Overview
What is K-Connect C/O Fusion Business Services?
K-Connect C/O Fusion Business Services is a nonprofit organization situated in Grand Rapids, Michigan. Its primary focus is on enhancing student achievement across Kent County. To achieve this goal, K-Connect has established diverse workgroups and served as a collective impact model nationwide, emphasizing equity in all phases of their work. They have diversified their funding sources, extending it to both state and national funders. Furthermore, they have functioned as content experts, advising various collective impact initiatives at local, state, and national levels. Moving forward, K-Connect plans to build capacity around policy and advocacy, as well as community engagement workgroups, to continue strengthening systems in Kent County. As the new year approaches, they will initiate a strategic framework process, leading to an updated version of their common agenda and roadmap. Additionally, K-Connect continues to populate indicators and success measures on their data dashboard, providing insights into community gaps through their workplan. With a team of five dedicated individuals, K-Connect is committed to ensuring all children in Kent County have a path to economic prosperity through family, quality education, and community support.
Official website here: www.k-connect.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
K-Connect C/O Fusion Business Services has achieved an impressive 96% score on Charity Navigator, indicating a strong level of accountability and financial health. This rating is based entirely on their Accountability & Finance score, reflecting their commitment to transparency and responsible management of resources. The organization has an independent board composed of 13 members, enhancing its governance structure.
The nonprofit demonstrates excellent practices, including a robust audit and oversight committee and multiple policies in place, such as conflict of interest and whistleblower protections. With a program expense ratio of 80.68%, the majority of their funds are directed towards programs, showcasing their effectiveness in utilizing donations to achieve their mission.
A few notable strengths further enhance K-Connect's profile, such as their low liabilities to assets ratio of 12.65%, indicating financial stability. However, despite the commendable rating, it is crucial for potential donors to consider ongoing performance and community impact when making contributions. Overall, K-Connect appears to be a trustworthy organization dedicated to fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is K-Connect C/O Fusion Business Services legitimate?
K-Connect C/O Fusion Business Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. K-Connect C/O Fusion Business Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $139,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,349
For more financial information, click here
Official website here: www.k-connect.org
What is the mission statement of K-Connect C/O Fusion Business Services?
The mission of K-Connect C/O Fusion Business Services, centered around increasing student achievement in Kent County, is to ensure that all children in the area have a clear path to economic prosperity. This is achieved through a focus on family, quality education, and community supports. K-Connect has built capacity, diversified workgroups, and served as a collective impact model across the country, while centering equity in all phases of their work. They have diversified their funding sources to both state and national funders, and have acted as content experts, advising local, state, and national collective impact initiatives. Moving forward, K-Connect will focus on building capacity around policy and advocacy, and community engagement workgroups, to continue building systems in Kent County. As they enter the new year, they will also begin a strategic framework process, leading to an updated version of their common agenda and roadmap. Additionally, K-Connect will continue to populate indicators and success measures on their data dashboard, visualizing community gaps through their workplan.
Official website here: www.k-connect.org
Who is the CEO of K-Connect C/O Fusion Business Services?
Salvador Lopez is the President/Exec Director of K-Connect C/O Fusion Business Services.
Official website here: www.k-connect.org
What is the revenue of K-Connect C/O Fusion Business Services?
K-Connect C/O Fusion Business Services's revenue in 2022 was $539,869.
Official website here: www.k-connect.org
Who are the executives of K-Connect C/O Fusion Business Services and what are their salaries?
The average compensation at K-Connect C/O Fusion Business Services during 2022 was $82,298. There are 5 employees and 183 volunteers at K-Connect C/O Fusion Business Services.
Here are 13 key members and their salaries:
- Compensation: $120,969
- Related: $0
- Other: $15,540
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- Other: $0
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- Other: $0
Official website here: www.k-connect.org
Where can I find the form 990 for K-Connect C/O Fusion Business Services?
K-Connect C/O Fusion Business Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.k-connect.org
Learn more at the official website: www.k-connect.org
Mission Statement of K-Connect C/O Fusion Business Services
K-Connect C/O Fusion Business Services is dedicated to enhancing student achievement across Kent County. Their mission is centered around ensuring that every child in the region has a clear pathway to economic prosperity. This is achieved through a focus on family, quality education, and community supports. In essence, K-Connect seeks to empower children by providing them with the necessary tools and resources to thrive both academically and economically.
To achieve this mission, K-Connect has built capacity, diversified its workgroups, and served as a collective impact model across the country. They have also centered equity in all phases of their work, ensuring that their initiatives are inclusive and beneficial to all children in Kent County. K-Connect has secured funding from both state and national sources, acting as content experts to advise various collective impact initiatives.
In the new year, K-Connect is planning to focus on building capacity within their policy and advocacy, and community engagement workgroups. This will help them continue to develop and strengthen systems in Kent County. They are also initiating a strategic framework process, which will result in an updated version of their common agenda and roadmap. Additionally, K-Connect will continue to populate indicators and success measures on their data dashboard, allowing them to visualize community gaps through their workplan.
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Impact
July, 2024
K-Connect C/O Fusion Business Services has had a significant impact on increasing student achievement throughout Kent County. Their work has focused on building capacity, diversifying workgroups, and serving as a collective impact model across the country. By centering equity in all phases of their work, they have been able to attract funding from state and national sources and provide valuable insights to collective impact initiatives at local, state, and national levels. Additionally, their emphasis on policy and advocacy, community engagement, and strategic planning has helped in building a strong support system for students in Kent County. Through their data dashboard and workplan, K-Connect has been able to identify and address community gaps to ensure that all children in the county have opportunities for economic prosperity through family, quality education, and community supports.
This information is meant to be a general summary of K-Connect C/O Fusion Business Services. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $66,000
- Gross Receipts: $539,869
Assets and Liabilities:
- Total Assets: $1,867,663
- Total Liabilities: $569,971
- Net Assets: $1,297,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN FEE
Revenue
$56,000
CONSULTING REVENUE
Revenue
$10,000
Organization Details
Founding Year
2013
Phone
(616) 242-9700Principal Officer
Salvador Lopez
Main Address
401 HALL ST SW 385, GRAND RAPIDS, MI, 49503
Website
www.k-connect.orgNTEE Category
Code: B99 - Education
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