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CANAAN FOUNDATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CANAAN FOUNDATION INC (EIN 06-1583900)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202541349349206134
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T15:40:14-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200759996PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SINNAMON & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 665AddressLine1Txt
CityCANAANCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06018ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061583900EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CANAAN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCANABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 823AddressLine1Txt
CityCANAANCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDARREL S LONGPersonNm
Person TitleDIRECTORTREASUPersonTitleTxt
Phone8608245423PhoneNum
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGEORGE SINNAMON CPAPreparerPersonNm
PTINP00759996PTIN
Phone8608247734PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Organization501c3Yes (X)Organization501c3Ind
Gross Receipts$35,513GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$27,841ContributionsGiftsGrantsEtcAmt
Investment Income$7,672InvestmentIncomeAmt
Total Revenue$35,513TotalRevenueAmt
Grants And Similar Amounts Paid$27,000GrantsAndSimilarAmountsPaidAmt
Printing Publications Postage$389PrintingPublicationsPostageAmt
Other Expenses Total$2,501OtherExpensesTotalAmt
Total Expenses$29,890TotalExpensesAmt
Excess Or Deficit For Year$5,623ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$284,967NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$40,855OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$331,445NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$266,967BOYAmt
EOY$324,645EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$18,000BOYAmt
EOY$6,800EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$284,967BOYAmt
EOY$331,445EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$284,967BOYAmt
EOY$331,445EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeNON PROFIT COMMUNITY FOUNDATIONPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTHE ORGANIZATION IS DEDICATED TO ENHANCING THE QUALITY OF LIFE IN THE TOWN OF NORTH CANAAN CT. EXPENSES ARE FOR EDUCATION OF THE COMMUNITY REGARDING THE FOUNDATIONS GOALSDescriptionProgramSrvcAccomTxt
Program Service Expenses$27,616ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$27,616TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
AUDRA LEACH
DIRECTORSECRETARY1.00$0$0$0
DARREL S LONG
DIRECTORTREASURER2.00$0$0$0
MARY PEROTTI
DIRECTORPRESIDENT1.00$0$0$0
RONALD DOWER
DIRECTOR1.00$0$0$0
EILEEN FOX
DIRECTOR1.00$0$0$0
FRANCIS PEROTTI JR
DIRECTOR1.00$0$0$0
LINDA PEPPE
DIRECTOR1.00$0$0$0
AMANDA FREUND
DIRECTORVICE PRESIDENT1.00$0$0$0
JAIME CRANE
DIRECTOR1.00$0$0$0
CODY RIVA
DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDARREL S LONGPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line141 MOSES MEADE ROADAddressLine1Txt
CityCANAANCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06018ZIPCd
FieldValueIRS element (for citing)
Phone8608245423PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,890CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,906CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,336CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,727CurrentTaxYearMinus1YearAmt
Current Tax Year$27,841CurrentTaxYearAmt
Total$106,700TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,890CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,906CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,336CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,727CurrentTaxYearMinus1YearAmt
Current Tax Year$27,841CurrentTaxYearAmt
Total$106,700TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$106,700PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$886CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$899CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$938CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,435CurrentTaxYearMinus1YearAmt
Current Tax Year$7,672CurrentTaxYearAmt
Total$11,830TotalAmt
FieldValueIRS element (for citing)
Total Support$118,530TotalSupportAmt
Public Support CY1700.90020PublicSupportCY170Pct
Public Support PY1700.94170PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
List of grants and similar amounts paid Part I line 10GRANTEE CANAAN FIRE COMPANY STREET 4 MAIN STREET CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 2,000GRANTEE CANAAN CHILD CARE CENTER STREET 20 WHITING DR CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 2,000GRANTEE NW CORNER PREVENTION NETWORK STREET 58 HIGH STREET CITY, STATE, ZIP TORRINGTON, CT 06790GRANTEE COUCH PIPA POST 6851 LADIES AUXILIASTREET 104 S CANAAN ROAD CITY, STATE, ZIP CANAAN, CT 06018GRANTEE CANAAN FIRE COMPANY JUNIORS STREET 4 MAIN STREET CITY, STATE, ZIP CANAAN, CT 06018GRANTEE CHORE SERVICE STREET 63 MAIN STREET CITY, STATE, ZIP SHARON, CT 06069AMOUNT 1,000GRANTEE CANAAN COMMUNITY TRUST STREET PO BOX 891 CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 2,000GRANTEE DOUGLAS LIBRARY STREET 108 MAIN STREET PO BOX 608 CITY, STATE, ZIP NORTH CANAAN, CT 06018AMOUNT 2,000GRANTEE DOUGLAS LIBRARY CHILDREN STORY HOURSTREET 108 MAIN ST PO BOX 608 CITY, STATE, ZIP NORTH CANAAN, CT 06018AMOUNT 1,000GRANTEE FISHES AND LOAVES STREET 646 PROSPECT AVE CITY, STATE, ZIP HARTFORD, CT 06105AMOUNT 1,000GRANTEE GEER DIAL A RIDE STREET 83 S CANAAN ROAD CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 1,000GRANTEE HOUSATONIC YOUTH SERVICES BUREAU STREET 236 WARREN TURNPIKE RD CITY, STATE, ZIP FALLS VILLAGE, CT 06031AMOUNT 2,000GRANTEE LOST ART WORKSHOPS STREET PO BOX 415 CITY, STATE, ZIP FALLS VILLAGE, CT 06031GRANTEE NORTH CANAAN BEAUTIFICATION STREET 100 PEASE STREET CITY, STATE, ZIP NORTH CANAAN, CT 06018AMOUNT 950GRANTEE NORTH CANAAN CUB SCOUT PACK 22 STREET 240 WOLFPIT ROAD CITY, STATE, ZIP WILTON, CT 06897GRANTEE NORTH CANAAN ELEMENTARY AHA STREET 90 PEASE STREET CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 1,000GRANTEE NORTH CANAAN SOCIAL SERVICES STREET 100 PEASE STREET CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 2,000GRANTEE NORTH CANAAN VOLUNTEER AMBULANCE STREET 15 MAIN STREET CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 2,000GRANTEE VISITING NURSE OF LITCHFIELD COUNTYSTREET 32 UNION STREET CITY, STATE, ZIP WINSTED, CT 06098AMOUNT 1,000GRANTEE TIME OUT FOUNDATION STREET 408 LIME ROCK RD CITY, STATE, ZIP LAKEVILLE, CT 06039GRANTEE YMCA OF WESTERN CT STREET 77 S CANAAN ST CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 1,000GRANTEE NORTH CANAAN RECREATION COMM STREET 100 PEASE STREET 12 CITY, STATE, ZIP NORTH CANAAN, CT 06018AMOUNT 500GRANTEE NW CT LITTLE LEAGE STREET PO BOX 569 CITY, STATE, ZIP CANAAN, CT 06018GRANTEE NORTH CANAAN HOUSING AUTHORITY- STREET 132 QUINN STREET CITY, STATE, ZIP CANAAN, CT 06018GRANTEE GREENWOODS COUNSELING REFERRALS STREET 25 SOUTH STREET PO BOX 1549 CITY, STATE, ZIP LITCHFIELD, CT 06759AMOUNT 2,000GRANTEE NORTH CANAAN ELEMENTARY SCHOOL STREET 90 PEASE ST CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 1,400GRANTEE CANAAN FIRE COMPANY WOMENS AUX STREET 4 MAIN STREET CITY, STATE, ZIP CANAAN, CT 06018GRANTEE CRANFORD CLUB STREET MAIN ST CITY, STATE, ZIP CANAAN, CT 06018GRANTEE EMS INSTITUTE INC STREET 1 LOW ROAD CITY, STATE, ZIP SHARON, CT 06069GRANTEE GEER ADULT DAYCARE STREET 83 S CANAAN ROAD CITY, STATE, ZIP CANAAN, CT 06018GRANTEE HABITAT FOR HUMANITY NWCT STREET 126 MAIN ST CITY, STATE, ZIP SALISBURY, CT 06068GRANTEE NORTH CANAAN HISTORY CENTER STREET 115 MAIN STREET CITY, STATE, ZIP CANAAN, CT 06018GRANTEE CT RAILROAD HISTORICAL ASSOCIATION STREET PO BOX 255 CITY, STATE, ZIP CANAAN, CT 06018GRANTEE HOUSATONIC VALLEY REGIONAL HIGH SCHSTREET 246 WARREN TURNPIKE RD CITY, STATE, ZIP FALLS VILLAGE, CT 06031AMOUNT 150GRANTEE ARTS GARAGE STREET 246 WARREN TURNPIKE RD CITY, STATE, ZIP FALLS VILLAGE, CT 06031GRANTEE NORTH CANAAN HUB STREET 90 PEASE STREET CITY, STATE, ZIP CANAAN, CT 06018GRANTEE CAMP SLOANE STREET 124 INDIAN MOUNTAIN ROAD CITY, STATE, ZIP LAKEVILLE, CT 06039GRANTEE MARIA SEYMOUR BROOKER MEMORIAL STREET LITCHFIELD STREET CITY, STATE, ZIP TORRINGTON, CT 06790GRANTEE FALLS VILLAGE CANAAN HISTORIC SOCIESTREET 44 RAILROAD ST CITY, STATE, ZIP FALLS VILLAGE, CT 06031AMOUNT 500GRANTEE FRIENDS OF CANAAN HISTORY CENTER STREET 115 W MAIN ST CITY, STATE, ZIP CANAAN, CT 06018AMOUNT 500
Description of other expenses Part I line 16DESCRIPTION AMOUNTFILING FEE 50INVESTMENT FEES 2,274ADVERTISING 177
Other changes in net assets or fund balances Part I line 20DESCRIPTION AMOUNTUNREALIZED GAIN ON INVESTMENTS 40,855
Description of other assets Part II line 24CATEGORY BEGINNING OF YEAR END OF YEARNOTE RECEIVABLE 18,000 6,800

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