Western Society Of Weed Science
- Assets
- $427.0k
- Revenue
- $172.8k
- Investments
- $203.7k
- Employees
- 0
- Location
- Westminster, CO
- Founding
- 06/2003
- Data as of
- 03/2023
- EIN
- 87-6129835
Organization Overview
Western Society Of Weed Science is located in Westminster, CO. The organization was established in 2003. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Society Of Weed Science 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 03/2023, Western Society Of Weed Science generated $172.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $143.1k during the year ending 03/2023. While expenses have increased by 6.0% per year over the past 7 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 |
|---|---|---|---|
Andrew Kniss Director | 2 | $0 | |
Pat Clay President | 2 | $0 | |
D Chad Cummings Secretary | 2 | $0 | |
Eric Gustafson Business Manage | 5 | $0 | |
Corey Ransom President Elect | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,640 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $159,142 |
| Total Revenue | $172,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,598 |
| Printing and publications | $0 |
| Other expenses | $141,111 |
| Total operating and administrative expenses | $143,094 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $143,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,441 |
| Savings and temporary cash investments | $155,900 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $203,683 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $427,024 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |