Civic Intelligence

American Herbal Products Association

EIN 87-0391960 • 501(c)6 • Silver Spring, MD

Profile

To promote the responsible commerce of herbal products.

8630 Fenton Street 123Silver Spring, MD 20910

www.ahpa.org

Siviq Scores

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

Liabilities / Assets

84th percentile

0.49x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.31x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

61st percentile

7.9%

Higher net margin than 61% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$311,188

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

85th percentile

24%

Faster asset growth than 85% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,775,352

Up $342,047 (+24%) from 2023

Liabilities

Up

$870,890

Up $82,039 (+10%) from 2023

Net Assets

Up

$904,462

Up $260,008 (+40%) from 2023

Revenue

Up

$2,791,888

Up $284,700 (+11%) from 2023

Expenses

Up

$2,570,766

Up $19,447 (+0.8%) from 2023

Net Income

Up

$221,122

Up $265,253 (+601%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,039,192Liabilities 2010: $320,448Net Assets 2010: $718,7442010Assets 2011: $1,049,545Liabilities 2011: $244,573Net Assets 2011: $804,9722011Assets 2012: $1,482,670Liabilities 2012: $428,741Net Assets 2012: $1,053,9292012Assets 2013: $1,502,049Liabilities 2013: $339,981Net Assets 2013: $1,162,0682013Assets 2014: $1,036,859Liabilities 2014: $53,101Net Assets 2014: $983,7582014Assets 2015: $625,609Liabilities 2015: $161,969Net Assets 2015: $463,6402015Assets 2016: $845,324Liabilities 2016: $320,041Net Assets 2016: $525,2832016Assets 2017: $882,699Liabilities 2017: $136,805Net Assets 2017: $745,8942017Assets 2018: $1,048,224Liabilities 2018: $157,964Net Assets 2018: $890,2602018Assets 2019: $1,358,929Liabilities 2019: $314,808Net Assets 2019: $1,044,1212019Assets 2020: $1,420,403Liabilities 2020: $269,549Net Assets 2020: $1,150,8542020Assets 2021: $1,426,211Liabilities 2021: $737,250Net Assets 2021: $688,9612021Assets 2022: $1,275,642Liabilities 2022: $593,340Net Assets 2022: $682,3022022Assets 2023: $1,433,305Liabilities 2023: $788,851Net Assets 2023: $644,4542023Assets 2024: $1,775,352Liabilities 2024: $870,890Net Assets 2024: $904,4622024

Highlighted filing

2024

Assets$1,775,352
Liabilities$870,890
Net Assets$904,462

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,265,704Expenses 2010: $1,159,292Net Income 2010: $106,4122010Revenue 2011: $1,352,034Expenses 2011: $1,265,806Net Income 2011: $86,2282011Revenue 2012: $1,661,094Expenses 2012: $1,412,137Net Income 2012: $248,9572012Revenue 2013: $1,591,635Expenses 2013: $1,483,496Net Income 2013: $108,1392013Revenue 2014: $1,769,068Expenses 2014: $1,947,378Net Income 2014: -$178,3102014Revenue 2015: $1,888,127Expenses 2015: $2,365,783Net Income 2015: -$477,6562015Revenue 2016: $2,272,747Expenses 2016: $2,211,105Net Income 2016: $61,6422016Revenue 2017: $2,337,895Expenses 2017: $2,117,284Net Income 2017: $220,6112017Revenue 2018: $2,389,297Expenses 2018: $2,244,930Net Income 2018: $144,3672018Revenue 2019: $2,519,348Expenses 2019: $2,350,411Net Income 2019: $168,9372019Revenue 2020: $2,302,408Expenses 2020: $2,203,495Net Income 2020: $98,9132020Revenue 2021: $2,587,096Expenses 2021: $2,480,815Net Income 2021: $106,2812021Revenue 2022: $2,625,276Expenses 2022: $2,622,320Net Income 2022: $2,9562022Revenue 2023: $2,507,188Expenses 2023: $2,551,319Net Income 2023: -$44,1312023Revenue 2024: $2,791,888Expenses 2024: $2,570,766Net Income 2024: $221,1222024

Highlighted filing

2024

Revenue$2,791,888
Expenses$2,570,766
Net Income$221,122

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.87$0.90$2.79$2.57$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.79$0.64$2.51$2.55$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.59$0.68$2.63$2.62$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.74$0.69$2.59$2.48$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.27$1.15$2.30$2.20$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.31$1.04$2.52$2.35$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.16$0.89$2.39$2.24$0.14
2017Summary only. Only limited summary data is available for this year.$0.88$0.14$0.75$2.34$2.12$0.22
2016Summary only. Only limited summary data is available for this year.$0.85$0.32$0.53$2.27$2.21$0.06
2015Summary only. Only limited summary data is available for this year.$0.63$0.16$0.46$1.89$2.37$0.48
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.98$1.77$1.95$0.18
2013Summary only. Only limited summary data is available for this year.$1.50$0.34$1.16$1.59$1.48$0.11
2012Summary only. Only limited summary data is available for this year.$1.48$0.43$1.05$1.66$1.41$0.25
2011Summary only. Only limited summary data is available for this year.$1.05$0.24$0.80$1.35$1.27$0.09
2010Summary only. Only limited summary data is available for this year.$1.04$0.32$0.72$1.27$1.16$0.11
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$2,659,391
Mission and Program Overview

Mission

To promote the responsible commerce of herbal products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,017,726$1,011,233▼ $6,493
Accounts Receivable$80,317$179,949▲ $99,632
Land, Buildings, and Equipment, Net$12,358$31,722▲ $19,364
Prepaid Expenses and Deferred Charges$22,310$14,008▼ $8,302
Cash and Non-Interest-Bearing Accounts$284,899$-968▼ $285,867
Total Assets$1,426,211$1,275,642▼ $150,569
Other Assets Total$8,601$39,698▲ $31,097
Liabilities
Other Liabilities$688,109$538,041▼ $150,068
Accounts Payable and Accrued Expenses$49,141$55,299▲ $6,158
Total Liabilities$737,250$593,340▼ $143,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$620,597$667,227▲ $46,630
Net Assets With Donor Restrictions$68,364$15,075▼ $53,289
Total Net Assets Fund Balance$688,961$682,302▼ $6,659
Total Liabilities and Net Assets / Fund Balance$1,426,211$1,275,642▼ $150,569

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,722$105,577$137,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael McGuffinPresidentFT$286,650$13,594$300,244
Holly JohnsonChief Science OfficerFT$192,635$23,466$216,101
Amber L BennettVP of MarketingFT$170,063$28,039$198,102
Jane WilsonDirector of Program DeveloFT$166,769$6,083$172,852
Melissa K DoDirector of CommunicationsFT$120,000$14,977$134,977
Robert W MarriotDirector of Regulatory AffairsFT$115,192$16,768$131,960
Merle D ZimmermannChief Info AnalystFT$113,622$15,016$128,638
Revenue and Support

Revenue Composition

Contributions and Grants
$308,800
Program Service Revenue
$1,983,388
Investment Income
$2,992
Other Revenue
$330,096
All Other Contributions
$308,800
Change in Net Assets
$2,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,739,729
Other Expenses$882,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,164,931
Comp Disqual Persons---$377,689
Conferences and Meetings---$153,181
Fees for Services Lobbying---$119,591
Payroll Taxes---$109,040
Fees for Services Accounting---$93,149
Fees for Services Legal---$84,382
Occupancy---$68,117
All Other Expenses---$62,012
Other Employee Benefits---$60,909
Fees for Services Other---$42,685
Insurance---$34,141
Other Expenses---$33,871
Pension Plan Contributions---$27,160
Depreciation Depletion---$8,986
Total Functional Expenses$0$0$0$2,622,320
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$119,591
Total Nondeductible Lobbying and Political Cost$119,591
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Dues$430,683
Accrued Wages & Vacation$66,331
Lease Liability$16,612
Deferred Rents$14,485
Due to IASC$4,780
State W/H Payable$2,650
Due to Foundation$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

AHPA has two membership categories: Active members - growers, importers, processors, marketers and manufacturers of herbal products whose principal place of business is in the U.S. are eligible for full voting membership in AHPA. Associate members - individuals or business organizations not directly engaged in but "serving" the herbal products industry may hold a nonvoting membership in AHPA.

Form 990, Part VI, Section A, line 7A

The full voting active members elect the members of the governing body when vacancies arise.

Form 990, Part VI, Section A, line 7B

Only members have the authority to change dues or amend the bylaws.

Form 990, Part VI, Section A, line 8B

The committees do not have the authority to act on behalf of the governing body, however, the committees do contemporaneously document the meetings.

Form 990, Part VI, Section B, line 11B

AHPA's president thoroughly reviews Form 990 and all attachments. The 990 is submitted to the president of AHPA for final review prior to filing.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy is included in the bylaws. The organization relies upon the integrity and honesty of each member of governance and management. If the organization becomes aware of a conflict, it asks the individual(s) to recuse themselves.

Form 990, Part VI, Section B, line 15

The process for determining compensation of top management and for other officers or key employees includes reviewing other Form 990's for similar organizations for certain positions.

Form 990, Part VI, Section C, line 19

The organization's governing documents are available to the public on its website. The financial statements are generally not provided to the members. The organization's Forms 990 and 990-T are available to members and the general public upon request.

Filing and Contact Details

Filer

Filer Name
American Herbal Products Association
EIN
87-0391960
Phone
3015881171
Address
8630 Fenton Street 123, Silver Spring, MD 20910

Signing Officer

Name
Michael McGuffin
Title
President
Phone
3015881171
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael McGuffin
Formed
1982
Legal Domicile
Md
Voting Board Members
34
Independent Board Members
34
Employees
15
Volunteers
0

Preparer

Firm
ChapinSandstrom LLC
Address
10440 Little Patuxent Parkway Suite, 590, Columbia, MD 21044
Preparer
Joanne Yoo CPA
Phone
4109920200
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

AHPA has adopted the provisions of ASC 740, income taxes, related to uncertain tax positions. This standard clarifies the accounting for uncertainty in income taxes recognized in an enterprise's general purpose financial statements. Based on an analysis of identified tax positions, management determined that such were more likely than not to be sustained upon examination by the respective taxing authorities including resolution of any related appeals or litigation processes based on the technical merits of each position. Furthermore, based on this analysis, management determined that all identified positions should be fully recognized in the respective financial statements consistent with the measurement criteria under ASC 740.

Raw XML AppendixShowing 400 of 731 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.

Path#Value
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IRS990/ActivityOrMissionDesc0To promote the responsible commerce of herbal products.
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IRS990/Form990PartVIISectionAGrp/TitleTxt32Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt33Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt34President
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