New Approach Montana

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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

2020

Legal Domicile

Principal Officer

Matthew Schweich

Phone

4012828417

Tax Period

2020-01-01 to 2020-12-31

New Approach Montana, founded in 2020, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2020. Revenue surged 8820% from the prior year, signaling strong growth momentum.

Mission

New Approach Montana's mission is to pass two 2020 ballot initiatives for the legalization of marijuana for adults 21 and older.

Program Service Accomplishments

Program 1

Expenses: $6,768,753 Revenue: $6,871,225

New Approach Montana supported the reform of marijuana laws in the state of Montana through drafting and qualifying two ballot initiatives to legalize marijuana for adults 21 and older. The...

New Approach Montana supported the reform of marijuana laws in the state of Montana through drafting and qualifying two ballot initiatives to legalize marijuana for adults 21 and older. The organization educated state residents about the social and economic benefits of legalization through public communications efforts, and the initiatives passed in the November 2020 election.

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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 (2020)

Revenue Breakdown

Contributions & Grants $6,871,225

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,871,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,768,753

Other Expenses $6,768,753

TOTAL EXPENSES $6,768,753

Year-over-Year Comparison

	2020	2019	Change
Revenue	$6,871,225	$77,030	+88.2%
Expenses	$6,768,753	$76,309	+87.7%
Net Income	$102,472	$721	+141.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jared Moffat	Director	5	Director	$0	$0	$0
Sherine Blackford	Director	5	Director	$0	$0	$0
Matthew Schweich	President	25	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	$6,871,225	$6,768,753	$103,193	$102,472