E C Canada & Associates Inc (EIN 562174308) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Ethelean Canada

Phone

3366329498

Tax Period

2023-01-01 to 2023-12-31

E C Canada & Associates Inc, founded in 1996, is a community nonprofit in the Human Services sector that reported $5.7M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

EC CANADA & ASSOCIATES, INC. was organized exclusively for eductional (child care) purposes, including the assistance of the Low Income Child Care Centers in obtaining Federal Funds to improve Nutritional Status of children by assisting in program approval, training and monitoring of the Child Care Feeding Programs.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,678,265

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,678,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $394,548

Fundraising Expenses $0

Program Expenses $5,446,259

Other Expenses $5,142,603

TOTAL EXPENSES $5,537,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,678,265	$4,952,828	+0.1%
Expenses	$5,537,151	$4,895,549	+0.1%
Net Income	$141,114	$57,279	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$256,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ethelean Canada	COO	55.00	Officer	$142,084	$0	$142,084
Dwight Canada	CFO	45.00	Officer	$114,461	$0	$114,461
Dwayne Fraser	Chairman	1.00	Officer Director	$0	$0	$0
Freddie Stocks	Director	1.00	Director	$0	$0	$0
Joyce Fairley	Secretary	1.00	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
2024	No data	No data	No data	No data
2023	$5,678,265	$5,537,151	$427,943	$141,114
2022	$4,952,828	$4,895,549	$286,829	$57,279
2021	$4,504,238	$4,402,544	$229,550	$101,694
2020	$4,705,907	$4,660,636	$127,856	$45,271
2019	$5,058,108	$5,073,293	$958,138	$-15,185
2018	$4,006,010	$4,287,139	$267,433	$-281,129

E C Canada & Associates Inc