Ronald And Vicki Canakaris Family Foundation Inc
EIN: 571139596 · Atlanta, GA · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $12.7M |
| Total Expenses | $304K |
| Net Assets | $8.7M |
Is Ronald And Vicki Canakaris Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ronald And Vicki Canakaris Family Foundation Inc
Ronald And Vicki Canakaris Family Foundation Inc (EIN: 571139596) is a nonprofit organization based in Atlanta, GA, classified under NTEE code X21. The organization reported total revenue of $12.7M and total assets of $11.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronald And Vicki Canakaris Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ronald And Vicki Canakaris Family Foundation Inc is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 42.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $304K |
| Surplus / Deficit | +$2.3M |
| Total Assets | $8.7M |
| Total Liabilities | $1 |
| Net Assets | $8.7M |
| Operating Margin | 88.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 341.5 months |
Financial Health Grade: A
In 2023, Ronald And Vicki Canakaris Family Foundation Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 341.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ronald And Vicki Canakaris Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.0% | +8.6% | +35.5% |
| 2022 | +323.9% | +42.1% | +319.5% |
| 2021 | +831.4% | -13.4% | +200.9% |
| 2020 | -53.0% | +10.6% | -16.1% |
| 2019 | +177.6% | +83.4% | +11.9% |
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 Analysis Pending
AI enrichment for Ronald And Vicki Canakaris Family Foundation Inc 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 Ronald And Vicki Canakaris Family Foundation Inc 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ronald And Vicki Canakaris Family Foundation Inc
Is Ronald And Vicki Canakaris Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald And Vicki Canakaris Family Foundation Inc (EIN: 571139596) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ronald And Vicki Canakaris Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Ronald And Vicki Canakaris Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Ronald And Vicki Canakaris Family Foundation Inc tax-deductible?
Ronald And Vicki Canakaris Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 571139596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ronald And Vicki Canakaris Family Foundation Inc located?
Ronald And Vicki Canakaris Family Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 571139596. It is classified under NTEE code X21.
How many years of IRS 990 filings does Ronald And Vicki Canakaris Family Foundation Inc have?
Ronald And Vicki Canakaris Family Foundation Inc 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 $12.7M in total revenue.
Filing History
IRS 990 filing history for Ronald And Vicki Canakaris Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ronald And Vicki Canakaris Family Foundation Inc's revenue has grown by 6815.8%, moving from $37K to $2.6M. Total assets increased by 1236.2% over the same period, from $648K to $8.7M. Total functional expenses rose by 346.5%, from $68K to $304K. In its most recent filing year (2023), Ronald And Vicki Canakaris Family Foundation Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $304K | $8.7M | $1 | — | View 990 |
| 2022 | $5.1M | $280K | $6.4M | $1 | — | View 990 |
| 2021 | $1.2M | $197K | $1.5M | $1 | — | View 990 |
| 2020 | $130K | $228K | $506K | $1 | — | View 990 |
| 2019 | $277K | $206K | $603K | $0 | — | View 990 |
| 2015 | $100K | $112K | $539K | $0 | — | View 990 |
| 2014 | $78K | $118K | $552K | $0 | — | View 990 |
| 2013 | $26K | $91K | $592K | $0 | — | View 990 |
| 2012 | $101K | $92K | $656K | $0 | — | View 990 |
| 2011 | $37K | $68K | $648K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $304K, and assets of $8.7M (revenue -50.0% year-over-year).
- 2022: Revenue of $5.1M, expenses of $280K, and assets of $6.4M (revenue +323.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $197K, and assets of $1.5M (revenue +831.4% year-over-year).
- 2020: Revenue of $130K, expenses of $228K, and assets of $506K (revenue -53.0% year-over-year).
- 2019: Revenue of $277K, expenses of $206K, and assets of $603K (revenue +177.6% year-over-year).
- 2015: Revenue of $100K, expenses of $112K, and assets of $539K (revenue +27.6% year-over-year).
- 2014: Revenue of $78K, expenses of $118K, and assets of $552K (revenue +201.1% year-over-year).
- 2013: Revenue of $26K, expenses of $91K, and assets of $592K (revenue -74.2% year-over-year).
- 2012: Revenue of $101K, expenses of $92K, and assets of $656K (revenue +170.6% year-over-year).
- 2011: Revenue of $37K, expenses of $68K, and assets of $648K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ronald And Vicki Canakaris Family Foundation Inc:
Data Sources and Methodology
This transparency report for Ronald And Vicki Canakaris Family Foundation Inc 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.