ANCAN FOUNDATION

EIN: 811588152 501(c)(3) Diseases & Disorders

TUMACACORI, AZ

Total Revenue
$255,800
Total Expenses
$52,066
Total Assets
$515,737
Net Assets
$514,442
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AZ
Principal Officer
RICHARD DAVIS
Phone
4155050924
Tax Period
2023-01-01 to 2023-12-31

ANCAN FOUNDATION, founded in 2016, is a small nonprofit in the Diseases & Disorders sector that reported $256K in total revenue in fiscal year 2023. Revenue surged 113% from the prior year, signaling strong growth momentum. The organization ran a surplus of $204K, a strong 80% operating margin.

Mission

ANCAN PROVIDES PEER-TO-PEER SUPPORT, EDUCATION AND NAVIGATION TO EMPOWER PEOPLE LIVING WITH SERIOUS AND CHRONIC CONDITIONS TO ADDRESS THEIR SITUATIONS.

Program Service Accomplishments

Program 1
Expenses: $13,655

HOSTED VIRTUAL ART LESSONS DESIGNED TO BE ACCESSIBLE TO ALL AND TO PROMOTE CAMARADERIE, RELAXATION, CREATIVITY AND MENTAL HEALTH. 12 SESSIONS OCCURRED DURING 2023, WITH ATTENDANCE RANGING BETWEEN 20...

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HOSTED VIRTUAL ART LESSONS DESIGNED TO BE ACCESSIBLE TO ALL AND TO PROMOTE CAMARADERIE, RELAXATION, CREATIVITY AND MENTAL HEALTH. 12 SESSIONS OCCURRED DURING 2023, WITH ATTENDANCE RANGING BETWEEN 20 AND 60 PARTICIPANTS EACH TIME.

Program 2
Expenses: $8,735

PROVIDED APPROXIMATELY 20 VIRTUAL SUPPORT EVENTS EACH MONTH. ABOUT 40% OF PROGRAMS ADDRESSED PROSTATE CANCER. OTHER CANCER SUPPORT DIRECTED TOWARDS THYROID, BLOOD, PANCREATIC AND RENAL MEDULLARY...

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PROVIDED APPROXIMATELY 20 VIRTUAL SUPPORT EVENTS EACH MONTH. ABOUT 40% OF PROGRAMS ADDRESSED PROSTATE CANCER. OTHER CANCER SUPPORT DIRECTED TOWARDS THYROID, BLOOD, PANCREATIC AND RENAL MEDULLARY CARCINOMA. OUTSIDE OF ONCOLOGY, ANCAN ALSO PROVIDES SUPPORT TO THOSE FACING MULTIPLE SCLEROSIS, SARCOIDOSIS AND VIRTUAL SNOW SYNDROME. MENTAL HEALTH SUPPORT CONTINUES TO EXPAND, ALONG WITH PROGRAMMING FOCUSED ON VETERANS. SUPPORT GROUP ATTENDANCE VARIES FROM 3 TO OVER 50 PARTICIPANTS. SOME GROUP SESSIONS WERE RECORDED FOR PLAYBACK ON ANCAN'S YOUTUBE CHANNEL, WHICH HOUSES OVER 761 INTERNALLY GENERATED VIDEOS WITH NEARLY 31K VIEWS, REPRESENTING OVER 7K HOURS. VIEWS HAVE INCREASED 55% SINCE 2022.

Program 3
Expenses: $3,548

PROVIDED EDUCATION, ADVOCAY AND AWARENESS THROUGH REPRESENTATION AT INDUSTRY CONFERENCES AND OPEN FORUM PRESENTATIONS CONDUCTED BY RECOGNIZED EXPERTS IN TOPICS RANGING FROM GENETIC TESTING TO BPH TO...

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PROVIDED EDUCATION, ADVOCAY AND AWARENESS THROUGH REPRESENTATION AT INDUSTRY CONFERENCES AND OPEN FORUM PRESENTATIONS CONDUCTED BY RECOGNIZED EXPERTS IN TOPICS RANGING FROM GENETIC TESTING TO BPH TO MENTAL HEALTH SUPPORT FOR MS. 6 WEBINARS WERE CONDUCTED DURING 2023.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $247,056
Program Service Revenue $0
Investment Income $8,744
Other Revenue $0
TOTAL REVENUE $255,800

Expense Breakdown

Grants Paid $513
Salaries & Benefits $0
Fundraising Expenses $1,454
Program Expenses $27,377
Other Expenses $51,553
TOTAL EXPENSES $52,066

Year-over-Year Comparison

2023 2022 Change
Revenue $255,800 $119,971 +1.1%
Expenses $52,066 $42,729 +0.2%
Net Income $203,734 $77,242 +1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
100

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM A FRANKLIN BOARD PRESIDENT N/A
Officer Director
$0 $0 $0
RICHARD M DAVIS VP BOARD MEMBER N/A
Officer Director
$0 $0 $0
TRACY M VALENTINE SECRETARYTREASURER N/A
Officer Director
$0 $0 $0
DAVID MUSLIN BOARD MEMBER N/A
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 $255,800 $52,066 $515,737 $203,734
2023 $255,800 $52,066 $515,738 $203,734
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