Corenet Global Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 242,051 | 197,879 | 44,172 | 18.3 | 0% |
| 2022 | 290,142 | 236,259 | 53,883 | 18.0 | 0% |
| 2023 | 353,221 | 429,556 | −76,335 | 7.8 | 0% |
| 2024 | 390,165 | 445,240 | −55,075 | 6.0 | 0% |
In its most recent public year (2024), this organization spent $55,075 more than it brought in. Its reserves stood at about 6 months of spending, down from 18.3 in 2021. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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