Civic Intelligence

International Cannabinoid Research Society

990 • Fiscal year 2017 • EIN 32-0373206

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 20, 2018

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

71st percentile

0.00x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Liabilities / Revenue

71st percentile

0.00x

Higher debt load relative to revenue than 71% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$50,500

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2017 filings • NTEE H • <$500k nonprofits • Source year 2017

Asset Growth

79th percentile

26%

Faster asset growth than 79% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

46%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • NTEE H • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$477,139

Up $97,965 (+26%) from 2016

Net Assets

Up

$475,964

Up $96,790 (+26%) from 2016

Liabilities

Up

$1,175

Up $1,175 from 2016

Revenue

Up

$444,194

Up $140,827 (+46%) from 2016

Expenses

Up

$347,404

Up $83,799 (+32%) from 2016

Net Income

Up

$96,790

Up $57,028 (+143%) from 2016

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

2017

Assets$477,139
Liabilities$1,175
Net Assets$475,964

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

2017

Revenue$444,194
Expenses$347,404
Net Income$96,790
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 20, 2018
Return Version
2017v2.2
Gross Receipts
$444,194
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$377,174$477,139▲ $99,965
Prepaid Expenses and Deferred Charges$2,000--
Total Assets$379,174$477,139▲ $97,965
Liabilities
Deferred Revenue-$1,175-
Total Liabilities$0$1,175▲ $1,175
Net Assets / Fund Balance
Unrestricted Net Assets$379,174$475,964▲ $96,790
Total Net Assets Fund Balance$379,174$475,964▲ $96,790
Total Liabilities and Net Assets / Fund Balance$379,174$477,139▲ $97,965
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason Schechter PhdManaging DirectorPT$50,500$50,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$136,938
Program Service Revenue
$307,256
Investment Income
$0
Other Revenue
$0
All Other Contributions
$47,708
Change in Net Assets
$96,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,651
Salaries, Compensation, and Employee Benefits$50,500
Grants and Similar Amounts Paid$28,253
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$234,451--$234,451
Current Officers, Directors, Trustees, and Key Employees$37,875$12,625-$50,500
Foreign Grants$17,703--$17,703
Grants to Domestic Individuals$10,550--$10,550
Fees for Services Management$5,000$5,000-$10,000
Information Technology$6,270$474-$6,744
Fees for Services Accounting-$3,625-$3,625
Travel$1,149--$1,149
Office Expenses$127$32-$159
Other Expenses-$59-$59
Total Functional Expenses$313,125$34,279$0$347,404
International Activity

International Summary

Spending
$205,289

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
North America - CanadaProgram ActivityAnnual Conference--$205,289
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
2018-02-20
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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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ANNUAL CONFERENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM ACTIVITY
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt06553
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt11100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt27700
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt31650
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt4100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt5200
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt6400
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0CHECK/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt4CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt5CHECK/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt6CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt013
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt12
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt222
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt33
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt41
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt52
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt64
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/TypeOfAssistanceTxt0TRAVEL AWARDS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1TRAVEL AWARDS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2TRAVEL AWARDS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3TRAVEL AWARDS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt4ICRS AWARDS - 100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt5ICRS AWARDS - 100
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt6ICRS AWARDS - 100
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0205289
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/ExplanationTxt1NORTH AMERICA - CANADA 205,289 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalSpentAmt0205289
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TRAVEL AWARDS - 350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ICRS AWARD - 100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt14
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/TotalAssetsBOYAmt0379174
IRS990/TotalAssetsEOYAmt0477139
IRS990/TotalAssetsGrp/BOYAmt0379174
IRS990/TotalAssetsGrp/EOYAmt0477139
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0136938
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034279
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0313125
IRS990/TotalFunctionalExpensesGrp/TotalAmt0347404
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01175
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01175
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0379174
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0475964
IRS990/TotalProgramServiceExpensesAmt0313125
IRS990/TotalProgramServiceRevenueAmt0307256
IRS990/TotalReportableCompFromOrgAmt050500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0307256
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0444194
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0379174
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0477139
IRS990/TravelGrp/ProgramServicesAmt01149
IRS990/TravelGrp/TotalAmt01149
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0379174
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0475964
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0115 S CHESTNUT STREET
IRS990/USAddress/CityNm0WINSTONSALEM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027101
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.CANNABINOIDSOCIETY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN KINSEY PHD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02157072638

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