2025-05-15T11:49:30-04:00 2024-12-31 203811563 JTGOLDSTEIN 2200 ARCH ST STE 101 PHILADELPHIA PA 191032136 990 2024-01-01 230355320 PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION PHIL 2677649880 1900 MARKET STREET FL 8-148 PHILADELPHIA PA 19103 MICHAEL TUCKER PRESIDENT 2675071690 2025-05-14 true WILLIAM HENDERSON P02360120 2155253593 2025-05-14 2024 2025-03-06 01:10:19Z CORE MICHAEL TUCKER 1900 MARKET STREET FL 8-148 PHILADELPHIA PA 19103 243146 false X WWW.CORESCHOLARS.ORG X 2003 PA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION (CORE) IS DEDICATED TO UNITING COMMUNITIES AROUND THE GOAL OF ENSURING THAT POSTSECONDARY EDUCATION IS AFFORDABLE AND ACCESSIBLE FOR ALL. CORE SCHOLARS IS THE FIRST SCHOLARSHIP OF ITS KIND TO FOCUS SPECIFICALLY ON HIGH SCHOOL SENIORS -WHETHER FROM THE PUBLIC, PRIVATE, CHARTER, OR PAROCHIAL SYSTEMS LIVING BELOW THE POVERTY LINE FOR AN INDIVIDUAL DEVELOPMENT ACCOUNT (IDA) SAVINGS PROGRAM. OVER THE PAST NINE YEARS, CORE HAS AWARDED OVER 25,669 PHILADELPHIA STUDENTS A TOTAL OF MORE THAN 30 MILLION DOLLARS. OF OUR ORIGINAL GROUP OF CORE SCHOLARS, 58% ULTIMATELY GRADUATED FROM COLLEGE OVER SIX YEARS. 4 4 2 0 241431 242246 0 1359 900 4546 0 247336 243146 30000 52500 0 131562 136322 0 0 53625 65032 215187 253854 32149 -10708 5387519 5647624 260167 260234 5127352 5387390 X PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE") IS A NONPROFIT CORPORATION FOUNDED IN PHILADELPHIA, PA IN 2003. CORE WAS ORGANIZED TO PROVIDE FINANCIAL SCHOLARSHIPS AND COLLEGE PREP ASSISTANCE TO HIGH SCHOOL STUDENTS. CORE SCHOLARSHIPS ARE ONLY APPLICABLE TO STUDENTS WHO RESIDE IN PHILADELPHIA. CORE IS A NONPROFIT INITIATIVE DESIGNED TO UNITE COMMUNITIES AROUND THE GOAL OF ENSURING THAT ALL CHILDREN HAVE ACCESS TO COLLEGE. CORE'S PREMIER PROGRAM, THE RISE FINANCIAL LITERACY SCHOLARSHIP PROGRAM, IS A FIRST-OF-ITS-KIND PROGRAM THAT OFFERS ALL HIGH SCHOOL SENIORS - WHETHER FROM PUBLIC, PRIVATE CHARTER OR PAROCHIAL SYSTEMS - IN PHILADELPHIA A UNIQUE OPPORTUNITY TO ATTEND ACCREDITED COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY. CORE ISSUES AWARDS BASED ON THE AMOUNT OF DOLLARS AVAILABLE FOR SCHOLARSHIPS. CORE IS PRIMARILY SUPPORTED BY A CHARITABLE TRUST AND GRANTS FROM FEDERAL ENTITIES. false false 52500 52500 CORE PROVIDE COLLEGE SCHOLARSHIP AWARDS TO PHILADELPHIA HIGH SCHOOL STUDENTS WHO ARE ENROLLED FULL TIME AS A GRADUATING HIGH SCHOOL SENIOR, AND STUDENTS ATTENDING A PHILADELPHIA 2 OR 4-YEAR COLLEGE, UNIVERSITY, OR TRADE SCHOOL; ALSO PROVIDED A STEADY FLOW OF COLLEGE PREP RESOURCE INFORMATION AND IMPORTANT FINANCIAL AID/COLLEGE APPLICATION DEADLINE ANNOUNCEMENTS TARGETED TO GRADUATING HIGH SCHOOL SENIORS AND COLLEGE STUDENTS. THE RISE FINANCIAL SCHOLARSHIP PROGRAM IS OPEN TO ALL PHILADELPHIA RESIDENT PUBLIC, PRIVATE, CHARTER, OR PAROCHIAL SCHOOL STUDENTS. THE SCHOLARSHIP RECEIPIENTS ARE AWARDED THE RISE FINANCIAL LITERACY SCHOLARSHIP'S AMOUNT AFTER THEIR RISE APPLICATION IS COMPLETE AND APPROVED BY CORE. VERIFICATION/CONFIRMATION OF FULL TIME ATTENDANCE AT AN EDUCATIONAL INSTITUTION IS PROVIDED BY THE EDUCATION INSTITUION'S FINANCIAL AID OFFICE. THE AWARD CHECK IS SENT DIRECTLY TO THE EDUCATION INSTITUTION ON THE STUDENT'S BEHALF. THE EDUCATION INSTITUTION THEN APPLIES THE SCHOLARSHIP TO THE STUDENT'S ACCOUNT BALANCE. NO SCHOLARSHIP AWARD CHECKS ARE GIVEN TO STUDENTS DIRECTLY. ALL CHECKS GO DIRECTLY TO THE INSTITUTIONS THEMSELVES. 156404 PROVIDED SCHOLARSHIPS FOR UNDER-SERVED YOUTH IN PHILADELPHIA AREA. 156404 208904 true false false false false false false false true true true false true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 1 0 2 true false false false false false false false false false false false false false false X 4 4 false true false false false false false true true false false true true true true true true true false false PA X NAOMI NELSON 2677649880 1900 MARKET STREET FL 8-148 PHILADELPHIA PA 19103 X MICHAEL TUCKER PRESIDENT 4.00 X X 0 0 0 JOHN LAY SECRETARY 2.00 X X 0 0 0 JOSEPH T FOSTER JR TREASURER 2.00 X X 0 0 0 WILLIAM JORDAN DIRECTOR 2.00 X 0 0 0 false false false 242246 242246 900 900 243146 900 52500 52500 68615 58323 10292 56470 47999 8471 2761 2347 414 8476 7205 1271 16500 16500 10130 8610 1520 3546 3014 532 6877 5845 1032 17800 15130 2670 299 254 45 2203 2203 SCHOLARSHIP EXPENSES 7500 7500 PROGRAM EXPENSES 122 122 CHARITABLE CONTRIBUTIONS 55 55 253854 208904 44950 0 40567 28492 2718 3994 18168 18168 5330234 5601138 14000 14000 5387519 5647624 18736 18803 241431 241431 260167 260234 X 1698436 1958474 3428916 3428916 5127352 5387390 5387519 5647624 X -10708 271279 -533 X true false false X 39000 51500 40500 241431 242246 614677 39000 51500 40500 241431 242246 614677 614677 5624 77 12 1359 900 7972 5624 77 12 1359 900 7972 3546 3546 44624 51577 40512 246336 243146 626195 0.98160 0.82460 0.01000 0.17000 X false false 5331593 272179 -52500 -242246 5605131 4926976 665346 -30000 -241488 -19859 5331593 5797910 -798365 -40500 -20900 4926976 5369991 667885 -51500 -165605 -22861 5797910 5271756 180259 -23500 -39000 -19524 5369991 1.00000 true false 18168 18168 BENEFICIARY INTEREST IN TRUST 5601138 F 5601138 514425 271279 271279 243146 243146 253854 253854 253854 SCHEDULE D, PAGE 2, PART V, LINE 4 CORE IS THE IRREVOCABLE BENEFICIARY OF A PERPETUAL CHARITABLE TRUST HELD BY A TRUSTEE. THESE RESOURCES ARE NEITHER IN THE POSSESSION OF, NOR UNDER THE CONTROL OF CORE. THE TERMS OF THE TRUST PROVIDE THAT CORE IS TO RECEIVE AN ANNUAL DISTRIBUTION FROM THE TRUST, THE AMOUNT OF 4% OF THE NET FAIR MARKET VALUE OF THE ASSETS OF THE TRUST (DETERMINED ANNUALLY BASED ON THE AVERAGE OF THE FAIR MARKET VALUE OF THE TRUST AS OF THE END OF THE THREE PRECEDING TAXABLE YEARS). AT THE TRUSTEE'S DISCRETION, CORE MAY RECEIVE AN ADDITIONAL MAXIMUM AMOUNT OF 3% OF THE NET FAIR MARKET VALUE OF THE ASSETS OF THE TRUST, WHICH IS ALSO DETERMINED ANNUALLY USING THE AFOREMENTIONED CRITERIA. true SCHOLARSHIP AWARDS 21 52500 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 ALL APPLICATIONS REVIEWED AND APPROVED BY CORE PRIOR TO AWARD OF SCHOLARSHIPS. VERIFICATION/CONFIRMATION OF ATTENDANCE AT AN INSTITUION IS PROVIDED BY THE INSTITUTION'S FINANCIAL AID OFFICE. THE SCHOLARSHIP AWARD CHECK IS SENT DIRECTLY TO THE EDUCATIONAL INSTITUTION, WHERE THE FUNDS ARE APPLIED TO THE STUDENT'S ACCOUNT ON THEIR BEHALF. NO AWARD CHECKS ARE PROVIDED TO THE STUDENTS DIRECTLY. FORM 990, PAGE 1, ITEM C CORE FORM 990 - ORGANIZATION'S MISSION PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE") IS A NONPROFIT CORPORATION FOUNDED IN PHILADELPHIA, PA IN 2003. CORE WAS ORGANIZED TO PROVIDE FINANCIAL SCHOLARSHIPS AND COLLEGE PREP ASSISTANCE TO HIGH SCHOOL STUDENTS. CORE SCHOLARSHIPS ARE ONLY APPLICABLE TO STUDENTS WHO RESIDE IN PHILADELPHIA. CORE IS A NONPROFIT INITIATIVE DESIGNED TO UNITE COMMUNITIES AROUND THE GOAL OF ENSURING THAT ALL CHILDREN HAVE ACCESS TO COLLEGE. CORE'S PREMIER PROGRAM, THE RISE FINANCIAL LITERACY SCHOLARSHIP PROGRAM, IS A FIRST-OF-ITS-KIND PROGRAM THAT OFFERS ALL HIGH SCHOOL SENIORS - WHETHER FROM PUBLIC, PRIVATE CHARTER OR PAROCHIAL SYSTEMS - IN PHILADELPHIA A UNIQUE OPPORTUNITY TO ATTEND ACCREDITED COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY. CORE ISSUES AWARDS BASED ON THE AMOUNT OF DOLLARS AVAILABLE FOR SCHOLARSHIPS. CORE IS PRIMARILY SUPPORTED BY A CHARITABLE TRUST AND GRANTS FROM FEDERAL ENTITIES. FORM 990, PAGE 2, PART III, LINE 4A CORE PROVIDE COLLEGE SCHOLARSHIP AWARDS TO PHILADELPHIA HIGH SCHOOL STUDENTS WHO ARE ENROLLED FULL TIME AS A GRADUATING HIGH SCHOOL SENIOR, AND STUDENTS ATTENDING A PHILADELPHIA 2 OR 4-YEAR COLLEGE, UNIVERSITY, OR TRADE SCHOOL; ALSO PROVIDED A STEADY FLOW OF COLLEGE PREP RESOURCE INFORMATION AND IMPORTANT FINANCIAL AID/COLLEGE APPLICATION DEADLINE ANNOUNCEMENTS TARGETED TO GRADUATING HIGH SCHOOL SENIORS AND COLLEGE STUDENTS. THE RISE FINANCIAL SCHOLARSHIP PROGRAM IS OPEN TO ALL PHILADELPHIA RESIDENT PUBLIC, PRIVATE, CHARTER, OR PAROCHIAL SCHOOL STUDENTS. THE SCHOLARSHIP RECEIPIENTS ARE AWARDED THE RISE FINANCIAL LITERACY SCHOLARSHIP'S AMOUNT AFTER THEIR RISE APPLICATION IS COMPLETE AND APPROVED BY CORE. VERIFICATION/CONFIRMATION OF FULL TIME ATTENDANCE AT AN EDUCATIONAL INSTITUTION IS PROVIDED BY THE EDUCATION INSTITUION'S FINANCIAL AID OFFICE. THE AWARD CHECK IS SENT DIRECTLY TO THE EDUCATION INSTITUTION ON THE STUDENT'S BEHALF. THE EDUCATION INSTITUTION THEN APPLIES THE SCHOLARSHIP TO THE STUDENT'S ACCOUNT BALANCE. NO SCHOLARSHIP AWARD CHECKS ARE GIVEN TO STUDENTS DIRECTLY. ALL CHECKS GO DIRECTLY TO THE INSTITUTIONS THEMSELVES. FORM 990, PAGE 2, PART III, LINE 4D PROVIDED SCHOLARSHIPS FOR UNDER-SERVED YOUTH IN PHILADELPHIA AREA. FORM 990, PAGE 6, PART VI, LINE 3 THE FINANCIAL OPERATIONS OF THE ORGANIZATION WAS OUTSOURCED TO JTGOLDSTEIN LLC, WHO WAS RESPONSIBLE FOR THE ACCOUNTING AND REPORTING OF CORE. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL REVIEW BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN CREDIT CARD BALANCE -533