Connectedly
Connectedly: Stable Revenue, Strong Asset Base, and Consistent Program Spending
EIN: 222629856 · Philadelphia, PA · NTEE: P83Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $935K |
| Program Spending | 80% |
| Net Assets | $1.4M |
| Transparency Score | 75/100 |
Is Connectedly Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connectedly directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connectedly
Connectedly (EIN: 222629856) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code P83Z. The organization reported total revenue of $1.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connectedly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connectedly is a mid-size nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $852K |
| Total Expenses | $935K |
| Surplus / Deficit | $-83,129 |
| Total Assets | $1.6M |
| Total Liabilities | $169K |
| Net Assets | $1.4M |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 20.5 months |
Financial Health Grade: B
In 2024, Connectedly reported a deficit of $83K with expenses exceeding revenue, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Connectedly's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.8% | +4.4% | -6.4% |
| 2023 | +3.8% | +31.0% | +18.3% |
| 2022 | +60.4% | -2.0% | +2.3% |
| 2021 | +0.4% | +6.5% | -1.8% |
| 2020 | -29.3% | +11.0% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Connectedly with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Connectedly allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.6%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific compensation figures are not provided in the available data.
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 Connectedly:
- Consistent revenue generation, averaging over $600,000 annually.
- Healthy asset base, consistently above $1.2 million, indicating financial stability.
- Low liability-to-asset ratio, suggesting strong financial health.
- Consistent program spending based on available expense data.
Frequently Asked Questions about Connectedly
Is Connectedly a legitimate charity?
Based on AI analysis of IRS 990 filings, Connectedly (EIN: 222629856) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Connectedly spend its money?
Connectedly directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Connectedly tax-deductible?
Connectedly is registered as a tax-exempt nonprofit (EIN: 222629856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connectedly's spending goes to programs?
Connectedly directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connectedly compare to similar nonprofits?
With a transparency score of 75/100 (Good), Connectedly is above average for NTEE category P83Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connectedly located?
Connectedly is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222629856. It is classified under NTEE code P83Z.
How many years of IRS 990 filings does Connectedly have?
Connectedly has 14 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 $1.3M in total revenue.
What does Connectedly do?
Connectedly is a nonprofit organization in the Human Services sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code P83Z.
How much revenue does Connectedly have?
Connectedly reported total revenue of $1,313,441. Based on 14 IRS 990 filings on record.
What are Connectedly's total assets?
Connectedly holds total assets of $1,595,323 as reported in IRS 990 filings.
Where is Connectedly located?
Connectedly is based in Philadelphia, Pennsylvania.
What is Connectedly's EIN?
Connectedly's Employer Identification Number (EIN) is 222629856. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connectedly?
Connectedly is classified under NTEE code P83Z (Human Services).
Is Connectedly a registered 501(c)(3)?
Yes, Connectedly is recognized as a tax-exempt organization by the IRS. EIN: 222629856.
Does Connectedly file IRS Form 990?
Yes, Connectedly has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Connectedly's revenue in 2024?
In the 202406 filing period, Connectedly reported total revenue of $852,150, total expenses of $935,279, and net assets of $1,595,323.
Is Connectedly's revenue growing or declining?
Connectedly's revenue is declining. Revenue went from $965,791 (202306) to $852,150 (202406), a -11.8% change. Based on 14 filings on record.
What is Connectedly's most recent 990 filing?
The most recent IRS Form 990 filing for Connectedly covers tax period 202406. It shows revenue of $852,150, expenses of $935,279, total assets of $1,595,323, and liabilities of $168,570.
How much does Connectedly spend on programs vs administration?
Based on IRS 990 analysis, Connectedly allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Connectedly a trustworthy charity?
Based on AI analysis of IRS 990 data, Connectedly appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Connectedly's strengths?
Positive indicators for Connectedly include: Consistent revenue generation, averaging over $600,000 annually.. Healthy asset base, consistently above $1.2 million, indicating financial stability.. Low liability-to-asset ratio, suggesting strong financial health.. Consistent program spending based on available expense data.. These findings are derived from AI analysis of the organization's financial filings.
How does Connectedly compensate executives?
Executive compensation cannot be assessed as specific compensation figures are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Connectedly?
- Transparency report not available in provided data. - No specific details on board governance or conflict of interest policies. - Financial data is consistently reported over several years. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Connectedly managed to maintain a relatively stable asset base despite fluctuations in revenue over the past several years?
Connectedly has consistently maintained assets above $1.2 million, even with revenue fluctuations. This suggests effective asset management and potentially conservative spending or strategic investments that preserve capital.
What is the trend in Connectedly's program efficiency, given the available revenue and expense data?
While specific program expenses are not detailed, the overall expenses (x) are consistently a high percentage of revenue (r), suggesting a significant portion of funds are being utilized for operations, which likely includes programs. For example, in 202406, expenses were $935,279 against revenue of $852,150, indicating a high operational spend relative to income.
Filing History
IRS 990 filing history for Connectedly showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Connectedly's revenue has grown by 19.4%, moving from $714K to $852K. Total assets increased by 23.1% over the same period, from $1.3M to $1.6M. Total functional expenses rose by 26.8%, from $738K to $935K. In its most recent filing year (2024), Connectedly reported a deficit of $83K, with expenses exceeding revenue. The organization holds $169K in liabilities against $1.6M in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $852K | $935K | $1.6M | $169K | — | View 990 |
| 2023 | $966K | $896K | $1.7M | $219K | — | — |
| 2022 | $931K | $684K | $1.4M | $100K | — | View 990 |
| 2021 | $580K | $698K | $1.4M | $89K | — | View 990 |
| 2020 | $578K | $655K | $1.4M | $161K | — | View 990 |
| 2019 | $818K | $590K | $1.5M | $45K | — | View 990 |
| 2018 | $611K | $553K | $1.3M | $12K | — | View 990 |
| 2017 | $482K | $517K | $1.2M | $14K | — | View 990 |
| 2016 | $496K | $557K | $1.2M | $40K | — | View 990 |
| 2015 | $705K | $539K | $1.3M | $30K | — | View 990 |
| 2014 | $446K | $577K | $1.2M | $38K | — | View 990 |
| 2013 | $465K | $635K | $1.2M | $33K | — | View 990 |
| 2012 | $746K | $700K | $1.3M | $32K | — | View 990 |
| 2011 | $714K | $738K | $1.3M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $852K, expenses of $935K, and assets of $1.6M (revenue -11.8% year-over-year).
- 2023: Revenue of $966K, expenses of $896K, and assets of $1.7M (revenue +3.8% year-over-year).
- 2022: Revenue of $931K, expenses of $684K, and assets of $1.4M (revenue +60.4% year-over-year).
- 2021: Revenue of $580K, expenses of $698K, and assets of $1.4M (revenue +0.4% year-over-year).
- 2020: Revenue of $578K, expenses of $655K, and assets of $1.4M (revenue -29.3% year-over-year).
- 2019: Revenue of $818K, expenses of $590K, and assets of $1.5M (revenue +33.9% year-over-year).
- 2018: Revenue of $611K, expenses of $553K, and assets of $1.3M (revenue +26.9% year-over-year).
- 2017: Revenue of $482K, expenses of $517K, and assets of $1.2M (revenue -3.0% year-over-year).
- 2016: Revenue of $496K, expenses of $557K, and assets of $1.2M (revenue -29.6% year-over-year).
- 2015: Revenue of $705K, expenses of $539K, and assets of $1.3M (revenue +58.0% year-over-year).
- 2014: Revenue of $446K, expenses of $577K, and assets of $1.2M (revenue -4.1% year-over-year).
- 2013: Revenue of $465K, expenses of $635K, and assets of $1.2M (revenue -37.7% year-over-year).
- 2012: Revenue of $746K, expenses of $700K, and assets of $1.3M (revenue +4.5% year-over-year).
- 2011: Revenue of $714K, expenses of $738K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connectedly:
Data Sources and Methodology
This transparency report for Connectedly 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.