Conexus

EIN: 465257732 501(c)(3) Diseases & Disorders

Richmond, VA

Total Revenue
$3,059,240
Total Expenses
$2,684,155
Total Assets
$2,630,880
Net Assets
$2,540,400
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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
2014
Legal Domicile
VA
Principal Officer
Timothy L Gresham
Phone
8044232020
Tax Period
2023-07-01 to 2024-06-30

Conexus, founded in 2014, is a community nonprofit in the Diseases & Disorders sector that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 12% surplus.

Mission

Conexus achieves its mission of eliminating poor vision as a barrier to success by identifying children with poor vision through comprehensive vision screenings and connecting those to be found with poor vision to appropriate eye care.

Program Service Accomplishments

Program 1
Expenses: $2,424,439 Revenue: $1,134,558

Conexus achieves its mission of eliminating poor vision as a barrier to success by identifying children with poor vision through comprehensive vision screenings and connecting those to be found with...

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Conexus achieves its mission of eliminating poor vision as a barrier to success by identifying children with poor vision through comprehensive vision screenings and connecting those to be found with poor vision to appropriate eye care. Connecting students to eye care varies widely and may include: providing eye exams and glasses through Conexus Mobile Vision Clinic onsite in schools; providing vouchers for care; or informing parents/guardians and school officials of the results of screening suggesting follow up care. In addition, Conexus provides valuable information and data about children's vision to the public school officials, public education officials, the media, eye care professionals, and the general public.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,782,862
Program Service Revenue $1,134,558
Investment Income $11,929
Other Revenue $129,891
TOTAL REVENUE $3,059,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,228,102
Fundraising Expenses $104,599
Program Expenses $2,424,439
Other Expenses $1,456,053
TOTAL EXPENSES $2,684,155

Year-over-Year Comparison

2023 2022 Change
Revenue $3,059,240 $2,612,487 +0.2%
Expenses $2,684,155 $2,474,313 +0.1%
Net Income $375,085 $138,174 +1.7%
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
14
Independent Members
14
Employees
22
Volunteers
35

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
5
$209,542
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom E Shockley Chairman of the Board 5.00
Officer Director
$0 $0 $0
Clint J Diers Treasurer 1.00
Officer Director
$0 $0 $0
Bill G Fields Secretary 1.00
Officer Director
$0 $0 $0
Molly M Bransford Vice-Chair 1.00
Officer Director
$0 $0 $0
Dennis Mayo Director 1.00
Director
$0 $0 $0
Mike B Chaney Director 1.00
Director
$0 $0 $0
Matt Lawrence Director 1.00
Director
$0 $0 $0
Evan Silverstein Director 1.00
Director
$0 $0 $0
Terrence W Kerner Director 1.00
Director
$0 $0 $0
John P Locher Director 1.00
Director
$0 $0 $0
F Jay Swedenborg Director 1.00
Director
$0 $0 $0
Robert Mann Director 1.00
Director
$0 $0 $0
John F O'Reilly Jr Director 1.00
Director
$0 $0 $0
The Honorable Roxann Robinson Director 1.00
Director
$0 $0 $0
Timothy Gresham President and CEO 40.00
Officer
$184,026 $25,516 $209,542
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
2025 No data No data No data No data
2024 $3,059,240 $2,684,155 $2,630,880 $375,085
2023 $2,612,487 $2,474,313 $2,299,501 $138,174
2022 $3,416,760 $2,422,318 $2,113,559 $994,442
2021 $1,178,339 $887,665 $1,136,416 $290,674
2020 $2,001,307 $2,019,472 $958,882 $-18,165
2019 $820,370 $798,702 $798,843 $21,668
2018 $614,256 $474,894 $780,126 $139,362
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