BROOKFIELD, WI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CANNABIS IN EQUITY INC, founded in 2023, is a small nonprofit that reported $100K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $125K exceeded revenue, resulting in a 25% operating deficit.
HELPING INDIVIDUALS WHO ARE POOR, DISTRESSED, OR HAVE BEEN DISADVANTAGED DUE TO CRIMINAL CONVICTION FOR NON-VIOLENT, MARIJUANA-RELATED CRIMINAL OFFENSES ("QUALIFYING OFFENSES; AND SUCH INDIVIDUALS, "QUALIFYING PERSONS"). THE ORGANIZATION INTENDS TO AID AND SUPPORT SUCH QUALIFYING PERSONS BY (I) DEVELOPING A LEGAL AID PROGRAM TO ASSIST WITH, OR OTHERWISE FACILITATE, THE EXPUNGEMENT OF QUALIFYING OFFENSES, AND (II) DEVELOPING AND PROVIDING EDUCATIONAL PROGRAMMING FOR QUALIFYING PERSONS THAT ARE INTERESTED IN SEEKING EMPLOYMENT OR ENTREPRENEURIAL OPPORTUNITIES IN, OR OTHERWISE TRANSITIONING INTO PRODUCTIVE AND RESPONSIBLE PARTICIPANTS OF, THE LEGAL CANNABIS ECONOMY. THE EXPUNGEMENT OF QUALIFYING OFFENSES FROM THE CRIMINAL RECORDS OF QUALIFYING PERSONS AND THE IMPROVEMENT OR DEVELOPMENT OF THEIR CAPABILITIES THROUGH EDUCATIONAL PROGRAMMING AND TRAINING WILL, INDIVIDUALLY AND COLLECTIVELY, PROMOTE SOCIAL WELFARE BY BETTER POSITIONING THEM TO OBTAIN GAINFUL EMPLOYMENT OR OTHERWISE PART.
EDUCATION PROGRAM:A. THE ACTIVITY IS INTENDED TO SUPPORT QUALIFYING PERSONS BY MAKING AVAILABLE EDUCATIONAL CURRICULUM DESIGNED TO EQUIP SUCH QUALIFYING PERSONS WITH THE CAPABILITIES TO BECOME...
EDUCATION PROGRAM:A. THE ACTIVITY IS INTENDED TO SUPPORT QUALIFYING PERSONS BY MAKING AVAILABLE EDUCATIONAL CURRICULUM DESIGNED TO EQUIP SUCH QUALIFYING PERSONS WITH THE CAPABILITIES TO BECOME PRODUCTIVE CONTRIBUTORS TO THE LEGAL CANNABIS ECONOMY THROUGH INSTRUCTION AND TRAINING. THE CURRICULUM WILL BE DELIVERED VIA THE ORGANIZATION'S WEBSITE. IT WILL PRIMARILY FOCUS ON TWO AREAS: (I) ENTREPRENEURIAL SKILLS: INSTRUCTION AND TRAINING PERTAINING TO COMPLIANCE, PERMITTING, AND LICENSING (AND APPLICATION THEREFORE),AND BASIC FUNDAMENTALS OF ESTABLISHING, OWNING AND OPERATING A BUSINESS; AND (II) JOB READINESS AND SKILLS: JOB-SPECIFIC INSTRUCTION AND TRAINING FOR INDIVIDUALS INTERESTED IN SEEKING GAINFUL EMPLOYMENT WITH EXISTING CANNABIS RELATED BUSINESSES, AND INFORMATION RELEVANT TO ROLES AND OPPORTUNITIES IN THE CANNABIS INDUSTRY.B. THE ORGANIZATION INTENDS TO CONDUCT THE ACTIVITY BY RETAINING OR EMPLOYING CONSULTANTS AND PROFESSIONALS POSSESSING THE REQUISITE KNOWLEDGE AND EXPERTISE TO DESIGN AND DELIVER THE EDUCATIONAL CONTENT.C. THE ACTIVITY WILL BE CONDUCTED ONLINE.D. THE PERCENTAGE OF TOTAL TIME ALLOCATED TO THIS ACTIVITY IS EXPECTED TO BE APPROXIMATELY 40%.E. THE ACTIVITY IS FUNDED THROUGH DONATIONS. APPROXIMATELY 40% OF THE ORGANIZATION'S OVERALL EXPENSES ARE EXPECTED TO BE ALLOCATED TO THIS ACTIVITY.F. THE ACTIVITY FURTHERS THE ORGANIZATION'S EXEMPT PURPOSE OF PROVIDING INSTRUCTION AND TRAINING TO QUALIFYING PERSONS FOR THE PURPOSE OF IMPROVINGOR DEVELOPING THE CAPABILITIES, AND EQUIPPING AND EMPOWERING THEM WITH THE REQUISITE KNOWLEDGE AND SKILLS, NECESSARY TO GAIN ACCESS TO ECONOMIC OPPORTUNITIES IN THE LEGAL CANNABIS ECONOMY.
LEGAL AID PROGRAM:A. THE ACTIVITY IS A LEGAL AID PROGRAM THAT HELPS QUALIFYING PERSONS EXPUNGE QUALIFYING OFFENSES IN STATES THAT HAVE LEGALIZED OR DECRIMINALIZED THE RECREATIONAL USE OF CANNABIS...
LEGAL AID PROGRAM:A. THE ACTIVITY IS A LEGAL AID PROGRAM THAT HELPS QUALIFYING PERSONS EXPUNGE QUALIFYING OFFENSES IN STATES THAT HAVE LEGALIZED OR DECRIMINALIZED THE RECREATIONAL USE OF CANNABIS. THE ORGANIZATION WILL DO SO IN TWO WAYS: (I) PARTNERING WITH LOCAL, COUNTY, AND STATE PROSECUTORS TO DEVELOP AND IMPLEMENT TECHNOLOGY DESIGNED TO AUTOMATICALLY CLEAR OR EXPUNGE QUALIFYING OFFENSES, AND (II) ASSIST QUALIFYING PERSONS SEEKING TO EXPUNGE QUALIFYING OFFENSES ON AN INDIVIDUAL BASIS.B. THE ORGANIZATION INTENDS TO CONDUCT THE ACTIVITY BY RETAINING OR EMPLOYING CONSULTANTS AND PROFESSIONALS POSSESSING THE REQUISITE KNOWLEDGE AND EXPERTISE.C. THE ACTIVITY WILL BE CONDUCTED IN STATES THAT HAVE LEGALIZED OR DECRIMINALIZED THE RECREATIONAL USE OF CANNABIS. THE ORGANIZATION WILL INITIALLY OFFER LEGAL AID PROGRAM SERVICES IN LOS ANGELES, CALIFORNIA, WITH THE INTENTION OF ULTIMATELY EXPANDING THE PROGRAM TO OTHER LOCALES IN CALIFORNIA AND IN OTHER JURISDICTIONS. THE ORGANIZATION INTENDS TO SECURE OFFICE SPACE IN LOS ANGELES, CALIFORNIA FOR USE BY ITS STAFF AND ADVISORS IN CARRYING OUT ITS CHARITABLE PURPOSES.D. THE PERCENTAGE OF TOTAL TIME ALLOCATED TO THIS ACTIVITY IS EXPECTED TO BE APPROXIMATELY 60%.E. THE ACTIVITY IS FUNDED THROUGH DONATIONS. APPROXIMATELY 60% OF THE ORGANIZATION'S OVERALL EXPENSES ARE EXPECTED TO BE ALLOCATED TO THIS ACTIVITY.F. THE ACTIVITY FURTHERS THE ORGANIZATION'S EXEMPT PURPOSE OF PROVIDING RELIEF TO POOR, DISTRESSED, OR UNDERPRIVILEGED INDIVIDUALS BY PROMOTING SOCIAL WELFARE, JUSTICE, AND EQUITY THROUGH THE PROVISION OF LEGAL AID PROGRAM SERVICES TO QUALIFYING PERSONS THAT, BY VIRTUE OF THEIR CONVICTION FOR A QUALIFYING OFFENSE, HAVE BEEN HARMED BY THE HISTORICALLY UNEVEN AND DISPARATE APPLICATION OF MARIJUANA-RELATED CRIMINAL LAWS PRIOR TO THE LEGALIZATION OR DECRIMINALIZATION OF MARIJUANA (E.G., THE CONVICTION HAS UNDERMINED THEIR ABILITY TO BECOME PRODUCTIVE CITIZENS BY HINDERING ACCESS TO HOUSING, ECONOMIC, EDUCATIONAL OR OTHER OPPORTUNITIES).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $100,000 | $250,000 | -0.6% |
| Expenses | $125,338 | $224,662 | -0.4% |
| Net Income | $-25,338 | $25,338 | -2.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSHUA LATERMAN | DIRECTOR, CHAIRMAN, PRESID | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN MURRY | TREASURER | 1.00 |
Officer
Director
|
$11,250 | $0 | $11,250 |
| MELISSA KRANTZ | DIRECTOR (THRU 8/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $100,000 | $125,338 | No data | $-25,338 |
| 2023 | $250,000 | $224,662 | $25,338 | $25,338 |
Compare CANNABIS IN EQUITY INC with other nonprofits in Wisconsin and across the country.