Cannupa Foundation
Cannupa Foundation faces financial challenges with expenses exceeding revenue and a significant increase in liabilities in 2023.
EIN: 208067587 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $193K |
| Program Spending | 70% |
| Net Assets | $2.6M |
| Transparency Score | 65/100 |
Is Cannupa Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cannupa Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cannupa Foundation
Cannupa Foundation (EIN: 208067587) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $128K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cannupa Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cannupa Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $193K |
| Surplus / Deficit | $-88,469 |
| Total Assets | $2.6M |
| Total Liabilities | $3K |
| Net Assets | $2.6M |
| Operating Margin | -84.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 160.9 months |
Financial Health Grade: B
In 2023, Cannupa Foundation reported a deficit of $88K with expenses exceeding revenue, holds 160.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.3% | -31.0% | -3.2% |
| 2022 | -94.0% | -43.2% | -7.2% |
| 2021 | -36.8% | -15.0% | +31.2% |
| 2020 | +678.8% | +116.6% | +140.2% |
| 2019 | -85.4% | +25.4% | -61.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Cannupa Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cannupa Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization. This is a strong positive for a nonprofit of its size, demonstrating a commitment to directing funds towards its mission rather than executive pay.
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 Cannupa Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., $193,202 expenses vs. $104,733 revenue in 2023).
- Dramatic increase in liabilities from $1 to $2,769,000 in 2023, requiring further explanation.
- Inconsistent revenue streams over the past decade, making financial planning challenging.
Strengths
The following positive indicators were identified for Cannupa Foundation:
- Substantial asset base, with assets at $2,590,915 in 2023.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds regarding executive pay.
- Long filing history (10 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Cannupa Foundation
Is Cannupa Foundation a legitimate charity?
Cannupa Foundation (EIN: 208067587) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $128K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Cannupa Foundation spend its money?
Cannupa Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Cannupa Foundation tax-deductible?
Cannupa Foundation is registered as a tax-exempt nonprofit (EIN: 208067587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cannupa Foundation's spending goes to programs?
Cannupa Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Cannupa Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cannupa Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cannupa Foundation located?
Cannupa Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208067587. It is classified under NTEE code T20.
How many years of IRS 990 filings does Cannupa Foundation have?
Cannupa Foundation has 10 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 $128K in total revenue.
Is Cannupa Foundation a good charity?
The Cannupa Foundation shows mixed signals. While it has substantial assets ($2,590,915 in 2023) and reports 0% officer compensation, its recent financial performance shows expenses exceeding revenue (e.g., $193,202 expenses vs. $104,733 revenue in 2023). The sudden increase in liabilities to $2,769,000 in 2023 is a significant concern that needs clarification before a definitive assessment can be made.
What caused the large increase in liabilities in 2023?
The IRS 990 data shows a dramatic increase in liabilities from $1 in previous years to $2,769,000 in the 2023 period. The specific cause is not detailed in the provided summary, but it could be due to new debt, significant grants received but not yet expended, or other financial obligations. This requires further investigation into the full 990 filing.
How sustainable is the organization's current spending given its revenue trends?
The organization's current spending appears unsustainable based on recent trends. In both 2023 and 2022, expenses significantly outpaced revenue ($193,202 vs. $104,733 in 2023; $280,054 vs. $71,107 in 2022). This suggests the organization is drawing down on its assets or relying on prior surpluses, which is not a long-term viable strategy without a significant increase in revenue or reduction in expenses.
Filing History
IRS 990 filing history for Cannupa Foundation showing financial trends over 10 years of public records:
Total assets increased by 177.2% over the same period, from $935K to $2.6M. Total functional expenses rose by 33.3%, from $145K to $193K. In its most recent filing year (2023), Cannupa Foundation reported a deficit of $88K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $193K | $2.6M | $3K | — | View 990 |
| 2022 | $71K | $280K | $2.7M | $1 | — | View 990 |
| 2021 | $1.2M | $493K | $2.9M | $1 | — | View 990 |
| 2020 | $1.9M | $581K | $2.2M | $1 | — | View 990 |
| 2019 | $239K | $268K | $916K | $1 | — | View 990 |
| 2015 | $1.6M | $214K | $2.4M | $1 | — | View 990 |
| 2014 | $389K | $266K | $936K | $1 | — | View 990 |
| 2013 | $183K | $134K | $813K | $1 | — | View 990 |
| 2012 | $-28,744 | $142K | $764K | $1 | — | View 990 |
| 2011 | $-126,512 | $145K | $935K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $193K, and assets of $2.6M (revenue +47.3% year-over-year).
- 2022: Revenue of $71K, expenses of $280K, and assets of $2.7M (revenue -94.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $493K, and assets of $2.9M (revenue -36.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $581K, and assets of $2.2M (revenue +678.8% year-over-year).
- 2019: Revenue of $239K, expenses of $268K, and assets of $916K (revenue -85.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $214K, and assets of $2.4M (revenue +322.4% year-over-year).
- 2014: Revenue of $389K, expenses of $266K, and assets of $936K (revenue +112.9% year-over-year).
- 2013: Revenue of $183K, expenses of $134K, and assets of $813K.
- 2012: Revenue of $-28,744, expenses of $142K, and assets of $764K.
- 2011: Revenue of $-126,512, expenses of $145K, and assets of $935K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cannupa Foundation:
Data Sources and Methodology
This transparency report for Cannupa 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.