Civic Intelligence

World Cannabis Foundation

990EZ • Fiscal year 2019 • EIN 95-4544073

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 06, 2020

Organization Profile
825 N LA Jolla AveLos Angeles, CA 90046

(818) 203-8765

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

96th percentile

265%

Faster asset growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

5775%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$13,418

Up $9,739 (+265%) from 2018

Net Assets

Up

$13,418

Up $9,739 (+265%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin89th percentile

Revenue

Up

$23,500

Up $23,100 (+5775%) from 2018

Expenses

Up

$13,761

Up $13,761 from 2018

Net Income

Up

$9,739

Up $9,339 (+2335%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$15K$10K$5.0K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $1Liabilities 2012: $02012Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2016: $3,673Liabilities 2016: $02016Assets 2017: $3,279Liabilities 2017: $02017Assets 2018: $3,679Liabilities 2018: $0Net Assets 2018: $3,6792018Assets 2019: $13,418Liabilities 2019: $0Net Assets 2019: $13,4182019Assets 2020: $3,261Liabilities 2020: $0Net Assets 2020: $3,2612020Assets 2021: $3,417Liabilities 2021: $0Net Assets 2021: $3,4172021

Highlighted filing

2019

Assets$13,418
Liabilities$0
Net Assets$13,418
Open 2019 Filing

Operations Trend

Revenue Growth100th percentile

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

$30K$20K$10K$0-$10K-$20KRevenue 2011: $1Expenses 2011: $0Net Income 2011: $12011Revenue 2012: $1Expenses 2012: $0Net Income 2012: $12012Revenue 2014: $1Expenses 2014: $0Net Income 2014: $12014Revenue 2015: $1Expenses 2015: $0Net Income 2015: $12015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $400Net Income 2017: -$4002017Revenue 2018: $400Expenses 2018: $0Net Income 2018: $4002018Revenue 2019: $23,500Expenses 2019: $13,761Net Income 2019: $9,7392019Revenue 2020: $1,034Expenses 2020: $11,191Net Income 2020: -$10,1572020Revenue 2021: $3,666Expenses 2021: $3,509Net Income 2021: $1572021

Highlighted filing

2019

Revenue$23,500
Expenses$13,761
Net Income$9,739
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 6, 2020
Return Version
2019v5.1
Gross Receipts
$23,500
Mission and Program Overview

Mission

Educate about hemp and cannabis

Program Services

DescriptionGrantsExpenses
WCF in 2019 was conducting agronomic research on industrial hemp across California and ultimately had 10 different research plots in-state.-$13,761
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW MCCLAINCEOPT$0--
TONY DELAROSA DE VEYRASecretaryPT$0--
ROCIO KERSHENBAUMCFOPT$0--
Filing and Contact Details

Filer

Filer Name
World Cannabis Foundation
EIN
95-4544073
Phone
8182038765
Address
825 N LA JOLLA AVE, LOS ANGELES, CA 90046

Signing Officer

Name
Rocio Kershenbaum
Title
CFO
Phone
8182038765
Signed
2020-10-06
Discuss with paid preparer
No

Preparer

Firm
Ac Business Services
Address
8484 WILSHIRE BLVD SUITE 430, BEVERLY HILLS, CA 90211
Preparer
Ricardo R Coutinho
Phone
3236512185
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: ACCOUNTING Amount: 500”

Part I, line 16

“Description: BANK FEES Amount: 60”

Part I, line 16

“Description: INTERNET EXPENSES Amount: 1095”

Part I, line 16

“Description: LOAN PAYMENTS Amount: 7300”

Part I, line 16

“Description: VIDEO EXPENSES Amount: 821”

Raw XML Appendix131 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROCIO KERSHENBAUM
IRS990EZ/BooksInCareOfDetail/PhoneNum08182038765
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0823 N LA JOLLA AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090046
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03679
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013418
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IRS990EZ/ContributionsGiftsGrantsEtcAmt023500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09739
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03985
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03679
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013418
IRS990EZ/GrossReceiptsAmt023500
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03679
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013418
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03679
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW MCCLAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TONY DELAROSA DE VEYRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROCIO KERSHENBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09776
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATE ABOUT HEMP AND CANNABIS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WCF in 2019 was conducting agronomic research on industrial hemp across California and ultimately had 10 different research plots in-state.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013761
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013761
IRS990EZ/TotalProgramServiceExpensesAmt013761
IRS990EZ/TotalRevenueAmt023500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03279
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt027179
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt027179
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03279
IRS990ScheduleA/Total509Grp/TotalAmt027179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03279
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt027179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: ACCOUNTING Amount: 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: BANK FEES Amount: 60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: INTERNET EXPENSES Amount: 1095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: LOAN PAYMENTS Amount: 7300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: VIDEO EXPENSES Amount: 821
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I, line 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ROCIO KERSHENBAUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08182038765
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD CANNABIS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0954544073
ReturnHeader/Filer/PhoneNum08182038765
ReturnHeader/Filer/USAddress/AddressLine1Txt0825 N LA JOLLA AVE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090046
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0870C67916423F5498B1915CEE55DCDED934037C9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09999999999999999999999999999999999999999
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.180.15.193
ReturnHeader/FilingSecurityInformation/IPDt02020-10-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:00:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815272188
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AC BUSINESS SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08484 WILSHIRE BLVD SUITE 430
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEVERLY HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090211
ReturnHeader/PreparerPersonGrp/PhoneNum03236512185
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICARDO R COUTINHO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-10-06T15:33:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,418
Liabilities
$0
Net assets
$13,418
Revenue
$23,500
Expenses
$13,761
Net income
$9,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$3.67$3.51$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$1.03$11.2$10.2
2019Detailed filing. Detailed filing data is available for this year.$13.4$0.00$13.4$23.5$13.8$9.74
2018Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.40$0.00$0.40
2017Summary only. Only limited summary data is available for this year.$3.28$0.00$0.00$0.40$0.40
2016Summary only. Only limited summary data is available for this year.$3.67$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00