The Konnection

EIN: 842853022 501(c)(3) Youth Development

Detroit, MI

Total Revenue
$306,827
Total Expenses
$133,135
Total Assets
$250,895
Net Assets
$206,058
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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
2019
Legal Domicile
MI
Tax Period
2023-01-01 to 2023-12-31

The Konnection, founded in 2019, is a small nonprofit in the Youth Development sector that reported $307K in total revenue in fiscal year 2023. The organization ran a surplus of $174K, a strong 57% operating margin.

Mission

A small-setting, afterschool program providing mentoring, academic enrichment, and career exploration for middle school youth allowing youth to take on an untraditional summer camp experience out-of-state allowing them to learn and explore beyond their zip code.

Program Service Accomplishments

Program 1
Expenses: $100,256 Revenue: $306,827

Sharnese Marshall, founder of The Konnection, received the prestigious 2023 Dave Bing Young Leader Award from the Shining Light Awards, recognizing her regional leadership. Since its inception in...

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Sharnese Marshall, founder of The Konnection, received the prestigious 2023 Dave Bing Young Leader Award from the Shining Light Awards, recognizing her regional leadership. Since its inception in 2020, The Konnection has made significant strides in Detroit, fostering positive attendance and academic habits among middle school students through its after-school programs at Durfee. Annually, The Konnection hosts the Back-to-School Klap-In, a lively event celebrating Detroit Public School teachers, youth, and families with music, giveaways, and local mascots like the Pistons Hooper. Their impactful work is further supported by community engagement events like the upcoming Breakfast Fundraiser, where leaders can network and learn about The Konnections ongoing contributions to Detroits youth.

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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 $306,827
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $306,827

Expense Breakdown

Grants Paid $36,380
Salaries & Benefits $47,227
Fundraising Expenses $0
Program Expenses $100,256
Other Expenses $49,528
TOTAL EXPENSES $133,135

Year-over-Year Comparison

2023 2022 Change
Revenue $306,827 N/A N/A
Expenses $133,135 N/A N/A
Net Income $173,692 N/A N/A
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
8
Independent Members
8
Employees
1
Volunteers
8

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tiffany Thomas Creative Director 1.00
Director
$0 $0 $0
DeAnte Thompkins Konnector 1.00
Director
$0 $0 $0
Gavin Marshall Innovative thinker 1.00
Director
$0 $0 $0
Brandi Haggins Problem Solver 1.00
Director
$0 $0 $0
Lenae Jefferson Program Manager 40.00
Director
$0 $0 $0
Suzanne Marshall Finance Director 1.00
Director
$0 $0 $0
Sarah Marshall Strategist 1.00
Director
$0 $0 $0
Sharnese Marshall Executive Director 40.00
Officer
$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 $306,827 $133,135 $250,895 $173,692
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