ICAN FUND 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

2018

Legal Domicile

Phone

9177218826

Tax Period

2023-01-01 to 2023-12-31

ICAN FUND INC, founded in 2018, is a micro nonprofit in the International Affairs sector that reported $89K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $590K exceeded revenue, resulting in a 562% operating deficit.

Mission

ICAN Fund Inc. seeks to educate and inform others about the catastrophic humanitarian consequences of nuclear weapons the Treaty on the Prohibition of Nuclear Weapons TPNW and related topics. In support of other organizations ICAN Fund Inc. provides grants to advance programs and activities related to the stigmatization abolition or elimination of nuclear weapons.

Program Service Accomplishments

Program 1

Expenses: $590,000 Revenue: $0

Pursuant to a Program Funding Agreement between ICAN Fund Inc. and the International Campaign to Abolish Nuclear Weapons ICAN ICAN Fund Inc. has supported ICAN in connection with general objectives of ICANs campaign to stigmatize prohibit and eliminate nuclear weapons as well as specific objectives such as supporting the implementation and universalization of the Treaty on the Prohibition of Nuclear Weapons TPNW.

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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 $89,149

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $89,149

Expense Breakdown

Grants Paid $590,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $590,000

Other Expenses $433

TOTAL EXPENSES $590,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,149	$1,062,851	-0.9%
Expenses	$590,433	$550,542	+0.1%
Net Income	$-501,284	$512,309	-2.0%

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

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
IRA HELFAND	DIRECTOR VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
SETH SHELDEN	DIRECTOR PRESIDENT	5.00	Officer Director	$0	$0	$0
ADRIANA ZHAN	DIRECTOR TREASURER	0.50	Officer Director	$0	$0	$0
SALLY JONES	DIRECTOR	0.50	Director	$0	$0	$0
SARAH WITMER	DIRECTOR SECRETARY	0.50	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	$89,149	$590,433	$132,609	$-501,284
2022	$1,062,851	$550,542	$633,893	$512,309