CONNEXUS ASSOCIATION INC (EIN 611473074) - 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

2005

Legal Domicile

Principal Officer

RYAN KENNEDY

Phone

7158474742

Tax Period

2023-01-01 to 2023-12-31

CONNEXUS ASSOCIATION INC, founded in 2005, is a small nonprofit in the Education sector that reported $587K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $210K, a strong 36% operating margin.

Mission

THE PURPOSE OF CONNEXUS ASSOCIATION IS TO PROVIDE SCHOLARSHIPS FOR EDUCATION, TO ASSIST EDUCATIONAL INSTITUTIONS AND TO PROVIDE FINANCIAL LITERACY EDUCATION TO HELP BORROWERS AND SAVERS REACH THEIR FINANCIAL GOALS. IN A LIMITED FASHION, THE ASSOCIATION MAY ALSO ENGAGE IN ANY CHARITABLE ACTIVITY RECOGNIZED IN I.R.C. 501(C)(3).

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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 $557,664

Program Service Revenue $0

Investment Income $29,638

Other Revenue $0

TOTAL REVENUE $587,302

Expense Breakdown

Grants Paid $181,930

Salaries & Benefits $18,922

Fundraising Expenses $0

Program Expenses $335,924

Other Expenses $176,007

TOTAL EXPENSES $376,859

Year-over-Year Comparison

	2023	2022	Change
Revenue	$587,302	$447,811	+0.3%
Expenses	$376,859	$348,759	+0.1%
Net Income	$210,443	$99,052	+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

Governance

Voting Members

Independent Members

Employees

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

$17,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER GRUNDEMANN	EXECUTIVE DI	10.00	Officer	$17,583	$0	$17,583
KATHE BREITENFELDT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
PATTI FLAKER	SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN KENNEDY	TREASURER	2.00	Officer Director	$0	$0	$0
JULIA SALZMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANN STROMGREN	DIRECTOR	1.00	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	$587,302	$376,859	$1,208,019	$210,443
2022	$447,811	$348,759	$958,532	$99,052
2021	$345,758	$372,504	$886,554	$-26,746
2020	$403,640	$437,832	$936,156	$-34,192
2019	$462,809	$580,685	$1,018,739	$-117,876
2018	$521,441	$497,824	$1,036,692	$23,617

CONNEXUS ASSOCIATION INC