Corus International INC

Tax-deductible

Baltimore, MD501(c)(3)Since 2019Human ServicesEIN 84-3236198Revenue $2.4M in FY2025

On file with the IRScorusinternational.org700 Light St, 21230-3850 · Baltimore, MDTax-exempt since May 2020Publicly supported charity — 170(b)(1)(A)(vi)

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To manage an International development, health, and relief focused family of organizations helping people and communities lift themselves out of poverty, support well-being of individuals, families and communities, and provide humanitarian, development, and technical (continued on schedule o)

501(c)(3) charity; gifts are tax-deductible.
21¢ of each $1 spent went to programs.
Run by 15 volunteers and 207 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $21.8M a year · 2819% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
21%
of spending
Concern: 21% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.3M
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$109.1M
760% of total assets
Concern: liabilities are 760% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+22% vs prior year
Spent
$30.6M
To programs
21%
Net assets
−$94.7M
By yearFY2020–FY2025
Revenue
$2.4M
FY2025▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$9K
FY2021$21K
FY2022$34K
FY2023$127K
FY2024$2.0M
FY2025$2.4M
Expenses
$30.6M
FY2025▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.4M
FY2021$22.7M
FY2022$18.1M
FY2023$24.6M
FY2024$26.3M
FY2025$30.6M
Net assets
−$94.7M
FY2025▼ -30%
Tap a bar for its year
Net assets by fiscal year
FY2020−$13.4M
FY2021−$6.0M
FY2022−$24.1M
FY2023−$48.5M
FY2024−$72.8M
FY2025−$94.7M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

21 cents of each dollar spent went to programs.

Program services 21% · $6.4M Management & general 74% · $22.7M Fundraising 5% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990; $3.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President & CEO
$562,570Pt VII · Sec A
Chief Operating Officer
$367,803Pt VII · Sec A
Managing Director/Ihsd Cop
$337,921Pt VII · Sec A
Chief People & Culture Officer
$271,020Pt VII · Sec A
Vice President Global Relationships Resources
$265,720Pt VII · Sec A
Executive Vice President
$259,150Pt VII · Sec A
Vice President, Legal and Compliance
$241,110Pt VII · Sec A
Managing Director, Mihr
$230,126Pt VII · Sec A

Daniel Speckhard’s $563K as President & CEO is at the 100th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023
Daniel Speckhard$562,570$530,561$514,988
Mahmoud Bah$367,803$232,700—
Paul Auxila$337,921$345,280—
Frances Woodard$271,020$274,854—
Joann Theys—$175,427$271,380
Edward Byrd$265,720$268,455$236,380
Tim McCully—$263,165$251,381
Timothy McCully$259,150——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps communities globally overcome poverty, improve health, and strengthen rural economies through sustainable agricultural practices.

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Provided by the organization

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1 program · $6.4M · in their own filed words · FY2024
01

In conjuction with related organizations, lutheran world relief, interchurch medical assistance (ima world health), corus solutions, ground up investing, and cga technologies, corus international works to provide services that help people and communities lift themselves out of poverty, support well-being and health of individuals…

$6.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.2M
Investment incomeLn 3$234K
Money outPt IX
$30.6M
Ln 25
Programscol B$6.4M
Managementcol C$22.7M
Fundraisingcol D$1.5M
Owns and owesPt X
−$94.7M
net assets · Ln 32
Cash and savingsLn 1–2$522K
Total assetsLn 16$14.3M
LiabilitiesLn 26$109.1M
PeoplePt VI, VII
28
listed · VII A
PaidVII A12
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Investment incomeLn 3$234K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$522K
Cash and savings togetherLn 1–2$522K
InvestmentsLn 11–13$2.4M
Land, buildings, equipmentLn 10c$700K
Other assetsLn 15$7.6M
Total assetsLn 16$14.3M
LiabilitiesLn 26$109.1M
Net assetsLn 32−$94.7M
OperationsPt I, VI
EmployeesI 5207
VolunteersI 615
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$406K$522K
InvestmentsLn 11–13$224K$2.4M
Land, buildings, equipmentLn 10c$325K$700K
Total assetsLn 16$7.7M$14.3M
LiabilitiesLn 26$80.6M$109.1M
Net assetsLn 32−$72.8M−$94.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$44K$44K
Grants and assistance to foreign recipientsLn 3$1.3M$1.3M
Pay of current officers, directors and key staffLn 5$2.4M$467K$1.8M$133K
Other salaries and wagesLn 7$12.0M$2.2M$9.1M$622K
Other employee benefitsLn 9$2.5M$950K$1.4M$202K
Payroll taxesLn 10$1.3M$1.3M
Legal feesLn 11b$507K$507K
Accounting feesLn 11c$192K$192K
Other fees for servicesLn 11g$3.4M$515K$2.7M$94K
Advertising and promotionLn 12$309K$3K$14K$293K
Office expensesLn 13$81K$6K$65K$10K
OccupancyLn 16$1.9M$67K$1.9M$91
TravelLn 17$1.0M$350K$648K$14K
Conferences, conventions and meetingsLn 19$91K$40K$51K$314
Depreciation, depletion and amortizationLn 22$52K$2K$49K$1K
InsuranceLn 23$436K$2K$434K
Other expenses (24a–d)Ln 24$1.8M$240K$1.4M$150K
All other expensesLn 24e$1.4M$218K$1.1M$657
Total functional expensesLn 25$30.6M$6.4M$22.7M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.4M$30.6M−$28.2M−$94.7M 990 PDF
FY2024 $2.0M$26.3M−$24.3M−$72.8M 990 PDF
FY2023 $127K$24.6M−$24.4M−$48.5M 990 PDF
FY2022 $34K$18.1M−$18.1M−$24.1M 990 PDF
FY2021 $21K$22.7M−$22.7M−$6.0M 990 PDF
FY2020 $9K$13.4M−$13.4M−$13.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $2,445,934 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,012,492$2,211,763
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$234,171
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,012,492$2,445,934
I-13 Grants and similar amounts paidPrior year $0$1,298,340
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $17,380,306$18,244,269
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,914,791$11,089,583
I-18 Total expensesPrior year $26,295,097$30,632,192
I-19 Revenue less expensesPrior year −$24,282,605−$28,186,258
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,445,934 across 4 lines filed
VIII-1f All other contributions, gifts and grants$2,211,763
VIII-1h Total contributions, gifts and grants$2,211,763
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $234,171$234,171
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $234,171$2,445,934
Part IX · Statement of functional expenses $30,632,192 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $44,493$44,493
IX-3 Grants and assistance to foreign recipientsPrograms $1,253,847$1,253,847
IX-5 Pay of current officers, directors and key staffPrograms $466,549 · Management $1,821,400 · Fundraising $132,614$2,420,563
IX-7 Other salaries and wagesPrograms $2,238,437 · Management $9,116,969 · Fundraising $622,185$11,977,591
IX-9 Other employee benefitsPrograms $950,109 · Management $1,387,026 · Fundraising $202,474$2,539,609
IX-10 Payroll taxesManagement $1,306,506$1,306,506
IX-11b Legal feesManagement $507,351$507,351
IX-11c Accounting feesManagement $192,469$192,469
IX-11g Other fees for servicesPrograms $514,791 · Management $2,743,446 · Fundraising $93,998$3,352,235
IX-12 Advertising and promotionPrograms $2,545 · Management $13,819 · Fundraising $292,755$309,119
IX-13 Office expensesPrograms $6,148 · Management $64,666 · Fundraising $9,730$80,544
IX-16 OccupancyPrograms $67,032 · Management $1,851,034 · Fundraising $91$1,918,157
IX-17 TravelPrograms $349,753 · Management $647,599 · Fundraising $13,518$1,010,870
IX-19 Conferences, conventions and meetingsPrograms $39,565 · Management $51,251 · Fundraising $314$91,130
IX-22 Depreciation, depletion and amortizationPrograms $1,792 · Management $48,774 · Fundraising $1,122$51,688
IX-23 InsurancePrograms $2,212 · Management $433,892$436,104
IX-24 Other expenses (24a–d)Programs $240,478 · Management $1,386,136 · Fundraising $149,982$1,776,596
IX-24e All other expensesPrograms $217,819 · Management $1,144,844 · Fundraising $657$1,363,320
IX-25 Total functional expensesPrograms $6,395,570 · Management $22,717,182 · Fundraising $1,519,440$30,632,192
Part X · Balance sheet $14,346,465 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $405,865$521,766
X-4 Accounts receivableStart of year $148,208$2,021,594
X-8 Inventories for sale or useStart of year $111,799$485,288
X-9 Prepaid expenses and deferred chargesStart of year $384,822$597,010
X-10c Land, buildings and equipment, netStart of year $324,872$700,031
X-13 Program-related investmentsStart of year $223,946$2,432,371
X-15 Other assetsStart of year $6,146,872$7,588,405
X-16 Total assetsStart of year $7,746,384$14,346,465
X-17 Accounts payable and accrued expensesStart of year $2,127,448$2,976,779
X-25 Other liabilitiesStart of year $78,442,962$106,088,321
X-26 Total liabilitiesStart of year $80,570,410$109,065,100
X-27 Net assets without donor restrictionsStart of year −$72,989,371−$95,318,223
X-28 Net assets with donor restrictionsStart of year $165,345$599,588
X-32 Total net assets or fund balancesStart of year −$72,824,026−$94,718,635
X-33 Total liabilities and net assetsStart of year $7,746,384$14,346,465
Part XI · Reconciliation of net assets −$94,718,635 net assets at year end
XI-1 Total revenue$2,445,934
XI-2 Total expenses$30,632,192
XI-3 Revenue less expenses−$28,186,258
XI-4 Net assets at start of year−$72,824,026
XI-9 Other changes in net assets$6,291,649
XI-10 Net assets at end of year−$94,718,635

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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