Conexxus FY2021 filing

Not tax-deductible

Alexandria, VA501(c)(6)Community DevelopmentEIN 80-0078994Revenue $1.3M in FY2021

On file with the IRSconexxus.org1600 Duke St 7th Floor, 22314-6102 · Alexandria, VATax-exempt since May 2004

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Membership dues collected are used for public service, in the development, maintenance and implementation of standards for convenience stores and the petroleum industries.

$430K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $101K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$430K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $365K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$432K
95% of total assets
Concern: liabilities are 95% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-49% vs prior year
Spent
$1.6M
Net assets
$24K
By yearFY2020–FY2024
Revenue
$1.3M
FY2021▼ -49%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$1.3M
FY2022$2.0M
FY2023$2.0M
FY2024$2.0M
Expenses
$1.6M
FY2021▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$1.6M
FY2022$2.0M
FY2023$2.0M
FY2024$2.2M
Net assets
$24K
FY2021▼ -94%
Tap a bar for its year
Net assets by fiscal year
FY2020$380K
FY2021$24K
FY2022$54K
FY2023−$9K
FY2024−$283K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990; $430K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director, New Initiatives
$160,000Pt VII · Sec A
Executive Director
$156,816Pt VII · Sec A
Managing Director
$113,009Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Gray Taylor’s $191K as Executive Director is at the 63rd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gray Taylor$191,208$177,498$172,497$156,816$166,154
David B Ezell$164,115————
Linda Toth—$122,136$113,009$113,009$162,401
David Ezell—$160,000$160,000$160,000$115,401
Linda J Toth$125,886————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and maintains industry standards for convenience stores and petroleum businesses.

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Provided by the organization

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1 program · in their own filed words · FY2021
01

Implement global technology standards for the benefit of retailers and their suppliers.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$365K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$21K
Money outPt IX
$1.6M
Ln 25
Owns and owesPt X
$24K
net assets · Ln 32
Cash and savingsLn 1–2$309K
Total assetsLn 16$456K
LiabilitiesLn 26$432K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Fees for servicesLn 2g$1.3M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$309K
Cash and savings togetherLn 1–2$309K
Land, buildings, equipmentLn 10c$118K
Other assetsLn 15$372
Total assetsLn 16$456K
LiabilitiesLn 26$432K
Net assetsLn 32$24K
OperationsPt I, VI
EmployeesI 57
VolunteersI 6700
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$260K$309K
Land, buildings, equipmentLn 10c$219K$118K
Total assetsLn 16$1.1M$456K
LiabilitiesLn 26$747K$432K
Net assetsLn 32$380K$24K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$173K
Other salaries and wagesLn 7$472K
Pension plan contributionsLn 8$37K
Other employee benefitsLn 9$114K
Payroll taxesLn 10$45K
Management feesLn 11a$46K
Legal feesLn 11b$112K
Other fees for servicesLn 11g$353K
Office expensesLn 13$40K
Information technologyLn 14$24K
OccupancyLn 16$5K
TravelLn 17$45K
Conferences, conventions and meetingsLn 19$31K
Depreciation, depletion and amortizationLn 22$101K
InsuranceLn 23$5K
Other expenses (24a–d)Ln 24$37K
Total functional expensesLn 25$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$2.2M−$275K−$283K 990 PDF
FY2023 $2.0M$2.0M−$63K−$9K 990 PDF
FY2022 $2.0M$2.0M$30K$54K 990 PDF
FY2021 Viewing $1.3M$1.6M−$356K$24K 990 PDF
FY2020 $2.5M$2.3M$156K$380K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,284,581 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$20,730
I-9 Program service revenuePrior year $2,499,761$1,263,851
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,499,761$1,284,581
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $851,922$840,787
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,491,839$799,299
I-18 Total expensesPrior year $2,343,761$1,640,086
I-19 Revenue less expensesPrior year $156,000−$355,505
Part VI · Governance 5 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,284,581 across 4 lines filed
VIII-1d Related organizations$20,730
VIII-1h Total contributions, gifts and grants$20,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,263,851$1,263,851
VIII-12 Total revenueRelated to mission $1,263,851 · Unrelated business $0 · Excluded from tax $0$1,284,581
Part IX · Statement of functional expenses $1,640,086 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$173,020
IX-7 Other salaries and wages$471,887
IX-8 Pension plan contributions$37,242
IX-9 Other employee benefits$113,763
IX-10 Payroll taxes$44,875
IX-11a Management fees$46,490
IX-11b Legal fees$111,938
IX-11g Other fees for services$352,688
IX-13 Office expenses$39,731
IX-14 Information technology$24,337
IX-16 Occupancy$4,651
IX-17 Travel$45,273
IX-19 Conferences, conventions and meetings$31,271
IX-22 Depreciation, depletion and amortization$100,518
IX-23 Insurance$5,368
IX-24 Other expenses (24a–d)$37,034
IX-25 Total functional expenses$1,640,086
Part X · Balance sheet $456,163 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $259,778$308,893
X-4 Accounts receivableStart of year $5,000$0
X-9 Prepaid expenses and deferred chargesStart of year $43,089$28,873
X-10c Land, buildings and equipment, netStart of year $218,543$118,025
X-15 Other assetsStart of year $600,289$372
X-16 Total assetsStart of year $1,126,699$456,163
X-17 Accounts payable and accrued expensesStart of year $352,371$259,596
X-19 Deferred revenueStart of year $394,459$172,203
X-26 Total liabilitiesStart of year $746,830$431,799
X-27 Net assets without donor restrictionsStart of year $379,869$24,364
X-32 Total net assets or fund balancesStart of year $379,869$24,364
X-33 Total liabilities and net assetsStart of year $1,126,699$456,163
Part XI · Reconciliation of net assets $24,364 net assets at year end
XI-1 Total revenue$1,284,581
XI-2 Total expenses$1,640,086
XI-3 Revenue less expenses−$355,505
XI-4 Net assets at start of year$379,869
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$24,364

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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