ConnectAble Inc (EIN 873852500) - 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

2022

Legal Domicile

Principal Officer

Amy Richmund

Phone

3179464736

Tax Period

2025-01-01 to 2025-12-31

ConnectAble Inc, founded in 2022, is a small nonprofit in the Education sector that reported $449K in total revenue in fiscal year 2022. Expenses of $535K exceeded revenue, resulting in a 19% operating deficit.

Mission

Our mission is to make education accessible to adults of all backgrounds and abilities helping them to enjoy better lives and leading to a healthier local economy for communities by providing technology and professional development tools to support adult education programs.

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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 (2025)

Revenue Breakdown

Contributions & Grants $754,065

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $754,065

Expense Breakdown

Grants Paid $126,500

Salaries & Benefits $377,759

Fundraising Expenses $0

Program Expenses $348,103

Other Expenses $244,806

TOTAL EXPENSES $754,065

Year-over-Year Comparison

	2025	2024	Change
Revenue	$754,065	$543,727	+0.4%
Expenses	$754,065	$543,727	+0.4%
Net Income	$0	$0	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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$190,320

Total Directors

$190,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amy Richmund	Director	40.00	Officer Director	$75,720	$0	$75,720
Neil Richmund	Director	40.00	Officer Director	$66,600	$0	$66,600
Treg Hopkins	Director	40.00	Officer Director	$48,000	$0	$48,000

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
2025	$754,065	$754,065	$107,011	No data
2024	$543,727	$543,727	No data	No data
2023	$449,375	$489,750	$489,750	$-40,375
2022	$449,375	$534,625	$489,750	$-85,250

ConnectAble Inc