CTRMA INC

EIN: 824376414

HARTFORD, CT

Total Revenue
$27,953
Total Expenses
$43,205
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
CT
Principal Officer
ANTHONY J GALLO
Phone
2037843119
Tax Period
2020-01-01 to 2020-12-31

CTRMA INC, founded in 2018, is a micro nonprofit that reported $28K in total revenue in fiscal year 2020. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO IMPROVE AND ADVOCATE RESPONSIBLE RECREATIONAL MARIJUANA POLICY IN CONNECTICUT.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $27,953
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $27,953

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $43,205
Other Expenses $43,205
TOTAL EXPENSES $43,205

Year-over-Year Comparison

2020 2019 Change
Revenue $27,953 $40,000 -0.3%
Expenses $43,205 $105,872 -0.6%
Net Income $-15,252 $-65,872 -0.8%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FILARDI TREASURER N/A
Officer
$0 $0 $0
ANTHONY J GALLO PRESIDENT N/A
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
2020 $27,953 $43,205 No data $-15,252
2019 $40,000 $105,872 $15,252 $-65,872
2018 $289,100 $207,976 $81,124 $81,124
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