We Connect the Dots Inc

Nonprofit profile at a glance

EIN
463412001
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Albany, NY, USA
Phone
6314687475
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$107,015
Expenses
$176,400
Assets
$98,664
Liabilities
$269,665

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • GREG HENSON (DIRECTOR)
  • DREW POWELL (DIRECTOR, TREASURER)
  • RON KOENIG (DIRECTOR, SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To excite, inform, and educate students about science, technology, engineering, arts, and math (steam) careers. Through a collaboration with the community, education, government and the technology industry, wctd provides awareness and education of the 21st century workforce skills, as well as the opportunities available to students embracing steam careers. Impacting students at a local, national and global level, our programs create a hunger for learning that empowers students to find their own paths to success.

What it reported doing in 2024

We connect the dots, inc. Provides a variety of programs to excite, inform, and educate students about science, technology, engineering, arts, and math (steam) careers.we connect the dots, inc. Has successfully delivered the following programs during the year:-created new workforce development program called "upskill" to serve underrepresented populations ages 18-24. -delivered pilot program in partnership with long island community partners serving our audience of 18-24 years old disconnected youth.-delievered annual ai challenge, a global program.-delivered annual code-a-thon program for students ages 13-18.-provided software engineering program opportunities to long island residents.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.2%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -64.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 2.73; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 13.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $136K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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 — Sustainability: Operating margin scored 1/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.