Youth Development
(O50)
IRS Verified
DX Registered
990 on File
CORNERS OUTREACH INC
Financial strength (30%)
73/100
Reliability (20%)
50/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Corners Outreach is to equip Metro Atlanta’s underserved students of color and their families to lead full lives through educational development and economic opportunities.
Financial Overview — FY 2024
$5.2M
Total Revenue
$5.1M
Total Expenses
$7.1M
Net Assets
30
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.9%
Fundraising Efficiency
N/A
Operating Reserve
16.79x
Liability-to-Asset
54.7%
Revenue Diversification
92.7%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 1,317 similar organizations
(United States, Youth Development, $1M–$10M in expenses), FY 2024.
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
|
76.9% | 81.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.7% | 11.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.4% | 4.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.8 mo | 11.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
54.7% | 9.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 89.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-50.9% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-12.0% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.3% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.2M | $5.1M | $7.1M | 76.9% | 30 |
| 2023 | $10.6M | $5.8M | $7.0M | 91.7% | 31 |
| 2022 | $5.0M | $4.7M | $2.2M | 90.1% | 0 |
| 2021 | $3.7M | $3.1M | N/A | — | 0 |
| 2020 | $2.8M | $2.4M | N/A | — | 18 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.