Canaan Child Care Inc (EIN 060931866) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

Linda King

Phone

8608240597

Tax Period

2024-07-01 to 2025-06-30

Canaan Child Care Inc, founded in 2008, is a small nonprofit that reported $414K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

Preschool and Childcare Services

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,772

Program Service Revenue $356,272

Investment Income $61

Other Revenue $0

TOTAL REVENUE $414,105

Expense Breakdown

Grants Paid $2,034

Salaries & Benefits $330,724

Fundraising Expenses $0

Program Expenses $419,473

Other Expenses $90,206

TOTAL EXPENSES $422,964

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,105	$310,548	+0.3%
Expenses	$422,964	$382,358	+0.1%
Net Income	$-8,859	$-71,810	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$12,387

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda C King	President	3.00	Officer	$0	$0	$0
Corrine Hammond	Vice President	1.00	Officer	$0	$0	$0
Wendy Kennedy	Treasurer	8.00	Officer	$12,387	$0	$12,387
Stephenaie Tierney	Director	1.00	Director	$0	$0	$0
Frances Chapell	Key Employee	45.00	Key Emp Highest	$0	$0	$0
Maribeth Marchi	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$414,105	$422,964	$207,133	$-8,859
2024	$310,548	$382,358	$215,992	$-71,810
2023	$398,600	$423,215	$274,285	$-24,615
2022	$521,691	$377,768	$298,900	$143,923
2021	$293,865	$303,465	$154,977	$-9,600
2020	$260,573	$262,170	$161,571	$-1,597
2019	$246,662	$274,089	$109,313	$-27,427

Canaan Child Care Inc