Civic Intelligence

Coro New York Leadership Center

EIN 13-3571610 • 501(c)3 • New York, NY

Profile

Coro is a new york city's premier leadership training program and a community of 2,000 alumni across business, govertment, schools and non-profits that is shaping the city's future. For nearly 30 years, coro has used the city as its classroom teaching students and executives, activists and entrepreneurs how new york city works so that they can make it better.

42 Broadway Suite 2001New York, NY 10004

www.coronewyork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

1.99x

Higher debt load relative to assets than 99% of similar nonprofits.

NTEE R • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.77x

Higher debt load relative to revenue than 92% of similar nonprofits.

NTEE R • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-35%

Higher net margin than 13% of similar nonprofits.

NTEE R • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$206,813

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

NTEE R • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-8.2%

Faster asset growth than 27% of similar nonprofits.

NTEE R • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

NTEE R • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$666,795

Down $59,675 (-8.2%) from 2023

Liabilities

Up

$1,324,863

Up $538,379 (+68%) from 2023

Net Assets

Down

-$658,068

Down $598,054 (-997%) from 2023

Operations
Liabilities / Revenue92nd percentileNet Margin13th percentile

Revenue

Down

$1,712,981

Down $252,292 (-13%) from 2023

Expenses

Up

$2,319,709

Up $47,753 (+2.1%) from 2023

Net Income

Down

-$606,728

Down $300,045 (-98%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2011: $383,300Liabilities 2011: $243,727Net Assets 2011: $139,5732011Assets 2012: $895,346Liabilities 2012: $272,625Net Assets 2012: $622,7212012Assets 2013: $1,090,618Liabilities 2013: $258,192Net Assets 2013: $832,4262013Assets 2014: $935,216Liabilities 2014: $196,204Net Assets 2014: $739,0122014Assets 2015: $1,368,635Liabilities 2015: $162,439Net Assets 2015: $1,206,1962015Assets 2016: $1,435,396Liabilities 2016: $283,612Net Assets 2016: $1,151,7842016Assets 2017: $1,533,323Liabilities 2017: $345,653Net Assets 2017: $1,187,6702017Assets 2018: $1,761,652Liabilities 2018: $614,329Net Assets 2018: $1,147,3232018Assets 2019: $1,751,267Liabilities 2019: $563,679Net Assets 2019: $1,187,5882019Assets 2020: $1,292,001Liabilities 2020: $722,234Net Assets 2020: $569,7672020Assets 2021: $1,264,232Liabilities 2021: $1,164,179Net Assets 2021: $100,0532021Assets 2022: $1,024,004Liabilities 2022: $727,910Net Assets 2022: $296,0942022Assets 2023: $726,470Liabilities 2023: $786,484Net Assets 2023: -$60,0142023Assets 2024: $666,795Liabilities 2024: $1,324,863Net Assets 2024: -$658,0682024

Highlighted filing

2024

Assets$666,795
Liabilities$1,324,863
Net Assets-$658,068
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,715,542Expenses 2011: $1,596,059Net Income 2011: $119,4832011Revenue 2012: $2,256,091Expenses 2012: $1,772,943Net Income 2012: $483,1482012Revenue 2013: $2,389,839Expenses 2013: $2,180,134Net Income 2013: $209,7052013Revenue 2014: $2,071,075Expenses 2014: $2,164,489Net Income 2014: -$93,4142014Revenue 2015: $2,857,683Expenses 2015: $2,385,822Net Income 2015: $471,8612015Revenue 2016: $2,661,746Expenses 2016: $2,720,505Net Income 2016: -$58,7592016Revenue 2017: $2,602,141Expenses 2017: $2,587,498Net Income 2017: $14,6432017Revenue 2018: $2,568,736Expenses 2018: $2,619,403Net Income 2018: -$50,6672018Revenue 2019: $2,712,171Expenses 2019: $2,666,374Net Income 2019: $45,7972019Revenue 2020: $2,196,253Expenses 2020: $2,748,006Net Income 2020: -$551,7532020Revenue 2021: $1,726,368Expenses 2021: $2,213,515Net Income 2021: -$487,1472021Revenue 2022: $2,482,361Expenses 2022: $2,217,443Net Income 2022: $264,9182022Revenue 2023: $1,965,273Expenses 2023: $2,271,956Net Income 2023: -$306,6832023Revenue 2024: $1,712,981Expenses 2024: $2,319,709Net Income 2024: -$606,7282024

Highlighted filing

2024

Revenue$1,712,981
Expenses$2,319,709
Net Income-$606,728
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$666,795
Liabilities
$1,324,863
Net assets
-$658,068
Revenue
$1,712,981
Expenses
$2,319,709
Net income
-$606,728
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.32$0.66$1.71$2.32$0.61
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.79$0.06$1.97$2.27$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.73$0.30$2.48$2.22$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.16$0.10$1.73$2.21$0.49
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.29$0.72$0.57$2.20$2.75$0.55
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.56$1.19$2.71$2.67$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.61$1.15$2.57$2.62$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.53$0.35$1.19$2.60$2.59$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.28$1.15$2.66$2.72$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.16$1.21$2.86$2.39$0.47
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.20$0.74$2.07$2.16$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.26$0.83$2.39$2.18$0.21
2012Summary only. Only limited summary data is available for this year.$0.90$0.27$0.62$2.26$1.77$0.48
2011Summary only. Only limited summary data is available for this year.$0.38$0.24$0.14$1.72$1.60$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 10, 2025
Return Version
2023v6.0
Gross Receipts
$1,712,981
Mission and Program Overview

Mission

Coro is new york city's premier leadership training program and a community of 2,000 alumni across business, government, schools and non-profits that is shaping the city's future. For nearly 30 years, coro has used the city as its classroom teaching students and executives, activists and entrepreneurs how new york city works so that they can make it better.

Coro builds the leadership community of new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$281,877$316,101▲ $34,224
Pledges and Grants Receivable$179,515$111,451▼ $68,064
Land, Buildings, and Equipment, Net$130,810$98,631▼ $32,179
Prepaid Expenses and Deferred Charges$71,653$90,931▲ $19,278
Cash and Non-Interest-Bearing Accounts$62,615$49,681▼ $12,934
Total Assets$726,470$666,795▼ $59,675
Liabilities
Unsecured Notes Loans Payable$479,467$807,843▲ $328,376
Accounts Payable and Accrued Expenses$211,813$439,739▲ $227,926
Other Liabilities$88,204$77,281▼ $10,923
Deferred Revenue$7,000--
Total Liabilities$786,484$1,324,863▲ $538,379
Net Assets / Fund Balance
Net Assets With Donor Restrictions$260,000$240,000▼ $20,000
Net Assets Without Donor Restrictions$-320,014$-898,068▼ $578,054
Total Net Assets Fund Balance$-60,014$-658,068▼ $598,054
Total Liabilities and Net Assets / Fund Balance$726,470$666,795▼ $59,675

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$57,517$199,557$257,074
Leasehold Improvements$35,905$83,781$119,686
Equipment$5,209$50,158$55,367
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Garrett LucienVP Program & TrainingFT$206,813$206,813
Adem BunkeddekoExecutive DirectorFT$59,044$59,044

Board Members and Trustees

NameTitle
Andrew KimballBoard Chair
Fatima a ShamaBoard Chair
Gregg BishopVice Chair/interim Ed (thr
Alison HirshBoard Member
Andrea HagelgansBoard Member
Andrew CantorBoard Member
Angelene SuperableBoard Member
Angie KamathBoard Member
Darrell GayBoard Member
David I MoskovitzBoard Member
Jamie Torres SpringerBoard Member
Jeffrey PlautBoard Member
Laasia HundleyBoard Member
Mehul PatelBoard Member
Melissa Roman BurchBoard Member
Melody Rollins DownesBoard Member
Monisha NarianiBoard Member
Nancy YoumanBoard Member
Patrick B JenkinsBoard Member
Richard a CaccappoloBoard Member
Sandra AltineBoard Member
Sarah LewisBoard Member
Susanna AaronBoard Member
Tal GolombBoard Member
Travis TerryBoard Member
Wayne HoBoard Member
Wellington ChenBoard Member
William F SquadronBoard Member
Aaron KoffmanSecretary
Achaibar Dan SawhTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,059,892
Program Service Revenue
$640,500
Investment Income
$7,589
Other Revenue
$5,000
All Other Contributions
$926,679
Change in Net Assets
$-606,728

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,712,981
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-34,826
Total Revenue per Audited Statements
$1,678,155
Total Revenue per Form 990
$1,712,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,158,615
Salaries, Compensation, and Employee Benefits$1,052,489
Total Fundraising Expense$147,639
Professional Fundraising Fees$65,105
Grants and Similar Amounts Paid$43,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$418,797$215,067$12,982$646,846
Fees for Services Other$432,542$104,569$3,488$540,599
Occupancy$19,750$257,413$8,012$285,175
Current Officers, Directors, Trustees, and Key Employees$224,915$20,471$20,471$265,857
Fees for Services Accounting-$124,753-$124,753
Payroll Taxes$56,336$17,749$2,125$76,210
Fees for Services Professional Fundraising--$65,105$65,105
Office Expenses$7,535$54,718$2,038$64,291
Other Employee Benefits$46,278$13,943$3,355$63,576
Interest-$46,822-$46,822
Grants to Domestic Individuals$43,500--$43,500
Depreciation Depletion-$34,355-$34,355
Travel$5,646$1,316$18,206$25,168
Insurance$1,828$11,749$85$13,662
Other Expenses-$599$11,772$599
Fees for Services Legal-$82-$82
Total Functional Expenses$1,257,127$914,943$147,639$2,319,709

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,319,709
Total Expenses per Form 990$2,319,709
Total Expenses per Audited Statements$2,276,209
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-43,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$65,105
Fundraising Direct Expenses$0
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Benefit$133,213---
Total Events$133,213---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$77,281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The 990 is reviewed by the executive director and the full finance committee.”

Form 990, Part VI, Section B, line 12C

“Board members are given a conflict of interest form that they fill out annually.”

Form 990, Part VI, Section B, line 15

“Compensation of the executive director is established by a board search committee in consultation with an outside search firm, who did a comparative review. Other staff positions are measured against comparability data.”

Form 990, Part VI, Section C, line 19

“Whatever information is not made available in the 990 is made available upon request.”

Filing and Contact Details

Filer

Filer Name
Coro New York Leadership Center
EIN
13-3571610
Phone
2122482935
Address
42 BROADWAY SUITE 2001, NEW YORK, NY 10004

Signing Officer

Name
Garret Lucien
Title
Executive Director
Phone
2122482935
Signed
2025-10-10

Organization Details

Principal Officer
Garret Lucien
Formed
1983
Legal Domicile
Ny
Voting Board Members
30
Independent Board Members
30
Employees
10
Volunteers
0

Preparer

Firm
Herman Wolfson & Company
Address
370 7TH AVENUE STE 310, NEW YORK, NY 10001
Preparer
Roberto S King
Phone
2125644771
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Board designated fund not used and discount on long term receivable -10200.”

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Prior year adj, board designated fund not applied and sponsorship adj -61200.”

Raw XML AppendixShowing 400 of 691 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREA HAGELGANS
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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31VP PROGRAM & TRAINING
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IRS990/MissionDesc0CORO IS A NEW YORK CITY'S PREMIER LEADERSHIP TRAINING PROGRAM AND A COMMUNITY OF 2,000 ALUMNI ACROSS BUSINESS, GOVERTMENT, SCHOOLS AND NON-PROFITS THAT IS SHAPING THE CITY'S FUTURE. FOR NEARLY 30 YEARS, CORO HAS USED THE CITY AS ITS CLASSROOM TEACHING STUDENTS AND EXECUTIVES, ACTIVISTS AND ENTREPRENEURS HOW NEW YORK CITY WORKS SO THAT THEY CAN MAKE IT BETTER.
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