Public Charity

AMERICAN KRATOM ASSOCIATION

AMERICAN KRATOM ASSOCIATION is a Public Charity headquartered in GAINSVILLE, VA. Financial data from the 2024 filing: $4.7M revenue, $4.6M expenses, $651K total assets. 1 publicly reported grants to this organization, totaling roughly $12K, appear in IRS filings.

EIN: 472208981 GAINSVILLE, VA Alliances & Advocacy NTEE: E01 Latest filing: 2024
Total Revenue$4.7M
Total Expenses$4.6M
Total Assets$651K
Grant Records1
Funding Total$12K
Filing Years2019–2024

Mission

THE AMERICAN KRATOM ASSOCIATION HAS BEEN FORMED FOR THE CHARITABLE PURPOSE OF PROTECTING THE NATURAL RIGHT OF ALL AMERICANS TO USE THE PLANT KRATOM (MITRAGYNA SPECIOSA) FOR THE PURPOSE THEY CHOOSE

Where $100 goes at American Kratom Association

How American Kratom Association divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$57
Lobbying expenses to educate legislators and their staff regarding public policy concerning kratom
65% of program spending
$22
Other various program expenses related to educating regulators, supporting consumers, creating global awareness, and advocating for environmental protection
26% of program spending
$6
Advertising and marketing expenses to create global awareness and protect natural resources
6% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Chris Bake
BOARD MEMBER Jamie Zeigler
CHAIRMAN Matthew Salmon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$12,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.7M $4.6M $651K
2023 $4.5M $4.4M $533K
2022 $4.0M $4.4M $386K
2020 $2.0M $1.4M $731K
2019 $1.1M $1.5M $42K

Between 2019 and 2024, reported annual revenue grew from $1.1M to $4.7M (+312%), with total assets most recently reported at $651K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for AMERICAN KRATOM ASSOCIATION

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