AnnieCannons Inc

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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

2015

Legal Domicile

Principal Officer

Laura Hackney

Phone

5107409141

Tax Period

2024-01-01 to 2024-12-31

AnnieCannons Inc, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

The Organizations mission is to train, prepare, and connect individuals who have experienced human trafficking to sustainable careers in tech. The Organizations core training and workforce development program is designed to economically empower survivors through high skills training, job readiness support, and work pathways into the technology industry.

Program Service Accomplishments

Program 1

Expenses: $1,606,611 Revenue: $233,339

AnnieCannons supports survivors of human trafficking by training them in software engineering and connecting them with high-demand technology careers. In 2024, AnnieCannons provided trauma-informed technical education and workforce development services to 53 survivors across the United States. Participants received over 1,100 hours of instruction through 250+ class sessions, including beginner to advanced software development, career readiness, and algorithmic problem solving. The organization supported paid project-based apprenticeships, and deployed technology platforms to improve access to services and project opportunities for survivors and partner organizations. To increase long-term sustainability and expand its reach, AnnieCannons launched its Seven City Strategy, secured its first federal grant from the Department of Justice, and refactored its entire curriculum to integrate new technologies, new pedagogical methodologies, and new forms of trauma-informed practices. Through these accomplishments, AnnieCannons continues to advance economic justice and career equity for survivors of trafficking.

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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 $1,518,574

Program Service Revenue $233,339

Investment Income $38,614

Other Revenue $0

TOTAL REVENUE $1,790,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,726,075

Fundraising Expenses $148,175

Program Expenses $1,606,611

Other Expenses $356,079

TOTAL EXPENSES $2,082,154

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,790,527	$2,124,545	-0.2%
Expenses	$2,082,154	$1,400,781	+0.5%
Net Income	$-291,627	$723,764	-1.4%

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

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

$116,090

Total Directors

$158,632

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Hackney	CEO	40.00	Officer Director	$102,462	$13,628	$116,090
Tanya Thomas	Director	25.00	Director	$24,175	$18,367	$42,542
Lawrence Cole	Board Chair	1.00	Officer Director	$0	$0	$0
Min Matson	Treasurer	1.00	Officer Director	$0	$0	$0
McKinley Smith	Secretary	1.00	Officer Director	$0	$0	$0
Sarina Beges	Director	1.00	Director	$0	$0	$0
Carla McIntosh	Director	1.00	Director	$0	$0	$0
Nuri Djavit	Director	1.00	Director	$0	$0	$0
Kia Conerway	Director	1.00	Director	$0	$0	$0
Maru Colbert	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	$1,790,527	$2,082,154	$2,099,926	$-291,627
2023	$2,124,545	$1,400,781	$2,305,338	$723,764
2022	$903,798	$1,779,647	$1,545,612	$-875,849
2021	$2,192,292	$1,598,873	$2,443,743	$593,419
2020	$1,917,803	$1,426,397	$1,847,283	$491,406
2019	$1,322,045	$885,962	$1,331,605	$436,083
2018	$1,163,822	$576,467	$876,278	$587,355