Cangress
Cangress maintains strong financial health with consistent surpluses and zero reported officer compensation.
EIN: 20661629 · Los Angeles, CA · NTEE: S99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $10.6M |
| Transparency Score | 85/100 |
Is Cangress Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cangress directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cangress
Cangress (EIN: 20661629) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code S99. The organization reported total revenue of $3.0M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cangress's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cangress is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$958K |
| Total Assets | $11.1M |
| Total Liabilities | $485K |
| Net Assets | $10.6M |
| Operating Margin | 37.4% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 83.0 months |
Financial Health Grade: A
In 2023, Cangress reported a surplus of $958K with revenue exceeding expenses, holds 83.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cangress's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +18.1% | +9.1% |
| 2022 | -48.1% | -19.1% | -12.1% |
| 2021 | -6.0% | +67.3% | +40.3% |
| 2020 | +653.3% | +13.2% | +119.0% |
| 2019 | -33.9% | +17.5% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cangress with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Cangress allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $958K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Cangress consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led or externally funded leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cangress's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
- Consistent 0% officer compensation is unusual for an organization of this size and could indicate alternative compensation structures not captured or a fully volunteer-led executive team, which warrants further inquiry.
Strengths
The following positive indicators were identified for Cangress:
- Consistent financial surpluses, with revenues frequently exceeding expenses (e.g., 2023: $2.5M revenue vs. $1.6M expenses).
- Strong and consistent asset growth, from $1.8M in 2015 to over $12.2M currently.
- Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
- Healthy financial reserves, with assets significantly exceeding liabilities (e.g., 2023: $11M assets vs. $485K liabilities).
Frequently Asked Questions about Cangress
Is Cangress a legitimate charity?
Cangress (EIN: 20661629) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Cangress spend its money?
Cangress directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cangress tax-deductible?
Cangress is registered as a tax-exempt nonprofit (EIN: 20661629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cangress's spending goes to programs?
Cangress directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cangress compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cangress is above average for NTEE category S99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cangress located?
Cangress is headquartered in Los Angeles, California and files with the IRS under EIN 20661629. It is classified under NTEE code S99.
How many years of IRS 990 filings does Cangress have?
Cangress has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Is Cangress a good charity?
Based on the available financial data, Cangress appears to be a financially sound organization with consistent surpluses and significant asset growth. The reported 0% officer compensation is a strong positive for mission focus. However, without detailed expense breakdowns, it's difficult to fully assess program efficiency.
How has Cangress's revenue trended over the past few years?
Cangress's revenue has fluctuated, peaking at over $5 million in 2020 and 2021, then decreasing to $2,558,875 in 2023. While there's a recent decline from its peak, the current revenue of $2,961,366 (latest) is still substantial and generally higher than pre-2019 levels.
What is Cangress's asset growth like?
Cangress has demonstrated strong and consistent asset growth, increasing from $1,830,260 in 2015 to $12,279,778 in the latest period. This indicates effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Cangress showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cangress's revenue has grown by 352.5%, moving from $566K to $2.6M. Total assets increased by 1562.5% over the same period, from $666K to $11.1M. Total functional expenses rose by 229.2%, from $486K to $1.6M. In its most recent filing year (2023), Cangress reported a surplus of $958K, with revenue exceeding expenses. The organization holds $485K in liabilities against $11.1M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.6M | $11.1M | $485K | — | — |
| 2022 | $2.6M | $1.4M | $10.1M | $516K | — | View 990 |
| 2021 | $5.1M | $1.7M | $11.5M | $551K | — | View 990 |
| 2020 | $5.4M | $1.0M | $8.2M | $649K | — | View 990 |
| 2019 | $719K | $885K | $3.8M | $595K | — | View 990 |
| 2018 | $1.1M | $753K | $4.2M | $805K | — | View 990 |
| 2017 | $1.8M | $793K | $3.9M | $846K | — | View 990 |
| 2016 | $1.4M | $587K | $3.1M | $1.1M | — | View 990 |
| 2015 | $464K | $600K | $1.8M | $646K | — | View 990 |
| 2014 | $1.2M | $626K | $2.0M | $656K | — | View 990 |
| 2013 | $394K | $545K | $578K | $0 | — | View 990 |
| 2012 | $560K | $497K | $729K | $0 | — | View 990 |
| 2011 | $566K | $486K | $666K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.6M, and assets of $11.1M (revenue -3.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.4M, and assets of $10.1M (revenue -48.1% year-over-year).
- 2021: Revenue of $5.1M, expenses of $1.7M, and assets of $11.5M (revenue -6.0% year-over-year).
- 2020: Revenue of $5.4M, expenses of $1.0M, and assets of $8.2M (revenue +653.3% year-over-year).
- 2019: Revenue of $719K, expenses of $885K, and assets of $3.8M (revenue -33.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $753K, and assets of $4.2M (revenue -39.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $793K, and assets of $3.9M (revenue +26.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $587K, and assets of $3.1M (revenue +207.1% year-over-year).
- 2015: Revenue of $464K, expenses of $600K, and assets of $1.8M (revenue -59.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $626K, and assets of $2.0M (revenue +192.9% year-over-year).
- 2013: Revenue of $394K, expenses of $545K, and assets of $578K (revenue -29.8% year-over-year).
- 2012: Revenue of $560K, expenses of $497K, and assets of $729K (revenue -0.9% year-over-year).
- 2011: Revenue of $566K, expenses of $486K, and assets of $666K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cangress:
Data Sources and Methodology
This transparency report for Cangress 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.