CONNECTED DMV (EIN 850828769) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

GEORGE D THOMAS

Phone

7703310294

Tax Period

2024-01-01 to 2024-12-31

CONNECTED DMV, founded in 2020, is a small nonprofit in the Human Services sector that reported $486K in total revenue in fiscal year 2020. Expenses of $1.6M exceeded revenue, resulting in a 221% operating deficit.

Mission

DELIVER COLLABORATIVE REGIONAL INITIATIVES TO IMPROVE HOW THE DMV LIVES, LEARNS, WORKS & PROSPERS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $853,736

Program Service Revenue $480,000

Investment Income $0

Other Revenue $341,202

TOTAL REVENUE $1,674,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $273,751

Fundraising Expenses $29,927

Program Expenses $553,495

Other Expenses $500,455

TOTAL EXPENSES $774,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,674,938	$6,992,413	-0.8%
Expenses	$774,206	$5,786,846	-0.9%
Net Income	$900,732	$1,205,567	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STUART L SOLOMON	PRESIDENT/CEO- CHAIR	40.00	Officer Director	$0	$0	$0
VICTOR HOSKINS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GERALD J CARLSON	TREASURER	1.00	Officer Director	$0	$0	$0
RADHA MUTHIAH	SECRETARY (THRU 06/24)	1.00	Officer Director	$0	$0	$0
ROSIE ALLEN-HERRING	TRUSTEE	0.50	Director	$0	$0	$0
J TYLER ANTHONY	TRUSTEE	0.50	Director	$0	$0	$0
MARY BRADY	TRUSTEE (THRU 06/24)	1.00	Director	$0	$0	$0
RANDY CLARKE	TRUSTEE	0.50	Director	$0	$0	$0
CAROL THOMPSON COLE	TRUSTEE	0.50	Director	$0	$0	$0
JILL DEGRAFF	TRUSTEE	1.00	Director	$0	$0	$0
TONY LEWIS	TRUSTEE	0.50	Director	$0	$0	$0
KELLY SCHULZ	TRUSTEE	0.50	Director	$0	$0	$0
JENNIFER TAYLOR	TRUSTEE	0.50	Director	$0	$0	$0
HON ANTHONY A WILLIAMS	TRUSTEE	0.50	Director	$0	$0	$0
KARL DARIN	CHIEF OPERATING OFFICER	40.00	Officer	$0	$0	$0
JOHN YESAWICH	VICE PRESIDENT, FEDERAL GOVERNMENT	40.00	Highest	$165,000	$0	$165,000

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	$1,674,938	$774,206	$1,095,064	$900,732
2023	$6,992,413	$5,786,846	$790,877	$1,205,567
2022	$2,516,560	$3,599,312	$626,052	$-1,082,752
2021	$3,306,860	$3,333,723	$517,821	$-26,863
2020	$486,198	$1,561,308	$98,655	$-1,075,110

CONNECTED DMV