CANI'S CENTER FOR COMMUNITY AND ECONOMIC DEVELOPMENT INC (EIN 453914271) - 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

2011

Legal Domicile

Principal Officer

STEPHEN HOFFMAN

Phone

2604233546

Tax Period

2023-11-01 to 2024-10-31

CANI'S CENTER FOR COMMUNITY AND ECONOMIC DEVELOPMENT INC, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $957K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES PRIMARILY OF COMMUNITY ACTION OF NORTHEAST INDIANA, INC. ("CANI").

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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 (2023)

Revenue Breakdown

Contributions & Grants $690,690

Program Service Revenue $91,509

Investment Income $175,135

Other Revenue $0

TOTAL REVENUE $957,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $837,728

Other Expenses $949,322

TOTAL EXPENSES $949,322

Year-over-Year Comparison

	2023	2022	Change
Revenue	$957,334	$719,520	+0.3%
Expenses	$949,322	$816,385	+0.2%
Net Income	$8,012	$-96,865	-1.1%

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

$562,120

Total Directors

$723,107

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN HOFFMAN	BOARD PRESIDENT	2.00	Officer Director	$0	$40,596	$240,022
VERONICA MERTZ	BOARD TREASURER	2.00	Officer Director	$0	$30,141	$165,108
PAMELA BROOKSHIRE	DIRECTOR	1.00	Director	$0	$21,071	$160,987
MATTHEW CROUCH	BOARD SECRETARY	2.00	Officer Director	$0	$28,983	$156,990
JESSE BEASLEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN BLEVINS	DIRECTOR	1.00	Director	$0	$0	$0
ROHLI BOOKER	DIRECTOR	1.00	Director	$0	$0	$0
LAJUANA DUNBAR	DIRECTOR	1.00	Director	$0	$0	$0
DAWN GALLAWAY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KESSLER	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN LIBEY	DIRECTOR	1.00	Director	$0	$0	$0
JOE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
MITCH SHEPPARD	DIRECTOR	1.00	Director	$0	$0	$0
CECILE WEIR	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
2024	$957,334	$949,322	$3,392,635	$8,012
2023	$719,520	$816,385	$1,626,613	$-96,865
2022	$817,071	$791,492	$1,436,369	$25,579
2021	$458,705	$471,883	$1,416,148	$-13,178
2020	$111,318	$92,530	$964,078	$18,788
2019	$98,666	$215,542	$932,300	$-116,876
2018	$508,844	$113,203	$1,027,910	$395,641

CANI'S CENTER FOR COMMUNITY AND ECONOMIC DEVELOPMENT INC