Canaan Foundation (EIN 883025636) - 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

2022

Legal Domicile

Principal Officer

DeWin Madill

Phone

4065393217

Tax Period

2022-01-01 to 2022-12-31

Canaan Foundation, founded in 2022, is a small nonprofit in the International Affairs sector that reported $364K in total revenue in fiscal year 2022. The organization ran a surplus of $322K, a strong 89% operating margin.

Mission

To be organized and operated exclusively for charitable, educational, and religous purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986 and the Regulations thereunder, as they now exist or as they may hereafter be amended. Specifically, and without limitaion,the Corporation shall provide relief for the poor and distressed and of the underprivileged and the advancement of religion.

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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 (2022)

Revenue Breakdown

Contributions & Grants $364,300

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $364,300

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,090

Other Expenses $26,822

TOTAL EXPENSES $41,822

Year-over-Year Comparison

	2022	2021	Change
Revenue	$364,300	N/A	N/A
Expenses	$41,822	N/A	N/A
Net Income	$322,478	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Temesgen Fessehaye	President	40.00	Officer Director	$0	$0	$0
Dewin Madill	Secretary-Treas	1.00	Officer Director	$0	$0	$0
Jerry Francisco	Director	1.00	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
2022	$364,300	$41,822	$322,478	$322,478

Canaan Foundation