MINORITY CANNABIS ACADEMY (EIN 862456773) - 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

2021

Legal Domicile

Principal Officer

BRENDON ROBINSON

Phone

8566518463

Tax Period

2023-01-01 to 2023-12-31

MINORITY CANNABIS ACADEMY, founded in 2021, is a small nonprofit in the Human Services sector that reported $232K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

MINORITY CANNABIS ACADEMY (MCA) IS A BLACK-OWNED ADULT LEARNING INSTITUTION BASED IN NEW JERSEY. WE ARE A 501(C)3 NON-PROFIT ORGANIZATION THAT FOCUSES ON THE PROFESSIONAL DEVELOPMENT AND TECHNICAL TRAINING OF MINORITIES AND DISENFRANCHISED COMMUNITIES IMPACTED BY THE "WAR ON DRUGS", AND ARE INTERESTED IN BECOMING CANNABIS INDUSTRY PROFESSIONALS. WE'RE CREATING INVALUABLE WORKFORCE DEVELOPMENT OPPORTUNITIES FOR A DEMOGRAPHIC THAT NEEDS AND DESERVES IT THE MOST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $232,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $232,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,334

Other Expenses $236,500

TOTAL EXPENSES $236,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,250	$152,300	+0.5%
Expenses	$236,500	$135,316	+0.7%
Net Income	$-4,250	$16,984	-1.3%

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

N/A

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
BRENDON ROBINSON	PRESIDENT	0.00	Officer	$0	$0	$0
STANLEY OKORO	VICE PRESIDENT	0.00	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
2024	No data	No data	No data	No data
2023	$232,250	$236,500	$12,734	$-4,250

MINORITY CANNABIS ACADEMY