Medical Research (H118) IRS Verified DX Registered 990 on File

CANAVAN RESEARCH ILLINOIS

EIN: 36-4362105 · BUFFALO GROVE, IL 60089-4279 · United States · FY 2023 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 85/100

Reliability (20%) 55/100

Effectiveness (25%) 73/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

A volunteer-based public children's charity. The mission of Canavan Research Illinois is to direct funding towards research aimed at developing therapies to treat and cure Canavan disease while networking families to form an engaged community poised to reach the clinic. Our efforts have resulted in three gene therapy clinical trials. We have also funded the development of a combination of medicines to slow the progression of Canavan disease in some children, this is known as the "Canavan Cocktail". Canavan disease is a childhood neurodegenerative childhood disease that is often compared to a childhood version of ALS.

Financial Overview — FY 2023

$21K

Total Revenue

$38K

Total Expenses

$127K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 84.6%

Fundraising Efficiency N/A

Operating Reserve 40.29x

Liability-to-Asset N/A

Revenue Diversification 100.0%

Compared with Peers

FY 2023

Compared with 1,152 similar organizations (United States, Medical Research, under $100K in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	84.6%	80.3%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	40.3 mo	37.0 mo	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	100.0%	100.0%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	5.6%	-1.6%	P10P90
Expense growth Year over year expense growth	48.2%	-3.6%	P10P90
Surplus margin Surplus as a share of revenue	-77.1%	12.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$21K	$38K	$127K	84.6%	—
2022	$20K	$26K	$143K	82.4%	—
2021	$36K	$27K	N/A	—	1

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Organization Details

EIN: 36-4362105
State: IL
City: BUFFALO GROVE
ZIP: 60089-4279
Classification: H118
Category: Medical Research
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2000
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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