Co-nexus Inc
Only null% goes to programs Thin reserves
Co-nexus Inc is a 501(c)(3) organization based in Woburn, Massachusetts, registered in 1999, with $105,038 in FY2024 revenue. CharityIndex grades it F.
888 Main Street, Woburn, MA, 01801 EIN 04-3446374 Since 1999
Revenue (FY2024)
$105K
▲ 0.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$87K
Net assets
-$211K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Co-nexus Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Co-nexus Inc: 0 mo reserves · +17% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Co-nexus Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Co-nexus Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 888 Main Street, Woburn, MA, 01801
- City
- Woburn
- State
- Massachusetts
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $85K (FY2013) to $105K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $594KNet assets -$211K
Operating margin
16.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$383K
Total liabilities
$594K
Net assets
-$211K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $105,038▲0.1% | $87,375▼6.7% | -$211,421▲7.7% | $382,703▼2.7% | 990 |
| 2023 | $104,981▲9.1% | $93,623▲0.1% | -$229,084▲4.7% | $393,292▼4.0% | 990 |
| 2022 | $96,219▼0.8% | $93,495▲4.9% | -$240,442▲1.1% | $409,524▼4.7% | 990 |
| 2021 | $97,007▲3.1% | $89,117▼4.6% | -$243,166▲3.1% | $429,884▼3.5% | 990 |
| 2020 | $94,107▲2.8% | $93,415▼14.8% | -$251,056▲0.3% | $445,272▼3.9% | 990 |
| 2019 | $91,510▼0.8% | $109,619▲30.8% | -$251,748▼7.8% | $463,348▼7.1% | 990 |
| 2018 | $92,264▼56.8% | $83,803▼7.7% | -$233,639▲3.5% | $498,719▼1.3% | 990 |
| 2017 | $213,374▲115% | $90,835▼31.5% | -$242,100▲33.6% | $505,365▼3.2% | 990 |
| 2016 | $99,278▲4.1% | $132,660▲8.1% | -$364,639▼10.1% | $522,084▼3.1% | 990 |
| 2015 | $95,365▲9.4% | $122,735▼0.4% | -$331,257▼9.0% | $538,846▼3.4% | 990 |
| 2014 | $87,188▲2.1% | $123,186▲18.3% | -$303,887▼13.4% | $557,703▼1.3% | 990 |
| 2013 | $85,401 | $104,172 | -$267,889 | $565,212 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Co-nexus Inc a legitimate nonprofit?
- Yes. Co-nexus Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3446374, based in Woburn, Massachusetts. Donations are tax-deductible.
- What is Co-nexus Inc's EIN?
- Co-nexus Inc's Employer Identification Number (EIN) is 04-3446374.
- How much revenue does Co-nexus Inc report?
- Co-nexus Inc reported $105,038 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Co-nexus Inc have?
- CharityIndex grades Co-nexus Inc F, based on financial health (reserves and operating margin).
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Data for Co-nexus Inc (EIN 04-3446374) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.