MICIA (EIN 833124797) - 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

2018

Legal Domicile

Principal Officer

ROBIN SCHNEIDER

Phone

5176577535

Tax Period

2024-01-01 to 2024-12-31

MICIA, founded in 2018, is a small nonprofit that reported $645K in total revenue in fiscal year 2024.

Mission

THE MICIA IS THE LEADING VOICE FOR MICHIGAN'S LEGAL CANNABIS BUSINESSES. THE MICIA ADVOCATES FOR A RESPONSIBLE AND SUCCESSFUL MEDICAL AND ADULT-USE CANNABIS INDUSTRY BY PROMOTING SENSIBLE LAWS AND REGULATIONS AND INDUSTRY BEST PRACTICES AMONG MEMBERS BY 1) SPEAKING WITH A UNIFIED VOICE, 2) EDUCATION AND ADVOCACY, 3) HOSTING EVENTS, AND 4) CREATING BUYING POWER.

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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 $119,048

Program Service Revenue $526,205

Investment Income $0

Other Revenue $0

TOTAL REVENUE $645,253

Expense Breakdown

Grants Paid $82,000

Salaries & Benefits $300,889

Fundraising Expenses $0

Other Expenses $299,133

TOTAL EXPENSES $682,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$645,253	$667,464	0.0%
Expenses	$682,022	$708,502	0.0%
Net Income	$-36,769	$-41,038	-0.1%

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

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

$180,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW DRIVER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARK PASSERINI	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CALVIN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JEVIN WEYENBURG	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON IRETON	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND ABRO	DIRECTOR	1.00	Director	$0	$0	$0
SAM USMAN	DIRECTOR	1.00	Director	$0	$0	$0
BOB MILLER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DILAURA	DIRECTOR	1.00	Director	$0	$0	$0
JERRY MILLEN	DIRECTOR	1.00	Director	$0	$0	$0
NICK AGRO	DIRECTOR	1.00	Director	$0	$0	$0
BOB LANDALL	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN SCHNEIDER	EXECUTIVE DIRECTOR	40.00	Officer	$180,000	$0	$180,000

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	$645,253	$682,022	$68,425	$-36,769
2023	$667,464	$708,502	$112,651	$-41,038
2022	$869,231	$702,679	$152,501	$166,552

MICIA