Connectability Inc

Connectability Inc. shows consistent growth and strong financial health with volunteer leadership.

EIN: 204813763 · Dahlonega, GA · NTEE: P82 · Updated: 2026-03-28

$253KRevenue

$219KAssets

92/100Mission Score (Excellent)

P82

About Connectability Inc

Connectability Inc (EIN: 204813763) is a nonprofit organization based in Dahlonega, GA, classified under NTEE code P82. The organization reported total revenue of $253K and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connectability Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Connectability Inc. demonstrates a generally stable financial position with consistent growth in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenue of $207,776 against expenses of $198,051, indicating a modest surplus. Their assets have grown significantly from $13,221 in 2011 to $225,896 in 2023, suggesting effective asset management and financial stability. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. 

While specific program spending ratios are not detailed in the provided data, the consistent reporting of 0% officer compensation suggests a high degree of efficiency in administrative costs related to executive salaries. The organization's liabilities remain very low relative to its assets, indicating a healthy balance sheet. The growth trajectory, especially the jump in revenue from $132,142 in 2022 to $207,776 in 2023, shows increasing support and operational capacity. 

Overall, Connectability Inc. appears to be a financially sound and transparent organization, particularly given its consistent growth, low liabilities, and the absence of paid executive compensation. This structure likely allows a greater proportion of funds to be allocated directly to programs, though a detailed breakdown of program vs. administrative vs. fundraising expenses would provide even greater clarity on spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Connectability Inc with a Mission Score of 92 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Connectability Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Connectability Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.

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.

Strengths

The following positive indicators were identified for Connectability Inc:

Consistent revenue growth, from $16,689 in 2011 to $207,776 in 2023.
Strong asset growth, from $13,221 in 2011 to $225,896 in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership.
Low liabilities relative to assets, demonstrating financial stability.
Positive net income in most recent filing ($207,776 revenue vs. $198,051 expenses in 2023).

Frequently Asked Questions about Connectability Inc

Is Connectability Inc. a good charity?

Based on the provided financial data, Connectability Inc. appears to be a good charity. It demonstrates consistent financial growth, maintains low liabilities, and notably operates with 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has Connectability Inc.'s financial health changed over time?

Connectability Inc. has shown significant financial growth and improved health over time. Its revenue increased from $16,689 in 2011 to $207,776 in 2023, and assets grew from $13,221 to $225,896 in the same period, indicating a strong upward trend.

What is Connectability Inc.'s approach to executive compensation?

Connectability Inc. has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all available filings. This indicates that its leadership serves on a volunteer basis.

Filing History

IRS 990 filing history for Connectability Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Connectability Inc's revenue has grown by 1145%, moving from $17K to $208K. Total assets increased by 1608.6% over the same period, from $13K to $226K. Total functional expenses rose by 1699.5%, from $11K to $198K. In its most recent filing year (2023), Connectability Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $6K in liabilities against $226K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $220K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$208K	$198K	$226K	$6K	—	—
2022	$132K	$139K	$196K	$3K	—	View 990
2021	$149K	$118K	$199K	$3K	—	View 990
2020	$132K	$154K	$184K	$3K	—	View 990
2019	$160K	$163K	$146K	$3K	—	View 990
2018	$140K	$137K	$148K	$3K	—	View 990
2017	$158K	$84K	$143K	$1K	—	—
2016	$77K	$82K	$70K	$1K	—	View 990
2015	$55K	$37K	$34K	$0	—	View 990
2011	$17K	$11K	$13K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $208K, expenses of $198K, and assets of $226K (revenue +57.2% year-over-year).
2022: Revenue of $132K, expenses of $139K, and assets of $196K (revenue -11.2% year-over-year).
2021: Revenue of $149K, expenses of $118K, and assets of $199K (revenue +12.9% year-over-year).
2020: Revenue of $132K, expenses of $154K, and assets of $184K (revenue -17.8% year-over-year).
2019: Revenue of $160K, expenses of $163K, and assets of $146K (revenue +14.4% year-over-year).
2018: Revenue of $140K, expenses of $137K, and assets of $148K (revenue -11.1% year-over-year).
2017: Revenue of $158K, expenses of $84K, and assets of $143K (revenue +104.8% year-over-year).
2016: Revenue of $77K, expenses of $82K, and assets of $70K (revenue +40.8% year-over-year).
2015: Revenue of $55K, expenses of $37K, and assets of $34K (revenue +227.7% year-over-year).
2011: Revenue of $17K, expenses of $11K, and assets of $13K.

Data Sources and Methodology

This transparency report for Connectability 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.