Connex Foundation Inc
- Assets
- $171.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-0663896
Organization Overview
Connex Foundation Inc is located in Irving, TX. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connex Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Connex Foundation Inc generated $136.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $141.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SCHOLARSHIPS - THE FOUNDATION WILL WORK WITH EDUCATIONAL INSTITUTIONS TO ESTABLISH COLLABORATIVE PARTNERSHIPS TO: DEVELOP MULTISITE FACILITIES MANAGEMENT DEGREE PROGRAMS AND AWARD SCHOLARSHIPS TO INDIVIDUALS PURSUING A DEGREE IN FACILITIES MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Ackerman Board Chair | 2 | $0 | |
Leigh Pearson Vice Chair | 2 | $0 | |
Ann Moran Secretary | 2 | $0 | |
Cindy Collette Treasurer | 2 | $0 | |
Brooke Cowart Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,795 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,457 |
| Other Revenue | $0 |
| Total Revenue | $136,338 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $80,336 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,681 |
| Other expenses | $46,697 |
| Total expenses | $141,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,969 |
| Other assets | $0 |
| Total assets | $171,171 |
| Total liabilities | $10,422 |
| Net assets or fund balances | $160,749 |