Industrial Hemp Research Foundation
- Assets
- $882.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 03/2015
- Data as of
- 12/2020
- EIN
- 47-2748588
Organization Overview
Industrial Hemp Research Foundation is located in Denver, CO. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial Hemp Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Industrial Hemp Research Foundation generated $39.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $39.9k during the year ending 12/2020. While expenses have increased by 26.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bush Ms JD President | 5 | $0 | |
Bethany Niebaurer JD Vice-President | 3 | $0 | |
David Link MBA Treasurer | 3 | $0 | |
Angie Thompson Secretary | 3 | $0 | |
Paul Isham Director At Large | 3 | $0 | |
Larry Lenning Director At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,254 |
| Total Program Service Revenue | $500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,754 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,495 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,436 |
| Total expenses | $39,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $882 |
| Other assets | $0 |
| Total assets | $882 |
| Total liabilities | $0 |
| Net assets or fund balances | $882 |