Connect Association

Nonprofit profile at a glance

EIN
203693254
IRS 990-EZ coverage
2017–2018
Forms available
Form 990 2016, Form 990-EZ 2018
Location
San Diego, CA, USA
Phone
8589641300
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$69,167
Expenses
$12,241
Assets
$0
Liabilities
$202,091

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • GREG MCKEE (PRESIDENT & CEO)

People named in this filing

  • KAREN DOW (MEMBER OF THE BOARD)
  • GREG HOROWITT (MEMBER OF THE BOARD)
  • TYLER ORION (MEMBER OF THE BOARD)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to support the creation and sustained growth of innovative, science-based companies whose development will contribute to the prosperity and global position of the san diego region.

What it reported doing in 2018

Public policy advocacy and forumsconnect association held 3 public policy forums during the year with approximately 50 attendees. These forums are 2-hour sessions that seek to educate entrepreneurs and researchers on timely political issues happening on the local, state and/or federal arena. The purpose of connect's public policy forum is to provide crucial insight into current governmental topics which effect san diego's innovators and entrepreneurs. The goal is that the audience gain a greater understanding of current legislation and government procedures, and their implications for san diego businesses.connect association's public policy advocacy activities include addressing specific issues a company may face by writing letters to the state legislature & congress and by visiting Washington dc to further their interest on any particular issue. The organization takes a non-partisan approach advocating for the business' interest, not for a particular political view or party.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 82
  • Sustainability: 53
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.2%; rating input score 14
  • Program expense ratio: 80%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 82.3%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -173.9% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -27.8% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -19.7% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 14.2% of revenue deployed · 80% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.