CANNEDWATER4KIDS INC

EIN: 262173180 501(c)(3) Human Services

SUSSEX, WI

Total Revenue
$98,873
Total Expenses
$165,330
Total Assets
$452,724
Net Assets
$382,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WI
Principal Officer
GREGORY STROMBERG
Phone
4147912450
Tax Period
2025-01-01 to 2025-12-31

CANNEDWATER4KIDS INC, founded in 2008, is a micro nonprofit in the Human Services sector that reported $99K in total revenue in fiscal year 2025. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $165K exceeded revenue, resulting in a 67% operating deficit.

Mission

TO PROVIDE CLEAN AND SAFE WATER (CANNED) TO THOSE IN NEED OF CLEAN WATER BOTH DOMESTICALLY AND INTERNATIONAL, ESPECIALLY IN AREAS WHERE NATURAL DISASTERS HAVE OCCURED, AND IN THIRD WORLD NATIONS WHICH LACK A CLEAN WATER SUPPLY.WE FURTHER PROVIDE EDUCATION ON SUBJECTS USEFUL AND BENEFICIAL TO INDIVIDUALS AND COMMUNITIES TO PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED IN THIRD WORLD NATIONS. THE MAIN FOCUS OF WHICH REVOLVES AROUND THE NEED FOR CLEAN WATER.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $15,834
Program Service Revenue $0
Investment Income $4,683
Other Revenue $78,356
TOTAL REVENUE $98,873

Expense Breakdown

Grants Paid $46,957
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $154,338
Other Expenses $118,373
TOTAL EXPENSES $165,330

Year-over-Year Comparison

2025 2024 Change
Revenue $98,873 $173,824 -0.4%
Expenses $165,330 $139,495 +0.2%
Net Income $-66,457 $34,329 -2.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
9
Employees
N/A
Volunteers
10

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
2
$32,665
Total Directors
11
$32,665
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY STROMBERG PRESIDENT 5.00
Officer Director
$0 $0 $0
PETER GORMAN SECRETARY 1.00
Officer Director
$32,665 $0 $32,665
MICHELLE KOUBA DIRECTOR 1.00
Director
$0 $0 $0
MOE MUKIIBI DIRECTOR 1.00
Director
$0 $0 $0
STACY JONES DIRECTOR 1.00
Director
$0 $0 $0
JASON ROESLEIN DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY GRAVLEE DIRECTOR TIL 6-9-25 1.00
Director
$0 $0 $0
RONALD RAGAN DIRECTOR 1.00
Director
$0 $0 $0
LINDA HOLLANDER DIRECTOR 1.00
Director
$0 $0 $0
MARISSA JABLONSKI DIRECTOR 1.00
Director
$0 $0 $0
AARON OLSON 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 $98,873 $165,330 $452,724 $-66,457
2024 $173,824 $139,495 $532,630 $34,329
2023 $222,478 $166,865 $498,701 $55,613
2022 $328,800 $185,872 $441,059 $142,928
2021 $270,540 $176,682 $360,245 $93,858
2020 $267,996 $183,899 $343,201 $84,097
2019 $124,681 $226,832 $184,387 $-102,151
2018 $315,820 $206,038 $279,688 $109,782
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