EIN 93-1522831

Cannabis in Equity

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2023
Most recent tax filings
2023-12-01
Description
Cannabis in Equity aids individuals with non-violent marijuana convictions through legal expungement assistance and educational programs for success in the cannabis economy.
Total revenues
$250,000
2023
Total expenses
$224,662
2023
Total assets
$25,338
2023
Num. employees
0
2023

Program areas at Cannabis in Equity

Education program:a. The activity is intended to support qualifying persons by making available educational curriculum designed to equip such qualifying persons with the capabilities to become productive contributors to the legal Cannabis economy through instruction and training. The curriculum will be delivered via the organization's website. It will primarily focus on two areas: (i) entrepreneurial skills: instruction and training pertaining to compliance, permitting, and licensing (and application therefore),and basic fundamentals of establishing, owning and operating a business; and (ii) job readiness and skills: job-specific instruction and training for individuals interested in seeking gainful employment with existing Cannabis related businesses, and information relevant to roles and opportunities in the Cannabis industry.b. The organization intends to conduct the activity by retaining or employing consultants and professionals possessing the requisite knowledge and expertise to design and deliver the educational content.c. The activity will be conducted online.d. The percentage of total time allocated to this activity is expected to be approximately 40%.e. The activity is funded through donations. Approximately 40% of the organization's overall expenses are expected to be allocated to this activity.f. The activity furthers the organization's exempt purpose of providing instruction and training to qualifying persons for the purpose of improvingor developing the capabilities, and equipping and empowering them with the requisite knowledge and skills, necessary to gain access to economic opportunities in the legal Cannabis economy.
Legal aid program:a. The activity is a legal aid program that helps qualifying persons expunge qualifying offenses in states that have legalized or decriminalized the recreational use of Cannabis. The organization will do so in two ways: (i) partnering with local, county, and state prosecutors to develop and implement technology designed to automatically clear or expunge qualifying offenses, and (ii) assist qualifying persons seeking to expunge qualifying offenses on an individual basis.b. The organization intends to conduct the activity by retaining or employing consultants and professionals possessing the requisite knowledge and expertise.c. The activity will be conducted in states that have legalized or decriminalized the recreational use of Cannabis. The organization will initially offer legal aid program services in los angeles, California, with the intention of ultimately expanding the program to other locales in California and in other jurisdictions. The organization intends to secure office space in los angeles, California for use by its staff and advisors in carrying out its charitable purposes.d. The percentage of total time allocated to this activity is expected to be approximately 60%.e. The activity is funded through donations. Approximately 60% of the organization's overall expenses are expected to be allocated to this activity.f. The activity furthers the organization's exempt purpose of providing relief to poor, distressed, or underprivileged individuals by promoting social welfare, justice, and Equity through the provision of legal aid program services to qualifying persons that, by virtue of their conviction for a qualifying offense, have been harmed by the historically uneven and disparate application of marijuana-related criminal laws prior to the legalization or decriminalization of marijuana (e.g., the conviction has undermined their ability to become productive citizens by hindering access to housing, economic, educational or other opportunities).

Personnel at Cannabis in Equity

NameTitleCompensation
John MurryTreasurer$11,625
Joshua LatermanDirector , Chairman , President , Secretary$0

Financials for Cannabis in Equity

RevenuesFYE 12/2023
Total grants, contributions, etc.$250,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$250,000

Form 990s for Cannabis in Equity

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-16990View PDF
Data update history
November 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2024
Updated personnel
Identified 3 new personnel
November 24, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Crime and legal aid organizationsLegal service nonprofitsHeadquarter / parent organizationsCharities
Issues
EducationHuman servicesCrime and lawLegal servicesRehabilitation for ex-offenders
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
17145 W Bluemound Rd
Brookfield, WI 53005
Metro area
Milwaukee-Waukesha, WI
County
Waukesha County, WI
Phone
(203) 291-8238
IRS details
EIN
93-1522831
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
I40: Rehabilitation Services for Offenders
NAICS code, primary
5411: Legal Services
Parent/child status
Central organization
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