Marijuana Justice EIN 84-2401203 Form 990 (PDF) Claim this org

Marijuana Justice

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Educates communities to organize equitable marijuana legalization, dismantling the War on Drugs. For fiscal year 2023 it reported $262K in revenue, $268K in expenses, and $262K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Richmond, VA
Website
www.marijuanajustice.org
Filings
3 on file (2021–2023)
Revenue
$262KFY2023
Expenses
$268K
Net assets
$262K
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  84-2401203 Public charity (501(c)(3)) Richmond, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates communities to organize equitable marijuana legalization, dismantling the War on Drugs.
Leadership
Chelsea Wise · Executive Director
Money in and out
$262K revenue, $268K expenses
Bottom line
48% program efficiency
Where the money goes · FY2023
Total revenue
$262K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.44 Fundraising $0.07
Program efficiency
48%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
11.7mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -197% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$262K
FY2023▼ -18%
Expenses
$268K
FY2023▼ -15%
Total assets
$262K
FY2023▼ -2%
Total liabilities
$0
FY2023
Total revenue
$262K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarijuana Justice
EINHdr · item D84-2401203
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jwww.marijuanajustice.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E19)
Ruling yearIRS BMFApr 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $129K of program spending, described in the organization's own filed words · FY2023.
01

Hosting organizing and running community-wide events to bring people from all walks of life together to improve mental well-being educate and provide information on new legislation or changes to current legislation and connecting people to resources while helping to alleviate personal struggles.

$70Kprogram expense
02

Digital outreach program to amplify education components of repeal repair and reparations initiatives in digital venues including social media conference speaking engagements and General Assembly. Program increased engagement on important issues to build a bigger base for community advocacy.

$50Kprogram expense
03

Multi day conference space to educate on equity and justice in legalization with 150+ in attendance. Generated revenue from ticket sales and donations increased social media reach by 147%.

$9Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$262K
Total revenueLn 12$262K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.44 Fundraising $0.07
Program services48%$129K
Management & general44%$119K
Fundraising7%$20K
Total functional expensesLn 25$268K

Balance Sheet

Part X · end of year
CashLn 1$262K
Total assetsLn 16$262K
Total liabilitiesLn 26$0
Total net assetsLn 32$262K
Months of cash on handcomputed11.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $262K · Operating expenses/yr $268K
11.7 months
Where the money goes
Program services
Program services $129K · Total expenses $268K
48%
Management & General
Management & general $119K · Total expenses $268K
44%
Fundraising
Fundraising $20K · Total expenses $268K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $325K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $262K · Total revenue $262K
100%
Government reliance
Government grants $0 · Total revenue $262K
0%
Earned-income share
Program service revenue $0 · Total revenue $262K
0%
Investment reliance
Investment income $0 · Total revenue $262K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $268K
0%
Growth & trend
Revenue growth (YoY)
This year $262K · Prior year $321K
-18%
Net-asset trend (YoY)
End of year $262K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $262K · Expenses $268K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
Net-asset ratio
Net assets $262K · Total assets $262K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $262K
0%
People & payroll
Highest Reported Total Compensation
Individual Chelsea Wise · Reported title Executive Director · Highest reported compensation $0 · Total expenses $268K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $159K · Total expenses $268K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 44%
Fundraising cost ratio 8%
Revenue growth -18%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
PolicylinkFY2024$52K
Total grants receivedfrom 4 funders$272K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$262K revenue · viewing · ⤓ 990 PDF
FY2022$321K revenue · ⤓ 990 PDF
FY2021$393K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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