Civic Intelligence

Hemp Nation

EIN 47-1949587 • 501(c)3 • LA Jara, CO

Revoked990-N Coverage

Profile

Hemp nation's mission is to operate as a research facility to develop and promote personal independence by using raw hemp materials, processing tools, and business techniques to grow, harvest, create, make available, and sell final hemp products.

Revocation date: May 15, 2022

6019 County Road Cc Point 25LA Jara, CO 81140

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

98th percentile

608%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,400

Up $5,496 (+608%) from 2015

Liabilities

Down

$57

Down $2,850 (-98%) from 2015

Net Assets

Up

$6,343

Up $8,346 (+417%) from 2015

Revenue

Up

$53,738

Up $6,451 (+14%) from 2015

Expenses

Down

$45,392

Down $3,898 (-7.9%) from 2015

Net Income

Up

$8,346

Up $10,349 (+517%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0-$5.0KAssets 2014: $1Liabilities 2014: $02014Assets 2015: $904Liabilities 2015: $2,907Net Assets 2015: -$2,0032015Assets 2016: $6,400Liabilities 2016: $57Net Assets 2016: $6,3432016

Highlighted filing

2016

Assets$6,400
Liabilities$57
Net Assets$6,343

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $47,287Expenses 2015: $49,290Net Income 2015: -$2,0032015Revenue 2016: $53,738Expenses 2016: $45,392Net Income 2016: $8,3462016

Highlighted filing

2016

Revenue$53,738
Expenses$45,392
Net Income$8,346

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$53,738
Mission and Program Overview

Mission

Hemp nation's mission is to operate as a research facility to develop and promote personal independence by using raw hemp materials, processing tools, and business techniques to grow, harvest, create, make available, and sell final hemp products.

Program Services

DescriptionGrantsExpenses
TO OPERATE AS A RESEARCH FACILITY TO DEVELOP AND PROMOTE PERSONAL INDEPENDENCE BY USING RAW HEMP MATERIALS TO MAKE AVAILABLE, AND SELL, FINAL HEMP PRODUCTS.$38,914-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KOLSON LUCASPresident-$0--
ROGER CHRISTIANSENVice President-$0--
MICHAEL RIVERASec/Treas.-$0--
CHRIS STANKYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hemp Nation
EIN
47-1949587
Phone
7195893104
Address
6019 COUNTY ROAD CC POINT 25, LA JARA, CO 81140

Signing Officer

Name
Kolson Lucas
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Martinez & Associates Inc
Address
514 Second Street, Alamosa, CO 81101
Preparer
Steven P Martinez CPA
Phone
7195894964
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1321

Other Expenses.1002

Office Expenses $18

Other Expenses.1005

Travel $628

Other Expenses.1009

Depreciation $1600

Other Expenses.1

FOOD/RESALE ITEMS $15389

Other Expenses.2

HEMP SUPPLIES $3434

Other Expenses.3

BANK CHARGES $1032

Other Expenses.4

AUTO EXPENSE $994

Other Expenses.5

Licenses and registrations $802

Other Assets.1001

Automobiles - Beginning $0 Automobiles - Ending $6400

Other Assets.1005

Accounts Receivable - Beginning $904 Accounts Receivable - Ending $0

Total Liabilities.1

SALES TAX PAYABLE - Beginning $2904 SALES TAX PAYABLE - Ending $0

Total Liabilities.2

BANK OVERDRAFT - Beginning $3 BANK OVERDRAFT - Ending $57

Raw XML Appendix160 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LA JARA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREAS.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt025218
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/ProgramServiceRevenueAmt019789
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt038914
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02907
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt057
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045392
IRS990EZ/TotalProgramServiceExpensesAmt038914
IRS990EZ/TotalRevenueAmt053738
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028449
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011400
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt039849
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028449
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt011400
IRS990ScheduleA/Total509Grp/TotalAmt039849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt028449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011400
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt039849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $1600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOOD/RESALE ITEMS $15389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HEMP SUPPLIES $3434
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES $1032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AUTO EXPENSE $994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LICENSES AND REGISTRATIONS $802
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Automobiles - Beginning $0 Automobiles - Ending $6400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Receivable - Beginning $904 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SALES TAX PAYABLE - Beginning $2904 SALES TAX PAYABLE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK OVERDRAFT - Beginning $3 BANK OVERDRAFT - Ending $57
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEMP NATION
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ReturnHeader/Filer/EIN0471949587
ReturnHeader/Filer/PhoneNum07195893104
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0514 Second Street
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081101
ReturnHeader/PreparerPersonGrp/PhoneNum07195894964
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN P MARTINEZ CPA
ReturnHeader/ReturnTs02017-11-14T09:39:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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