CANERS FOUNDATION ENDOWMENT FOR RESEARCH AND SCHOLARSHIP (EIN 942819022) - 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

1982

Legal Domicile

Principal Officer

CHRIS ZANOBINI

Phone

9164483900

Tax Period

2023-01-01 to 2023-12-31

CANERS FOUNDATION ENDOWMENT FOR RESEARCH AND SCHOLARSHIP, founded in 1982, is a small nonprofit that reported $122K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $191K exceeded revenue, resulting in a 57% operating deficit.

Mission

TO DISTRIBUTE RESEARCH GRANTS IN THE FIELD OF HORTICULTURE AND ITS RELATED CULTURAL SCIENCES, AND FUND ACADEMIC SCHOLARSHIP AWARDS TO FOSTER DEVELOPMENT WITHIN THE HORTICULTURAL INDUSTRY.

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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 $2,090

Program Service Revenue $0

Investment Income $119,964

Other Revenue $0

TOTAL REVENUE $122,054

Expense Breakdown

Grants Paid $157,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $157,750

Other Expenses $33,738

TOTAL EXPENSES $191,488

Year-over-Year Comparison

	2023	2022	Change
Revenue	$122,054	$298,388	-0.6%
Expenses	$191,488	$193,745	0.0%
Net Income	$-69,434	$104,643	-1.7%

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
AARON DILLON	CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT KLITTICH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RUSS SATAKE	TRUSTEE	0.50	Director	$0	$0	$0
BUZZ BERTOLERO	TRUSTEE	0.50	Director	$0	$0	$0
JOSH KAWAHARA	TRUSTEE	0.50	Director	$0	$0	$0
ASHLEY ROSSI	TRUSTEE	0.50	Director	$0	$0	$0
TOM COURTRIGHT	TRUSTEE	0.50	Director	$0	$0	$0
CLAYTON SMITH	TRUSTEE	0.50	Director	$0	$0	$0
NICOLE FIELDING	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS ZANOBINI	SECRETARY/TR	2.00	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
2024	No data	No data	No data	No data
2023	$122,054	$191,488	$3,745,315	$-69,434
2022	$298,388	$193,745	$3,485,835	$104,643
2021	$312,860	$169,440	$4,103,723	$143,420
2020	$81,251	$142,444	$3,810,562	$-61,193
2019	$96,973	$138,614	$3,533,872	$-41,641
2018	$174,923	$224,348	$3,112,936	$-49,425

CANERS FOUNDATION ENDOWMENT FOR RESEARCH AND SCHOLARSHIP