Civic Intelligence

Tregoed Inc.

990 • Fiscal year 2021 • EIN 13-3740564

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 26, 2022

103 Carnegie Ctr Ste 205Princeton, NJ 08540-6235

(866) 268-3980

Siviq Scores

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

Liabilities / Assets

34th percentile

0.02x

Higher debt load relative to assets than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

63rd percentile

20%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$126,125

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

67th percentile

20%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

79%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$781,048

Up $127,738 (+20%) from 2020

Net Assets

Up

$767,753

Up $154,364 (+25%) from 2020

Liabilities

Down

$13,295

Down $26,626 (-67%) from 2020

Revenue

Up

$1,001,100

Up $443,261 (+79%) from 2020

Expenses

Up

$797,446

Up $96,569 (+14%) from 2020

Net Income

Up

$203,654

Up $346,692 (+242%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $297,276Liabilities 2014: $8,3562014Assets 2015: $343,479Liabilities 2015: $6,750Net Assets 2015: $336,7292015Assets 2016: $447,655Liabilities 2016: $8,898Net Assets 2016: $438,7572016Assets 2017: $547,015Liabilities 2017: $0Net Assets 2017: $547,0152017Assets 2018: $636,039Liabilities 2018: $595Net Assets 2018: $635,4442018Assets 2019: $602,708Liabilities 2019: $4,136Net Assets 2019: $598,5722019Assets 2020: $653,310Liabilities 2020: $39,921Net Assets 2020: $613,3892020Assets 2021: $781,048Liabilities 2021: $13,295Net Assets 2021: $767,7532021Assets 2022: $634,494Liabilities 2022: $9,335Net Assets 2022: $625,1592022Assets 2023: $550,293Liabilities 2023: $24,715Net Assets 2023: $525,5782023Assets 2024: $205,889Liabilities 2024: $0Net Assets 2024: $205,8892024

Highlighted filing

2021

Assets$781,048
Liabilities$13,295
Net Assets$767,753

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $667,726Expenses 2014: $676,107Net Income 2014: -$8,3812014Revenue 2015: $697,290Expenses 2015: $666,431Net Income 2015: $30,8592015Revenue 2016: $727,946Expenses 2016: $625,918Net Income 2016: $102,0282016Revenue 2017: $859,761Expenses 2017: $751,503Net Income 2017: $108,2582017Revenue 2018: $869,806Expenses 2018: $865,319Net Income 2018: $4,4872018Revenue 2019: $811,468Expenses 2019: $928,854Net Income 2019: -$117,3862019Revenue 2020: $557,839Expenses 2020: $700,877Net Income 2020: -$143,0382020Revenue 2021: $1,001,100Expenses 2021: $797,446Net Income 2021: $203,6542021Revenue 2022: $723,764Expenses 2022: $914,620Net Income 2022: -$190,8562022Revenue 2023: $851,715Expenses 2023: $1,030,756Net Income 2023: -$179,0412023Revenue 2024: $338,375Expenses 2024: $708,534Net Income 2024: -$370,1592024

Highlighted filing

2021

Revenue$1,001,100
Expenses$797,446
Net Income$203,654
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 26, 2022
Return Version
2021v4.2
Gross Receipts
$1,001,100
Mission and Program Overview

Mission

Tregoed provides workshops and consulting to build skills and school district capacity for effective individual and collective problem solving and decision making

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$249,458$342,233▲ $92,775
Savings and Temporary Cash Investments$179,824$179,347▼ $477
Investments in Publicly Traded Securities$150,293$150,767▲ $474
Accounts Receivable$52,145$61,725▲ $9,580
Pledges and Grants Receivable$0$25,000▲ $25,000
Prepaid Expenses and Deferred Charges$21,590$21,976▲ $386
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$653,310$781,048▲ $127,738
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$18,989$9,495▼ $9,494
Deferred Revenue$20,750$3,750▼ $17,000
Accounts Payable and Accrued Expenses$182$50▼ $132
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$39,921$13,295▼ $26,626
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$566,986$723,849▲ $156,863
Net Assets With Donor Restrictions$46,403$43,904▼ $2,499
Total Net Assets Fund Balance$613,389$767,753▲ $154,364
Total Liabilities and Net Assets / Fund Balance$653,310$781,048▲ $127,738
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael Curran-haysExec Director-$126,125$126,125
Kathryn BlackburnVice PresidentPT$68,717$68,717
Cynthia RichettiVice PresidentPT$65,303$65,303

Board Members and Trustees

NameTitle
William BaldwinBoard Chairman
Christopher CrossTrustee
David VerdugoTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$491,657
Program Service Revenue
$505,232
Investment Income
$4,193
Other Revenue
$18
All Other Contributions
$225,000
Change in Net Assets
$203,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$894,472
Revenue Not Reported on Financial Statements
$106,628
Revenue Not Reported on Form 990
$56,810
Other Revenue Adjustments
$106,100
Total Revenue per Audited Statements
$951,282
Total Revenue per Form 990
$1,001,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$623,217
Other Expenses$174,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$238,684$38,967-$277,651
Current Officers, Directors, Trustees, and Key Employees$204,743$55,402-$260,145
Other Employee Benefits$35,459$7,546-$43,005
Travel$34,276$8,406-$42,682
Payroll Taxes$34,973$7,443-$42,416
Office Expenses-$23,309-$23,309
Fees for Services Accounting-$18,191-$18,191
Advertising$11,161--$11,161
All Other Expenses$2,063$4,275-$6,338
Insurance-$3,385-$3,385
Fees for Services Legal-$3,016-$3,016
Occupancy-$3,000-$3,000
Other Expenses$2,854$1,308-$1,308
Fees for Service Investment Mgmnt Fees-$528-$528
Total Functional Expenses$622,670$174,776$0$797,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$797,446
Expenses per Audited Statements$796,918
Total Expenses per Audited Statements$796,918
Expenses Not Reported on Financial Statements$528
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Payroll Taxes$9,495
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI, Line 11B-form 990 Review Process

The 990 is reviewed and approved by the board prior to filing

Filing and Contact Details

Filer

Filer Name
Tregoed Inc
EIN
13-3740564
In Care Of
% CAROL GREGOROVIC
Phone
8662683980
Address
103 CARNEGIE CTR STE 205, PRINCETON, NJ 08540-6235

Signing Officer

Name
Michael Curran-hays
Title
Executive Director
Phone
7175710487
Signed
2022-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Curran-hays
Formed
1994
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
3
Employees
7

Preparer

Firm
Wilkin & Guttenplan Pc
Address
1200 TICES LANE, EAST BRUNSWICK, NJ 08816
Preparer
Heidi L Dreyfuss
Phone
7328463000
Supplemental Narrative

Additional Explanations

Part XI, Line 9-other Changes in Net Assets

Government grant from ppp loan received in 2020 recognized as income for book purposes, but not until 2021 for tax purposes when loan was forgiven

Financial Statement Notes

Part XI, Line 4B-other Revenue on Return But Not on Books

Government grant for ppp loan in the amount of $106,100 recognized as government grant income for book purposes in 2020 when loan was received, but not until 2021 for tax purposes when loan was forgiven

Raw XML AppendixShowing 400 of 503 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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