Natural Algae Astaxanthin Association

Organization Overview

Natural Algae Astaxanthin Association, operating under the name Naxa, is located in Lawrence, KS. The organization was established in 2014. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naxa is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Naxa generated $111.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $84.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

TO SUPPORT COMPANIES WHO ARE COMMITTED TO THE PRODUCTION AND RESEARCH OF NATURAL ASTAXANTHIN DERIVED FROM HAEMATOCOCCUS PLUVIALIS, WHILE PROMOTING HEALTH BENEFITS, SUPPORTING PUBLIC EDUCATION AND SAFETY, AND PRODUCT QUALITY AND TESTING STANDARDS, WHILE ADVANCING GOVERNMENT, HEALTH CARE, AND INDUSTRY RELATIONS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$111,220
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$111,220

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