Connected to Connect INC EIN 33-1084340 Form 990 (PDF) Claim this org

Connected to Connect INC

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Empowers families through conferences and provides affordable childcare for low-income residents. For fiscal year 2024 it reported $569K in revenue, $489K in expenses, and $197K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Dumfries, VA
Filings
5 on file (2020–2024)
Revenue
$569KFY2024
Expenses
$489K
Net assets
$197K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  33-1084340 Public charity (501(c)(3)) Dumfries, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers families through conferences and provides affordable childcare for low-income residents.
Leadership
William Williams · Executive Dir.
Money in and out
$569K revenue, $489K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$569K
Pt VIII · Ln 12
Total expenses
$489K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $80K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs>-0.01% vs prior filing year
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +126% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$569K
FY2024▲ +11%
Expenses
$489K
FY2024▲ +2%
Total assets
$197K
FY2024▲ +68%
Total liabilities
$0
FY2024
Total revenue
$569K
Pt VIII · Ln 12
Total expenses
$489K
Pt IX · Ln 25
Net assets
$197K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$80K
Total assetsPt X · Ln 16$197K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConnected to Connect INC
EINHdr · item D33-1084340
Principal addressHdr · item CDumfries, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFAug 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $391K of program spending, described in the organization's own filed words · FY2024.
01

The Corporation continues to enroll many children that are from low-income families.

$391Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$483K · 85%
Contributions & grants$85K · 15%
Program service revenue85%$483K
Contributions & grants15%$85K
Total revenueLn 12$569K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$391K
Management & general20%$98K
Total functional expensesLn 25$489K

Balance Sheet

Part X · end of year
CashLn 1$157K
Total assetsLn 16$197K
Total liabilitiesLn 26$0
Total net assetsLn 32$197K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $157K · Operating expenses/yr $489K
3.8 months
Where the money goes
Program services
Program services $391K · Total expenses $489K
80%
Management & General
Management & general $98K · Total expenses $489K
20%
Fundraising
Fundraising $0 · Total expenses $489K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $544 · Solicited contributions (3-yr avg) $89K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $85K · Total revenue $569K
15%
Government reliance
Government grants — · Total revenue $569K
Earned-income share
Program service revenue $483K · Total revenue $569K
85%
Investment reliance
Investment income $0 · Total revenue $569K
0%
Program self-sufficiency
Program service revenue $483K · Total expenses $489K
99%
Growth & trend
Revenue growth (YoY)
This year $569K · Prior year $511K
+11%
Revenue CAGR
FY2020 $213K · FY2024 $569K
+28%
Net-asset trend (YoY)
End of year $197K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $569K · Expenses $489K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $197K
Net-asset ratio
Net assets $197K · Total assets $197K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $197K
0%
People & payroll
Highest Reported Total Compensation
Individual William Williams · Reported title Executive Dir. · Highest reported compensation $0 · Total expenses $489K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $356K · Total expenses $489K
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth 11%
Investment management fee ratio 0%
Legal fee ratio <0.01%
Accounting fee ratio 0.06%
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.

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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
FY2024 (Latest)$569K revenue · viewing · ⤓ 990 PDF
FY2023$511K revenue · ⤓ 990 PDF
FY2022$431K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$213K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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