AMERICAN KRATOM ASSOCIATION (EIN 472208981) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

PETER CANDLAND

Phone

7036084649

Tax Period

2023-01-01 to 2023-12-31

American Kratom Association, founded in 2014, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2018. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $267K, a strong 21% operating margin.

Mission

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.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,532,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,532,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $504,383

Fundraising Expenses $0

Program Expenses $3,787,070

Other Expenses $3,884,913

TOTAL EXPENSES $4,389,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,532,500	$4,007,095	+0.1%
Expenses	$4,389,296	$4,374,862	+0.0%
Net Income	$143,204	$-367,767	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$48,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS BAKE	BOARD MEMBER	5.00	Director	$14,400	$0	$14,400
JAMIE ZEIGLER	BOARD MEMBER	5.00	Director	$14,400	$0	$14,400
MATT SALMON	CHAIRMAN	5.00	Director	$19,500	$0	$19,500

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$4,532,500	$4,389,296	$533,454	$143,204
2022	$4,007,095	$4,374,862	$385,687	$-367,767
2021	$3,643,388	$3,622,457	$751,723	$20,931
2020	$2,042,710	$1,353,990	$730,792	$688,720
2019	$1,141,232	$1,495,948	$42,072	$-354,716
2019	$1,141,232	$1,495,948	$42,072	$-354,716
2018	$1,247,025	$980,475	$396,788	$266,550

AMERICAN KRATOM ASSOCIATION