S — Community 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$13,438,045↓7%$12,220,145↑1%$31,695,846↑17%
2023$14,405,283↑43%$12,144,043↑32%$27,083,101↑21%
2022$10,074,155↑27%$9,165,665↑21%$22,405,208↑19%
2021$7,902,070↓46%$7,595,558↓47%$18,844,138↓19%
2020$14,575,224↓1%$14,356,785↑5%$23,144,607↑14%
2019$14,768,723$13,688,227$20,385,613↑33%
2018$14,774,526↑9%$13,668,933↑4%$15,358,057↑5%
2017$13,579,654↓2%$13,122,533↑2%$14,648,912↑19%
2016$13,810,617$12,862,265↑2%$12,315,738↑9%
2015$13,783,856↑7%$12,609,870↑14%$11,285,534↑7%
2014$12,872,129↑2%$11,109,791↓5%$10,542,029↑34%
2013$12,578,192↓23%$11,749,369↓20%$7,858,948↓30%
2012$16,367,968↑13%$14,662,320↑4%$11,226,772↑24%
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 $12.1M in annual revenue and holds $27.6M in total assets, based on IRS filings.

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