K-connect
Only null% goes to programs Strong reserves Growing revenue
K-connect is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2014, with $1,585,938 in FY2023 revenue. CharityIndex grades it B.
401 Hall Street Sw Suite 385, Grand Rapids, MI, 49503 EIN 46-4605245 Since 2014
Revenue (FY2023)
$1.6M
▲ 108.2% vs prior year
Education median: $200K
Expenses (FY2023)
$1.1M
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 K-connect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +30% 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 K-connect: 16 mo reserves · +30% margin earns a A 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 K-connect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 K-connect: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 401 Hall Street Sw Suite 385, Grand Rapids, MI, 49503
- City
- Grand Rapids
- State
- Michigan
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue declined from $1.7M (FY2013) to $1.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $109KNet assets $1.4M
Operating margin
29.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$109K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,585,938▲108% | $1,116,493▲3.4% | $1,448,886▲47.9% | $1,557,681▲38.9% | 990 |
| 2022 | $761,725▲41.1% | $1,079,976▲44.6% | $979,441▼24.5% | $1,121,329▼40.0% | 990 |
| 2021 | $539,869▼51.9% | $747,060▲39.0% | $1,297,692▼13.8% | $1,867,663▲21.3% | 990 |
| 2020 | $1,122,990▼5.3% | $537,567▼39.5% | $1,504,883▲63.7% | $1,539,980▲63.9% | 990 |
| 2019 | $1,186,270▲37.1% | $889,006▼27.0% | $919,460▲47.8% | $939,849▲39.3% | 990 |
| 2018 | $865,296▲101% | $1,218,381▲44.2% | $622,196▼36.2% | $674,782▼32.5% | 990 |
| 2017 | $429,767▼65.1% | $844,727▲6.7% | $975,281▼29.8% | $1,000,215▼29.9% | 990 |
| 2016 | $1,232,072▲91.0% | $791,459▲8.4% | $1,390,241▲46.4% | $1,426,370▲49.0% | 990 |
| 2015 | $645,000▲459% | $730,427▲29.6% | $949,628▼2.9% | $956,989▼5.7% | 990 |
| 2014 | $115,467▼93.2% | $563,648▲104% | $977,561▼31.4% | $1,014,432▼29.5% | 990 |
| 2013 | $1,700,000 | $275,758 | $1,425,742 | $1,439,019 | 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.
Grants received · $270K total
3 grants to K-connect totaling $270K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Michigan Health Endowment Fund | Sport as a tool for equitable, lasting health outcomes | 2024 | $50,000 |
| New Schools Fund | Diverse leaders | 2022 | $160,000 |
| Michigan Health Endowment Fund | Actionable intelligence to drive healthy development | 2022 | $60,000 |
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Frequently asked questions
- Is K-connect a legitimate nonprofit?
- Yes. K-connect is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4605245, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is K-connect's EIN?
- K-connect's Employer Identification Number (EIN) is 46-4605245.
- How much revenue does K-connect report?
- K-connect reported $1,585,938 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does K-connect have?
- CharityIndex grades K-connect B, based on financial health (reserves and operating margin).
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Explore more
Data for K-connect (EIN 46-4605245) 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.