Philanthropy & Grantmaking
(T20)
990 on File
GEORGE & THERESA CORBETT FOUNDATION INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$60K
Total Revenue
$95K
Total Expenses
$1.2M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
145.72x
Liability-to-Asset
0.0%
Revenue Diversification
90.4%
Compared with Peers
FY 2024
Compared with 21,182 similar organizations
(United States, Philanthropy & Grantmaking, under $100K 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
|
100.0% | 86.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
145.7 mo | 122.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.4% | 94.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
4.2% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
188.3% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-58.5% | 7.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $60K | $95K | $1.2M | 100.0% | — |
| 2023 | $58K | $33K | $1.2M | 0.0% | — |
| 2022 | $65K | $56K | $1.2M | 100.0% | — |
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