Civic Intelligence

Conexus

990 • Fiscal year 2021 • EIN 46-5257732

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 03, 2021

11618 Busy StreetRichmond, VA 23236

(804) 423-2020

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,136,416

Up $177,534 (+19%) from 2020

Net Assets

Up

$1,032,699

Up $290,674 (+39%) from 2020

Liabilities

Down

$103,717

Down $113,140 (-52%) from 2020

Revenue And Expenses

Revenue

Down

$1,178,339

Down $822,968 (-41%) from 2020

Expenses

Down

$887,665

Down $1,131,807 (-56%) from 2020

Net Income

Up

$290,674

Up $308,839 (+1700%) from 2020

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

2021

Assets$1,136,416
Liabilities$103,717
Net Assets$1,032,699

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

2021

Revenue$1,178,339
Expenses$887,665
Net Income$290,674
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$1,296,274
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$588,685$562,063▼ $26,622
Cash and Non-Interest-Bearing Accounts$319,117$420,364▲ $101,247
Accounts Receivable$9,107$116,981▲ $107,874
Prepaid Expenses and Deferred Charges$4,961--
Investments in Publicly Traded Securities$4--
Total Assets$958,882$1,136,416▲ $177,534
Other Assets Total$37,008$37,008→ $0
Liabilities
Other Liabilities$98,800$0▼ $98,800
Accounts Payable and Accrued Expenses$3,068$63,001▲ $59,933
Deferred Revenue$62,305--
Mortgage Notes Payable Secured by Investment Property$52,684$40,716▼ $11,968
Total Liabilities$216,857$103,717▼ $113,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$742,025$901,699▲ $159,674
Net Assets With Donor Restrictions-$131,000-
Total Net Assets Fund Balance$742,025$1,032,699▲ $290,674
Total Liabilities and Net Assets / Fund Balance$958,882$1,136,416▲ $177,534

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$274,222$166,176$440,398
Equipment$111,938$179,751$291,689
Leasehold Improvements$106,461$32,082$138,543
Land$67,387-$67,387
Other Land Buildings$2,055$16,837$18,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy GreshamPresident and CEOFT$151,455$46,038$197,493

Board Members and Trustees

NameTitle
Terrence KernerChairman of the Board
Tom ShockleyVice-Chair
Danny SingerDirector
Dennis MayoDirector
Evan SilversteinDirector
Jay SwedenborgDirector
Jerry Neidigh JrDirector
John LocherDirector
Mo AlfayyoumiDirector
Molly BransfordDirector
Bradley SmithSecretary
Clint DiersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$655,977
Program Service Revenue
$99,159
Investment Income
$328
Other Revenue
$422,875
All Other Contributions
$655,977
Change in Net Assets
$290,674

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$55,593Fair Market Value
Other Non Cash Contri Table2$26,360Cost
Total Noncash Contributions4$81,953-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,178,339
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,140
Total Revenue per Audited Statements
$1,187,479
Total Revenue per Form 990
$1,178,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$637,486
Other Expenses$250,179
Total Fundraising Expense$71,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$252,349$35,243$20,443$308,035
Current Officers, Directors, Trustees, and Key Employees$155,224$11,221$20,572$187,017
Other Employee Benefits$87,508$9,090$8,649$105,247
Depreciation Depletion$41,923$3,297$1,884$47,104
Payroll Taxes$30,609$3,494$3,084$37,187
Occupancy$26,945$2,119$1,211$30,275
Travel$18,649$610$348$19,607
Office Expenses$13,369$492$281$14,142
Insurance$11,179$880$502$12,561
Other Expenses$5,946$467$268$6,681
Interest$2,082$164$91$2,337
All Other Expenses$432$33$20$485
Total Functional Expenses$742,884$73,761$71,020$887,665

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$896,805
Expenses per Audited Statements$887,665
Total Expenses per Form 990$887,665
Expenses Not Reported on Form 990$9,140
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$338,088
Fundraising Direct Expenses$117,935
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$338,088$338,088$49,303$288,785
Total Events$338,088$338,088$117,935$220,153
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 35% controlled entity
No
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
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy L Gresham
Formed
2014
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
10
Volunteers
45

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/Form990PartVIISectionAGrp/PersonNm10Jay Swedenborg
IRS990/Form990PartVIISectionAGrp/PersonNm11Molly Bransford
IRS990/Form990PartVIISectionAGrp/PersonNm12Timothy Gresham
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IRS990/OtherExpensesGrp/FundraisingAmt2986
IRS990/OtherExpensesGrp/FundraisingAmt3268
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02122
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12803
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21726
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3467
IRS990/OtherExpensesGrp/ProgramServicesAmt039080
IRS990/OtherExpensesGrp/ProgramServicesAmt135641
IRS990/OtherExpensesGrp/ProgramServicesAmt221948
IRS990/OtherExpensesGrp/ProgramServicesAmt35946
IRS990/OtherExpensesGrp/TotalAmt052281
IRS990/OtherExpensesGrp/TotalAmt140046
IRS990/OtherExpensesGrp/TotalAmt224660
IRS990/OtherExpensesGrp/TotalAmt36681
IRS990/OtherLiabilitiesGrp/BOYAmt098800
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PPP Loan Proceeds
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0202722
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0202722
IRS990/OtherRevenueTotalAmt0202722
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020443
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035243
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0252349
IRS990/OtherSalariesAndWagesGrp/TotalAmt0308035
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03084
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03494
IRS990/PayrollTaxesGrp/ProgramServicesAmt030609
IRS990/PayrollTaxesGrp/TotalAmt037187
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04961
IRS990/PrincipalOfficerNm0Timothy L Gresham
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0453220
IRS990/ProgramServiceRevenueGrp/Desc0Program Service
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099159
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099159
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01555142
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0106
IRS990/PYOtherExpensesAmt01334557
IRS990/PYOtherRevenueAmt0-2971
IRS990/PYProgramServiceRevenueAmt0449030
IRS990/PYRevenuesLessExpensesAmt0-18165
IRS990/PYSalariesCompEmpBnftPaidAmt0684915
IRS990/PYTotalExpensesAmt02019472
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02001307
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0290674
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt099159
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/CurrentTaxYearAmt0655977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01555142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0351795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0510261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0233159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03306334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0328
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0277
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0254
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021801
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022766
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0801611
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0197959
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0449030
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0373940
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09976
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09288
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01040193
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66070
IRS990ScheduleA/PublicSupportPY170Pct00.71420
IRS990ScheduleA/PublicSupportTotal170Amt02886597
IRS990ScheduleA/SubstantialContributorsTotAmt0419737
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0655977
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01555142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0351795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0510261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0233159
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03306334
IRS990ScheduleA/TotalSupportAmt04369293
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0274222
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0166176
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0440398
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09140
IRS990ScheduleD/DonatedServicesUseFcltsAmt09140
IRS990ScheduleD/EquipmentGrp/BookValueAmt0111938
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0179751
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0291689
IRS990ScheduleD/ExpensesNotReportedAmt09140
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0887665
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt067387
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067387
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106461
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt032082
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0138543
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02055
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016837
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018892
IRS990ScheduleD/RevenueNotReportedAmt09140
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01178339
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/TotalBookValueLandBuildingsAmt0562063
IRS990ScheduleD/TotalExpensesPerForm990Amt0887665
IRS990ScheduleD/TotalRevenuePerForm990Amt01178339
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01187479
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0896805
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0117935
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0338088
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0338088

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