Ican INC EIN 34-1575839

Ican INC

EIN  34-1575839 Public charity (501(c)(3)) Canton, OH
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Offers housing and support services to improve lives and build community connections.
Leadership
Julie Sparks · Executive Director · $94K
Money in and out
$4.1M revenue, $4.0M expenses
Bottom line
89% program efficiency

Offers housing and support services to improve lives and build community connections. For fiscal year 2025 it reported $4.1M in revenue, $4.0M in expenses, and $6.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$4.1M
Pt VIII · Ln 12
Total expenses
$4.0M
Pt IX · Ln 25
Net assets
$6.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $116K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.09 Fundraising $0.02
Program efficiency
89%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ ×12 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.1M
FY2025▲ +4%
Expenses
$4.0M
FY2025▲ +1%
Total assets
$9.3M
FY20250%
Total liabilities
$3.3M
FY2025▼ -3%
Total revenue
$4.1M
Pt VIII · Ln 12
Total expenses
$4.0M
Pt IX · Ln 25
Net assets
$6.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$116K
Total assetsPt X · Ln 16$9.3M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $3.4M of program spending, described in the organization's own filed words · FY2024.
01

Ican housing provides housing, supportive services, homeless prevention, workforce development and street outreach, across stark county. Housing programs include permanent supportive housing, rapid rehousing, affordable housing and an adult residential facility.

$1.7Mprogram expense
02

Ican housing administers several rent subsidy programs for clients who prefer greater independence, enabling clients to choose private market apartments within fair market rent limits. In these programs, administrators and housing specialists work directly with clients helping them find appropriate housing, inspecting units to ensure…

$1.2Mprogram expense
03

Ican offers support to people who are literally homeless or at imminent risk of homelessness. The path-outreach program works to connect homeless individuals or families to community mental health services, housing and basic needs items.

$452Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIcan INC
EINHdr · item D34-1575839
Principal addressHdr · item CCanton, OH
WebsiteHdr · item Jwww.ican-inc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99Z)
Ruling yearIRS BMFJul 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$93,801Pt VII · Sec A
Finance Director
$79,845Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Julie Sparks’s $94K as Executive Director is at the 23rd percentile of top reported officer pay among 461 $1–10M unclassified nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Julie Sparks$93,801$86,665$85,181$83,035$85,183$78,553
Laura Weisgarber$79,845$77,416$74,621$69,653$71,736$64,659

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.9M · 71%
Program service revenue$1.2M · 29%
Investment income$22K · 1%
Contributions & grants71%$2.9M
Program service revenue29%$1.2M
Investment income1%$22K
— government grantsLn 1e$2.1M
Total revenueLn 12$4.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.09 Fundraising $0.02
Program services89%$3.6M
Management & general9%$367K
Fundraising2%$60K
Total functional expensesLn 25$4.0M

Balance Sheet

Part X · end of year
CashLn 1$622K
Total assetsLn 16$9.3M
Total liabilitiesLn 26$3.3M
Total net assetsLn 32$6.0M
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $890K · Operating expenses (Pt IX) $4.0M · Less non-cash grants $80K · Cash operating expenses/yr $3.9M
2.7 months
Where the money goes
Program services
Program services $3.6M · Total expenses $4.0M
89%
Management & General
Management & general $367K · Total expenses $4.0M
9%
Fundraising
Fundraising $60K · Total expenses $4.0M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $60K · Solicited contributions (3-yr avg) $629K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.9M · Total revenue $4.1M
71%
Government reliance
Government grants $2.1M · Total revenue $4.1M
51%
Earned-income share
Program service revenue $1.2M · Total revenue $4.1M
29%
Investment reliance
Investment income $22K · Total revenue $4.1M
+1%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $4.0M
30%
Growth & trend
Revenue growth (YoY)
This year $4.1M · Prior year $3.9M
+4%
Revenue CAGR
FY2019 $3.6M · FY2024 $4.1M
+3%
Net-asset trend (YoY)
End of year $6.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.1M · Expenses $4.0M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $9.3M
Net-asset ratio
Net assets $6.0M · Total assets $9.3M
64%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $268K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.3M
3%
People & payroll
Highest Reported Total Compensation
Individual Julie Sparks · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $94K · Total expenses $4.0M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $4.0M
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 9%
Fundraising cost ratio 2%
Revenue growth 4%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$440K
See all 3 funders →
Grants paid · 6 grants · $6.0M · 2019–2024
Unitemized GrantFY2024$853,491
Unitemized GrantFY2023$944,413
Unitemized GrantFY2022$1,099,878
Unitemized GrantFY2021$1,274,533
Unitemized GrantFY2020$974,137
Unitemized GrantFY2019$855,656

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$4.1M revenue · viewing · ⤓ 990 PDF
FY2024$3.9M revenue · ⤓ 990 PDF
FY2023$4.2M revenue · ⤓ 990 PDF
FY2022$4.4M revenue · ⤓ 990 PDF
FY2021$4.3M revenue · ⤓ 990 PDF
FY2020$3.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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