Employment
(J21)
990 on File
COREVERITAS
Financial strength (30%)
64/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2022
$8K
Total Revenue
$28K
Total Expenses
$254
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.9%
Fundraising Efficiency
N/A
Operating Reserve
0.11x
Liability-to-Asset
99.4%
Revenue Diversification
100.0%
Executive Compensation
$0
Compared with Peers
FY 2022
Compared with 621 similar organizations
(United States, Employment, under $100K in expenses), FY 2022.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.9% | 80.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.1% | 10.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.1 mo | 19.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
99.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 100.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-91.2% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-12.9% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-268.5% | 18.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2022 | $8K | $28K | $254 | 77.9% | 0 |
| 2021 | $87K | $32K | N/A | — | 1 |
| 2020 | $38K | $80K | N/A | — | 1 |
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