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Connexus Association Inc

EIN 61-1473074 · Wausau, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong97 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PURPOSE OF CONNEXUS ASSOCIATION IS TO PROVIDE SCHOLARSHIPS FOR EDUCATION, TO ASSIST EDUCATIONAL INSTITUTIONS AND TO PROVIDE FINANCIAL LITERACY EDUCATION TO HELP BORROWERS AND SAVERS REACH THEIR FINANCIAL GOALS. IN A LIMITED FASHION, THE ASSOCIATION MAY ALSO ENGAGE IN ANY CHARITABLE ACTIVITY RECOGNIZED IN I.R.C. 501(C)(3).

Income
$429,575
Spending
$406,128
Spent on programs
88%
Reserves
33.9 months of spending
Largest source of income
donations and private grants, 91%
Employees
1
Highest pay
$18,500, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 33.9 months of spending.

  • Debt

    20 of 20

    It owes 5% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    0 of 15

    Income fell 27% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 97 out of 100. Higher than 93% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $357,761 spent. FOR 2024 CONNEXUS ASSOCIATION CONTINUED THE SCHOLARSHIP PROGRAM GIVING OUT 33 - 1,000 SCHOLARSHIPS TO HIGH SCHOOL SENIORS. AN ADDITIONAL 20,000 WAS DISTRIBUTED TO NORTHCENTRAL TECHNICAL COLLEGE (NTC) AND UTILIZED FOR CONNEXUS ASSOCIATION'S SCHOLARSHIP PROGRAM WITH NTC, INCOME-BASED SCHOLARSHIPS, AND THE STUDENT EMERGENCY GRANT PROGRAM. AS ALWAYS, EDUCATION REMAINS ONE OF OUR MOST IMPORTANT MISSIONS. IN THE LAST MONTHS OF 2024, THE BOARD OF DIRECTORS FOR CONNEXUS ASSOCIATION VOTED TO CONTINUE PROVIDING FUNDING AND SCHOLARSHIPS FOR THE LOCAL SCHOOLS. DURING 2024, CONNEXUS DONATED OVER 20,000 TO 8 LOCAL SCHOOLS FOR EDUCATIONAL PURPOSES. WE ALSO CONTINUED TO PROVIDE FREE FINANCIAL LITERACY COURSES TO OUR MEMBERS THROUGH OUR PARTNERSHIP WITH EVERFI. LASTLY, WE DONATED OVER 10K TO OTHER INSTITUTIONS TO SUPPORT STEM AND READING PROGRAMS. WE DIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION INCLUDING 27,500 TO VARIOUS JUNIOR ACHIEVEMENT OFFICES WITH THOUSANDS MORE DOLLARS GRANTED TO ORGANIZATIONS WHICH WOULD INDIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION. FOR 2024 CONNEXUS ASSOCIATION CONTINUED THE SCHOLARSHIP PROGRAM GIVING OUT 33 - 1,000 SCHOLARSHIPS TO HIGH SCHOOL SENIORS. AN ADDITIONAL 20,000 WAS DISTRIBUTED TO NORTHCENTRAL TECHNICAL COLLEGE (NTC) AND UTILIZED FOR CONNEXUS ASSOCIATION'S SCHOLARSHIP PROGRAM WITH NTC, INCOME-BASED SCHOLARSHIPS, AND THE STUDENT EMERGENCY GRANT PROGRAM. AS ALWAYS, EDUCATION REMAINS ONE OF OUR MOST IMPORTANT MISSIONS. IN THE LAST MONTHS OF 2024, THE BOARD OF DIRECTORS FOR CONNEXUS ASSOCIATION VOTED TO CONTINUE PROVIDING FUNDING AND SCHOLARSHIPS FOR THE LOCAL SCHOOLS. DURING 2024, CONNEXUS DONATED OVER 20,000 TO 8 LOCAL SCHOOLS FOR EDUCATIONAL PURPOSES. WE ALSO CONTINUED TO PROVIDE FREE FINANCIAL LITERACY COURSES TO OUR MEMBERS THROUGH OUR PARTNERSHIP WITH EVERFI. LASTLY, WE DONATED OVER 10K TO OTHER INSTITUTIONS TO SUPPORT STEM AND READING PROGRAMS. WE DIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION INCLUDING 27,500 TO VARIOUS JUNIOR ACHIEVEMENT OFFICES WITH THOUSANDS MORE DOLLARS GRANTED TO ORGANIZATIONS WHICH WOULD INDIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2006.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.