I Can Foundation FY2023 filing
Empowers aged-out foster children and underprivileged youth through sailing programs. For fiscal year 2023 it reported $15K in revenue, $29K in expenses, and $7K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Youth Development
- Location
- Weston, FL
- Website
- www.i-can-foundation.org
- Filings
- 5 on file (2021–2023)
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Summary of the Filing
Where the work happens
Robin's Tents
Feeding underpriveledged youth, services on a monthly basis, and serving over 100 kids per month.
Empower aged-out foster children and underpriviledged youth through sailing. Through our programs, sailing yacht wisdom and robin's tent, we provide young adults with the tools, confidence, and support to create any future tey can possibly imagine.
Sailing Yacht Wisdom
Provided a 90 day trip on sailing yacht for foster care kids to help them prepare for next independent stage of life.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Sean Raymond Ives’s $35K as Secretary/Tr is at the 73rd percentile of top reported officer pay among 113 <$100K youth development 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 · 1 named individual · Part VII
| Name | FY2022 | FY2021 |
|---|---|---|
| Sean Raymond Ives | $35,000 | $35,000 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 128% | — | — |
| Legal fee ratio | 0.8% | — | — |
| Accounting fee ratio | 10% | — | — |
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.
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Filings & Schedule Manifest
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Sources
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