CONNECT MINISTRIES

EIN: 474194805 501(c)(3) International Affairs

EDMONDS, WA

Total Revenue
$210,700
Total Expenses
$159,292
Total Assets
$604,907
Net Assets
$504,239
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
WA
Principal Officer
CHRIS MCGINNESS
Tax Period
2023-01-01 to 2023-12-31

CONNECT MINISTRIES, founded in 2015, is a small nonprofit in the International Affairs sector that reported $211K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $51K, a strong 24% operating margin.

Mission

WE PARTNER WITH LOCAL NICARAGUAN PASTORS AND MINISTRY LEADERS IN SERVING THE COUNTRY THROUGH FEEDING PROGRAMS, EDUCATIONAL MATERIALS, MENTORING AND BIBLE STUDY. BASED IN MANAGUA, NICARAGUA, CONNECT IS A NON PROFIT CHRISTIAN MINISTRY WITH THE GOAL OF CONNECTING TWO CULTURES AND ULTIMATELY SEEKING CHRIST IN DEEPER MORE MEANINGFUL RELATIONSHIPS. CONNECT PURSUES THIS CALLING THROUGH MULTIPLE MINISTRIES INCLUDING SHORT TERM MISSION TRIPS, LONG TERM DISCIPLESHIPS, AND THE BECA SCHOLARSHIP PROGRAM, ALL OF WHICH CONNECTS SULTURES AROUND THE WORLD TO BUILD GOD'S KINGDOM.

Program Service Accomplishments

Program 1
Expenses: $65,962 Revenue: $1,600

THE SHORT TERM MISSIONS PROGRAM ALLOWS YOU TO STEP INTO THE NICARAGUAN CULTURE FOR 7-10 DAYS TO CONNECT WITH PEOPLE, EXPERIENCE THE REALITY OF LIFE HERE, AND WITNESS ALL THAT GOD IS DOING IN THIS...

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THE SHORT TERM MISSIONS PROGRAM ALLOWS YOU TO STEP INTO THE NICARAGUAN CULTURE FOR 7-10 DAYS TO CONNECT WITH PEOPLE, EXPERIENCE THE REALITY OF LIFE HERE, AND WITNESS ALL THAT GOD IS DOING IN THIS BEAUTIFUL COUNTY. OUR GOAL IN THIS PROGRAM IS TO HELP PEOPLE CONNECT WITH CHRIST AND SEE HOW GOD IS WORKING OUTSIDE OF THEIR OWN CULTURE. SHORT TERM TRIPS ARE A COMBINATION OF EXPERIENCING LIFE IN NICARAGUA AND WORKING ON PROJECTS IN OUR AREA OF INFLUENCE. ALL SHORT TERM TRIPS ARE COMPLETELY TAILORED TO YOUR TEAM, WHICH MEANS THE PROJECTS ARE BASED ON YOUR TEAM'S TALENTS AND SKILL SET. WHETHER YOUR TEAM IS FULL OF STUDENTS OR WORKING PROFESSIONALS, GOD CAN USE YOU ON A SHORT TERM TRIP.

Program 2
Expenses: $63,993 Revenue: $55,836

THE BECA KIDS PROGRAM IS A SCHOLARSHIP BASED ON A PROGRAM PROVIDING CHILDREN AND YOUTH WITH FINANCIAL, EMOTIONAL, AND SPIRITUAL SUPPORT. THE FIRST PRIORITY WITH THIS PROGRAM IS TO BE A DEPENDABLE...

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THE BECA KIDS PROGRAM IS A SCHOLARSHIP BASED ON A PROGRAM PROVIDING CHILDREN AND YOUTH WITH FINANCIAL, EMOTIONAL, AND SPIRITUAL SUPPORT. THE FIRST PRIORITY WITH THIS PROGRAM IS TO BE A DEPENDABLE ADVOCATE FOR THE KIDS INVOLVED. THIS INCLUDES HAVING MONTHLY SUPPORT MEETINGS WITH EACH INDIVIDUAL, TOGETHER AS A GROUP, AND SERVING TOGETHER QUARTERLY.

Program 3
Expenses: $5,555

AS A CONNECT DISCIPLE, YOU WILL EXPERIENCE ONE-ON-ONE MENTORSHIP, BUILD RELATIONSHIPS WITH NICARAGUANS AND NORTH AMERICANS, AND DIG DEEP INTO GOD'S WORD. YOU WILL BE ABLE TO DISCUSS, SEARCH...

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AS A CONNECT DISCIPLE, YOU WILL EXPERIENCE ONE-ON-ONE MENTORSHIP, BUILD RELATIONSHIPS WITH NICARAGUANS AND NORTH AMERICANS, AND DIG DEEP INTO GOD'S WORD. YOU WILL BE ABLE TO DISCUSS, SEARCH, CHALLENGE, AND ASK QUESTIONS ABOUT YOUR FAITH IN A SAFE ENVIRONMENT. YOU WILL GO OUT IN THE COMMUNITY AND INVEST TIME INTO PEOPLE. BASED ON YOUR STRENGTHS AND ABILITIES, YOU WILL ALSO HELP WITH DIFFERENT PARTS OF THE MINISTRY. THE DISCIPLESHIP PROGRAM WITH CONNECT NICARAGUA IS ALL ABOUT LOVE.

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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 $146,424
Program Service Revenue $57,436
Investment Income $0
Other Revenue $6,840
TOTAL REVENUE $210,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,337
Fundraising Expenses $348
Program Expenses $135,510
Other Expenses $109,955
TOTAL EXPENSES $159,292

Year-over-Year Comparison

2023 2022 Change
Revenue $210,700 $191,046 +0.1%
Expenses $159,292 $186,106 -0.1%
Net Income $51,408 $4,940 +9.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
1
Volunteers
N/A

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
4
$45,861
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATIE MCGREW EXECUTIVE DI 40.00
Officer
$45,861 $0 $45,861
BRAD CUMMINGS DIRECTOR 0.25
Director
$0 $0 $0
LAURIE CUMMINGS DIRECTOR 0.25
Director
$0 $0 $0
CHRIS MCGINNESS TREASURER 0.25
Officer Director
$0 $0 $0
KAREN MICHEL DIRECTOR 0.25
Director
$0 $0 $0
ROB MICHEL DIRECTOR 0.25
Director
$0 $0 $0
ERIK NELSON DIRECTOR 0.25
Director
$0 $0 $0
JAY YOUNG PRESIDENT 0.25
Officer Director
$0 $0 $0
LESLIE YOUNG SECRETARY 0.25
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 No data No data No data No data
2023 $210,700 $159,292 $604,907 $51,408
2022 $191,046 $186,106 $624,327 $4,940
2021 $226,713 $175,795 $612,263 $50,918
2020 $230,783 $177,078 $582,266 $53,705
2019 $325,310 $229,798 $529,482 $95,512
2018 $363,938 $233,933 $564,326 $130,005
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