I CAN YOU CAN WE CAN INC (EIN 462857936) - 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

2018

Legal Domicile

Principal Officer

ROGER FRANKLIN

Phone

4179321223

Tax Period

2024-01-01 to 2024-12-31

I CAN YOU CAN WE CAN INC, founded in 2018, is a micro nonprofit in the Human Services sector that reported $8K in total revenue in fiscal year 2024. Revenue surged 130533% from the prior year, signaling strong growth momentum. Expenses of $69K exceeded revenue, resulting in a 774% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE ASSISTANCE TO THOSE IN NEED OF ESSENTIAL ITEMS AND TO SUPPORT LOCAL NONPROFIT ORGANIZATIONS.

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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 $0

Program Service Revenue $7,838

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,042

Other Expenses $68,517

TOTAL EXPENSES $68,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,838	$6	+1305.3%
Expenses	$68,517	$8,255	+7.3%
Net Income	$-60,679	$-8,249	+6.4%

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
LANDON FRANKLIN	DIRECTOR	N/A	Director	$0	$0	$0
LELA FRANKLIN	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
ROGER FRANKLIN	PRESIDENT	N/A	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
2024	$7,838	$68,517	$51,594	$-60,679
2023	$6	$8,255	$112,273	$-8,249
2022	$6	$3,828	$120,522	$-3,822
2021	No data	$2,923	$124,344	No data
2020	$125,000	$1,846	$127,267	$123,154

I CAN YOU CAN WE CAN INC