Civic Intelligence

Friends of Canaan Inc.

EIN 30-0627217 • 501(c)3 • Canaan, IN

Pub. 78 Eligible990-N Coverage

Profile

The mission of canaan community academy is to provide each student with the opportunity to reach his or her potential, personally and academically, to become a productive and responsible citizen in a global world.

PO Box 20Canaan, IN 47224

canaancommunityacademy.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

7.8%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

91st percentile

57%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.0%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,402,867

Up $871,842 (+57%) from 2023

Liabilities

Up

$210,086

Up $144,512 (+220%) from 2023

Net Assets

Up

$2,192,781

Up $727,330 (+50%) from 2023

Revenue

Up

$2,617,026

Up $147,535 (+6.0%) from 2023

Expenses

Up

$2,413,721

Up $701,863 (+41%) from 2023

Net Income

Down

$203,305

Down $554,328 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2018: $241,144Liabilities 2018: $73,120Net Assets 2018: $168,0242018Assets 2019: $409,220Liabilities 2019: $161,560Net Assets 2019: $247,6602019Assets 2020: $433,689Liabilities 2020: $194,674Net Assets 2020: $239,0152020Assets 2021: $826,179Liabilities 2021: $298,680Net Assets 2021: $527,4992021Assets 2022: $1,002,466Liabilities 2022: $294,177Net Assets 2022: $708,2892022Assets 2023: $1,531,025Liabilities 2023: $65,574Net Assets 2023: $1,465,4512023Assets 2024: $2,402,867Liabilities 2024: $210,086Net Assets 2024: $2,192,7812024

Highlighted filing

2024

Assets$2,402,867
Liabilities$210,086
Net Assets$2,192,781

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $1,047,566Expenses 2018: $1,008,067Net Income 2018: $39,4992018Revenue 2019: $1,304,039Expenses 2019: $1,224,403Net Income 2019: $79,6362019Revenue 2020: $1,805,568Expenses 2020: $1,815,028Net Income 2020: -$9,4602020Revenue 2021: $1,459,448Expenses 2021: $1,586,472Net Income 2021: -$127,0242021Revenue 2022: $2,388,809Expenses 2022: $2,206,348Net Income 2022: $182,4612022Revenue 2023: $2,469,491Expenses 2023: $1,711,858Net Income 2023: $757,6332023Revenue 2024: $2,617,026Expenses 2024: $2,413,721Net Income 2024: $203,3052024

Highlighted filing

2024

Revenue$2,617,026
Expenses$2,413,721
Net Income$203,305

Filings