CONNECTED FOUNDATION

EIN: 812278434 501(c)(3) Human Services

Weems, VA

Total Revenue
$32,200
Total Expenses
$358,387
Total Assets
$2,469,926
Net Assets
$2,469,926
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
Jesse Crotty
Phone
8047241917
Tax Period
2023-01-01 to 2023-12-31

CONNECTED FOUNDATION, founded in 2016, is a micro nonprofit in the Human Services sector that reported $32K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 1013% operating deficit.

Mission

The mission of the Connected Foundation is to provide programming and services to the most in need. We focus on psychological services for the most in need kids and families. We provide technical and financial literacy programming and training. We provide mindfulness and resilience training, programming and retreats, for mental health practitioners and the most in need. We act as a fiscal sponsor to programs or organizations who can help us deliver on our mission.

Program Service Accomplishments

Program 1
Expenses: $45,600 Revenue: $0

The Connected Foundation provided mental health services to hundreds of the most in need kids and families in Washington DC through Connected Psychology, our psychological services program. Connected...

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The Connected Foundation provided mental health services to hundreds of the most in need kids and families in Washington DC through Connected Psychology, our psychological services program. Connected Psychological Services Inc., a wholly owned, fiscally sponsored, related organization who provides the most in need kids and families with free developmentally based psychological services.

Program 2
Expenses: $88,577 Revenue: $20,100

The Connected Foundation expanded its technical and financial literacy research and development programming with a fiscal sponsorship of the NeoMiami Community project. This project is innovating in...

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The Connected Foundation expanded its technical and financial literacy research and development programming with a fiscal sponsorship of the NeoMiami Community project. This project is innovating in the areas of economic empowerment, social entrepreneurship and community governance using internet blockchain technology. We hired a program manager to lead the NeoMiami Community initiative. This program is focused on financial and technical education for the most in need. We also gave multiple grants to blockchain technical education organizations.

Program 3
Expenses: $123,660 Revenue: $0

The Connected Foundation held multiple retreats in 2023, both in the US and in Ecuador as 2023 became our most active year in this area since we set out on this mission. Our retreats ranged from a 7...

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The Connected Foundation held multiple retreats in 2023, both in the US and in Ecuador as 2023 became our most active year in this area since we set out on this mission. Our retreats ranged from a 7 day silent mindfulness retreat for women at the Virginia properties to a 5 day meditation retreat in partnership with Beyond Coaching, in Vilcabamba Ecuador. We also granted/donated $175,000 to the Earth Games personal development retreat center project who hosts mindfulness and personal development retreats in Ecuador.

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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 $0
Program Service Revenue $20,100
Investment Income $0
Other Revenue $12,100
TOTAL REVENUE $32,200

Expense Breakdown

Grants Paid $257,837
Salaries & Benefits $93,620
Fundraising Expenses $0
Program Expenses $257,837
Other Expenses $6,930
TOTAL EXPENSES $358,387

Year-over-Year Comparison

2023 2022 Change
Revenue $32,200 $423,000 -0.9%
Expenses $358,387 $248,586 +0.4%
Net Income $-326,187 $174,414 -2.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
6

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
1
$88,800
Total Directors
1
$88,800
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jesse Crotty Executive Director 40
Officer Director Highest
$63,000 $25,800 $88,800
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 $32,200 $358,387 $2,469,926 $-326,187
2022 $423,000 $248,586 $2,456,895 $174,414
2021 $2,374,668 $147,095 $2,292,012 $2,227,573
2019 $149,018 $162,556 $34,377 $-13,538
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