Connectable Inc
EIN: 873852500 · Danville, IL · NTEE: B03
Is Connectable Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connectable Inc
Connectable Inc (EIN: 873852500) is a nonprofit organization based in Danville, IL, classified under NTEE code B03. The organization reported total revenue of $544K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connectable Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Connectable Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connectable Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Connectable Inc
Is Connectable Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connectable Inc (EIN: 873852500) insufficient data. 0 red flags identified, 0 strengths noted.
How does Connectable Inc spend its money?
Detailed spending breakdown data is not yet available for Connectable Inc. Check back for updated IRS 990 analysis.
Are donations to Connectable Inc tax-deductible?
Connectable Inc is registered as a tax-exempt nonprofit (EIN: 873852500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Connectable Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Connectable Inc's revenue has grown by 0%, moving from $449K to $449K. Total assets increased by 0% over the same period, from $490K to $490K. Total functional expenses fell by 8.4%, from $535K to $490K. In its most recent filing year (2023), Connectable Inc reported a deficit of $40K, with expenses exceeding revenue. The organization holds $490K in liabilities against $490K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $449K | $490K | $490K | $490K | — | — |
| 2022 | $449K | $535K | $490K | $490K | — | View 990 |
Data Sources and Methodology
This transparency report for Connectable 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.