The Connection Fund
The Connection Fund reported $11.6 million in revenue and $11.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $43.58 went to program services, $55.31 to management and general costs and $1.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.7% of the total. The highest compensation it reported for one person was $557,508 (CEO). 16 people received more than $100,000 in reportable compensation. Revenue rose 20% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 43.6% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 55.3% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.44 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.6% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.7% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $557,508 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.70% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 16 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.0 | 6.8 |
| Independent voting board members Part VI 1a–1b | 5 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseProviding management services to community based 501(c)3s
The program leases & develops real estate that is used by community based 501(c)(3) exempt organizations. The connection has a dedicated in-house training branch, the institute for innovative practice, which is a social enterprise that provides professional development, training and consultation to strengthen leadership, teams and organizational health
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Director/trustee, officer, 23.00 hrs/week | $421,373 | $0 | $136,135 | $557,508 |
| CHIEF FINANCIAL OFFICER Officer, 23.00 hrs/week | $307,057 | $0 | $55,897 | $362,954 |
| CHIEF BUSINESS DEVELOPMENT OFFICER Key employee, 23.00 hrs/week | $262,694 | $0 | $90,652 | $353,346 |
| CHIEF OPERATING OFFICER Key employee, 4.00 hrs/week | $0 | $258,478 | $6,928 | $265,406 |
| SVP STRATEGY & INNOVATION Highest compensated employee, 23.00 hrs/week | $178,342 | $0 | $22,826 | $201,168 |
| VP RISK & QI Highest compensated employee, 23.00 hrs/week | $133,050 | $0 | $32,944 | $165,994 |
| DIRECTOR OF FINANCE Highest compensated employee, 23.00 hrs/week | $129,231 | $0 | $26,109 | $155,340 |
| SVP PROGRAMS Highest compensated employee, 23.00 hrs/week | $0 | $137,976 | $2,757 | $140,733 |
16 people received more than $100,000 in reportable compensation from The Connection Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 561
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| INK & PIXEL AGENCY LLC Brand development/marketing /graphic des | $111,265 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Connection Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Connection Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Connection Fund spent in FY2025, $43.58 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Connection Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, The Connection Fund reported that 43.6% of its $11.9 million in expenses went to program services, 55.3% to management and general and 1.1% to fundraising (Form 990, Part IX).
How much does The Connection Fund pay its top executive?
The largest total compensation The Connection Fund reported for one person in the fiscal year ending June 30, 2025 was $557,508, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Connection Fund get its money?
Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 2.6% came from contributions and grants and 93.7% from program service revenue (Form 990, Part VIII).
Is The Connection Fund a registered charity?
The IRS lists EIN 11-0017051 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349310418 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349311070 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349309079 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302689 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349307468 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100559349301450 · read the filing
All filings for EIN 11-0017051: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.