Civic Intelligence

Taproot Inc.

990 • Fiscal year 2023 • EIN 26-0773013

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 02, 2023

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

73rd percentile

0.04x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

8.8%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

97th percentile

$81,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

75th percentile

23%

Faster asset growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$121,824

Up $22,385 (+23%) from 2022

Net Assets

Up

$117,484

Up $25,264 (+27%) from 2022

Liabilities

Down

$4,340

Down $2,879 (-40%) from 2022

Revenue

Up

$286,865

Up $32,664 (+13%) from 2022

Expenses

Up

$261,602

Up $40,616 (+18%) from 2022

Net Income

Down

$25,263

Down $7,952 (-24%) from 2022

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

2023

Assets$121,824
Liabilities$4,340
Net Assets$117,484

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

2023

Revenue$286,865
Expenses$261,602
Net Income$25,263
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 2, 2023
Return Version
2022v5.0
Gross Receipts
$286,865
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$57,202$63,278▲ $6,076
Cash and Non-Interest-Bearing Accounts$42,237$58,435▲ $16,198
Receivables From Officers Etc-$111-
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-
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$99,439$121,824▲ $22,385
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$7,218$4,340▼ $2,878
Other Liabilities$1--
Total Liabilities$7,219$4,340▼ $2,879
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$92,220$117,484▲ $25,264
Total Net Assets Fund Balance$92,220$117,484▲ $25,264
Total Liabilities and Net Assets / Fund Balance$99,439$121,824▲ $22,385

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,454$186,167$187,621
Land$59,520-$59,520
Leasehold Improvements$2,304$2,188$4,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Zac WedemeyerPresidentFT$81,000$81,000

Board Members and Trustees

NameTitle
Jeff EdbergDirector
Kerri BarnhouseDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$530
Program Service Revenue
$286,308
Investment Income
$27
Other Revenue
$0
All Other Contributions
$530
Change in Net Assets
$25,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$187,107
Other Expenses$73,182
Grants and Similar Amounts Paid$1,313
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,973--$92,973
Current Officers, Directors, Trustees, and Key Employees$81,000--$81,000
Insurance$13,267--$13,267
Payroll Taxes$13,134--$13,134
Occupancy-$8,830-$8,830
Travel$8,403--$8,403
Advertising$7,211--$7,211
Information Technology$4,068--$4,068
All Other Expenses$1,067$660-$1,727
Other Expenses$1,411--$1,411
Grants to Domestic Orgs$1,313--$1,313
Fees for Services Accounting-$1,044-$1,044
Depreciation Depletion$444--$444
Office Expenses-$136-$136
Total Functional Expenses$250,932$10,670$0$261,602
International Activity

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$0
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 Officers, Directors, Trustees, and Key Employees-$111-
Receivables from Disqualified Persons-$0-
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, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

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
2023-07-02
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
27
Volunteers
18

Preparer

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

Additional Explanations

Form 990, Part XI, Line 9

Rounding = $1

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IRS990/Desc0Taproot strives to create a vibrant community of families and individuals by offering a wide variety of sustainability and environmental educational experiences. In FY22/23, Taproot served nearly 700 children ages 3 to 18 with programming that includes:-A daily after-school program that takes children on nature and play-based field trips-A once-weekly morning nature program called "Sprouts," for young children, ages 3-5-Day-long camps on days when the Iowa City Schools are closed for conferences or teacher work days-A 9-day Taproot Leadership Camp for teenagers, camping in several different places in the Iowa City area-Three different age groups of summer nature day camp, offered each week of the summer-A year-long program for 8-12th graders that met twice monthly for volunteer efforts and fun activities, and went on five overnight campouts throughout the year.Taproot also made financial donations to other related nonprofits, as well as in-kind donations to local school fundraisers in the form of programming and gift certificates for silent auctions.
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt017056
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt017056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0405
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0396
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01136
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0490
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0490
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt01313932
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0286838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0254066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0219971
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0205561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0347496
IRS990ScheduleA/Total509Grp/TotalAmt01313932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0286865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0254471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0220279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0205957
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0347986
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01315558
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0186167
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0187621
IRS990ScheduleD/LandGrp/BookValueAmt059520
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059520
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02304
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02188
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04492
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063278
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Ecuador
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
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/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rounding = $1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt099439
IRS990/TotalAssetsEOYAmt0121824
IRS990/TotalAssetsGrp/BOYAmt099439
IRS990/TotalAssetsGrp/EOYAmt0121824
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0530
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010670
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250932
IRS990/TotalFunctionalExpensesGrp/TotalAmt0261602
IRS990/TotalGrossUBIAmt027
IRS990/TotalLiabilitiesBOYAmt07219
IRS990/TotalLiabilitiesEOYAmt04340
IRS990/TotalLiabilitiesGrp/BOYAmt07219
IRS990/TotalLiabilitiesGrp/EOYAmt04340
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt092220
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0117484
IRS990/TotalProgramServiceExpensesAmt0250932
IRS990/TotalProgramServiceRevenueAmt0286308
IRS990/TotalReportableCompFromOrgAmt081000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0286308
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0286865
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt027
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099439
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0121824
IRS990/TravelGrp/ProgramServicesAmt08403
IRS990/TravelGrp/TotalAmt08403
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt07218
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04340
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/SignatureDt02023-07-02
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052245
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472659668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Carrie Houchins-Witt

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