GLOBAL KRATOM COALITION INC FKA Kratom Coalition Inc

EIN: 933734910 Health Care

LOS ANGELES, CA

Total Revenue
$117,000
Total Expenses
$90,749
Total Assets
$26,251
Net Assets
$26,251
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
MATTHEW LOWE
Phone
2026808129
Tax Period
2023-09-19 to 2023-12-31

GLOBAL KRATOM COALITION INC FKA Kratom Coalition Inc, founded in 2023, is a small nonprofit in the Health Care sector that reported $117K in total revenue in fiscal year 2023. The organization ran a surplus of $26K, a strong 22% operating margin.

Mission

TO EMPOWER INDIVIDUALS WORLDWIDE WITH ACCESS TO SAFE AND RESPONSIBLY SOURCED KRATOM PRODUCTS WHILE PUSHING SCIENTIFIC RESEARCH AND UNDERSTANDING OF THE PLANT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $117,000

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,000
Other Expenses $40,749
TOTAL EXPENSES $90,749

Year-over-Year Comparison

2023 2022 Change
Revenue $117,000 N/A N/A
Expenses $90,749 N/A N/A
Net Income $26,251 $0 N/A
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

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Governance

Voting Members
1
Independent Members
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY ROSS PRESIDENT 15.0
Officer Director
$0 $0 $0
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 $117,000 $90,749 $26,251 $26,251
2023 $117,000 $90,749 $26,251 $26,251
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