NEW JERSEY CANNABIS INDUSTRY ASSOCIATION (EIN 814813318) - 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

2017

Legal Domicile

Tax Period

2018-01-01 to 2018-12-31

NEW JERSEY CANNABIS INDUSTRY ASSOCIATION, founded in 2017, is a small nonprofit that reported $275K in total revenue in fiscal year 2018. Revenue surged 352% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

THE NEW JERSEY CANNABIS INDUSTRY ASSOCIATION IS A NONPROFIT TRADE ASSOCIATION DEDICATED TO ADVANCING THE LEGALIZATION OF CANNABIS. THE MISSION IS TO PROMOTE SENSIBLE POLICY, RESPONSIBLE GROWTH, AND DEVELOPMENT OF NEW JERSEY'S CANNIBIS INDUSTRY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $274,881

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $274,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $188,766

Other Expenses $220,106

TOTAL EXPENSES $220,106

Year-over-Year Comparison

	2018	2017	Change
Revenue	$274,881	$60,767	+3.5%
Expenses	$220,106	$17,525	+11.6%
Net Income	$54,775	$43,242	+0.3%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARA SERVIS	Executive Dir.	25.00	Director	$0	$0	$0
CHRIS BEALS	Trustee	2.00	Director	$0	$0	$0
WILLIAM CARUSO	Trustee	2.00	Director	$0	$0	$0
JAY CZARKOWSKI	Trustee	2.00	Director	$0	$0	$0
KRIS KRANE	Trustee	2.00	Director	$0	$0	$0
CALVIN MCKINNEY	Trustee	2.00	Director	$0	$0	$0
SHANITA PENNY	Trustee	2.00	Director	$0	$0	$0
HUGH O'BEIRNE	President	25.00	Officer	$0	$0	$0
KELLEY CROSSON	Vice President	5.00	Officer	$0	$0	$0
VICTOR HERLINSKY JR	GENERAL COUNSEL	5.00	Officer	$0	$0	$0
PAUL JOSEPHSON	REGULATORY COUN	5.00	Officer	$0	$0	$0
MELISSA DARDANI	Treasurer	2.00	Officer	$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
2018	$274,881	$220,106	$98,017	$54,775

NEW JERSEY CANNABIS INDUSTRY ASSOCIATION