THE NORML FOUNDATION (EIN 522021279) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

RANDY QUAST

Phone

2024835500

Tax Period

2024-01-01 to 2024-12-31

THE NORML FOUNDATION, founded in 1997, is a small nonprofit in the Civil Rights & Advocacy sector that reported $301K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum.

Mission

TO FOSTER SUPPORT, RESEARCH, AND PUBLIC EDUCATION OF THE VARIOUS EFFECTS AND BENEFITS OF MARIJUANA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $246,012

Program Service Revenue $52,290

Investment Income $105

Other Revenue $2,810

TOTAL REVENUE $301,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,058

Fundraising Expenses $0

Program Expenses $246,731

Other Expenses $146,763

TOTAL EXPENSES $301,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$301,217	$185,903	+0.6%
Expenses	$301,821	$269,377	+0.1%
Net Income	$-604	$-83,474	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$17,500

Total Directors

$17,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERALYN MERRITT	PRESIDENT	0.25	Officer Director	$0	$0	$0
KEITH STROUP	VICE PRESIDENT	0.25	Officer Director	$17,500	$0	$17,500
RANDY QUAST	TREASURER	5.00	Officer Director	$0	$0	$0
BEVERLY MORAN	SECRETARY	0.25	Officer Director	$0	$0	$0
DAN VIETS	DIRECTOR	0.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$301,217	$301,821	$34,988	$-604
2022	$216,892	$315,043	$64,233	$-98,151
2021	$245,983	$256,842	$124,485	$-10,859

THE NORML FOUNDATION