Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NATIONAL INDUSTRIAL HEMP COUNCIL, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $815K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $335K, a strong 41% operating margin.
The National Industrial Hemp Council of America [NIHC] exists to promote the production and use of hemp both in North America and around the world. We represent the North American industrial hemp industry within its home market, and we are global advocates for its sustainable long-term growth and profitability. We assist members to enter the industry, educate consumers on the applications and advantages of industrial hemp and enable networking and the sharing of our resources. Backed by the US Government, our senior team comprises international, federal, state, private industry, and government professionals from across the agriculture and business sectors.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $815,368 | $646,524 | +0.3% |
| Expenses | $479,977 | $737,394 | -0.3% |
| Net Income | $335,391 | $-90,870 | -4.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Curtis Anderson | Chief Financial Officer | 10 |
Key Emp
|
$3,176 | $0 | $3,176 |
| Lowell Randel | Director | 10 |
Director
|
$0 | $0 | $0 |
| Patricia Sheikh | Director | 10 |
Director
|
$0 | $0 | $0 |
| Walt Smith | Director | 10 |
Director
|
$0 | $0 | $0 |
| Bob White | Director | 10 |
Director
|
$0 | $0 | $0 |
| Doug Farquhar | Director | 10 |
Director
|
$0 | $0 | $0 |
| Barry Carpenter | Director | 10 |
Director
|
$0 | $0 | $0 |
| Thomas Sloan | Secretary & Treasurer | 10 |
Director
|
$0 | $0 | $0 |
| Patrick Atagi | President & CEO | 35 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $815,368 | $479,977 | No data | $335,391 |
| 2022 | $646,524 | $737,394 | $134,055 | $-90,870 |
| 2021 | $186,620 | $420,957 | $31,475 | $-234,337 |
| 2020 | $111,800 | $125,152 | $72,611 | $-13,352 |
| 2019 | $122,414 | $249,064 | $7,090 | $-126,650 |
Compare NATIONAL INDUSTRIAL HEMP COUNCIL with other nonprofits in District of Columbia and across the country.