Can Foundation
EIN: 842245056 · Newport News, VA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $296K |
| Net Assets | $7K |
Search Intent Cockpit
Can Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Can Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Can Foundation in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $268K and expenses of $296K.
Revenue and Expenses
Can Foundation reported $268K in revenue and $296K in expenses, a deficit of $28K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Can Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Can Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade C | 2 stored filing years |
| Peer context | Compare with Association Of Small Business Development Centers | Virginia and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Association Of Small Business Development Centers →All Virginia nonprofits
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Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Newport News, VA nonprofitsArts & Culture in Virginia
Arts & Culture in Virginia
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Arts & Culture spending
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Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Association Of Small Business Development Centers.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
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Keep the Investigation Moving
About Can Foundation
Can Foundation (EIN: 842245056) is a nonprofit organization based in Newport News, VA, classified under NTEE code A20. The organization reported total revenue of $215K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Can Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Can Foundation is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 113.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $296K |
| Surplus / Deficit | $-27,677 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -10.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Can Foundation reported a deficit of $28K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Can Foundation's revenue has grown at a compound annual growth rate (CAGR) of 113.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +113.3% | +201.8% | -80.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Can Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Can Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Can Foundation
Is Can Foundation a legitimate charity?
Can Foundation (EIN: 842245056) is a registered tax-exempt nonprofit based in Virginia. It has 2 years of IRS 990 filings on record. Total revenue: $215K. No red flags identified. Financial health grade: C.
How does Can Foundation spend its money?
Can Foundation reported $215K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Can Foundation tax-deductible?
Can Foundation is registered as a tax-exempt nonprofit (EIN: 842245056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Can Foundation located?
Can Foundation is headquartered in Newport News, Virginia and files with the IRS under EIN 842245056. It is classified under NTEE code A20.
How many years of IRS 990 filings does Can Foundation have?
Can Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $215K in total revenue.
Filing History
IRS 990 filing history for Can Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Can Foundation's revenue has grown by 113.3%, moving from $126K to $268K. Total assets decreased by 80.5% over the same period, from $34K to $7K. Total functional expenses rose by 201.8%, from $98K to $296K. In its most recent filing year (2023), Can Foundation reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268K | $296K | $7K | $0 | — | — |
| 2022 | $126K | $98K | $34K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Can Foundation:
Data Sources and Methodology
This transparency report for Can Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.