Connect Ministries Inc

Connect Ministries Inc shows consistent revenue growth and zero reported officer compensation.

EIN: 205576128 · Watkinsville, GA · NTEE: X20 · Updated: 2026-03-28

$4.1MRevenue
$4.0MGross Revenue
$3.2MAssets
90/100Mission Score (Excellent)
X20

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Connect Ministries Inc is mapped to EIN 205576128.

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Connect Ministries Inc Financial Summary
MetricValue
Total Revenue$4.1M
Total Expenses$3.6M
Program Spending85%
Net Assets$2.2M
Transparency Score90/100

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Connect Ministries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Connect Ministries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Connect Ministries Inc in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $3.8M and expenses of $3.6M.

Revenue and Expenses

Connect Ministries Inc reported $3.8M in revenue and $3.6M in expenses, a surplus of $191K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Connect Ministries Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Connect Ministries Inc Expense Deployment
Program services$3.1M (85%)

Across stored filings, Connect Ministries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Connect Ministries Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade A12 stored filing years
Peer contextCompare with Oquossoc Angling AssocGeorgia and Religion context

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Connect Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Connect Ministries Inc

Connect Ministries Inc (EIN: 205576128) is a nonprofit organization based in Watkinsville, GA, classified under NTEE code X20. The organization reported total revenue of $4.1M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connect Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Connect Ministries Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 15.9%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$3.8M
Total Expenses$3.6M
Surplus / Deficit+$191K
Total Assets$3.6M
Total Liabilities$1.4M
Net Assets$2.2M
Operating Margin5.0%
Debt-to-Asset Ratio40.0%
Months of Reserves12.0 months

Financial Health Grade: A

In 2022, Connect Ministries Inc reported a surplus of $191K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).

Financial Trends

Over 12 years of filings (2011–2022), Connect Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022+3.1%+26.0%+71.5%
2021+73.2%+30.0%+63.0%
2020-12.9%+7.8%-2.8%
2019+35.9%+32.8%+54.2%
2018+7.1%+9.6%+32.3%

IRS Tax-Exempt Classification

IRS Classification Codes1270
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Connect Ministries Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $4,071,006 in latest reported revenue. The organization has also shown strong asset growth, reaching $3,150,403. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and financial efficiency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratios appear reasonable. For instance, in 2022, expenses were $3,597,056 against revenues of $3,788,038, suggesting a healthy operating margin. The organization's liabilities have fluctuated, with a significant increase in 2022 to $1,437,738, which warrants closer examination in the full 990 filing to understand its nature and impact on long-term financial stability. However, the overall financial health appears robust, supported by growing assets and a clear dedication to minimizing executive overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Connect Ministries Inc with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Connect Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$3.8MTotal Revenue
$3.6MTotal Expenses
$3.6MTotal Assets
$1.4MTotal Liabilities
$2.2MNet Assets
  • The organization reported a surplus of $191K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 40.0%.

Executive Compensation Analysis

Connect Ministries Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator of financial efficiency and a strong commitment to directing resources towards its mission.

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 Connect Ministries Inc's IRS 990 filings:

  • Significant increase in liabilities in 2022 without immediate explanation in summary data.

Strengths

The following positive indicators were identified for Connect Ministries Inc:

  • Consistent revenue growth over the past decade.
  • Zero reported officer compensation across all filings, indicating high efficiency.
  • Strong asset growth, demonstrating increasing financial capacity.
  • Healthy operating margins in recent years (e.g., 2022 revenue $3.78M vs. expenses $3.59M).

Frequently Asked Questions about Connect Ministries Inc

Is Connect Ministries Inc a legitimate charity?

Connect Ministries Inc (EIN: 205576128) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Connect Ministries Inc spend its money?

Connect Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Connect Ministries Inc tax-deductible?

Connect Ministries Inc is registered as a tax-exempt nonprofit (EIN: 205576128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Connect Ministries Inc's spending goes to programs?

Connect Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Connect Ministries Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Connect Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Connect Ministries Inc located?

Connect Ministries Inc is headquartered in Watkinsville, Georgia and files with the IRS under EIN 205576128. It is classified under NTEE code X20.

How many years of IRS 990 filings does Connect Ministries Inc have?

Connect Ministries Inc has 12 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 $4.1M in total revenue.

What caused the significant increase in liabilities in 2022 to $1,437,738?

The provided data shows a jump in liabilities from $131,191 in 2021 to $1,437,738 in 2022. A detailed review of the full 990 filing for 2022 would be necessary to understand the nature of these liabilities (e.g., program-related debt, capital expenditures, deferred revenue) and their implications for the organization's financial health.

How does Connect Ministries Inc manage its fundraising costs given its revenue growth?

While specific fundraising expense data is not provided, the consistent revenue growth suggests effective fundraising. Given the 0% officer compensation, it implies that fundraising efforts are likely managed efficiently, possibly through volunteer efforts or a lean paid staff structure, but a detailed breakdown would confirm this.

What are the specific program activities funded by Connect Ministries Inc?

The NTEE code X20 indicates 'Religious, Spiritual, and Faith-Based Organizations'. To understand the specific program activities, a review of the organization's mission statement and program service accomplishments detailed in its full 990 filings would be required.

Filing History

IRS 990 filing history for Connect Ministries Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Connect Ministries Inc's revenue has grown by 406.5%, moving from $748K to $3.8M. Total assets increased by 4266% over the same period, from $82K to $3.6M. Total functional expenses rose by 389.7%, from $735K to $3.6M. In its most recent filing year (2022), Connect Ministries Inc reported a surplus of $191K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.6M in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $2.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $3.8M $3.6M $3.6M $1.4M View 990
2021 $3.7M $2.9M $2.1M $131K View 990
2020 $2.1M $2.2M $1.3M $142K View 990
2019 $2.4M $2.0M $1.3M $104K View 990
2018 $1.8M $1.5M $858K $38K View 990
2017 $1.7M $1.4M $649K $87K
2016 $1.9M $1.8M $390K $102K View 990
2015 $1.8M $1.9M $276K $165K View 990
2014 $1.6M $1.6M $253K $85K View 990
2013 $1.5M $1.4M $273K $113K View 990
2012 $1.2M $1.2M $211K $191K View 990
2011 $748K $735K $82K $64K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $3.8M, expenses of $3.6M, and assets of $3.6M (revenue +3.1% year-over-year).
  • 2021: Revenue of $3.7M, expenses of $2.9M, and assets of $2.1M (revenue +73.2% year-over-year).
  • 2020: Revenue of $2.1M, expenses of $2.2M, and assets of $1.3M (revenue -12.9% year-over-year).
  • 2019: Revenue of $2.4M, expenses of $2.0M, and assets of $1.3M (revenue +35.9% year-over-year).
  • 2018: Revenue of $1.8M, expenses of $1.5M, and assets of $858K (revenue +7.1% year-over-year).
  • 2017: Revenue of $1.7M, expenses of $1.4M, and assets of $649K (revenue -13.7% year-over-year).
  • 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $390K (revenue +6.3% year-over-year).
  • 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $276K (revenue +14.6% year-over-year).
  • 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $253K (revenue +5.9% year-over-year).
  • 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $273K (revenue +23.9% year-over-year).
  • 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $211K (revenue +62.1% year-over-year).
  • 2011: Revenue of $748K, expenses of $735K, and assets of $82K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Connect Ministries Inc:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Connect Ministries 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.

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