American Kratom Association
- Assets
- $751.7k
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Haymarket, VA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 47-2208981
Organization Overview
American Kratom Association is located in Haymarket, VA. The organization was established in 2017. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Kratom Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, American Kratom Association generated $3.6m in total revenue. All expenses for the organization totaled $3.6m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN KRATOM ASSOCIATION ADVOCATES TO PROTECT THE FREEDOM OF CONSUMERS TO SAFELY CONSUME NATURAL KRATOM AS A PART OF THE PERSONAL HEALTH AND WELL BEING REGIMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGAL FEES AND OTHER PROFESSIONAL SERVICES PERTAINING TO THE LEGAL ANALYSIS OF KEEPING KRATOM LEGAL, AND ORGANIZATIONAL LEGAL ADVICE.
LOBBYING EXPENSES TO EDUCATE LEGISLATORS AND THEIR STAFF REGARDING PUBLIC POLICY CONCERNING KRATOM.
QUANTITATIVE AND QUALITATIVE RESEARCH RELATING TO KRATOM AND THE USAGE OF THE PLANT.
OTHER VARIOUS PROGRAM EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Salmon Chairman | Trustee | 5 | $18,000 |
Chris Bake Board Member | Trustee | 5 | $14,400 |
Jamie Zeigler Board Member | Trustee | 5 | $14,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
David Carlucci Lobbying Services | 12/30/21 | $201,515 |
Upstream Consulting Lobbying Services | 12/30/21 | $203,077 |
Maestro Ltd Marketing | 12/30/21 | $167,900 |
Ayc Management Services | 12/30/21 | $196,698 |
Red Letter Consulting Management Services | 12/30/21 | $192,565 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,643,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,643,388 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,643,388 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $413,155 |
| Fees for services: Legal | $198,595 |
| Fees for services: Accounting | $11,921 |
| Fees for services: Lobbying | $1,554,607 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $346,421 |
| Office expenses | $18,191 |
| Information technology | $82,177 |
| Royalties | $0 |
| Occupancy | $375,991 |
| Travel | $35,879 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,460 |
| Insurance | $1,477 |
| All other expenses | $13,071 |
| Total functional expenses | $3,622,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $751,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $751,723 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $751,723 |
| Total liabilities and net assets/fund balances | $751,723 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Kratom Association has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
International Plant & Herbal Alliance Saratoga Springs, UT | | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Population Action International Washington, DC | $18,825,792 | $9,043,621 |
American Industrial Hygiene Association Falls Church, VA | $25,085,312 | $15,960,046 |
Americas Agenda Healthcare For All Inc Washington, DC | $4,386,728 | $13,391,397 |
Green & Healthy Homes Initiative Inc Baltimore, MD | $6,801,946 | $7,594,712 |
National Association Of Managed Care Physicians Inc Glen Allen, VA | $28,110,336 | $5,995,413 |
Association Of Air Medical Services Alexandria, VA | $683,838 | $3,700,717 |
Tennessee Health Care Association Brentwood, TN | $7,648,672 | $3,988,655 |
American Kratom Association Haymarket, VA | $751,723 | $3,643,388 |
Coalition To Protect Americas Health Care Washington, DC | $2,411,647 | $2,664,820 |
Society Of Health And Physical Educators Annapolis Junction, MD | $6,081,528 | $3,045,330 |
Commonhealth Action Washington, DC | $1,601,764 | $3,251,262 |
Foundation For A Healthy Kentucky Inc Louisville, KY | $67,281,694 | $4,356,943 |