NEXUS COMMUNITY PARTNERS

EIN: 300658898 501(c)(3) Philanthropy & Grantmaking

Saint Paul, MN

Total Revenue
$5,509,575
Total Expenses
$10,510,990
Total Assets
$46,567,295
Net Assets
$45,651,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
Repa Mekha
Phone
6512897038
Tax Period
2024-01-01 to 2024-12-31

NEXUS COMMUNITY PARTNERS, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.5M in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $10.5M exceeded revenue, resulting in a 91% operating deficit.

Mission

Nexus' work ensures that people participate in the economic, civic and social activities that improve their communities and advance racial, social and economic equity. Nexus works on the East Side of St. Paul, in North and South Minneapolis, and in the broader Twin Cities region. Nexus advances its mission by focusing on three key activities: 1. Strengthening organizations: Nexus builds the capacity of the community-based organizations and their leaders to promote equitable and sustainable change in their communities. This is accomplished through funding and on-the-ground technical assistance. 2. Developing innovative initiatives: Nexus creates the space and provides support to innovative initiatives that advance equity and sustainable change. 3. Aligning and amplifying resources: Nexus intentionally connects local efforts to broader regional initiatives, linking neighborhoods to regional institutions, decision-making and economic opportunities.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,051,729
Program Service Revenue $348,190
Investment Income $2,105,433
Other Revenue $4,223
TOTAL REVENUE $5,509,575

Expense Breakdown

Grants Paid $5,377,948
Salaries & Benefits $3,333,729
Fundraising Expenses $156,235
Program Expenses $8,487,745
Other Expenses $1,799,313
TOTAL EXPENSES $10,510,990

Year-over-Year Comparison

2024 2023 Change
Revenue $5,509,575 $54,170,214 -0.9%
Expenses $10,510,990 $14,803,884 -0.3%
Net Income $-5,001,415 $39,366,330 -1.1%
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

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Governance

Voting Members
9
Independent Members
9
Employees
31
Volunteers
9

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
3
$333,337
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Repa Mekha President and CEO 32.00
Officer
$291,381 $41,956 $333,337
Chalonne Faleke Vice President of Operations 32
Highest
$127,744 $29,301 $157,045
Danielle Mkali Senior Director of Community Trust Fund 32
Highest
$118,145 $22,408 $140,553
Theresa Gardella Vice President of Programs 32
Highest
$130,445 $7,422 $137,867
Patience Ferguson Board Member 0.5
Director
$0 $0 $0
Niila Hebert Board Member 0.5
Director
$0 $0 $0
Amy Morris Board Member 0.5
Director
$0 $0 $0
Nasser Mussa Board Member 0.5
Director
$0 $0 $0
Funlola Otukoya Board Member 0.5
Director
$0 $0 $0
Megan Teare Board Member 0.5
Director
$0 $0 $0
Theo Rose Board Member 0.5
Director
$0 $0 $0
Carl Crawford Board Co-Chair 0.5
Officer Director
$0 $0 $0
Brian Voerding Board Co-Chair 0.5
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 $5,509,575 $10,510,990 $46,567,295 $-5,001,415
2023 $54,170,214 $14,803,884 $51,545,050 $39,366,330
2022 $3,363,856 $6,498,107 $11,964,843 $-3,134,251
2021 $10,294,112 $3,319,127 $15,080,839 $6,974,985
2020 $5,531,880 $2,870,934 $12,750,678 $2,660,946
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