CONNECTFAITH INC

EIN: 931874853 501(c)(3) Arts, Culture & Humanities

Pleasantville, NY

Total Revenue
$330,383
Total Expenses
$314,221
Total Assets
$197,428
Net Assets
$33,478
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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
2023
Legal Domicile
NY
Principal Officer
Debra Bronkema
Phone
9143093233
Tax Period
2024-01-01 to 2024-12-31

CONNECTFAITH INC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $330K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $314K left a modest 5% surplus.

Mission

CONNECTFAITH INC. was formed for charitable, scientific, lieterary, religious or educational purposes.

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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 (2024)

Revenue Breakdown

Contributions & Grants $274,528
Program Service Revenue $52,441
Investment Income $3,414
Other Revenue $0
TOTAL REVENUE $330,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,839
Fundraising Expenses $0
Program Expenses $246,755
Other Expenses $90,382
TOTAL EXPENSES $314,221

Year-over-Year Comparison

2024 2023 Change
Revenue $330,383 $185,143 +0.8%
Expenses $314,221 $167,827 +0.9%
Net Income $16,162 $17,316 -0.1%
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
6
Independent Members
6
Employees
6
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
1
$48,000
Total Directors
6
$48,000
Key Employees
1
$48,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra Bronkema Executive Director 020.00
Officer Director Key Emp Highest
$48,000 $0 $48,000
Steve Berg President 002.00
Director
$0 $0 $0
Mark Orendorf Vice President 002.00
Director
$0 $0 $0
Jane Wong Secretary 002.00
Director
$0 $0 $0
David Fourie Treasurer 002.00
Director
$0 $0 $0
Jane Bullard Director 002.00
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
2024 $330,383 $314,221 $197,428 $16,162
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