2022-11-14T09:46:11-06:00 2021-12-31 362886485 DUGAN & LOPATKA CPA'S PC 4320 WINFIELD ROAD SUITE 450 WARRENVILLE IL 605554036 990 2021-04-02 863036723 I CAN FOUNDATION ICAN 7542076216 1225 CHENILLE CIRCLE WESTON FL 33327 SEAN IVES PRESIDENT 7542076216 2022-11-14 1 SEAN IVES 999009999 RON MARKLUND P01985511 6306654440 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z X SEAN IVES 1225 CHENILLE CIRCLE WESTON FL 33327 2099156 0 X WWW.I-CAN-FOUNDATION.ORG X 2021 IL EMPOWER AGED-OUT FOSTER CHILDREN AND UNDERPRIVILEDGED YOUTH THROUGH SAILING. 4 3 0 3 0 0 2099156 0 0 0 2099156 0 0 35000 0 0 831211 866211 1232945 1232945 0 1232945 EMPOWERS AGED-OUT FOSTER CHILDREN AND UNDERPRIVILEDGED YOUTH. THROUGH OUR PROGRAMS, SAILING YACHT WISDOM AND ROBIN'S TENTS, WE PROVIDE YOUNG ADULTS WITH THE TOOLS, CONFIDENCE, AND SUPPORT TO CREATE ANY FUTURE THEY CAN POSSIBLY IMAGINE. 0 0 64946 ROBIN'S TENTS - FEEDING UNDERPRIVELEDGED YOUTH, SERVICES ON A MONTHLY BASIS, AND SERVING OVER 100 KIDS PER MONTH. 733803 SAILING YACHT WISDOM - PROVIDED A 90 DAY TRIP ON SAILING YACHT FOR 8 AGED OUT FOSTER CARE KIDS TO HELP THEM PREPARE FOR NEXT INDEPENDENT STAGE OF LIFE 798749 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 FL IL X SEAN IVES 7542076216 1225 CHENILLE CIRCLE WESTON FL 33327 JEFFRY WISDOM PRESIDENT 1.00 X X 0 0 0 SEAN RAYMOND IVES SECRETARY/TREASURER 40.00 X X 35000 0 0 JOHN CELMER DIRECTOR 1.00 X 0 0 0 CHRIS POZZINI DIRECTOR 1.00 X 0 0 0 35000 0 0 0 0 0 0 0 2099156 600000 2099156 2099156 0 0 0 X 35000 35000 14688 14688 1400 1400 231766 231630 136 27753 27753 17035 17035 43790 43790 77453 77453 29984 29984 ROBIN TENT EXPENSES 74213 74213 DOCKAGE EXPENSES 71711 71711 MAINTENANCE EXPENSES 66200 66200 MISCELLANEOUS 63056 63056 112162 105712 6450 866211 798749 67462 0 0 277690 1032708 77453 0 955255 0 1232945 0 0 X 0 1232945 0 1232945 0 1232945 1232945 0 X X 0 1 X 0 0 X 2099156 2099156 2099156 2099156 1914275 184881 2099156 X PART II, SHORT YEAR EXPLANATION: THE CURRENT YEAR IS A SHORT YEAR DUE TO BEING A NEW ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1032708 77453 955255 955255 X 2099156 0 2099156 0 2099156 866211 0 866211 0 866211 PART X, LINE 2: THE ORGANIZATION HAS APPLIED TO THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND WILL BE EXEMPT FROM FEDERAL INCOME TAXES, EXPECT FOR TAXES ON UNRELATED BUSINESS INCOME GENERATED FROM UNRELATED TRADE OR BUSINESS ACTIVITIES. THE ORGANIZATION DID NOT HAVE UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN ESTABLISHED. THE ORGANIZATION FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. THE ORGANIZATION'S TAX RETURNS FOR THE PERIOD FROM INCEPTION APRIL 1, 2021 TO DECEMBER 31, 2021 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. THE ORGANIZATION DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ROBIN'S TENTS - FEEDING UNDERPRIVELEDGED YOUTH 64946 0 0 0 0 0 0 64946 0 64946 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 1 600000 PURCHASE PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE ORGANIZATION'S TREASURER BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 136. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136. CREW MEMBERS: PROGRAM SERVICE EXPENSES 231,630. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 231,630. FORM 990, PART IX, LINE 24E BOAT FOOD: PROGRAM SERVICE EXPENSES 61,032. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,032. PROGRAM SUPPLIES: PROGRAM SERVICE EXPENSES 22,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,840. TRAINING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 21,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,840. LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,450. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,450. FORM 990, PART XII, LINE 1: MODIFIED CASH BASIS: REVENUE IS RECORDED WHEN RECEIVED RATHER THAN WHEN UNCONDITIONAL PROMISES TO GIVE ARE MADE OR REVENUE IS EARNED, AND EXPENSES ARE RECORDED WHEN PURCHASED OR PUT INTO SERVICE. MODIFICATIONS TO THE CASH BASIS OF ACCOUNTING INCLUDE RECORDING PROPERTY AND EQUIPMENT AND DONATED PROPERTY AND EQUIPMENT. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED DURING THE YEAR.