COMMUNITY ASSISTANCE NETWORK INC (EIN 520823186) - 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

1965

Legal Domicile

Principal Officer

WILLIAM WELLS

Phone

4102854674

Tax Period

2023-10-01 to 2024-09-30

COMMUNITY ASSISTANCE NETWORK INC, founded in 1965, is a community nonprofit in the Human Services sector that reported $8.4M in total revenue in fiscal year 2023.

Mission

THE COMMUNITY ASSISTANCE NETWORK, INC. (CAN)'S MISSION IS TO WORK IN PARTNERSHIP WITH THE COMMUNITY TO DEVELOP, OPERATE, AND SUPPORT PROGRAMS THAT REDUCE VULNERABILITY AND EMPOWER PERSONAL GROWTH, DIGNITY, STABILITY AND SELF-SUFFICIENCY AMONG PEOPLE IN BALTIMORE COUNTY EXPERIENCING ECONOMIC CHALLENGES.

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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 $8,344,810

Program Service Revenue $53,751

Investment Income $1,735

Other Revenue $-21,737

TOTAL REVENUE $8,378,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,857,533

Fundraising Expenses $47,505

Program Expenses $7,628,434

Other Expenses $3,749,190

TOTAL EXPENSES $8,606,723

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,378,559	$8,044,407	+0.0%
Expenses	$8,606,723	$8,639,639	0.0%
Net Income	$-228,164	$-595,232	-0.6%

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

128

Volunteers

385

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

$141,573

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH SHAPIRO	TREASURER	2.00	Officer Director	$0	$0	$0
HARRY T SPIKES II	PRESIDENT	2.00	Officer Director	$0	$0	$0
JULIAN E JONES JR	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRY F HICKEY ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY BLANK	BOARD MEMBER	2.00	Director	$0	$0	$0
DON ROMANO ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
REV FREDERICK WEIMERT	BOARD MEMBER	2.00	Director	$0	$0	$0
PARTICE TUCKER	SECRETARY	2.00	Officer Director	$0	$0	$0
JOE SANDERS	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICIA ISENNOCK	BOARD MEMBER	2.00	Director	$0	$0	$0
AUSTIN MERRITT	BOARD MEMBER	2.00	Director	$0	$0	$0
CHUCK FRANKLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
TERI WEATHERS	BOARD MEMBER	2.00	Director	$0	$0	$0
CORTLY WITHERSPOON	BOARD MEMBER	2.00	Director	$0	$0	$0
MITCHELL POSNER	EXECUTIVE DIRECTOR UNTIL 9/12/24	40.00	Officer	$141,573	$0	$141,573
WILLIAM WELLS	EXECUTIVE DIRECTOR AS OF 8/12/24	40.00	Officer	$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	$8,378,559	$8,606,723	$3,976,340	$-228,164
2023	$8,044,407	$8,639,639	$3,942,537	$-595,232
2022	$11,636,807	$11,165,920	$3,309,388	$470,887
2021	$8,764,138	$8,494,262	$3,357,126	$269,876
2020	$6,658,155	$6,374,045	$2,237,319	$284,110
2019	$5,483,311	$5,611,088	$1,788,806	$-127,777
2018	$5,600,171	$5,923,317	$1,652,261	$-323,146

COMMUNITY ASSISTANCE NETWORK INC