Civic Intelligence

Texas Cannabis Industry Association

990EZ • Fiscal year 2019 • EIN 47-2295564

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

Organization ProfileWWW.TEXASCANNABISINDUSTRY.ORG
11625 Custer Rd Ste 110-255Frisco, 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.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

54th percentile

4.1%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$7,860

Up $717 (+10%) from 2018

Net Assets

Up

$7,860

Up $717 (+10%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin54th percentile

Revenue

Down

$17,304

Down $15,110 (-47%) from 2018

Expenses

Down

$16,587

Down $22,492 (-58%) from 2018

Net Income

Up

$717

Up $7,382 (+111%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2019

Assets$7,860
Liabilities$0
Net Assets$7,860
Open 2019 Filing

Operations Trend

Revenue Growth5th 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

2019

Revenue$17,304
Expenses$16,587
Net Income$717
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.0
Gross Receipts
$17,304
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-$16,571
PROVIDE GUIDANCE AND REFERRAL SERVICES FOR MEMBERS BY VISITS AND COUNSELING--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK MORANPresident-$0--
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
Patrick Moran
Title
President
Phone
3106549247
Signed
2020-06-26
Discuss with paid preparer
Yes

Preparer

Firm
Lashbrook & Associates 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 advertising 2,550 marketing 1,500 website expense 2,032 office expense 16 travel expense 1,683 meals 35 total 7,816”

Form 990-ez, Part II, Line 24

“Other loans receivable 0 618 total 0 618”

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 Appendix96 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
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07143
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07242
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02008
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0717
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08431
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07143
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07860
IRS990EZ/GrossReceiptsAmt017304
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt015293
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07143
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07860
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07143
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07860
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK MORAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAYLA BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0618
IRS990EZ/OtherExpensesTotalAmt07816
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PERFORM MENTORING SERVICES FOR MEMBERS PROVIDE GUIDANCE FOR THOSE STARTING A CANNABIS BUSINESS PROVIDE REFERRAL SERVICES FOR MEMBERS
IRS990EZ/PrintingPublicationsPostageAmt0340
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/ProgramServiceExpensesAmt016571
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016587
IRS990EZ/TotalProgramServiceExpensesAmt016571
IRS990EZ/TotalRevenueAmt017304
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEXASCANNABISINDUSTRY.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 2,550 MARKETING 1,500 WEBSITE EXPENSE 2,032 OFFICE EXPENSE 16 TRAVEL EXPENSE 1,683 MEALS 35 TOTAL 7,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 0 618 TOTAL 0 618
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERFORM 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 III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MORAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03106549247
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-26
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 & ASSOCIATES 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/ReturnTs02021-09-03T16:10:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,860
Liabilities
$0
Net assets
$7,860
Revenue
$17,304
Expenses
$16,587
Net income
$717
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