Connexus Incorporated

Connexus Incorporated shows consistent revenue growth but persistent liabilities exceeding assets.

EIN: 200067354 · Antioch, TN · NTEE: P20 · Updated: 2026-03-28

$6.4MRevenue
$6.4MGross Revenue
$949KAssets
75/100Mission Score (Good)
P20
Connexus Incorporated Financial Summary
MetricValue
Total Revenue$6.4M
Total Expenses$5.8M
Program Spending80%
Net Assets$-91,680
Transparency Score75/100

Search Intent Cockpit

Connexus Incorporated Form 990, Revenue, CEO Pay, and IRS Filing Signals

Connexus Incorporated 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 Connexus Incorporated in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $6.6M and expenses of $5.8M.

Revenue and Expenses

Connexus Incorporated reported $6.6M in revenue and $5.8M in expenses, a surplus of $781K.

Executive Compensation

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

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Connexus Incorporated Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 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
80%Program Expense
$0Grants Paid
10Stored 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

Connexus Incorporated Expense Deployment
Program services$4.6M (80%)

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

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Connexus Incorporated Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Domino's Franchisee ForumTennessee and Human Services context

Trust Check

Review legitimacy, deductibility, red flags, and filing consistency.

Open charity check →

Peer Benchmark

Compare against real state and category peers.

Compare with Domino's Franchisee Forum →
All Tennessee nonprofits
All Human Services

Local and Sector Spokes

Move into this nonprofit's local market, category, and sector maps.

Antioch, TN nonprofits
Human Services in Tennessee
Human Services in Tennessee

Follow the Money

Jump into spending, compensation, rankings, and filing-year evidence.

State spending analysis
State compensation analysis
Human Services spending
Best Human Services charities in Tennessee
Relevant rankings

Donation Decision Flow

From Trust Check to Better Alternatives

1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

80% of spending goes to programs.

3

Compare

Benchmark against Domino's Franchisee Forum.

4

Decide

Build a shortlist, compare alternatives, and review the latest filing before giving.

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Human Services peer market in Tennessee →

Next Best Actions

Keep the Investigation Moving

Verify legitimacy

Open the focused charity-check flow before donating.

Compare a peer

Benchmark against Domino's Franchisee Forum.

Find best peers

See best Human Services charities in Tennessee.

Inspect local compensation

See whether pay levels look unusual in this state.

Connexus Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Connexus Incorporated

Connexus Incorporated (EIN: 200067354) is a nonprofit organization based in Antioch, TN, classified under NTEE code P20. The organization reported total revenue of $6.4M and total assets of $949K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connexus Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

4Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Connexus Incorporated is a mid-size nonprofit that has been operating for 4 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.6M
Total Expenses$5.8M
Surplus / Deficit+$781K
Total Assets$778K
Total Liabilities$870K
Net Assets$-91,680
Operating Margin11.9%
Debt-to-Asset Ratio111.8%
Months of Reserves1.6 months

Financial Health Grade: B

In 2023, Connexus Incorporated reported a surplus of $781K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 111.8% (high leverage).

Financial Trends

Over 10 years of filings (2011–2023), Connexus Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+19.7%+4.8%+39.6%
2022-2.4%+5.4%-21.4%
2021+24.9%+10.5%+24.4%
2020+16.8%+19.1%+158.5%
2019+14.7%+23.7%-29.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2022

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

AI Transparency Report

Connexus Incorporated demonstrates a consistent pattern of growth in revenue and expenses over the past decade, with revenue increasing from $1.86 million in 2011 to $6.55 million in 2023. The organization generally operates with expenses closely aligned to revenue, indicating a focus on utilizing funds for current operations rather than accumulating large surpluses. For instance, in 2023, expenses were $5,774,750 against revenues of $6,555,505, resulting in a surplus. However, the organization has frequently reported liabilities exceeding assets, such as in 2023 where assets were $778,088 and liabilities were $869,768, suggesting a reliance on current funding to cover obligations. This trend of higher liabilities compared to assets has been persistent across multiple years, raising questions about long-term financial stability and asset accumulation. The organization's financial health appears stable in terms of operational cash flow, consistently generating sufficient revenue to cover expenses in most recent years. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency regarding leadership costs. The NTEE code P20 (Housing, Shelter) indicates a focus on direct service, and the consistent expenditure levels suggest active program delivery. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. Transparency regarding executive compensation is high due to the reported 0% officer compensation. However, the consistent asset-to-liability ratio where liabilities often exceed assets could be a point of concern for long-term financial resilience. The organization's growth trajectory is positive, but a deeper dive into the nature of its liabilities would be beneficial for a complete financial picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Connexus Incorporated 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Connexus Incorporated 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:

$6.6MTotal Revenue
$5.8MTotal Expenses
$778KTotal Assets
$870KTotal Liabilities
$-91,680Net Assets
  • The organization reported a surplus of $781K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 111.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating either a volunteer executive leadership or compensation being categorized under other expense lines, which enhances transparency regarding direct officer pay but could obscure total leadership costs.

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 Connexus Incorporated's IRS 990 filings:

  • Persistent liabilities exceeding assets across multiple years (e.g., 2023: Assets $778,088, Liabilities $869,768), indicating potential reliance on current funding to cover obligations.
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency assessment difficult.

Strengths

The following positive indicators were identified for Connexus Incorporated:

  • Consistent revenue growth over the past decade, from $1.86 million in 2011 to $6.55 million in 2023, demonstrating strong fundraising or service delivery capabilities.
  • Expenses generally align closely with revenue, suggesting efficient utilization of funds for current operations.
  • Reported 0% officer compensation across all filings indicates a commitment to minimizing direct executive pay or a volunteer-driven leadership model.
  • Positive net income in the most recent filing (2023: Revenue $6,555,505, Expenses $5,774,750), indicating operational sustainability.

Frequently Asked Questions about Connexus Incorporated

Is Connexus Incorporated a legitimate charity?

Connexus Incorporated (EIN: 200067354) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Connexus Incorporated spend its money?

Connexus Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Connexus Incorporated tax-deductible?

Connexus Incorporated is registered as a tax-exempt nonprofit (EIN: 200067354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Connexus Incorporated's spending goes to programs?

Connexus Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Connexus Incorporated compare to similar nonprofits?

With a transparency score of 75/100 (Good), Connexus Incorporated is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Connexus Incorporated located?

Connexus Incorporated is headquartered in Antioch, Tennessee and files with the IRS under EIN 200067354. It is classified under NTEE code P20.

How many years of IRS 990 filings does Connexus Incorporated have?

Connexus Incorporated has 10 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 $6.4M in total revenue.

What is the nature of Connexus Incorporated's liabilities, which consistently exceed its assets?

The filings show liabilities frequently surpassing assets (e.g., 2023: Assets $778,088, Liabilities $869,768). Understanding the composition of these liabilities (e.g., program-related debt, operational payables) is crucial for assessing long-term financial risk.

How does Connexus Incorporated manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer executive team or that executive salaries are reported under other expense categories, which warrants clarification for a complete understanding of leadership costs.

What is the organization's strategy for building net assets and improving its asset-to-liability ratio?

Given the consistent trend of liabilities exceeding assets, understanding the organization's plan to strengthen its balance sheet and build unrestricted net assets would provide insight into its financial resilience.

Filing History

IRS 990 filing history for Connexus Incorporated showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Connexus Incorporated's revenue has grown by 251.7%, moving from $1.9M to $6.6M. Total assets increased by 834.3% over the same period, from $83K to $778K. Total functional expenses rose by 205.7%, from $1.9M to $5.8M. In its most recent filing year (2023), Connexus Incorporated reported a surplus of $781K, with revenue exceeding expenses. The organization holds $870K in liabilities against $778K in assets (debt-to-asset ratio: 111.8%), resulting in net assets of $-91,680.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.6M $5.8M $778K $870K
2022 $5.5M $5.5M $557K $1.4M View 990
2021 $5.6M $5.2M $709K $1.5M View 990
2020 $4.5M $4.7M $570K $2.1M View 990
2019 $3.8M $4.0M $221K $1.6M
2018 $3.4M $3.2M $313K $1.7M
2014 $1.8M $1.9M $276K $750K View 990
2013 $1.6M $1.6M $146K $589K View 990
2012 $1.9M $2.0M $112K $595K View 990
2011 $1.9M $1.9M $83K $501K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.6M, expenses of $5.8M, and assets of $778K (revenue +19.7% year-over-year).
  • 2022: Revenue of $5.5M, expenses of $5.5M, and assets of $557K (revenue -2.4% year-over-year).
  • 2021: Revenue of $5.6M, expenses of $5.2M, and assets of $709K (revenue +24.9% year-over-year).
  • 2020: Revenue of $4.5M, expenses of $4.7M, and assets of $570K (revenue +16.8% year-over-year).
  • 2019: Revenue of $3.8M, expenses of $4.0M, and assets of $221K (revenue +14.7% year-over-year).
  • 2018: Revenue of $3.4M, expenses of $3.2M, and assets of $313K (revenue +88.5% year-over-year).
  • 2014: Revenue of $1.8M, expenses of $1.9M, and assets of $276K (revenue +11.0% year-over-year).
  • 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $146K (revenue -16.4% year-over-year).
  • 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $112K (revenue +2.9% year-over-year).
  • 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $83K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Connexus Incorporated:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Connexus Incorporated 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.

Other Nonprofits in Tennessee

Explore more nonprofits based in Tennessee with AI-powered transparency reports.

View all Tennessee nonprofits →

Similar Organizations (NTEE P20)

Other nonprofits classified under NTEE code P20.

View all P20 nonprofits →

Explore Related Nonprofits

Browse by State