Comunidad Connect EIN 26-0632631 Form 990 (PDF) Claim this org

Comunidad Connect FY2021 filing

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Connects Nicaraguan development with local and global resources. For fiscal year 2021 it reported $231K in revenue, $281K in expenses, and $42K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Decatur, GA
Filings
6 on file (2019–2021)
Revenue
$231KFY2021
Expenses
$281K
Net assets
$42K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-0632631 Public charity (501(c)(3)) Decatur, GA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects Nicaraguan development with local and global resources.
Leadership
Jon Thompson · CEO
Money in and out
$231K revenue, $281K expenses
Bottom line
89% program efficiency
Where the money goes · FY2021
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$281K
Pt IX · Ln 25
Net assets
$42K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$50K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs
Operating runway
7.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$231K
FY2021▲ +12%
Expenses
$281K
FY2021▲ +9%
Total assets
$169K
FY2021▼ -49%
Total liabilities
$128K
FY2021▼ -13%
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$281K
Pt IX · Ln 25
Net assets
$42K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$50K
Total assetsPt X · Ln 16$169K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CComunidad Connect
EINHdr · item D26-0632631
Principal addressHdr · item CDecatur, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q320)
Ruling yearIRS BMFJun 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Comunidad Connect executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $252K of program spending, described in the organization's own filed words · FY2020.
01

Our mission is to connect social, economic, and environmental development opportunities in Nicaragua with local and global resources.

$252Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$218K · 94%
Program service revenue$13K · 6%
Contributions & grants94%$218K
Program service revenue6%$13K
Total revenueLn 12$231K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$252K
Management & general11%$30K
Total functional expensesLn 25$281K

Balance Sheet

Part X · end of year
CashLn 1$169K
Total assetsLn 16$169K
Total liabilitiesLn 26$128K
Total net assetsLn 32$42K
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $169K · Operating expenses/yr $281K
7.2 months
Where the money goes
Program services
Program services $252K · Total expenses $281K
89%
Management & General
Management & general $30K · Total expenses $281K
11%
Fundraising
Fundraising $0 · Total expenses $281K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $182K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $218K · Total revenue $231K
94%
Government reliance
Government grants — · Total revenue $231K
Earned-income share
Program service revenue $13K · Total revenue $231K
6%
Investment reliance
Investment income $0 · Total revenue $231K
0%
Program self-sufficiency
Program service revenue $13K · Total expenses $281K
5%
Growth & trend
Revenue growth (YoY)
This year $231K · Prior year $206K
+12%
Net-asset trend (YoY)
End of year $42K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $231K · Expenses $281K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $169K
Net-asset ratio
Net assets $42K · Total assets $169K
25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $169K
0%
People & payroll
Highest Reported Total Compensation
Individual Jon Thompson · Reported title CEO · Highest reported compensation $0 · Total expenses $281K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $91K · Total expenses $281K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth 12%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.7%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$32K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$629K revenue · ⤓ 990 PDF
FY2024not on file
FY2023$354K revenue · ⤓ 990 PDF
FY2022$250K revenue · ⤓ 990 PDF
FY2021$231K revenue · viewing · ⤓ 990 PDF
FY2020$206K revenue · ⤓ 990 PDF
FY2019$122K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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