Civic Intelligence

International Cannabinoid Research Society

990 • Fiscal year 2016 • EIN 32-0373206

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 15, 2017

115 S Chestnut StreetWinstonsalem, NC 27101

(215) 707-2638

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE H • <$500k nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE H • <$500k nonprofits • Source year 2016

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2016 filings • NTEE H • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$47,500

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2016 filings • NTEE H • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$379,174

No earlier filing loaded for comparison.

Net Assets

$379,174

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$303,367

No earlier filing loaded for comparison.

Expenses

$263,605

No earlier filing loaded for comparison.

Net Income

$39,762

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2016: $379,174Liabilities 2016: $0Net Assets 2016: $379,1742016Assets 2017: $477,139Liabilities 2017: $1,175Net Assets 2017: $475,9642017Assets 2018: $594,663Liabilities 2018: $401Net Assets 2018: $594,2622018Assets 2019: $526,979Liabilities 2019: $13,166Net Assets 2019: $513,8132019Assets 2020: $522,533Liabilities 2020: $26,842Net Assets 2020: $495,6912020Assets 2021: $611,176Liabilities 2021: $23,499Net Assets 2021: $587,6772021Assets 2022: $615,422Liabilities 2022: $305Net Assets 2022: $615,1172022Assets 2023: $614,881Liabilities 2023: $0Net Assets 2023: $614,8812023Assets 2024: $652,345Liabilities 2024: $2,769Net Assets 2024: $649,5762024

Highlighted filing

2016

Assets$379,174
Liabilities$0
Net Assets$379,174

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $303,367Expenses 2016: $263,605Net Income 2016: $39,7622016Revenue 2017: $444,194Expenses 2017: $347,404Net Income 2017: $96,7902017Revenue 2018: $580,183Expenses 2018: $461,885Net Income 2018: $118,2982018Revenue 2019: $503,801Expenses 2019: $584,250Net Income 2019: -$80,4492019Revenue 2020: $86,163Expenses 2020: $104,285Net Income 2020: -$18,1222020Revenue 2021: $293,969Expenses 2021: $201,983Net Income 2021: $91,9862021Revenue 2022: $392,771Expenses 2022: $365,331Net Income 2022: $27,4402022Revenue 2023: $432,797Expenses 2023: $433,033Net Income 2023: -$2362023Revenue 2024: $364,475Expenses 2024: $329,780Net Income 2024: $34,6952024

Highlighted filing

2016

Revenue$303,367
Expenses$263,605
Net Income$39,762
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 15, 2017
Return Version
2016v3.0
Gross Receipts
$303,367
Mission and Program Overview

Mission

Promote the exchange of scientific information on cannabinoids through scientific meetings; serve as a resource for information on chemistry, pharmacology, uses, toxicology, behavioral, psychological, and social effects of cannabis and its constituents.

Promote the exchange of scientific information on cannabinoids

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$325,662$377,174▲ $51,512
Prepaid Expenses and Deferred Charges$13,750$2,000▼ $11,750
Total Assets$339,412$379,174▲ $39,762
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$339,412$379,174▲ $39,762
Total Net Assets Fund Balance$339,412$379,174▲ $39,762
Total Liabilities and Net Assets / Fund Balance$339,412$379,174▲ $39,762
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason Schechter PhdManaging DirectorPT$47,500$47,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,327
Program Service Revenue
$203,040
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,900
Change in Net Assets
$39,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,555
Salaries, Compensation, and Employee Benefits$47,500
Grants and Similar Amounts Paid$27,550
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$166,952--$166,952
Current Officers, Directors, Trustees, and Key Employees$35,625$11,875-$47,500
Foreign Grants$14,750--$14,750
Grants to Domestic Individuals$12,800--$12,800
Information Technology$7,143$378-$7,521
Fees for Services Accounting-$3,600-$3,600
Travel$1,472--$1,472
Office Expenses$69$17-$86
Other Expenses-$59-$59
Total Functional Expenses$238,811$24,794$0$263,605
International Activity

International Summary

Spending
$156,876

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ActivityAnnual Conference--$156,876
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board's treasurer receives the 990 and provides it to the entire board for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

The society requires board members to disclose actual and potential conflicts, which are then discussed and reviewed by the board.

Form 990, Page 6, Part VI, Line 15A

The organization's executive director is unpaid.

Form 990, Page 6, Part VI, Line 15B

Managing director's 1099 compensation is based on comparable data from similar organizations and is subject to review by the board annually.

Form 990, Page 6, Part VI, Line 19

The society makes its governing documents available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
International Cannabinoid Research
EIN
32-0373206
Phone
2157072638
Address
115 S CHESTNUT STREET, WINSTONSALEM, NC 27101

Signing Officer

Name
Stephen Kinsey Phd
Title
Treasurer
Phone
2157072638
Signed
2017-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Hill Phd
Formed
2012
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Maddison & Caison Llp
Address
1111 OBERLIN RD, RALEIGH, NC 27605-1136
Preparer
Susan Glendenning
Phone
9198215482
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Promote the exchange of scientific information on cannabinoids through scientific meetings; serve as a resource for information on chemistry, pharmacology, uses, toxicology, behavioral, psychological, and social effects of cannabis and its constituents.

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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0156876
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ANNUAL CONFERENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM ACTIVITY
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt05250
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt11000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt26000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt31000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt4100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt5300
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt6100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt71000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt4CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt5CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt6CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt7PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt021
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt12
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt212
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt32
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt41
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt53
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt61
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt73
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EUROPE, ICELAND & GREENLAND
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA & PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2NORTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3MIDDLE EAST & NORTH AFRICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt4EAST ASIA & PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt5EUROPE, ICELAND & GREENLAND
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt6NORTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt7EUROPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0TRAVEL AWARDS - 250
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1TRAVEL AWARDS - 500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2TRAVEL AWARDS - 500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3TRAVEL AWARDS - 500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt4ICRS AWARDS - 100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt5ICRS AWARDS - 100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt6ICRS AWARDS - 100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt7OTHER AWARDS
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0156876
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TRAVEL AWARDS ARE PROVIDED TO ASSIST STUDENTS IN TRAVELING TO THE ANNUAL CONFERENCE. STUDENT ATTENDANCE AT THE CONFERENCE IS TRACKED TO VERIFY USE OF FUNDS. STIPEND IS LESS THAN THE ACTUAL COST OF TRAVEL TO THE CONFERENCE; THEREFORE, THERE ARE NO EXCESS FUNDS TO BE ACCOUNTED FOR AFTER THE EVENT.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1EUROPE 156,876 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalSpentAmt0156876
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TRAVEL AWARDS - 500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ICRS AWARD - 100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TRAVEL AWARDS ARE PROVIDED TO ASSIST STUDENTS IN TRAVELING TO THE ANNUAL CONFERENCE. STUDENT ATTENDANCE AT THE CONFERENCE IS TRACKED TO VERIFY USE OF FUNDS. STIPEND IS LESS THAN THE ACTUAL COST OF TRAVEL TO THE CONFERENCE; THEREFORE, THERE ARE NO EXCESS FUNDS TO BE ACCOUNTED FOR AFTER THE EVENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE THE EXCHANGE OF SCIENTIFIC INFORMATION ON CANNABINOIDS THROUGH SCIENTIFIC MEETINGS; SERVE AS A RESOURCE FOR INFORMATION ON CHEMISTRY, PHARMACOLOGY, USES, TOXICOLOGY, BEHAVIORAL, PSYCHOLOGICAL, AND SOCIAL EFFECTS OF CANNABIS AND ITS CONSTITUENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD'S TREASURER RECEIVES THE 990 AND PROVIDES IT TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOCIETY REQUIRES BOARD MEMBERS TO DISCLOSE ACTUAL AND POTENTIAL CONFLICTS, WHICH ARE THEN DISCUSSED AND REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S EXECUTIVE DIRECTOR IS UNPAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGING DIRECTOR'S 1099 COMPENSATION IS BASED ON COMPARABLE DATA FROM SIMILAR ORGANIZATIONS AND IS SUBJECT TO REVIEW BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SOCIETY MAKES ITS GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0339412
IRS990/TotalAssetsEOYAmt0379174
IRS990/TotalAssetsGrp/BOYAmt0339412
IRS990/TotalAssetsGrp/EOYAmt0379174
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0100327
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024794
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0238811
IRS990/TotalFunctionalExpensesGrp/TotalAmt0263605
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0339412
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0379174
IRS990/TotalProgramServiceExpensesAmt0238811
IRS990/TotalProgramServiceRevenueAmt0203040
IRS990/TotalReportableCompFromOrgAmt047500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0203040
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0303367
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0339412
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0379174
IRS990/TravelGrp/ProgramServicesAmt01472
IRS990/TravelGrp/TotalAmt01472
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0339412
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0379174
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0115 S CHESTNUT STREET
IRS990/USAddress/CityNm0WINSTONSALEM

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