Cannedwater4kids Inc
Nonprofit profile at a glance
- EIN
- 262173180
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025, Form 990-EZ 2014, Form 990-N 2010
- Location
- Sussex, WI, USA
- Phone
- 4147912450
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $98,873
- Expenses
- $165,330
- Assets
- $452,724
- Liabilities
- $69,775
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- GREGORY STROMBERG (PRESIDENT)
Highest reported compensation
- PETER GORMAN (SECRETARY): $32,665 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide clean and safe water (canned) to those in need of clean water both domestically and international, especially in areas where natural disasters have occured, and in third world nations which lack a clean water supply.we further provide education on subjects useful and beneficial to individuals and communities to provide relief to the poor, distressed and underprivileged in third world nations. The main focus of which revolves around the need for clean water.
What it reported doing in 2025
The furnishing of canned water in areas of distress. Provide funds to similar non profit organizations to assist them in accomplishing their mission.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 87
- Accountability: 63
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 89.8%; rating input score 90; 56th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 28th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -67.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 19.8%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 15.3% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.4% of spending went to programs
- Governance: 9 of 10 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $154K in reported program spending
- Leadership: top reported pay $33K · 11 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.