Civic Intelligence

Texas Cannabis Industry Association

EIN 47-2295564 • 501(c)6 • Frisco, TX

Profile

Perform mentoring services for members provide guidance for those starting a cannabis business provide referral services for members

11625 Custer Rd Ste 110-255Frisco, TX 75035

www.texascannabisindustry.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.02x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

16th percentile

-42%

Faster asset growth than 16% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$4,538

Down $3,322 (-42%) from 2019

Liabilities

Up

$96

Up $96 from 2019

Net Assets

Down

$4,442

Down $3,418 (-43%) from 2019

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $17,304 (-100%) from 2019

Expenses

Down

$3,420

Down $13,167 (-79%) from 2019

Net Income

Down

-$3,420

Down $4,137 (-577%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $657Liabilities 2015: $02015Assets 2016: $10,398Liabilities 2016: $02016Assets 2017: $13,808Liabilities 2017: $0Net Assets 2017: $13,8082017Assets 2018: $7,143Liabilities 2018: $0Net Assets 2018: $7,1432018Assets 2019: $7,860Liabilities 2019: $0Net Assets 2019: $7,8602019Assets 2020: $4,538Liabilities 2020: $96Net Assets 2020: $4,4422020

Highlighted filing

2020

Assets$4,538
Liabilities$96
Net Assets$4,442
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $21,530Expenses 2015: $20,823Net Income 2015: $7072015Revenue 2016: $50,382Expenses 2016: $40,641Net Income 2016: $9,7412016Revenue 2017: $18,570Expenses 2017: $15,160Net Income 2017: $3,4102017Revenue 2018: $32,414Expenses 2018: $39,079Net Income 2018: -$6,6652018Revenue 2019: $17,304Expenses 2019: $16,587Net Income 2019: $7172019Revenue 2020: $0Expenses 2020: $3,420Net Income 2020: -$3,4202020

Highlighted filing

2020

Revenue$0
Expenses$3,420
Net Income-$3,420
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,538
Liabilities
$96
Net assets
$4,442
Revenue
$0
Expenses
$3,420
Net income
-$3,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$4.54$0.10$4.44$0.00$3.42$3.42
2019Detailed filing. Detailed filing data is available for this year.$7.86$0.00$7.86$17.3$16.6$0.72
2018Detailed filing. Detailed filing data is available for this year.$7.14$0.00$7.14$32.4$39.1$6.67
2017Detailed filing. Detailed filing data is available for this year.$13.8$0.00$13.8$18.6$15.2$3.41
2016Summary only. Only limited summary data is available for this year.$10.4$0.00$50.4$40.6$9.74
2015Summary only. Only limited summary data is available for this year.$0.66$0.00$21.5$20.8$0.71
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 1, 2021
Return Version
2020v4.0
Mission and Program Overview

Mission

Perform mentoring services for members provide guidance for those starting a cannabis business provide referral services for members

Program Services

DescriptionGrantsExpenses
PROVIDE MENTORING FOR MEMBERS BY EVENTS COMBINED WITH MEETINGS-$3,080
PROVIDE GUIDANCE AND REFERRAL SERVICES FOR MEMBERS BY VISITS AND COUNSELING--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAYLA BROWNExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Texas Cannabis Industry Association
EIN
47-2295564
Phone
3106549247
Address
11625 CUSTER RD STE 110-255, FRISCO, TX 75035

Signing Officer

Name
Kayla Brown
Title
Executive Director
Phone
3106549247
Signed
2021-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Lashbrook & Mccoy Pa
Address
3201 GRIFFIN RD STE 400, FT LAUDERDALE, FL 33312
Preparer
Sean P Mccoy Ea Mtx
Phone
9545818112
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses website expense 727 office expense 340 total 1,067”

Form 990-ez, Part II, Line 24

“Other loans receivable 618 618 total 618 618”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 96”

Form 990-ez, Part III

“Perform mentoring services for members provide guidance for those starting a cannabis business provide referral services for members”

Raw XML Appendix93 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0KAYLA BROWN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICK MORAN
IRS990EZ/BooksInCareOfDetail/PhoneNum03106549247
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011625 CUSTER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07244
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03920
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3420
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02353
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07862
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04538
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07862
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04442
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07862
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04442
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAYLA BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0618
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0618
IRS990EZ/OtherExpensesTotalAmt01067
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PERFORM MENTORING SERVICES FOR MEMBERS PROVIDE GUIDANCE FOR THOSE STARTING A CANNABIS BUSINESS PROVIDE REFERRAL SERVICES FOR MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE MENTORING FOR MEMBERS BY EVENTS COMBINED WITH MEETINGS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE GUIDANCE AND REFERRAL SERVICES FOR MEMBERS BY VISITS AND COUNSELING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03080
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt096
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03420
IRS990EZ/TotalProgramServiceExpensesAmt03080
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEXASCANNABISINDUSTRY.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE EXPENSE 727 OFFICE EXPENSE 340 TOTAL 1,067
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 618 618 TOTAL 618 618
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERFORM MENTORING SERVICES FOR MEMBERS PROVIDE GUIDANCE FOR THOSE STARTING A CANNABIS BUSINESS PROVIDE REFERRAL SERVICES FOR MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAYLA BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03106549247
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS CANNABIS INDUSTRY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0472295564
ReturnHeader/Filer/PhoneNum03106549247
ReturnHeader/Filer/USAddress/AddressLine1Txt011625 CUSTER RD STE 110-255
ReturnHeader/Filer/USAddress/CityNm0FRISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822210733
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LASHBROOK & MCCOY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03201 GRIFFIN RD STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FT LAUDERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033312
ReturnHeader/PreparerPersonGrp/PhoneNum09545818112
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN P MCCOY EA MTX
ReturnHeader/ReturnTs02021-09-03T16:07:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAYLA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BROWN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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