CoNECTINC

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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

2012

Legal Domicile

Principal Officer

MARK A KING

Phone

7169841012

Tax Period

2023-01-01 to 2023-12-31

CoNECTINC, founded in 2012, is a small nonprofit in the Health Care sector that reported $289K in total revenue in fiscal year 2023. Revenue surged 252% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 23% operating margin.

Mission

TO BUILD RELATIONSHIPS, TURST AND POWER FOR HEALTHIER INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES

Program Service Accomplishments

Program 1

Expenses: $75,451 Revenue: $112,146

PROVIDE TRAINING AND EDUCATION TO OVER 1,000 CHWS AND COMMUNITY MEMBERS AND HEALTH, EDUCATION,AND HUMAN SERVICE PROFESSIONALS

Program 2

Expenses: $34,727 Revenue: $56,074

PROVIDE TECHNICAL ASSISTANCE,RESEARCH AND EVALUATION IN REGARDS TO VARIOUS HEALTH AND EQUITY ISSUES

Program 3

Expenses: $78,451 Revenue: $0

CONDUCTED COMMUNITY BUIDLING ACTIVITES RELATED TO HEALTH, WELLNESS AND EQUITY ON A FAMILY COMMUNITY, ORGANIZATION AND INSTITUTIONAL LEVVEL

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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 $55,116

Program Service Revenue $233,927

Investment Income $0

Other Revenue $0

TOTAL REVENUE $289,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,616

Fundraising Expenses $11,096

Program Expenses $188,629

Other Expenses $123,300

TOTAL EXPENSES $221,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,043	$82,135	+2.5%
Expenses	$221,916	$203,425	+0.1%
Net Income	$67,127	$-121,290	-1.6%

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

150

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

$82,019

Total Directors

$2,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA BAUER WALKER	EXEC DIRECTOR	40.00	Officer	$74,500	$7,519	$82,019
BRENDA MCDUFFIE	BOARD CO CHAIR	2.00	Director	$2,550	$0	$2,550
MARK KING	BOARD CO CHAIR	2.00	Director	$0	$0	$0
BREONNA NORWOOD	SECRETARY	2.00	Director	$0	$0	$0
MICHAEL CHASE	BOARD MEMBER	2.00	Director	$0	$0	$0
DIANE TIVERSON	LEGAL COUNSEL	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$289,043	$221,916	$145,077	$67,127
2022	$82,135	$203,425	$85,241	$-121,290
2021	$409,528	$354,207	$253,577	$55,321
2020	$310,750	$291,159	$314,520	$19,591