ICAN-USA DISTRICT SOCIETY INC (EIN 263094410) - 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

2000

Legal Domicile

Principal Officer

PAUL AIYEYOMI

Phone

6785080605

Tax Period

2019-01-01 to 2019-12-31

ICAN-USA DISTRICT SOCIETY INC, founded in 2000, is a small nonprofit in the Education sector that reported $233K in total revenue in fiscal year 2019. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 27% operating margin.

Mission

Organization is a professional association of accountant with a mission of education, techincal and professional networking support for its members.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,545

Program Service Revenue $227,412

Investment Income $0

Other Revenue $0

TOTAL REVENUE $232,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,013

Other Expenses $162,198

TOTAL EXPENSES $169,017

Year-over-Year Comparison

	2019	2018	Change
Revenue	$232,957	$172,319	+0.4%
Expenses	$169,017	$172,010	0.0%
Net Income	$63,940	$309	+205.9%

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

N/A

Volunteers

N/A

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
Kemi Akosa-Ofili	Chairman	005.00	Officer Director	$0	$0	$0
Anthony Adeyemo	Vice Chaiman	005.00	Officer Director	$0	$0	$0
Mohammed Ibrahim	General Secretary	005.00	Officer Director	$0	$0	$0
Paul Aiyeyomi	Treasurer	005.00	Officer Director	$0	$0	$0
Chris Okafor	Director	005.00	Officer Director	$0	$0	$0
Modupe Agbelusi-Otusanya	Director	003.00	Officer Director	$0	$0	$0
Olayinka Olaoye	Director	003.00	Officer Director	$0	$0	$0
Tunde Adewole	Director	003.00	Officer Director	$0	$0	$0
Sunday Akinola	Director	003.00	Officer 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
2019	$232,957	$169,017	$134,399	$63,940

ICAN-USA DISTRICT SOCIETY INC