Liabilities
$297K
119% of total assets
Concern: liabilities are 119% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$72K
Spent
$114K
To programs
24%
Net assets
−$48K
By yearFY2021–FY2025
Revenue
$72K
FY2021
Revenue by fiscal year
FY2021$72K
FY2022$233K
FY2023$346K
FY2024$291K
FY2025$445K
Expenses
$114K
FY2021
Expenses by fiscal year
FY2021$114K
FY2022$235K
FY2023$330K
FY2024$394K
FY2025$480K
Net assets
−$48K
FY2021
Net assets by fiscal year
FY2021−$48K
FY2022−$49K
FY2023−$33K
FY2024−$136K
FY2025−$171K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

24 cents of each dollar spent went to programs.

Program services 24% · $27K Management & general 76% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Program Director
$43,667Pt VII · Sec A
Managerial Oversight
$4,200Pt VII · Sec A
Financial Oversight
$2,200Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Dr Mary Wilson$49,920$48,000$46,172——
Tiketha Collins———$25,990$43,667
Carmen Morrison$39,600$35,914$22,000——
Shana Spicer$36,927$33,343$20,000——
Dr Mary Wilson———$36,078—
Carmen Morrison———$4,200$4,200
Shana Spicer———$2,200$2,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cora's Intergenerational Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers adult day and health care in a community with children.

Provided by the organization

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1 program service account for $114K of program spending, described in the organization's own filed words · FY2021.
01

Provide adult day and health care in an intergenerational community.

$114Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$72K
Ln 12
Gifts and grantsLn 1h$60K
Other incomeLn 4–11$12K
Money outPt IX
$114K
Ln 25
Programscol B$27K
Managementcol C$86K
Owns and owesPt X
−$48K
net assets · Ln 32
Total assetsLn 16$249K
LiabilitiesLn 26$297K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$60K
Other incomeLn 4–11$12K
Total revenueLn 12$72K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$249K
Total assetsLn 16$249K
LiabilitiesLn 26$297K
Net assetsLn 32−$48K
OperationsPt I, VI
EmployeesI 512
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Land, buildings, equipmentLn 10c$82K$249K
Total assetsLn 16$82K$249K
LiabilitiesLn 26$88K$297K
Net assetsLn 32−$6K−$48K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$54K$275$54K
Pension plan contributionsLn 8$280$280
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$4K$22$4K
Management feesLn 11a$10K$10K
Office expensesLn 13$4K$4K
Information technologyLn 14$1K$1K
OccupancyLn 16$12K$10K$1K
Depreciation, depletion and amortizationLn 22$17K$16K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$2K$1K$1K
Total functional expensesLn 25$114K$27K$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $445K$480K−$35K−$171K 990 PDF
FY2024 $291K$394K−$103K−$136K 990 PDF
FY2023 $346K$330K$16K−$33K 990 PDF
FY2022 $233K$235K−$2K−$49K 990 PDF
FY2021 Viewing $72K$114K−$42K−$48K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $71,699 across 5 lines filed
VIII-1f All other contributions, gifts and grants$60,000
VIII-1h Total contributions, gifts and grants$60,000
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,699$11,699
VIII-12 Total revenueRelated to mission $11,699$71,699
Part IX · Statement of functional expenses $113,500 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $275 · Management $53,667$53,942
IX-8 Pension plan contributionsManagement $280$280
IX-9 Other employee benefitsManagement $5,379$5,379
IX-10 Payroll taxesPrograms $22 · Management $4,287$4,309
IX-11a Management feesManagement $9,641$9,641
IX-13 Office expensesManagement $4,147$4,147
IX-14 Information technologyManagement $1,457$1,457
IX-16 OccupancyPrograms $10,437 · Management $1,160$11,597
IX-22 Depreciation, depletion and amortizationPrograms $15,677 · Management $1,742$17,419
IX-23 InsuranceManagement $2,930$2,930
IX-24 Other expenses (24a–d)Programs $1,080 · Management $1,319$2,399
IX-25 Total functional expensesPrograms $27,491 · Management $86,009 · Fundraising $0$113,500
Part X · Balance sheet $249,334 assets, 8 lines filed
X-4 Accounts receivable$526
X-10c Land, buildings and equipment, netStart of year $82,377$248,808
X-16 Total assetsStart of year $82,377$249,334
X-17 Accounts payable and accrued expensesStart of year $88,433$297,191
X-26 Total liabilitiesStart of year $88,433$297,191
X-27 Net assets without donor restrictionsStart of year −$6,056−$47,857
X-32 Total net assets or fund balancesStart of year −$6,056−$47,857
X-33 Total liabilities and net assetsStart of year $82,377$249,334
Part XI · Reconciliation of net assets −$47,857 net assets at year end
XI-1 Total revenue$71,699
XI-2 Total expenses$113,500
XI-3 Revenue less expenses−$41,801
XI-4 Net assets at start of year−$6,056
XI-10 Net assets at end of year−$47,857

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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