SCommunity Improvement & Capacity BuildingEIN: 522337734· Ruling Year: 2014

Corenet Global Inc

Atlanta, Georgia

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.18×
Peer Median2.76×
💰
$13.4M
Total Revenue
📊
$12.2M
Total Expenses
🏦
$14.4M
Net Assets
📋
$17.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.7%
Year-over-year change (2023 → 2024)
Net Margin
+9.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.18
Net assets divided by total expenses
Liabilities-to-Assets
54.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$13,438,0457%$12,220,1451%$31,695,84617%
2023$14,405,28343%$12,144,04332%$27,083,10121%
2022$10,074,15527%$9,165,66521%$22,405,20819%
2021$7,902,07046%$7,595,55847%$18,844,13819%
2020$14,575,2241%$14,356,7855%$23,144,60714%
2019$14,768,723$13,688,227$20,385,61333%
2018$14,774,5269%$13,668,9334%$15,358,0575%
2017$13,579,6542%$13,122,5332%$14,648,91219%
2016$13,810,617$12,862,2652%$12,315,7389%
2015$13,783,8567%$12,609,87014%$11,285,5347%
2014$12,872,1292%$11,109,7915%$10,542,02934%
2013$12,578,19223%$11,749,36920%$7,858,94830%
2012$16,367,96813%$14,662,3204%$11,226,77224%
2011$14,517,877$14,159,729$9,031,547

Frequently Asked Questions

What does Corenet Global Inc do?

Corenet Global Inc is a community improvement & capacity building nonprofit organization based in Georgia. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Corenet Global Inc financially healthy?

Based on our 9-metric Financial Health Score model, Corenet Global Inc has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Corenet Global Inc generate?

Corenet Global Inc reports $13.4M in annual revenue and holds $31.7M in total assets, based on IRS filings.

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