MICHIGAN CANNABIS MANUFACTURERS ASSOCIATION

EIN: 842954377

LANSING, MI

Total Revenue
$104,797
Total Expenses
$456,306
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
2019
Legal Domicile
MI
Principal Officer
MARK FISK
Phone
2697202219
Tax Period
2022-01-01 to 2022-12-31

MICHIGAN CANNABIS MANUFACTURERS ASSOCIATION, founded in 2019, is a small nonprofit that reported $105K in total revenue in fiscal year 2022. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $456K exceeded revenue, resulting in a 335% operating deficit.

Mission

TO SECURE A PROSPEROUS FUTURE FOR MICHIGAN CANNABIS MANUFACTURERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $104,797
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $104,797

Expense Breakdown

Grants Paid $69,500
Salaries & Benefits $132,000
Fundraising Expenses $0
Program Expenses $456,306
Other Expenses $254,806
TOTAL EXPENSES $456,306

Year-over-Year Comparison

2022 2021 Change
Revenue $104,797 $1,359,000 -0.9%
Expenses $456,306 $1,095,221 -0.6%
Net Income $-351,509 $263,779 -2.3%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELLY EDGERTON PRESIDENT 0.00
Officer Director
$0 $0 $0
JAMIE WARE SECRETARY 0.00
Officer Director
$0 $0 $0
JIM LAPORTE TREASURER 0.00
Officer Director
$0 $0 $0
STEPHEN LINDER FORMER EXECUTIVE DIRECTOR 0.00
$132,000 $0 $132,000
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
2022 $104,797 $456,306 No data $-351,509
2021 $1,359,000 $1,095,221 $443,080 $263,779
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