C of C

Nonprofit profile at a glance

EIN
853207498
IRS 990-EZ coverage
2020–2023
Forms available
Form 990 2022, Form 990-EZ 2023
Location
Reno, NV, USA
Phone
7024730836
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$89,949
Expenses
$174,440
Assets
$56,511
Liabilities
$58,520

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • CRISTINA ULMAN (President)
  • DANIELLE BARANOWSKI (Vice President)

People named in this filing

  • DEENA VALLINA (Treasurer)
  • ABIGAIL KAUFMANN (Secretary)
  • CRISTINA ULMAN (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

C of c lv is a 501c6 non-profit organization and its primary mission is to bring together professionals in the cannabis industry dedicated to creating a more inclusive and equitable sector. With a focus on promoting commerce, advancing justice, and encouraging positive practices, we provide a platform for networking, resource sharing, and collaboration among like-minded individuals.

What it reported doing in 2023

Association meetings: planned and executed trade association meetings and networking events for over 100 members and non-members with influential guests of honor including government officials, state legislators, and local regulatory agents.

Operating model

Revenue model
Membership-supported. 72% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 82
  • Sustainability: 12
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.6%; rating input score 62
  • Program expense ratio: 31.8%; rating input score 32

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -93.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 1.04; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 22%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -36.3% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 22.2% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 34.7% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 61.6% of revenue deployed · 31.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $55K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Program expense ratio scored 32/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.