The Can Bar INC

EIN: 850837926 501(c)(3) Human Services

Los Angeles, CA

Total Revenue
$90,488
Total Expenses
$438,130
Total Assets
N/A
Net Assets
$-347,642
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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
CA
Principal Officer
CURT THOMAS
Tax Period
2022-01-01 to 2022-12-31

The Can Bar INC, founded in 2018, is a micro nonprofit in the Human Services sector that reported $90K in total revenue in fiscal year 2022. Expenses of $438K exceeded revenue, resulting in a 384% operating deficit.

Mission

Mommas House addresses supportive housing for people in Los Angeles County. Designed to provide up to 90 days of Transitional housing and client case management for individuals in need. Our Housing Program is offered through various community-based programs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $148,700
Program Service Revenue $0
Investment Income $0
Other Revenue $-58,212
TOTAL REVENUE $90,488

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,739
Fundraising Expenses $0
Program Expenses $289,208
Other Expenses $218,391
TOTAL EXPENSES $438,130

Year-over-Year Comparison

2022 2021 Change
Revenue $90,488 N/A N/A
Expenses $438,130 N/A N/A
Net Income $-347,642 N/A N/A
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH HAWKINS SHORT TRUSTEE 0.00
$0 $0 $0
CURT THOMAS CEO 0.00
Officer
$0 $0 $0
MATTHEW SIMS THOMAS OFFICER 0.00
Officer
$0 $0 $0
ROCHELLE MCDANIELS OFFICER 0.00
Officer
$0 $0 $0
DARLENE J PAGE OFFICER 0.00
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
2022 $90,488 $438,130 No data $-347,642
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