Conexion Inc
Conexion Inc. shows consistent revenue and asset growth, with no reported officer compensation.
EIN: 208056726 · Boston, MA · NTEE: J22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $643K |
| Program Spending | 80% |
| Net Assets | $480K |
| Transparency Score | 85/100 |
Is Conexion Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Conexion Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Conexion Inc
Conexion Inc (EIN: 208056726) is a nonprofit organization based in Boston, MA, classified under NTEE code J22. The organization reported total revenue of $404K and total assets of $489K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Conexion Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Conexion Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $611K |
| Total Expenses | $643K |
| Surplus / Deficit | $-31,085 |
| Total Assets | $606K |
| Total Liabilities | $126K |
| Net Assets | $480K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Conexion Inc reported a deficit of $31K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | +28.1% | +20.7% |
| 2022 | -2.4% | -1.1% | +45.0% |
| 2021 | +71.4% | +29.8% | -12.8% |
| 2020 | +17.3% | +3.9% | +28.6% |
| 2019 | +36.4% | -1.3% | +48.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Conexion Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Conexion Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.8%.
Executive Compensation Analysis
Conexion Inc. consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated at very low levels, which is highly favorable for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Conexion Inc's IRS 990 filings:
- Deficit spending in 2023 (Expenses $642,563 vs. Revenue $611,478)
Strengths
The following positive indicators were identified for Conexion Inc:
- Consistent growth in assets, reaching $605,585 in 2023 from $45,258 in 2017
- No reported officer compensation across all filings, indicating high efficiency
- Strong revenue generation, peaking over $700,000 in 2021 and 2022
- Consistent IRS 990 filing history demonstrating transparency
- Manageable liabilities relative to growing asset base
Frequently Asked Questions about Conexion Inc
Is Conexion Inc a legitimate charity?
Conexion Inc (EIN: 208056726) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $404K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Conexion Inc spend its money?
Conexion Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Conexion Inc tax-deductible?
Conexion Inc is registered as a tax-exempt nonprofit (EIN: 208056726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Conexion Inc's spending goes to programs?
Conexion Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Conexion Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Conexion Inc is above average for NTEE category J22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Conexion Inc located?
Conexion Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 208056726. It is classified under NTEE code J22.
How many years of IRS 990 filings does Conexion Inc have?
Conexion Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $404K in total revenue.
Is Conexion Inc. financially stable?
Yes, Conexion Inc. appears financially stable. While there was a deficit in 2023 (expenses of $642,563 against revenue of $611,478), the organization has significantly grown its assets from $45,258 in 2017 to $605,585 in 2023, demonstrating a strong build-up of resources.
How has Conexion Inc.'s revenue trended over time?
Conexion Inc.'s revenue has shown significant growth, particularly from 2017 ($257,152) to a peak in 2021 ($743,491) and 2022 ($725,762), before a slight decrease to $611,478 in 2023. This indicates a strong capacity for fundraising and program support.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient model where leadership is either unpaid or compensated minimally, directly benefiting program delivery.
Are the organization's liabilities a concern?
No, the organization's liabilities, which were $125,912 in 2023, appear manageable relative to its assets of $605,585. While liabilities were higher in 2020 and 2019, they have since decreased and are well-covered by current assets.
Filing History
IRS 990 filing history for Conexion Inc showing financial trends over 13 years of public records:
In its most recent filing year (2023), Conexion Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $126K in liabilities against $606K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $480K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $611K | $643K | $606K | $126K | — | — |
| 2022 | $726K | $502K | $502K | $86K | — | View 990 |
| 2021 | $743K | $507K | $346K | $154K | — | View 990 |
| 2020 | $434K | $391K | $397K | $441K | — | — |
| 2019 | $370K | $376K | $308K | $435K | — | View 990 |
| 2018 | $271K | $381K | $208K | $367K | — | View 990 |
| 2017 | $257K | $271K | $45K | $134K | — | — |
| 2016 | $0 | $0 | $9K | $3K | — | View 990 |
| 2015 | $0 | $0 | $52K | $2K | — | View 990 |
| 2014 | $199K | $199K | $45K | $0 | — | View 990 |
| 2013 | $153K | $110K | $45K | $0 | — | View 990 |
| 2012 | $95K | $94K | $2K | $0 | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $611K, expenses of $643K, and assets of $606K (revenue -15.7% year-over-year).
- 2022: Revenue of $726K, expenses of $502K, and assets of $502K (revenue -2.4% year-over-year).
- 2021: Revenue of $743K, expenses of $507K, and assets of $346K (revenue +71.4% year-over-year).
- 2020: Revenue of $434K, expenses of $391K, and assets of $397K (revenue +17.3% year-over-year).
- 2019: Revenue of $370K, expenses of $376K, and assets of $308K (revenue +36.4% year-over-year).
- 2018: Revenue of $271K, expenses of $381K, and assets of $208K (revenue +5.4% year-over-year).
- 2017: Revenue of $257K, expenses of $271K, and assets of $45K.
- 2016: Revenue of $0, expenses of $0, and assets of $9K.
- 2015: Revenue of $0, expenses of $0, and assets of $52K (revenue -100.0% year-over-year).
- 2014: Revenue of $199K, expenses of $199K, and assets of $45K (revenue +30.3% year-over-year).
- 2013: Revenue of $153K, expenses of $110K, and assets of $45K (revenue +60.3% year-over-year).
- 2012: Revenue of $95K, expenses of $94K, and assets of $2K.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Conexion Inc:
Data Sources and Methodology
This transparency report for Conexion Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.