CONNECTED NATION DEVELOPMENT CORPORATION (EIN 262203687) - 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

2008

Legal Domicile

Principal Officer

THOMAS W FERREE

Phone

2707814320

Tax Period

2023-01-01 to 2023-12-31

Mission

TO PROMOTE THE CONCEPT AND COLLABORATION OF TECHNOLOGY EXPANSION, INCLUDING BROADBAND EXPANSION, INTO ALL AREAS OF THE COUNTRY TO THE OFFICIALS, PRIVATE TELECOMMUNICATIONS INDUSTRY LEADERS, AND LEGISLATURES BOTH AT THE FEDERAL AND STATE LEVELS. A PORTION OF ITS ACTIVITIES WILL BE THE SOLICITATION OF FUNDS FROM STATE AND FEDERAL LEGISLATURES TO FACILITATE PROGRAMS IN THE EXPANSION STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,525

Other Expenses $228,668

TOTAL EXPENSES $228,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$228,668	$180,633	+0.3%
Net Income	N/A	$-180,633	N/A

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

N/A

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

$638,224

Total Directors

$384,566

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS W FERREE	PRESIDENT AND DIRECTOR	1.00	Officer Director	$0	$23,114	$384,566
MARK K MCELROY	VICE PRESIDENT AND DIRECTO	1.00	Officer Director	$0	$0	$0
GWEN BATES	DIRECTOR	1.00	Director	$0	$0	$0
BERNICE A BOGLE	TREASURER	1.00	Officer	$0	$24,901	$253,658

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	No data	No data	No data	No data
2023	No data	$228,668	No data	No data
2022	No data	$180,633	No data	No data
2021	No data	$166,733	$18	No data
2020	No data	$177,812	$78	No data
2019	No data	$132,762	$138	No data
2018	No data	$146,169	$198	No data

CONNECTED NATION DEVELOPMENT CORPORATION