Civic Intelligence

Texas Cannabis Industry Association

990EZ • Fiscal year 2017 • EIN 47-2295564

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 26, 2018

Organization ProfileWWW.TEXASCANNABISINDUSTRY.ORG
11625 Custer RdFrisco, TX 75035

(310) 654-9247

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

82nd percentile

18%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

71st percentile

$5,877

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 31.6% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

85th percentile

33%

Faster asset growth than 85% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$13,808

Up $3,410 (+33%) from 2016

Net Assets

$13,808

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin82nd percentile

Revenue

Down

$18,570

Down $31,812 (-63%) from 2016

Expenses

Down

$15,160

Down $25,481 (-63%) from 2016

Net Income

Down

$3,410

Down $6,331 (-65%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2017

Assets$13,808
Liabilities$0
Net Assets$13,808
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$18,570
Expenses$15,160
Net Income$3,410
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 26, 2018
Return Version
2017v2.2
Gross Receipts
$36,510
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-$17,940
PROVIDE GUIDANCE AND REFERRAL SERVICES FOR MEMBERS BY VISITS AND COUNSELING-$926
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAYLA BROWNExecutive DirectorPT$5,877-$5,877
Filing and Contact Details

Filer

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

Signing Officer

Name
Patrick Moran
Title
President
Phone
3106549247
Signed
2018-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Kimberling Mcfarland and Associates
Address
7200 DUTCH BRANCH RD, FORT WORTH, TX 76132-4143
Preparer
Emily Lewis CPA
Phone
8172631166
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 2383.”

Form 990EZ, Part I, Line 16

“MEETING EXPENSE 926.”

Form 990EZ, Part I, Line 16

“WEBSITE EXPENSE 294.”

Form 990EZ, Part I, Line 16

“TAXES & LICENSES 2445.”

Raw XML Appendix106 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICK MORAN
IRS990EZ/BooksInCareOfDetail/PhoneNum03106549247
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011625 CUSTER RD STE 110-255
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0750358783
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010398
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013808
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt011515
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03410
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08224
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010398
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013808
IRS990EZ/FundraisingGrossIncomeAmt012827
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt036510
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt012165
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010398
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013808
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010398
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013808
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05877
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAYLA BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06048
IRS990EZ/PrimaryExemptPurposeTxt0PERFORM MENTORING SERVICES FOR MEMBERS PROVIDE GUIDANCE FOR THOSE STARTING A CANNABIS BUSINESS PROVIDE REFERRAL SERVICES FOR MEMBERS
IRS990EZ/PrintingPublicationsPostageAmt0888
IRS990EZ/ProgramServiceRevenueAmt00
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/ProgramServiceExpensesAmt017940
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1926
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt017940
IRS990EZ/SpecialEventsNetIncomeLossAmt0-5113
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015160
IRS990EZ/TotalProgramServiceExpensesAmt018866
IRS990EZ/TotalRevenueAmt018570
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEXASCANNABISINDUSTRY.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE EXPENSE 2383.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEETING EXPENSE 926.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE EXPENSE 294.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAXES & LICENSES 2445.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MORAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03106549247
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS CANNABIS INDUSTRY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0472295564
ReturnHeader/Filer/PhoneNum03106549247
ReturnHeader/Filer/USAddress/AddressLine1Txt011625 CUSTER RD
ReturnHeader/Filer/USAddress/CityNm0FRISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075035
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04601BE1782E3B4754811C9BC9C5B2CDFD1373306
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04601BE1782E3B4754811C9BC9C5B2CDFD1373306
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.187.41.118
ReturnHeader/FilingSecurityInformation/IPDt02018-05-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:04:03
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIMBERLING MCFARLAND AND ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07200 DUTCH BRANCH RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0761324143
ReturnHeader/PreparerPersonGrp/PhoneNum08172631166
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMILY LEWIS CPA
ReturnHeader/ReturnTs02018-05-04T13:04:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,808
Liabilities
$0
Net assets
$13,808
Revenue
$18,570
Expenses
$15,160
Net income
$3,410
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