I C A N Associates
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
I C A N Associates is a 501(c)(3) organization based in Monterey Park, California, registered in 1979, with $104,934 in FY2024 revenue. CharityIndex grades it D.
900 Corporate Center Dr Ste 110, Monterey Park, CA, 91754 EIN 95-3419515 Since 1979
Revenue (FY2024)
$105K
▼ 39.7% vs prior year
Expenses (FY2024)
$268K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I C A N Associates— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating48 mo reserves · -155% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I C A N Associates: 48 mo reserves · -155% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I C A N Associates— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I C A N Associates: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 900 Corporate Center Dr Ste 110, Monterey Park, CA, 91754
- City
- Monterey Park
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.4M (FY2013) to $105K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
-155.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,934▼39.7% | $268,062▲17.7% | $1,068,436▼13.2% | $1,068,436▼13.2% | 990 |
| 2023 | $174,005▼51.8% | $227,668▲10.9% | $1,231,564▼4.2% | $1,231,564▼4.2% | 990 |
| 2022 | $360,730▲2988% | $205,273▲3.2% | $1,285,227▲13.8% | $1,285,227▲13.8% | 990 |
| 2021 | $11,680▼99.0% | $198,953▲11.0% | $1,129,770▼14.2% | $1,129,770▼14.2% | 990 |
| 2020 | $1,148,969▲1903% | $179,309▼18.9% | $1,317,043▲279% | $1,317,043▲277% | 990 |
| 2019 | $57,361▼89.6% | $221,016▲37.9% | $347,383▼32.0% | $349,060▼32.0% | 990EZ |
| 2018 | $553,677▲83.1% | $160,311▼28.9% | $511,038▲334% | $513,320▲332% | 990 |
| 2017 | $302,340▲109% | $225,558▼11.0% | $117,672▲185% | $118,693▲187% | 990 |
| 2016 | $144,400▼54.3% | $253,333▲14.8% | $41,334▼73.9% | $41,334▼73.9% | 990EZ |
| 2015 | $315,651▼13.3% | $220,660▼34.1% | $158,066▲151% | $158,066▲151% | 990 |
| 2014 | $364,206▼73.3% | $335,000▼74.0% | $63,075▲86.2% | $63,075▲79.7% | 990 |
| 2013 | $1,362,305 | $1,289,959▲70.2% | $33,869▲188% | $35,096▲233% | 990 |
| 2012 | — | $758,053▲79.9% | -$38,477▼143% | -$26,343▼117% | 990 |
| 2011 | — | $421,465▲30.4% | $88,783▲20.8% | $157,737▲13.0% | 990 |
| 2010 | — | $323,209 | $73,470 | $139,552 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $406K total
4 grants to I C A N Associates totaling $406K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $61,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $45,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $150,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $150,000 |
Frequently asked questions
- Is I C A N Associates a legitimate nonprofit?
- Yes. I C A N Associates is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-3419515, based in Monterey Park, California. Donations are tax-deductible.
- What is I C A N Associates's EIN?
- I C A N Associates's Employer Identification Number (EIN) is 95-3419515.
- How much revenue does I C A N Associates report?
- I C A N Associates reported $104,934 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I C A N Associates have?
- CharityIndex grades I C A N Associates D, based on financial health (reserves and operating margin).
More nonprofits in Monterey Park
Explore more
Data for I C A N Associates (EIN 95-3419515) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.