Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CONAXION INC is a nonprofit organization dedicated to empowering historically excluded communities by providing them with the knowledge, resources, and support needed to build sustainable businesses and create generational wealth. With an operating budget of $222.3K and total revenue of $343.8K for the 2024 filing year, the organization relies on key funders such as LOCAL INITIATIVES SUPPORT CORPORATION and CHRIST-CENTERED MINISTRIES to support its mission. For more information, visit their website at CONAXION.ORG.

Mission Statement

TO EMPOWER HISTORICALLY EXCLUDED COMMUNITIES BY PROVIDING THEM WITH KNOWLEDGE, RESOURCES AND SUPPORT, NEEDED TO BUILD SUSTAINABLE BUSINESSES TO CREATE GENERATIONAL WEALTH WITHIN THEIR COMMUNITIES.
Revenues
$343.8K
Expenses
$222.8K
Net Income:
+$121K
Assets
$153.7K
Liabilities
$153.7K
Net Assets:
+$0
Operating Budget
$222.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$75K
Largest grant received
$75K
A
Alex Lam
Board Member
O
Oscar Aguayo
Board Member
M
Marco Garza
Executive

Frequently Asked Questions

What is CONAXION INC’s budget?
In 2024, CONAXION INC reported an annual operating budget of around $222 thousand. More detailed financial information is available to registered users.
What causes does CONAXION INC support?
CONAXION INC supports work in Human services.
Where does CONAXION INC operate?
CONAXION INC is headquartered in Los Angeles, CA.
Who funded CONAXION INC recently?
In 2023, CONAXION INC received grants from LOCAL INITIATIVES SUPPORT CORPORATION and CHRIST-CENTERED MINISTRIES. More information on this organization’s funders is available to registered users.
What is the largest grant CONAXION INC received in 2023?
The largest grant to CONAXION INC in 2023 exceeds $75 thousand.
What is CONAXION INC’s reliance on government grants?
CONAXION INC relied on government grants for more than 95% of their total revenue in 2024.