Civic Intelligence

Trekkers Inc.

990 • Fiscal year 2022 • EIN 01-0537500

Sep 01, 2021 to Aug 31, 2022 • Filed on Mar 20, 2023

325 Old County RoadRockland, ME 04841

(207) 594-5095

Siviq Scores

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

Liabilities / Assets

61st percentile

0.13x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.09x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

113%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

61%

Faster revenue growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,113,647

Up $590,449 (+113%) from 2021

Net Assets

Up

$965,813

Up $759,385 (+368%) from 2021

Liabilities

Down

$147,834

Down $168,936 (-53%) from 2021

Revenue

Up

$1,626,423

Up $616,288 (+61%) from 2021

Expenses

Up

$867,034

Up $85,575 (+11%) from 2021

Net Income

Up

$759,389

Up $530,713 (+232%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $131,982Liabilities 2011: $3,810Net Assets 2011: $128,1722011Assets 2012: $106,748Liabilities 2012: $19,644Net Assets 2012: $87,1042012Assets 2013: $160,270Liabilities 2013: $69,987Net Assets 2013: $90,2832013Assets 2014: $142,232Liabilities 2014: $81,753Net Assets 2014: $60,4792014Assets 2015: $100,090Liabilities 2015: $58,014Net Assets 2015: $42,0762015Assets 2016: $97,376Liabilities 2016: $19,268Net Assets 2016: $78,1082016Assets 2017: $224,470Liabilities 2017: $36,391Net Assets 2017: $188,0792017Assets 2018: $229,637Liabilities 2018: $172,485Net Assets 2018: $57,1522018Assets 2019: $104,535Liabilities 2019: $30,623Net Assets 2019: $73,9122019Assets 2020: $283,579Liabilities 2020: $305,827Net Assets 2020: -$22,2482020Assets 2021: $523,198Liabilities 2021: $316,770Net Assets 2021: $206,4282021Assets 2022: $1,113,647Liabilities 2022: $147,834Net Assets 2022: $965,8132022Assets 2023: $1,551,864Liabilities 2023: $193,966Net Assets 2023: $1,357,8982023Assets 2024: $1,791,637Liabilities 2024: $186,945Net Assets 2024: $1,604,6922024

Highlighted filing

2022

Assets$1,113,647
Liabilities$147,834
Net Assets$965,813

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $223,171Expenses 2011: $305,316Net Income 2011: -$82,1452011Revenue 2012: $344,057Expenses 2012: $335,123Net Income 2012: $8,9342012Revenue 2013: $410,771Expenses 2013: $407,592Net Income 2013: $3,1792013Revenue 2014: $477,813Expenses 2014: $507,617Net Income 2014: -$29,8042014Revenue 2015: $549,973Expenses 2015: $568,376Net Income 2015: -$18,4032015Revenue 2016: $617,333Expenses 2016: $581,301Net Income 2016: $36,0322016Revenue 2017: $778,606Expenses 2017: $688,647Net Income 2017: $89,9592017Revenue 2018: $564,785Expenses 2018: $695,712Net Income 2018: -$130,9272018Revenue 2019: $844,265Expenses 2019: $827,505Net Income 2019: $16,7602019Revenue 2020: $675,819Expenses 2020: $771,979Net Income 2020: -$96,1602020Revenue 2021: $1,010,135Expenses 2021: $781,459Net Income 2021: $228,6762021Revenue 2022: $1,626,423Expenses 2022: $867,034Net Income 2022: $759,3892022Revenue 2023: $1,367,451Expenses 2023: $975,366Net Income 2023: $392,0852023Revenue 2024: $1,384,150Expenses 2024: $1,137,355Net Income 2024: $246,7952024

Highlighted filing

2022

Revenue$1,626,423
Expenses$867,034
Net Income$759,389
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Mar 20, 2023
Return Version
2021v4.2
Gross Receipts
$1,665,679
Mission and Program Overview

Mission

A outdoor-based mentoring program that helps young people discover and develop their inherent strengths to promote personal growth through long-term relationships, experiential programming, a network of community supports and trains others to do the same.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$667$537,409▲ $536,742
Cash and Non-Interest-Bearing Accounts$286,507$343,988▲ $57,481
Land, Buildings, and Equipment, Net$236,003$232,250▼ $3,753
Total Assets$523,198$1,113,647▲ $590,449
Other Assets Total$21--
Liabilities
Unsecured Notes Loans Payable$293,889$140,884▼ $153,005
Other Liabilities$15,751$0▼ $15,751
Deferred Revenue$6,237$5,672▼ $565
Accounts Payable and Accrued Expenses$893$1,278▲ $385
Total Liabilities$316,770$147,834▼ $168,936
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$163,590$773,029▲ $609,439
Net Assets With Donor Restrictions$42,838$192,784▲ $149,946
Total Net Assets Fund Balance$206,428$965,813▲ $759,385
Total Liabilities and Net Assets / Fund Balance$523,198$1,113,647▲ $590,449

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,066$158,379$191,445
Land$118,839-$118,839
Buildings$80,345$2,990$83,335
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathleen MeilPresident
Matthew GrahamVice President
Eric WatersBoard Member
Evelyn IsomBoard Member
Fletcher Smith-mcnaboeBoard Member
Laura MillerBoard Member
Leah ChamberlinBoard Member
Suzanne LuziusBoard Member
Bryson Cowan KingAlumni
Kamryn PriorAlumni
Makaila HickeyAlumni
Adeline McphailCurrent Student
Alyssa LandrithSecretary, Alumni
Doug EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,459,166
Program Service Revenue
$58,810
Investment Income
$-6,275
Other Revenue
$114,722
All Other Contributions
$1,459,166
Change in Net Assets
$759,389

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$77,318Fair Market Value (FMV)
Other Non Cash Contri Table207$62,978Fair Market Value (FMV)
Other Non Cash Contri Table1$11,000Fair Market Value (FMV)
Other Non Cash Contri Table9$563Fair Market Value (FMV)
Other Non Cash Contri Table1$525Fair Market Value (FMV)
Total Noncash Contributions219$152,384-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,633,964
Revenue Not Reported on Financial Statements
$-7,541
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-7,541
Total Revenue per Audited Statements
$1,633,964
Total Revenue per Form 990
$1,626,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$575,621
Other Expenses$289,961
Total Fundraising Expense$162,681
Grants and Similar Amounts Paid$1,452
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,146$99,874$103,984$411,004
Current Officers, Directors, Trustees, and Key Employees$41,609$20,062$20,887$82,558
Other Employee Benefits$29,165$12,528$2,819$44,512
Payroll Taxes$18,924$9,124$9,499$37,547
Advertising$12,000$12,000$9,163$33,163
All Other Expenses$11,098$5,539$1,213$17,850
Information Technology$465$17,192$87$17,744
Other Expenses$15,200$22,345$9,042$15,200
Insurance$2,059$10,498-$12,557
Occupancy-$9,696-$9,696
Office Expenses$201$8,147$1,200$9,548
Depreciation Depletion$6,684$603$1,587$8,874
Travel$1,118$2,025$1,650$4,793
Interest$4,394--$4,394
Fees for Services Accounting-$4,200-$4,200
Fees for Services Other--$1,550$1,550
Grants to Domestic Individuals$1,452--$1,452
Fees for Services Legal-$35-$35
Total Functional Expenses$454,283$250,070$162,681$867,034

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$874,577
Expenses per Audited Statements$867,034
Total Expenses per Form 990$867,034
Expenses Not Reported on Form 990$7,543
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$141,936
Fundraising Direct Expenses$31,714
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fired Up$114,218$114,218$11,718$102,500
Auction$15,698$15,698$14,134$1,564
Total Events$141,936$141,936$31,714$110,222
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of the return is provided to the finance committee of the board prior to filing so they have the opportunity to comment and ask questions.

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

As the policy states, if the governing board or committee believes a member of the board or committee has failed to disclose any actual or possible conflict of interest, it shall inform the member of the basis for that belief and give the member an opportunity to explain the alleged failure to disclose. If, after hearing the members response and after making any further investigation as reasonable, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, which may include, among other such actions, discussing the matter with the member with a request for an explanation and apology, or for a resignation, or taking steps potentially ending tenure.

Form 990, Part VI, Section B, Line 15A

The compensation of the executive director is reviewed by the executive committee, and the finance committee, and then included in the annual budget which is reviewed/approved by the entire board. Nonprofit salary information for comparable positions is collected and included in the review process.

Form 990, Part VI, Section C, Line 19

As the policy states, if the governing board or committee reasonable believes a member of the board or committee has failed to disclose any actual or possible conflict of interest, it shall inform the member of the basis for that belief and give the member an opportunity to explain the alleged failure to disclose. If, after hearing the members response and after making any further investigation as reasonable, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, which may include, among other such actions, discussing the matter with the member with a request for an explanation and apology, or for a resignation, or taking steps potentially ending tenure.

Filing and Contact Details

Filer

Filer Name
Trekkers Inc
EIN
01-0537500
Phone
2075945095
Address
325 OLD COUNTY ROAD, ROCKLAND, ME 04841

Signing Officer

Name
Douglas Erickson
Title
Treasurer
Phone
2075945095
Signed
2023-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Meil
Formed
2000
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
14
Employees
13
Volunteers
169

Preparer

Firm
William H Brewer CPA
Address
858 WASHINGTON STREET, BATH, ME 04530
Phone
2074439759
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -4.

Financial Statement Notes

PART X, LINE 2:

Trekkers, inc. Adopted the recognition requirements for uncertain tax positions as required by generally accepted accounting principles, with no cumulative effect adjustments required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-then-likely-not be sustained upon examination by taxing authorities. The entity has analyzed the tax positions taken in its filings with the internal revenue service and state jurisdictions where it operates. The entity beliveves that its income tax filing position will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the entity's financial condition, results of operations, or cash flows. Accordingly, the entity has not recorded any reserves, or related accruals for interest and penalties for uncertain tax positions at august 31, 2022.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of assets -7,545. Rounding 4.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of assets 7,543. Student fundraisers

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IRS990/ActivityOrMissionDesc0A OUTDOOR-BASED MENTORING PROGRAM THAT HELPS YOUNG PEOPLE DISCOVER AND DEVELOP THEIR INHERENT STRENGTHS TO PROMOTE PERSONAL GROWTH THROUGH LONG-TERM RELATIONSHIPS, EXPERIENTIAL PROGRAMMING, A NETWORK OF COMMUNITY SUPPORTS AND TRAINS OTHERS TO DO THE SAME.
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IRS990/Desc0DURING FYE 8/31/22, TREKKERS CONDUCTED 3 EXPEDITIONARY EXCURSIONS BEYOND THE STATE OF MAINE AND MORE THAN 20 IN STATE SHORT TRIPS AND DAY PROGRAMS, EACH ENCOMPASSING CORE VALUES OF COMMUNITY SERVICE, CROSS-CULTURAL APPRECIATION AND ADVENTURE-BASED EDUCATION. THE EXPEDITIONS HAVE A HIGH RATIO OF ADULT MENTORS TO PARTICIPATING YOUTH, WITH THE GOAL OF CREATING MEANINGFUL CONNECTIONS BETWEEN STUDENTS AND CARING ADULTS, OFFERING SAFE PLACES FOR YOUNG PEOPLE TO BE HEARD, TRUSTED, RESPECTED AND LOVED, AND TEACHING THE DISCIPLINE OF SELF-DETERMINATION, ACTIVE RESPONSIBILITY, AND OTHER LIFE SKILLS. APPROXIMATELY 240 YOUTHS PARTICIPATED IN TREKKERS ACTIVITIES DURING FYE 8/31/22.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9ALUMNI
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY, ALUMNI
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
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IRS990/MissionDesc0A OUTDOOR-BASED MENTORING PROGRAM THAT HELPS YOUNG PEOPLE DISCOVER AND DEVELOP THEIR INHERENT STRENGTHS TO PROMOTE PERSONAL GROWTH THROUGH LONG-TERM RELATIONSHIPS, EXPERIENTIAL PROGRAMMING, A NETWORK OF COMMUNITY SUPPORTS AND TRAINS OTHERS TO DO THE SAME.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012528
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029165
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044512
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc2DEI PROJECT
IRS990/OtherExpensesGrp/Desc3AUTOMOBILE EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt09042
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016202
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122345
IRS990/OtherExpensesGrp/ProgramServicesAmt092044
IRS990/OtherExpensesGrp/ProgramServicesAmt110434
IRS990/OtherExpensesGrp/ProgramServicesAmt2290
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IRS990/OtherExpensesGrp/TotalAmt222635
IRS990/OtherExpensesGrp/TotalAmt315200
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0411004
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09499
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09124
IRS990/PayrollTaxesGrp/ProgramServicesAmt018924
IRS990/PayrollTaxesGrp/TotalAmt037547
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KATHLEEN MEIL
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0PARTICIPANT FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0TREKKERS TRAINING INSTITUTE WAS DEVELOPED TO TRAIN OTHER COMMUNITIES, AGENCIES AND INDIVIDUALS IN TREKKERS YOUTH PROGRAMMING PRINCIPLES. DURING FYE 8/31/22, TEN INDIVIDUALS FROM SEPARATE NON-PROFIT AGENCIES SPENT TIME IN IMMERSIVE TRAINING WITH THE INSTITUTE.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04500
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt09101
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt036818
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt070136
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt029669

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.19$1.60$1.38$1.14$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.55$0.19$1.36$1.37$0.98$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.15$0.97$1.63$0.87$0.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.32$0.21$1.01$0.78$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.31$0.02$0.68$0.77$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.03$0.07$0.84$0.83$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.17$0.06$0.56$0.70$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.19$0.78$0.69$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.62$0.58$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.06$0.04$0.55$0.57$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.08$0.06$0.48$0.51$0.03
2013Summary only. Only limited summary data is available for this year.$0.16$0.07$0.09$0.41$0.41$0.00
2012Summary only. Only limited summary data is available for this year.$0.11$0.02$0.09$0.34$0.34$0.01
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.22$0.31$0.08