Connex Foundation Inc
- Assets
- $176.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 09/2018
- Data as of
- 12/2021
- 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 12/2021, Connex Foundation Inc generated $65.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.7%) each year. All expenses for the organization totaled $61.1k during the year ending 12/2021. 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
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Pearson Vice Chairman | 2 | $0 | |
William Ackerman Chairman | 2 | $0 | |
Cindy Collette Treasurer | 2 | $0 | |
Ann Moran Secretary | 2 | $0 | |
Brooke Cowart Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,816 |
| Total Revenue | $65,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,000 |
| Professional fees and other payments to independent contractors | $29,241 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,866 |
| Total expenses | $61,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,727 |
| Other assets | $0 |
| Total assets | $176,727 |
| Total liabilities | $10,388 |
| Net assets or fund balances | $166,339 |
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