Civic Intelligence

Taproot Inc.

990 • Fiscal year 2022 • EIN 26-0773013

Sep 01, 2021 to Aug 31, 2022 • Filed on May 22, 2022

1111 Fairchild StIowa City, IA 52245

(319) 325-0695

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$89,440

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.2% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-34%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-4.8%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$99,439

Down $51,062 (-34%) from 2021

Net Assets

Up

$92,220

Up $34,169 (+59%) from 2021

Liabilities

Down

$7,219

Down $85,231 (-92%) from 2021

Revenue

Down

$254,201

Down $12,836 (-4.8%) from 2021

Expenses

Up

$220,986

Up $5,488 (+2.5%) from 2021

Net Income

Down

$33,215

Down $18,324 (-36%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2010: $31,739Liabilities 2010: $19,603Net Assets 2010: $12,1362010Assets 2012: $43,804Liabilities 2012: $42,968Net Assets 2012: $8362012Assets 2013: $32,660Liabilities 2013: $34,337Net Assets 2013: -$1,6772013Assets 2014: $51,956Liabilities 2014: $43,346Net Assets 2014: $8,6102014Assets 2015: $140,681Liabilities 2015: $105,518Net Assets 2015: $35,1632015Assets 2016: $185,574Liabilities 2016: $121,677Net Assets 2016: $63,8972016Assets 2017: $124,027Liabilities 2017: $104,719Net Assets 2017: $19,3082017Assets 2018: $100,920Liabilities 2018: $0Net Assets 2018: $100,9202018Assets 2019: $101,363Liabilities 2019: $79,534Net Assets 2019: $21,8292019Assets 2020: $94,254Liabilities 2020: $83,844Net Assets 2020: $10,4102020Assets 2021: $150,501Liabilities 2021: $92,450Net Assets 2021: $58,0512021Assets 2022: $99,439Liabilities 2022: $7,219Net Assets 2022: $92,2202022Assets 2023: $121,824Liabilities 2023: $4,340Net Assets 2023: $117,4842023Assets 2024: $113,075Liabilities 2024: $59,617Net Assets 2024: $53,4582024

Highlighted filing

2022

Assets$99,439
Liabilities$7,219
Net Assets$92,220

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $155,221Expenses 2010: $139,030Net Income 2010: $16,1912010Revenue 2012: $155,603Expenses 2012: $157,889Net Income 2012: -$2,2862012Revenue 2013: $190,112Expenses 2013: $192,626Net Income 2013: -$2,5142013Revenue 2014: $218,129Expenses 2014: $207,843Net Income 2014: $10,2862014Revenue 2015: $314,572Expenses 2015: $288,015Net Income 2015: $26,5572015Revenue 2016: $310,657Expenses 2016: $281,923Net Income 2016: $28,7342016Revenue 2017: $320,429Expenses 2017: $365,018Net Income 2017: -$44,5892017Revenue 2018: $312,129Expenses 2018: $339,100Net Income 2018: -$26,9712018Revenue 2019: $347,559Expenses 2019: $316,225Net Income 2019: $31,3342019Revenue 2020: $205,957Expenses 2020: $229,220Net Income 2020: -$23,2632020Revenue 2021: $267,037Expenses 2021: $215,498Net Income 2021: $51,5392021Revenue 2022: $254,201Expenses 2022: $220,986Net Income 2022: $33,2152022Revenue 2023: $286,865Expenses 2023: $261,602Net Income 2023: $25,2632023Revenue 2024: $366,495Expenses 2024: $430,521Net Income 2024: -$64,0262024

Highlighted filing

2022

Revenue$254,201
Expenses$220,986
Net Income$33,215
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
May 22, 2022
Return Version
2021v4.1
Gross Receipts
$254,201
Mission and Program Overview

Mission

To create a vibrant community of families and individuals by offering a wide variety of sustainably and environmental educational experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,828$57,202▲ $52,374
Cash and Non-Interest-Bearing Accounts$145,673$42,237▼ $103,436
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$150,501$99,439▼ $51,062
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$92,450$7,218▼ $85,232
Other Liabilities-$1-
Total Liabilities$92,450$7,219▼ $85,231
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$58,051$92,220▲ $34,169
Total Net Assets Fund Balance$58,051$92,220▲ $34,169
Total Liabilities and Net Assets / Fund Balance$150,501$99,439▼ $51,062

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,706$185,915$187,621
Land$53,000-$53,000
Leasehold Improvements$2,496$1,996$4,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Zac WedemeyerPresidentFT$89,440$89,440

Board Members and Trustees

NameTitle
Jeff EdbergDirector
Kerri BarnhouseDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$73,887
Program Service Revenue
$179,909
Investment Income
$405
Other Revenue
$0
All Other Contributions
$1,250
Change in Net Assets
$33,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,743
Other Expenses$74,348
Grants and Similar Amounts Paid$5,895
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$84,500--$84,500
Other Salaries and Wages$46,241--$46,241
Occupancy-$10,840-$10,840
Payroll Taxes$10,002--$10,002
Travel$9,935--$9,935
Insurance$9,251--$9,251
Advertising$6,907--$6,907
Fees for Services Other$6,831--$6,831
Grants to Domestic Orgs$5,895--$5,895
Information Technology$5,860--$5,860
All Other Expenses$3,111$1,525-$4,636
Fees for Services Accounting-$1,375-$1,375
Other Expenses$2,355$1,224-$1,224
Depreciation Depletion$626--$626
Interest-$625-$625
Total Functional Expenses$203,412$17,574$0$220,986
International Activity

International Summary

Spending
$53,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EcuadorProgram servicesEducation00$53,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Taproot Inc
EIN
26-0773013
Phone
3193250695
Address
1111 Fairchild St, Iowa City, IA 52245

Signing Officer

Name
Zac Wedemeyer
Title
President
Signed
2022-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zac Wedemeyer
Formed
2007
Legal Domicile
Ia
Voting Board Members
3
Independent Board Members
2
Employees
21
Volunteers
18

Preparer

Firm
Carrie Houchins-Witt
Address
1303 5th St, Coralville, IA 52241
Preparer
Carrie Houchins-Witt
Phone
3193582854
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Credit Card balance = $684

Other Changes In Net Assets Or Fund Balances - Other Increases

Invoices written off = $270

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0327885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0312079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01241874
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt017056
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt017056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0405
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0396
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01109
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0490
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0490
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt01339223
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0254066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0219971
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0205561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0347496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0312129
IRS990ScheduleA/Total509Grp/TotalAmt01339223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0254471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0220279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0205957
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0347986
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0312129
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01340822
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01706
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0185915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0187621
IRS990ScheduleD/LandGrp/BookValueAmt053000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02496
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01996
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057202
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt053000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Ecuador
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt053000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Purchased land in Ecuador in order to facilitate and lead excursions of teenagers, young adults, and families from the US to Ecuador for various natural, cultural, and personal learning opportunities. Students will participate in activities including native habitat restoration, sustainable building, fishing, surfing, community volunteer work, nutrition, yoga, meditation, and wellness, Spanish language learning, and others. We will operate from the villages of Las Tunas and Ayampe, Manab State, Ecuador.All of these endeavors support our mission to foster a generation of people who know, love, enjoy, and actively care for the earth and all of its citizens.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalSpentAmt053000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Credit Card balance = $684
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Invoices written off = $270
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0150501
IRS990/TotalAssetsEOYAmt099439
IRS990/TotalAssetsGrp/BOYAmt0150501
IRS990/TotalAssetsGrp/EOYAmt099439
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt073887
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017574
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203412
IRS990/TotalFunctionalExpensesGrp/TotalAmt0220986
IRS990/TotalGrossUBIAmt0405
IRS990/TotalLiabilitiesBOYAmt092450
IRS990/TotalLiabilitiesEOYAmt07219
IRS990/TotalLiabilitiesGrp/BOYAmt092450
IRS990/TotalLiabilitiesGrp/EOYAmt07219
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058051
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt092220
IRS990/TotalProgramServiceExpensesAmt0203412
IRS990/TotalProgramServiceRevenueAmt0179909
IRS990/TotalReportableCompFromOrgAmt089440
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0179909
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0254201
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0405
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0150501
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt099439
IRS990/TravelGrp/ProgramServicesAmt09935
IRS990/TravelGrp/TotalAmt09935
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt092450
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt07218
IRS990/USAddress/AddressLine1Txt01111 Fairchild St
IRS990/USAddress/CityNm0Iowa City
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052245
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.taprootnatureexperience.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Zac Wedemeyer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Taproot Inc
ReturnHeader/Filer/BusinessNameControlTxt0TAPR
ReturnHeader/Filer/EIN0260773013
ReturnHeader/Filer/PhoneNum03193250695
ReturnHeader/Filer/USAddress/AddressLine1Txt01111 Fairchild St
ReturnHeader/Filer/USAddress/CityNm0Iowa City

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.60$0.53$3.66$4.31$0.64
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.04$1.17$2.87$2.62$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.07$0.92$2.54$2.21$0.33
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.92$0.58$2.67$2.15$0.52
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.84$0.10$2.06$2.29$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.01$0.80$0.22$3.48$3.16$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$3.12$3.39$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.24$1.05$0.19$3.20$3.65$0.45
2016Detailed filing. Detailed filing data is available for this year.$1.86$1.22$0.64$3.11$2.82$0.29
2015Detailed filing. Detailed filing data is available for this year.$1.41$1.06$0.35$3.15$2.88$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.43$0.09$2.18$2.08$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.34$0.02$1.90$1.93$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.43$0.01$1.56$1.58$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.20$0.12$1.55$1.39$0.16
Peer Organizations

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