CANAAN ORPHANAGE (EIN 205919267) - 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

2006

Legal Domicile

Principal Officer

CHRISTOPHER HLAVACEK

Phone

4172632240

Tax Period

2024-01-01 to 2024-12-31

CANAAN ORPHANAGE, founded in 2006, is a micro nonprofit in the International Affairs sector that reported $49K in total revenue in fiscal year 2024. Expenses of $64K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE ORGANIZATION EXISTS TO ASSIST DISADVANTAGED INDIVIDUALS OF HAITI THROUGH MEDICAL, EDUCATIONAL, NUTRITIONAL AND SPIRITUAL SUPPORT.

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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 $49,335

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $49,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $696

Program Expenses $63,438

Other Expenses $64,134

TOTAL EXPENSES $64,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,335	$51,086	0.0%
Expenses	$64,134	$68,976	-0.1%
Net Income	$-14,799	$-17,890	-0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SETH BIBLE	DIRECTOR	N/A	Director	$0	$0	$0
JOEL BUSBY	DIRECTOR	N/A	Director	$0	$0	$0
WAYNE HLAVACEK CPA	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTOPHER HLAVACEK	VICE PRES	2.00	Officer Director	$0	$0	$0
LACEY LANDWEHR	DIRECTOR	N/A	Director	$0	$0	$0
ANTHONY HLAVACEK MD	DIRECTOR	N/A	Director	$0	$0	$0
RIC BONNELL MD	DIRECTOR	N/A	Director	$0	$0	$0
SARAH HLAVACEK PA	DIRECTOR	N/A	Director	$0	$0	$0
RICKY PARADISE	DIRECTOR	N/A	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
2024	$49,335	$64,134	$88,779	$-14,799
2023	$51,086	$68,976	$103,578	$-17,890
2022	$59,015	$73,278	$121,468	$-14,263
2021	$95,007	$88,198	$135,731	$6,809
2020	$89,974	$72,845	$128,922	$17,129
2019	$121,690	$97,777	$111,793	$23,913
2018	$106,650	$87,599	$87,880	$19,051

CANAAN ORPHANAGE