Civic Intelligence

Conexus

990 • Fiscal year 2018 • EIN 46-5257732

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 19, 2019

11618 Busy StreetRichmond, VA 23236

(804) 423-2020

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.05x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.07x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

78th percentile

19%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

68%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$780,126

Up $124,705 (+19%) from 2017

Net Assets

Up

$738,522

Up $139,362 (+23%) from 2017

Liabilities

Down

$41,604

Down $14,657 (-26%) from 2017

Revenue

Up

$614,256

Up $248,392 (+68%) from 2017

Expenses

Down

$474,894

Down $38,678 (-7.5%) from 2017

Net Income

Up

$139,362

Up $287,070 (+194%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2015: $716,314Liabilities 2015: $39,267Net Assets 2015: $677,0472015Assets 2016: $814,028Liabilities 2016: $45,964Net Assets 2016: $768,0642016Assets 2017: $655,421Liabilities 2017: $56,261Net Assets 2017: $599,1602017Assets 2018: $780,126Liabilities 2018: $41,604Net Assets 2018: $738,5222018Assets 2019: $798,843Liabilities 2019: $38,646Net Assets 2019: $760,1972019Assets 2020: $958,882Liabilities 2020: $216,857Net Assets 2020: $742,0252020Assets 2021: $1,136,416Liabilities 2021: $103,717Net Assets 2021: $1,032,6992021Assets 2022: $2,113,559Liabilities 2022: $86,418Net Assets 2022: $2,027,1412022Assets 2023: $2,299,501Liabilities 2023: $134,186Net Assets 2023: $2,165,3152023Assets 2024: $2,630,880Liabilities 2024: $90,480Net Assets 2024: $2,540,4002024Assets 2025: $4,381,430Liabilities 2025: $93,680Net Assets 2025: $4,287,7502025

Highlighted filing

2018

Assets$780,126
Liabilities$41,604
Net Assets$738,522

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $272,360Expenses 2015: $281,711Net Income 2015: -$9,3512015Revenue 2016: $623,501Expenses 2016: $517,123Net Income 2016: $106,3782016Revenue 2017: $365,864Expenses 2017: $513,572Net Income 2017: -$147,7082017Revenue 2018: $614,256Expenses 2018: $474,894Net Income 2018: $139,3622018Revenue 2019: $820,370Expenses 2019: $798,702Net Income 2019: $21,6682019Revenue 2020: $2,001,307Expenses 2020: $2,019,472Net Income 2020: -$18,1652020Revenue 2021: $1,178,339Expenses 2021: $887,665Net Income 2021: $290,6742021Revenue 2022: $3,416,760Expenses 2022: $2,422,318Net Income 2022: $994,4422022Revenue 2023: $2,612,487Expenses 2023: $2,474,313Net Income 2023: $138,1742023Revenue 2024: $3,059,240Expenses 2024: $2,684,155Net Income 2024: $375,0852024Revenue 2025: $4,815,895Expenses 2025: $3,068,545Net Income 2025: $1,747,3502025

Highlighted filing

2018

Revenue$614,256
Expenses$474,894
Net Income$139,362
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 19, 2019
Return Version
2017v2.3
Gross Receipts
$702,738
Mission and Program Overview

Mission

Conexus is dedicated to promoting research into the causes and prevention of blindness, educating and training health care professionals about the care and prevention of blindness, and increasing public awareness about blindness and vision protection.

To prevent blindness and preserve sight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$542,458$518,524▼ $23,934
Cash and Non-Interest-Bearing Accounts$23,425$208,084▲ $184,659
Investments in Publicly Traded Securities$36,705$8,314▼ $28,391
Prepaid Expenses and Deferred Charges$4,725$5,696▲ $971
Accounts Receivable$11,100$2,500▼ $8,600
Total Assets$655,421$780,126▲ $124,705
Other Assets Total$37,008$37,008→ $0
Liabilities
Accounts Payable and Accrued Expenses$56,261$41,604▼ $14,657
Total Liabilities$56,261$41,604▼ $14,657
Net Assets / Fund Balance
Unrestricted Net Assets$599,160$568,443▼ $30,717
Temporarily Rstr Net Assets-$170,079-
Total Net Assets Fund Balance$599,160$738,522▲ $139,362
Total Liabilities and Net Assets / Fund Balance$655,421$780,126▲ $124,705

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$308,100$132,298$440,398
Leasehold Improvements$117,116$21,427$138,543
Equipment$25,921$99,578$125,499
Land$67,387-$67,387
Other Land Buildings$0$16,342$16,342
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy GreshamPresident and CEOFT$121,775$39,041$160,816

Board Members and Trustees

NameTitle
Roxane GilmoreChairman of the Board
Terrence KernerVice Chairman of the Board
Bradley SmithDirector
Charles Pegram JrDirector
Danny SingerDirector
Dennis MayoDirector
Ed GreeneDirector
Evan SilversteinDirector
John LocherDirector
Margaret MearaDirector
Stephen TheuerDirector
Joseph BowmanSecretary
Stephen DickinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$510,261
Program Service Revenue
$9,976
Investment Income
$254
Other Revenue
$93,765
All Other Contributions
$462,682
Change in Net Assets
$139,362

Audited Revenue Reconciliation

Revenue per Audited Statements
$614,256
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$614,256
Total Revenue per Form 990
$614,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$341,103
Other Expenses$133,791
Total Fundraising Expense$52,310
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$135,674$9,872$17,897$163,443
Other Salaries and Wages$82,342$5,996$10,863$99,201
Other Employee Benefits$46,330$5,037$7,446$58,813
Depreciation Depletion$21,816$652$1,466$23,934
Payroll Taxes$16,344$1,174$2,128$19,646
Travel$17,066$665$1,496$19,227
Occupancy$13,593$623$1,402$15,618
Office Expenses$7,540$43$1,044$8,627
Insurance$5,614$120$363$6,097
Other Expenses$3,350$-49$3,737$3,350
All Other Expenses$2,964$-53$207$3,118
Total Functional Expenses$396,581$26,003$52,310$474,894

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$474,894
Total Expenses per Audited Statements$474,894
Total Expenses per Form 990$474,894
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$152,747
Fundraising Direct Expenses$58,982
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Richmond Golf$167,040$124,140$19,828$104,312
Gift of Light$28,607$28,607-$28,607
Total Events$195,647$152,747$58,982$93,765
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Board of Directors reviews and approves Form 990 prior to filing.

Form 990, Part VI, Section B, line 12C

The Board of Directors conducts annual review for compliance with the conflict of interest policy.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Conexus
EIN
46-5257732
Phone
8044232020
Address
11618 Busy Street, Richmond, VA 23236

Signing Officer

Name
Timothy L Gresham
Title
President and CEO
Phone
8044232020
Signed
2019-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy L Gresham
Formed
2014
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
1,200

Preparer

Firm
Pilc & Moseley LLC
Address
4312 Grove Avenue, Richmond, VA 23221
Preparer
William C Pilc
Phone
8049188490
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization follows Financial Accounting Standards Board ("FASB") guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. Management evaluated the Organization's tax position and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. The Organization is not currently under audit by any tax jurisdiction.

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IRS990/OtherExpensesGrp/Desc0Electronic Communicatio
IRS990/OtherExpensesGrp/Desc1Professional Fees
IRS990/OtherExpensesGrp/Desc2Other Expenses
IRS990/OtherExpensesGrp/Desc3Equipment rental and ma
IRS990/OtherExpensesGrp/FundraisingAmt02238
IRS990/OtherExpensesGrp/FundraisingAmt12023
IRS990/OtherExpensesGrp/FundraisingAmt23737
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0995
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1928
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-49
IRS990/OtherExpensesGrp/ProgramServicesAmt022208
IRS990/OtherExpensesGrp/ProgramServicesAmt120581
IRS990/OtherExpensesGrp/ProgramServicesAmt21159
IRS990/OtherExpensesGrp/ProgramServicesAmt33350
IRS990/OtherExpensesGrp/TotalAmt025441
IRS990/OtherExpensesGrp/TotalAmt123532
IRS990/OtherExpensesGrp/TotalAmt24847
IRS990/OtherExpensesGrp/TotalAmt33350
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010863
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05996
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082342
IRS990/OtherSalariesAndWagesGrp/TotalAmt099201
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02128
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01174
IRS990/PayrollTaxesGrp/ProgramServicesAmt016344
IRS990/PayrollTaxesGrp/TotalAmt019646
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04725
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05696
IRS990/PrincipalOfficerNm0Timothy L Gresham
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0453220
IRS990/ProgramServiceRevenueGrp/Desc0Program Service
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09976
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09976
IRS990/ProgSrvcAccomActy2Grp/Desc0Public health education - informing the general public about the basic facts of eye care, health and safety, and motivating them to appropriate actions.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0128200
IRS990/ProgSrvcAccomActy3Grp/Desc0Professional education - serving as an authoritative source of professional level information for eye care professionals, teachers, scientists, and others in the blindness prevention field.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt092560
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0233159
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021801
IRS990/PYOtherExpensesAmt0171031
IRS990/PYOtherRevenueAmt0101616
IRS990/PYProgramServiceRevenueAmt09288
IRS990/PYRevenuesLessExpensesAmt0-147708
IRS990/PYSalariesCompEmpBnftPaidAmt0342541
IRS990/PYTotalExpensesAmt0513572
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0365864
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0139362
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Organization's first year was a short year beginning on 12/1/14 and ending on 6/30/15.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Short Year Explanation:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0510261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0233159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0476588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0151234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01371242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0254
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021801
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04719
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt041486
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0656896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09288
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019930
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012454
IRS990ScheduleA/OtherIncome170Grp/TotalAmt041672
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64580
IRS990ScheduleA/PublicSupportTotal170Amt0939281
IRS990ScheduleA/SubstantialContributorsTotAmt0431961
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0510261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0233159
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0476588
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0151234
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01371242
IRS990ScheduleA/TotalSupportAmt01454400
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0308100
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0132298
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0440398
IRS990ScheduleD/EquipmentGrp/BookValueAmt025921
IRS990ScheduleD/EquipmentGrp/DepreciationAmt099578
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125499
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0474894
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt067387
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067387
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0117116
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021427
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0138543
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016342
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016342
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0614256
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows Financial Accounting Standards Board ("FASB") guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. Management evaluated the Organization's tax position and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. The Organization is not currently under audit by any tax jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0518524
IRS990ScheduleD/TotalExpensesPerForm990Amt0474894
IRS990ScheduleD/TotalRevenuePerForm990Amt0614256
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0614256
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0474894
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt042900
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt042900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058982
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Richmond Golf
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Gift of Light
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0167040
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt028607
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0195647
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0124140
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt028607
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0152747
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt093765
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019828
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019828
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt039154
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt039154
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00

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