ZUnclassifiedEIN: 410128105

Connexus Energy

Ramsey, Minnesota

B-Health Score
45B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.85×
Peer Median0.87×
💰
$260.9M
Total Revenue
📊
$260.9M
Total Expenses
🏦
$222.9M
Net Assets
📋
$273.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.2%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$260,909,3442%$260,909,3442%$496,063,3641%
2022$266,851,2453%$266,851,2453%$491,977,6574%
2021$273,978,6107%$273,978,6107%$473,343,5362%
2020$255,163,1093%$255,163,1093%$462,654,7432%
2019$246,785,97312%$246,785,97312%$453,628,6692%
2018$280,543,5553%$280,543,5553%$443,862,64710%
2017$273,137,918$273,137,918$405,353,3903%
2016$272,386,6336%$272,386,6336%$393,699,9306%
2015$257,593,7095%$257,593,7095%$371,645,339
2014$270,081,2354%$270,081,2354%$370,231,7364%
2013$258,711,9361%$258,711,9361%$357,557,3291%
2012$254,996,0347%$254,996,0347%$352,302,3413%
2011$238,674,493$238,674,493$340,989,167

Frequently Asked Questions

What does Connexus Energy do?

Connexus Energy is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Connexus Energy financially healthy?

Based on our 9-metric Financial Health Score model, Connexus Energy has a score of 45/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Connexus Energy generate?

Connexus Energy reports $259.0M in annual revenue and holds $493.8M in total assets, based on IRS filings.

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