GLOBAL KRATOM COALITION INC FKA Kr… - Form 990 Financial Data

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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

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

WE ENVISION A WORLD WHERE KRATOM PRODUCTS ARE RECOGNIZED AS A SAFE AND NATURAL OPTION FOR THOSE SEEKING TO ENHANCE THEIR WELL-BEING, SUPPORTED BY A THRIVING SCIENTIFIC COMMUNITY DEDICATED TO UNLOCKING ITS POTENTIAL. WE ENVISION A FUTURE WHERE CONSUMERS HAVE ACCESS TO HIGH-QUALITY KRATOM PRODUCTS, FAIR AND REASONABLE REGULATIONS EXIST FOR KRATOM PRODUCTS, AND THE KRATOM SCIENCE FLOURISHES, PROVIDING GREATER UNDERSTANDING AND KNOWLEDGE.

Program Service Accomplishments

Program 1

Expenses: $66,000

ADVANCING SCIENTIFIC RESEARCH, DRIVING CONSUMER EDUCATION, AND DEVELOPING ROBUST REGULATIONS

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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%)

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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

GLOBAL KRATOM COALITION INC FKA Kratom Coalition Inc