Civic Intelligence

Troops Direct

990 • Fiscal year 2023 • EIN 27-3046842

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

4000 Executive Parkway Suite 262San Ramon, CA 94583

(877) 978-7667

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$2,306,193

Down $1,031,017 (-31%) from 2022

Net Assets

Down

$205,422

Down $869,783 (-81%) from 2022

Liabilities

Down

$2,100,771

Down $161,234 (-7.1%) from 2022

Revenue And Expenses

Revenue

Down

$2,158,418

Down $4,389,646 (-67%) from 2022

Expenses

Down

$2,872,525

Down $3,903,167 (-58%) from 2022

Net Income

Down

-$714,107

Down $486,479 (-214%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $290,083Liabilities 2013: $13,005Net Assets 2013: $277,0782013Assets 2014: $674,923Liabilities 2014: $8,702Net Assets 2014: $666,2212014Assets 2015: $869,637Liabilities 2015: $525Net Assets 2015: $869,1122015Assets 2016: $1,250,327Liabilities 2016: $211,302Net Assets 2016: $1,039,0252016Assets 2017: $1,437,525Liabilities 2017: $159,106Net Assets 2017: $1,278,4192017Assets 2018: $1,650,210Liabilities 2018: $339,597Net Assets 2018: $1,310,6132018Assets 2019: $1,824,744Liabilities 2019: $394,857Net Assets 2019: $1,429,8872019Assets 2020: $1,905,237Liabilities 2020: $433,932Net Assets 2020: $1,471,3052020Assets 2021: $1,749,204Liabilities 2021: $446,371Net Assets 2021: $1,302,8332021Assets 2022: $3,337,210Liabilities 2022: $2,262,005Net Assets 2022: $1,075,2052022Assets 2023: $2,306,193Liabilities 2023: $2,100,771Net Assets 2023: $205,4222023Assets 2023: $3,057,253Liabilities 2023: $2,316,321Net Assets 2023: $740,9322023Assets 2024: $3,026,806Liabilities 2024: $2,476,848Net Assets 2024: $549,9582024

Highlighted filing

2023

Assets$2,306,193
Liabilities$2,100,771
Net Assets$205,422

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $1,008,7842013Revenue 2014: $2,269,927Expenses 2014: $1,880,784Net Income 2014: $389,1432014Revenue 2015: $2,894,100Expenses 2015: $2,691,209Net Income 2015: $202,8912015Revenue 2016: $4,098,534Expenses 2016: $3,928,621Net Income 2016: $169,9132016Revenue 2017: $4,709,163Expenses 2017: $4,469,769Net Income 2017: $239,3942017Revenue 2018: $3,607,318Expenses 2018: $3,575,124Net Income 2018: $32,1942018Revenue 2019: $3,306,941Expenses 2019: $3,187,667Net Income 2019: $119,2742019Revenue 2020: $4,270,945Expenses 2020: $4,229,527Net Income 2020: $41,4182020Revenue 2021: $6,174,707Expenses 2021: $6,343,179Net Income 2021: -$168,4722021Revenue 2022: $6,548,064Expenses 2022: $6,775,692Net Income 2022: -$227,6282022Revenue 2023: $2,158,418Expenses 2023: $2,872,525Net Income 2023: -$714,1072023Revenue 2023: $2,533,616Expenses 2023: $2,929,870Net Income 2023: -$396,2542023Revenue 2024: $1,564,617Expenses 2024: $1,755,591Net Income 2024: -$190,9742024

Highlighted filing

2023

Revenue$2,158,418
Expenses$2,872,525
Net Income-$714,107
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$2,526,642
Mission and Program Overview

Mission

hygiene, equipment and canine items. Supporting our armed forces on the frontlines is the sole priority of TroopsDirect.

Troops Direct augments the United States military supply chain by providing American forces with critically needed items that cannot be accessed through conventional government channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,181,668$2,125,641▼ $1,056,027
Savings and Temporary Cash Investments$142,127$180,552▲ $38,425
Prepaid Expenses and Deferred Charges$13,415--
Total Assets$3,337,210$2,306,193▼ $1,031,017
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,000,000$2,000,000→ $0
Other Liabilities$27,500$82,500▲ $55,000
Accounts Payable and Accrued Expenses$234,505$18,271▼ $216,234
Total Liabilities$2,262,005$2,100,771▼ $161,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,075,205$205,422▼ $869,783
Total Net Assets Fund Balance$1,075,205$205,422▼ $869,783
Total Liabilities and Net Assets / Fund Balance$3,337,210$2,306,193▼ $1,031,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron NegherbonExecutive DirectorPT$168,385$156,000$168,385

Board Members and Trustees

NameTitle
Helen GatesDirector
Jake ZweigDirector
Jonny GomesDirector
Keith ForkinDirector
Kent CleaverDirector
Ron EspanaDirector
Steve CannatellaSecretary
Bill HuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,397,617
Program Service Revenue
$0
Investment Income
$4,164
Other Revenue
$-243,363
All Other Contributions
$1,862,355
Change in Net Assets
$-714,107

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Food Inventory$1,007,818Fair Market Value (FMV)
Other Non Cash Contri Table$315,580-
Total Noncash Contributions$1,323,398-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,754,918
Other Expenses$588,780
Salaries, Compensation, and Employee Benefits$528,827
Total Fundraising Expense$265,807
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,754,918--$1,754,918
Other Salaries and Wages$126,470$76,909$30,114$233,493
Current Officers, Directors, Trustees, and Key Employees$92,612$55,567$20,206$168,385
Payroll Taxes$52,820$31,909$12,051$96,780
Fees for Services Other-$85,714-$85,714
Interest-$75,440-$75,440
Office Expenses$41,677$30,543$771$72,991
Occupancy$22,066$13,330$5,035$40,431
Other Employee Benefits$16,465$9,947$3,757$30,169
Travel-$28,383-$28,383
Advertising--$14,116$14,116
Information Technology-$8,945-$8,945
Insurance-$5,724-$5,724
All Other Expenses-$4,422-$4,422
Conferences and Meetings-$2,622-$2,622
Other Expenses$8,099$1,857$179,757$1,857
Depreciation Depletion-$616-$616
Total Functional Expenses$2,174,120$432,598$265,807$2,872,525
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Department of DefenseWashington, DC---
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$368,224
Fundraising Gross Income$124,861
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Operator events$252,752-$116,256-
Golf$255,545$102,425$96,216$6,209
Total Events$660,123$124,861$368,224$-243,363
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$82,500
Accrued interest-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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

The Form 990 is reviewed by one or more officers and directors before it is filed with the Internal Revenue Service. The final version is provided to all members of the organizations voting body.

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

Members of the board of directors review all potential conflicts of interest at least annually. All personnel and board members are required to disclose in writing all potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts in fact or appearance are discussed openly and resolved in accordance wih the organizations policies and procedures.

Form 990, Part VI, Section B, Line 15

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salariies. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organizations policies and procedures.

Form 990, Part VI, Section C, Line 19

The Form 990, which contains the nonprofit organizations financial statements, is available upon request. It is also available as a public record on multiple websites online.

Filing and Contact Details

Filer

Filer Name
Troops Direct
EIN
27-3046842
Phone
8779787667
Address
4000 Executive Parkway Suite 262, San Ramon, CA 94583

Signing Officer

Name
Aaron Negherbon
Title
Executive Director
Phone
8779787667
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Negherbon
Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
5
Volunteers
100

Preparer

Firm
Schnaufer & Walker PC
Address
2695 Villa Creek 268, Dallas, TX 75234
Preparer
David Schnaufer
Phone
9727982046
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IRS990/PYOtherExpensesAmt01338831
IRS990/PYOtherRevenueAmt0-254906
IRS990/PYRevenuesLessExpensesAmt0-227628
IRS990/PYSalariesCompEmpBnftPaidAmt0444021
IRS990/PYTotalExpensesAmt06775692
IRS990/PYTotalProfFndrsngExpnsAmt092439
IRS990/PYTotalRevenueAmt06548064
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IRS990/ReconcilationRevenueExpnssAmt0-714107
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0142127
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0180552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02397617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06489458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06151390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04330029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03476343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022844837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt058606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06663
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018196
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011877
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099506
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58560
IRS990ScheduleA/PublicSupportPY170Pct00.70320
IRS990ScheduleA/PublicSupportTotal170Amt013437293
IRS990ScheduleA/SubstantialContributorsTotAmt09407544
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02397617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06489458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06151390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04330029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03476343
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022844837
IRS990ScheduleA/TotalSupportAmt022944343
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued interest
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt082500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0535262
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0153120
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0252752
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0129390
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0368224
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Operator events
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt018378
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt036835
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt062213
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0255545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0252752
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0151826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0660123
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0102425
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0124861
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-243363
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt06406
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01664
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt08070
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03288
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0215760
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt096216
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0116256
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt017620
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt062449
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt02112
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt082181
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01754918
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Food and supplies
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Department of Defense
IRS990ScheduleI/RecipientTable/RecipientEIN0539990000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04000 Defense Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020301
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0156000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Aaron Negherbon
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0168385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0156000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt01007818
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Sanitizer and masks
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0315580
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by one or more officers and directors before it is filed with the Internal Revenue Service. The final version is provided to all members of the organizations voting body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the board of directors review all potential conflicts of interest at least annually. All personnel and board members are required to disclose in writing all potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts in fact or appearance are discussed openly and resolved in accordance wih the organizations policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salariies. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organizations policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990, which contains the nonprofit organizations financial statements, is available upon request. It is also available as a public record on multiple websites online.

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