Nconnect
Nconnect's revenue and assets have significantly declined over five years, with recent filings showing $0 revenue and assets.
EIN: 204865651 · Vancouver, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $170K |
| Program Spending | 75% |
| Net Assets | $78K |
| Transparency Score | 40/100 |
Is Nconnect Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nconnect directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nconnect
Nconnect (EIN: 204865651) is a nonprofit organization based in Vancouver, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nconnect's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nconnect is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -26.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $170K |
| Surplus / Deficit | $-44,092 |
| Total Assets | $94K |
| Total Liabilities | $16K |
| Net Assets | $78K |
| Operating Margin | -35.0% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2015, Nconnect reported a deficit of $44K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Nconnect's revenue has declined at a compound annual growth rate (CAGR) of -26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -51.4% | -26.3% | -33.9% |
| 2014 | +4.5% | -8.5% | +24.9% |
| 2013 | -46.3% | -46.5% | +6.5% |
| 2012 | +6.5% | +4.0% | -7.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nconnect with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Nconnect allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers did not receive salaries or other compensation from Nconnect during these periods, which is unusual for an active nonprofit of its former 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.
Red Flags
The following concerns were identified during AI analysis of Nconnect's IRS 990 filings:
- Significant and consistent decline in revenue from $432,582 in 2011 to $0 in the latest report.
- Expenses exceeded revenue in the latest active filing ($169,901 vs. $125,809 in 2015), indicating operational deficits.
- Assets have decreased from $116,356 in 2011 to $0 in the latest report, suggesting a depletion of financial reserves.
- Latest reported revenue and assets are $0, indicating potential inactivity or cessation of operations.
Strengths
The following positive indicators were identified for Nconnect:
- Consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-led or highly cost-conscious leadership structure regarding executive pay.
Frequently Asked Questions about Nconnect
Is Nconnect a legitimate charity?
Nconnect (EIN: 204865651) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 40/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Nconnect spend its money?
Nconnect directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Nconnect tax-deductible?
Nconnect is registered as a tax-exempt nonprofit (EIN: 204865651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nconnect's spending goes to programs?
Nconnect directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nconnect located?
Nconnect is headquartered in Vancouver, Washington and files with the IRS under EIN 204865651.
How many years of IRS 990 filings does Nconnect have?
Nconnect has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Nconnect still an active charity?
The latest reported revenue and assets of $0 strongly suggest that Nconnect may no longer be active or has ceased operations. Further investigation would be needed to confirm its current status.
What caused the significant decline in Nconnect's revenue?
The provided data does not specify the reasons for the revenue decline from $432,582 in 2011 to $125,809 in 2015, and ultimately to $0. This would require reviewing the full 990 forms for detailed financial statements and operational narratives.
How did Nconnect manage to operate with 0% officer compensation?
Operating with 0% officer compensation could mean that officers were volunteers, compensated through other means not reported as officer compensation, or that the organization was very small and relied heavily on volunteer leadership. Given the decline, it might also reflect a winding-down phase.
Filing History
IRS 990 filing history for Nconnect showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Nconnect's revenue has declined by 70.9%, moving from $433K to $126K. Total assets decreased by 19% over the same period, from $116K to $94K. Total functional expenses fell by 62.5%, from $452K to $170K. In its most recent filing year (2015), Nconnect reported a deficit of $44K, with expenses exceeding revenue. The organization holds $16K in liabilities against $94K in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $126K | $170K | $94K | $16K | — | View 990 |
| 2014 | $259K | $231K | $143K | $20K | — | View 990 |
| 2013 | $248K | $252K | $114K | $20K | — | View 990 |
| 2012 | $461K | $470K | $107K | $9K | — | View 990 |
| 2011 | $433K | $452K | $116K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $126K, expenses of $170K, and assets of $94K (revenue -51.4% year-over-year).
- 2014: Revenue of $259K, expenses of $231K, and assets of $143K (revenue +4.5% year-over-year).
- 2013: Revenue of $248K, expenses of $252K, and assets of $114K (revenue -46.3% year-over-year).
- 2012: Revenue of $461K, expenses of $470K, and assets of $107K (revenue +6.5% year-over-year).
- 2011: Revenue of $433K, expenses of $452K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nconnect:
Data Sources and Methodology
This transparency report for Nconnect 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.