Connectup Inc (EIN 814587946) - 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

2016

Legal Domicile

Principal Officer

J Mitch Luse

Phone

3015293945

Tax Period

2024-01-01 to 2024-12-31

Connectup Inc, founded in 2016, is a small nonprofit in the Religion sector that reported $344K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

CONNECTUP INC IS A RELIGIOUS NON-PROFIT THAT INTENDS TO BRING FAITH INTO PEOPLES LIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $255,543

Program Service Revenue $76,763

Investment Income $5

Other Revenue $11,920

TOTAL REVENUE $344,231

Expense Breakdown

Grants Paid $6,462

Salaries & Benefits $187,993

Fundraising Expenses $9,398

Program Expenses $251,156

Other Expenses $143,303

TOTAL EXPENSES $337,758

Year-over-Year Comparison

	2024	2023	Change
Revenue	$344,231	$243,538	+0.4%
Expenses	$337,758	$282,493	+0.2%
Net Income	$6,473	$-38,955	-1.2%

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

$89,539

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN LUSE	EXECUTIVE DI	40.00	Officer	$48,086	$0	$48,086
J MITCH LUSE	PRESIDENT T	40.00	Officer	$41,453	$0	$41,453
HEATHER BARLOW	BOARD MEMBER	1.00	Director	$0	$0	$0
BRAD BONHAM	BOARD MEMBER	1.00	Officer	$0	$0	$0
JENNY KIM	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN PITTS	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER ULSH	SECRETARY	1.00	Officer	$0	$0	$0
Boris Arratia	Board Member	1.00	Director	$0	$0	$0
Mike Hutchings	Board Member	1.00	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
2025	No data	No data	No data	No data
2024	$344,231	$337,758	$111,237	$6,473
2023	$243,538	$282,493	$86,992	$-38,955
2022	$235,656	$219,419	$138,729	$16,237

Connectup Inc