Provides psychological services, financial and tech training, and mindfulness programs for those in need.
For fiscal year 2024 it reported $183K in revenue, $379K in expenses, and $1.9M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$183K
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$196K
Where spending went · Part IX cols B–D
55%
45%
Program services $0.55 Management & general $0.45
Program efficiency
55%
of spending reaches programs▼ -24% vs prior filing year
Operating runway
32.2mo
months of highly liquid reserves at operating expense rate▲ +544% vs prior filing year
Surplus margin
-107%
revenue over expenses, this year▲ +89% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$183K
FY2024▲ +468%
$2.4M$1.2M$0
FY2020FY2024
Expenses
$379K
FY2024▲ +6%
$379K$189K$0
FY2020FY2024
Total assets
$3.5M
FY2024▲ +42%
$3.5M$1.8M$0
FY2020FY2024
Total liabilities
$1.6M
FY2024
$1.6M$799K$0
FY2020FY2024
Total revenue
$183K
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$196K
Total assetsPt X · Ln 16$3.5M
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III
Where the work happens
3 program services account for $208K of program spending, described in the organization's own filed words · FY2024.
01
The Connected Foundation is committed to advancing the skills, well-being, and professional capacity of psychologists and mental-health practitioners through specialized mindfulness and resilience training.
$104Kprogram expense
02
The Connected Foundation is proud to expand its psychological services for those most in need into New York, Colorado, and North Carolina. This growth allows us to bring accessible, culturally informed, and high-impact mental-health support to more individuals and families facing barriers to care.
$76Kprogram expense
03
The Connected Foundation empowers individuals and communities by delivering innovative technical and financial literacy programs centered on the Handshake Protocol. Our mission is to demystify emerging technologies, expand access to decentralized digital infrastructure, and equip learners with the skills needed to navigate and build…
Jesse Crotty’s $63K as Executive Director
is at the 53rd percentile of top reported officer pay among 2165 $100K–1M human services 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 · 2 named individuals · Part VII
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.
Individual Jesse Crotty · Reported title Executive Director · Highest reported compensation $63K · Total expenses $379K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $112K · Total expenses $379K
30%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
55%
—
—
Overhead ratio
45%
—
—
Revenue growth
468%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
3%
—
—
Accounting fee ratio
2%
—
—
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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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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