ICAN DREAM FOUNDATION INC (EIN 863210808) - 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

2021

Legal Domicile

Principal Officer

EVISHA FORD

Phone

7087984200

Tax Period

2023-01-01 to 2023-12-31

ICAN DREAM FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $421K in total revenue in fiscal year 2023. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $327K, a strong 78% operating margin.

Mission

THE ICAN DREAM FOUNDATION STRIVES TO EXPAND THE EDUCATIONAL AND SOCIAL MISSION OF THE ICAN DREAM CENTER BY PROVIDING FINANCIAL BACKING BEYOND THE MEANS OF THEIR PUBLIC FUNDING, AND BY FOSTERING LONG-TERM COMMUNITY PARTNERSHIPS.

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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 $433,992

Program Service Revenue $0

Investment Income $0

Other Revenue $-12,979

TOTAL REVENUE $421,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,395

Other Expenses $94,183

TOTAL EXPENSES $94,183

Year-over-Year Comparison

	2023	2022	Change
Revenue	$421,013	$186,451	+1.3%
Expenses	$94,183	$77,049	+0.2%
Net Income	$326,830	$109,402	+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

$191,000

Total Directors

$191,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR EVISHA FORD	EXECUTIVE DIRECTOR/PRESIDENT	25.00	Officer Director	$0	$0	$191,000
NEESHA STRINGFELLOW	SECRETARY	1.00	Officer Director	$0	$0	$0
JARED ROGERS	TREASURER	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	$421,013	$94,183	$470,327	$326,830
2022	$186,451	$77,049	$143,346	$109,402

ICAN DREAM FOUNDATION INC