CONEXION INC (EIN 208056726) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

PHYLLIS BARAJAS

Phone

6179232555

Tax Period

2024-01-01 to 2024-12-31

CONEXION INC, founded in 2006, is a small nonprofit in the Employment sector that reported $404K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $502K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROMOTE AND EXPAND LEADERSHIP DEVELOPMENT, NETWORKING, AND COOPERATION WITHIN THE LATINO COMMUNITY IN THE UNITED STATES OF AMERICA. THE ORGANIZATION SEEKS TO ADVOCATE ON BEHALF OF THE HISPANIC/LATINO COMMUNITY LEADERSHIP TO SERVE ON BOARDS AND AT THE HIGHEST LEVEL OF CORPORATE LEADERSHIP- PUBLIC AND PRIVATE- IN THE UNITED STATES OF AMERICA; TO BUILD SOCIAL CAPITAL WITHIN AND ON BEHALF OF THE HISPANIC/LATINO COMMUNITY; TO INFORM THE PUBLIC ON THE IMPORTANCE OF HISPANIC/LATINOS TO SOCIETY AND THE WORKFORCE; TO PROVIDE THOUGHT LEADERSHIP TO INFLUENCE INDUSTRY DECISION MAKERS FOR THE ADVANCEMENT OF HISPANIC/LATINO LEADERS; AND TO PROVIDE TRAINING AND EDUCATION TO ENHANCE THE LEADERSHIP SKILLS OF HISPANIC/LATINOS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,358

Program Service Revenue $320,000

Investment Income $2,611

Other Revenue $380

TOTAL REVENUE $404,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,096

Fundraising Expenses $58,535

Program Expenses $366,075

Other Expenses $211,207

TOTAL EXPENSES $502,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,349	$611,478	-0.3%
Expenses	$502,303	$642,563	-0.2%
Net Income	$-97,954	$-31,085	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$137,960

Total Directors

$137,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHYLLIS BARAJAS	EXECUTIVE DIRECTOR	40.00	Officer Director	$137,960	$0	$137,960
JUAN PESTANA	DIRECTOR	5.00	Director	$0	$0	$0
MATTHEW SHADRICK	CLERK (RESIGNED ON JULY 2024)	5.00	Officer Director	$0	$0	$0
GREG FLORES	CHAIR	5.00	Officer Director	$0	$0	$0
STEVE SANCHEZ	VICE CHAIR	5.00	Officer Director	$0	$0	$0
NORA MORALES	DIRECTOR	5.00	Officer Director	$0	$0	$0
LUIS HURTADO	DIRECTOR	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$404,349	$502,303	$489,469	$-97,954
2023	$611,478	$642,563	$605,585	$-31,085
2022	$725,762	$501,601	$501,729	$224,161
2021	$743,491	$507,396	$346,054	$236,095
2020	$433,840	$391,002	$396,687	$42,838
2019	$369,819	$376,405	$308,390	$-6,586
2018	$271,055	$381,401	$207,728	$-110,346

CONEXION INC