Civic Intelligence

Trico Opportunities Inc

EIN 38-1871305 • 501(c)3 • Kingsford, MI

Profile

Trico opportunities, inc. Is a vocational rehabilitation and skill-building organization that provides services to disabled and other individuals experiencing barriers to employment. Trico provides a multitude of programs and services that assist each program participant in maximizing his/her capabilities and potential to become self-sufficient and self-supporting to the greatest extent possible. This may include long or short-term programming like vocational training and/or skill-building work within the facility, or it may be vocational assessments, vocational counseling, supported/competitive employment placements, and/or job development within the community, with necessary follow-along services.

610 North Hooper StreetKingsford, MI 49802

www.tricoopp.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.09x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

82nd percentile

33%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

53rd percentile

9.0%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Up

$4,305,444

Up $545,455 (+15%) from 2024

Liabilities

Up

$128,347

Up $79,312 (+162%) from 2024

Net Assets

Up

$4,177,097

Up $466,143 (+13%) from 2024

Revenue

Down

$1,434,136

Down $91,753 (-6.0%) from 2024

Expenses

Up

$967,993

Up $35,875 (+3.8%) from 2024

Net Income

Down

$466,143

Down $127,628 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $4,984,077Liabilities 2010: $164,387Net Assets 2010: $4,819,6902010Assets 2011: $4,841,340Liabilities 2011: $213,629Net Assets 2011: $4,627,7112011Assets 2012: $4,829,840Liabilities 2012: $171,573Net Assets 2012: $4,658,2672012Assets 2013: $4,894,491Liabilities 2013: $271,733Net Assets 2013: $4,622,7582013Assets 2014: $5,249,760Liabilities 2014: $228,818Net Assets 2014: $5,020,9422014Assets 2015: $4,630,811Liabilities 2015: $143,718Net Assets 2015: $4,487,0932015Assets 2016: $4,287,084Liabilities 2016: $132,145Net Assets 2016: $4,154,9392016Assets 2017: $4,102,585Liabilities 2017: $86,615Net Assets 2017: $4,015,9702017Assets 2018: $4,072,582Liabilities 2018: $219,917Net Assets 2018: $3,852,6652018Assets 2019: $3,416,218Liabilities 2019: $160,296Net Assets 2019: $3,255,9222019Assets 2020: $3,310,939Liabilities 2020: $34,235Net Assets 2020: $3,276,7042020Assets 2021: $3,539,108Liabilities 2021: $49,792Net Assets 2021: $3,489,3162021Assets 2022: $2,866,651Liabilities 2022: $101,998Net Assets 2022: $2,764,6532022Assets 2023: $3,281,843Liabilities 2023: $164,660Net Assets 2023: $3,117,1832023Assets 2024: $3,759,989Liabilities 2024: $49,035Net Assets 2024: $3,710,9542024Assets 2025: $4,305,444Liabilities 2025: $128,347Net Assets 2025: $4,177,0972025

Highlighted filing

2025

Assets$4,305,444
Liabilities$128,347
Net Assets$4,177,097

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,890,5872010Revenue 2011: $2,880,671Expenses 2011: $3,072,650Net Income 2011: -$191,9792011Expenses 2012: $2,878,6102012Revenue 2013: $2,627,168Expenses 2013: $2,662,677Net Income 2013: -$35,5092013Revenue 2014: $3,150,306Expenses 2014: $2,752,122Net Income 2014: $398,1842014Revenue 2015: $2,270,244Expenses 2015: $2,804,093Net Income 2015: -$533,8492015Revenue 2016: $2,290,808Expenses 2016: $2,622,962Net Income 2016: -$332,1542016Revenue 2017: $2,575,856Expenses 2017: $2,714,825Net Income 2017: -$138,9692017Revenue 2018: $2,480,754Expenses 2018: $2,644,059Net Income 2018: -$163,3052018Revenue 2019: $1,560,751Expenses 2019: $2,157,494Net Income 2019: -$596,7432019Revenue 2020: $1,233,572Expenses 2020: $1,212,790Net Income 2020: $20,7822020Revenue 2021: $1,135,612Expenses 2021: $923,000Net Income 2021: $212,6122021Revenue 2022: $197,925Expenses 2022: $922,588Net Income 2022: -$724,6632022Revenue 2023: $1,208,120Expenses 2023: $855,590Net Income 2023: $352,5302023Revenue 2024: $1,525,889Expenses 2024: $932,118Net Income 2024: $593,7712024Revenue 2025: $1,434,136Expenses 2025: $967,993Net Income 2025: $466,1432025

Highlighted filing

2025

Revenue$1,434,136
Expenses$967,993
Net Income$466,143

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.31$0.13$4.18$1.43$0.97$0.47
2024Detailed filing. Detailed filing data is available for this year.$3.76$0.05$3.71$1.53$0.93$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.28$0.16$3.12$1.21$0.86$0.35
2022Detailed filing. Detailed filing data is available for this year.$2.87$0.10$2.76$0.20$0.92$0.72
2021Detailed filing. Detailed filing data is available for this year.$3.54$0.05$3.49$1.14$0.92$0.21
2020Detailed filing. Detailed filing data is available for this year.$3.31$0.03$3.28$1.23$1.21$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.42$0.16$3.26$1.56$2.16$0.60
2018Detailed filing. Detailed filing data is available for this year.$4.07$0.22$3.85$2.48$2.64$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.10$0.09$4.02$2.58$2.71$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.29$0.13$4.15$2.29$2.62$0.33
2015Detailed filing. Detailed filing data is available for this year.$4.63$0.14$4.49$2.27$2.80$0.53
2014Detailed filing. Detailed filing data is available for this year.$5.25$0.23$5.02$3.15$2.75$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.27$4.62$2.63$2.66$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.17$4.66$2.88
2011Summary only. Only limited summary data is available for this year.$4.84$0.21$4.63$2.88$3.07$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.16$4.82$2.89
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 7, 2026
Return Version
2024v5.0
Gross Receipts
$1,434,136
Mission and Program Overview

Mission

Trico opportunities, inc. Is a vocational rehabilitation and skill-building organization that provides services to disabled and other individuals experiencing barriers to employment. Trico provides a multitude of programs and services that assist each program participant in maximizing his/her capabilities and potential to become self-sufficient and self-supporting to the greatest extent possible. This may include long or short-term programming like vocational training and/or skill-building work within the facility, or it may be vocational assessments, counseling, supported/competitive employment placements, and/or job development within the community, with necessary follow-along services.

Trico opportunities, inc. Is a vocational rehabilitation and skill-building organization that provides services to disabled and other individuals experiencing barriers to employment. Trico provides a multitude of programs and services that assist each program participant in maximizing his/her capabilities and potential to become self-sufficient and self-supporting to the greatest extent possible. This may include long or short-term programming like vocational training and/or skill-building work within the facility, or it may be vocational assessments, vocational counseling, supported/competitive employment placements, and/or job development within the community, with necessary follow-along services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,922,241$3,478,437▲ $556,196
Land, Buildings, and Equipment, Net$677,676$572,264▼ $105,412
Cash and Non-Interest-Bearing Accounts$86,143$149,839▲ $63,696
Accounts Receivable$68,674$99,648▲ $30,974
Prepaid Expenses and Deferred Charges$5,255$5,256▲ $1
Total Assets$3,759,989$4,305,444▲ $545,455
Liabilities
Other Liabilities$49,035$128,347▲ $79,312
Total Liabilities$49,035$128,347▲ $79,312
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,710,954$4,177,097▲ $466,143
Total Net Assets Fund Balance$3,710,954$4,177,097▲ $466,143
Total Liabilities and Net Assets / Fund Balance$3,759,989$4,305,444▲ $545,455

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$143,961$594,672$738,633
Land$29,740-$29,740
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian BrouillettePresident
Hugo LatvalaMember
Jim HordMember
Betty PhillipsSecretary
Jim HordTreasurer
Dan ReclaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,929
Program Service Revenue
$715,143
Investment Income
$716,261
Other Revenue
$803
All Other Contributions
$1,929
Change in Net Assets
$466,143

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,434,136
Total Revenue per Audited Statements
$1,434,136
Total Revenue per Form 990
$1,434,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$698,374
Other Expenses$269,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$435,567$142,459-$578,026
Depreciation Depletion$62,606$42,806-$105,412
Other Employee Benefits$33,422$24,172-$57,594
Payroll Taxes$32,312$9,880-$42,192
All Other Expenses$8,650$29,057-$37,707
Pension Plan Contributions$15,427$5,135-$20,562
Insurance$12,846$7,173-$20,019
Other Expenses$3,825$9,928-$13,753
Fees for Services Accounting-$7,600-$7,600
Advertising$341$3,562-$3,903
Office Expenses$472$2,313-$2,785
Travel$1,043$541-$1,584
Total Functional Expenses$677,643$290,350$0$967,993

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$967,993
Total Expenses per Audited Statements$967,993
Total Expenses per Form 990$967,993
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable$80,000
Accrued Expenses$48,347
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
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, Page 6, Part VI, Line 11B

The board of directors will annually review form 990. Copies of form 990 will be made available to the board of directors for their approval. This review will occur at the regular board meeting when our audit firm presents our financial audit or will be reviewed at a subsequent meeting if the tax return is not ready at the time of the financial audit review.

Form 990, Page 6, Part VI, Line 12C

To ensure that the conflict of interest policy is being enforced, periodic reviews are conducted and at a minimum include the following subjects: a. Whether compensation arrangements and benefits, if any, are reasonable, based on competent survey information and the results of arm's-length bargaining. B. Whether partnership and joint venture arrangements, and arrangements with management organizations (as applicable) conform to written policies, are properly recorded, reflect reasonable payments for goods and services, further the corporations' tax-exempt purposes, and do not result in inurement and impermissible private benefit, or an excess benefit transaction.

Form 990, Page 6, Part VI, Line 15A

The board of directors and/or appointed committee shall: -conduct the annual review of the executive director. -review compensation data of similar organizations. -based on the determination of the corporation's overall financial conditions and the review of comparable pay surveys, make a recommendation for pay increases. -board of directors will then approve recommendation or seek additional outside consultation to make a decision.

Form 990, Page 6, Part VI, Line 19

Governing documents are available at the office. Requests can be made to receive copies or to review the information at the office.

Filing and Contact Details

Filer

Filer Name
Trico Opportunities Inc
EIN
38-1871305
Phone
9067745718
Address
610 NORTH HOOPER STREET, KINGSFORD, MI 49802

Signing Officer

Name
Brian Brouillette
Title
President
Phone
9067745718
Signed
2026-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Brouillette
Voting Board Members
5
Independent Board Members
5
Employees
54

Preparer

Firm
Anderson Tackman & Company Plc
Address
201 E HUGHITT ST, IRON MOUNTAIN, MI 49801-2909
Preparer
Shane M Ellison CPA Cgma
Phone
9067744300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Trico opportunities, inc. Is a vocational rehabilitation and skill-building organization that provides services to disabled and other individuals experiencing barriers to employment. Trico provides a multitude of programs and services that assist each program participant in maximizing his/her capabilities and potential to become self-sufficient and self-supporting to the greatest extent possible. This may include long or short-term programming like vocational training and/or skill-building work within the facility, or it may be vocational assessments, vocational counseling, supported/competitive employment placements, and/or job development within the community, with necessary follow-along services.

Raw XML Appendix368 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRICO OPPORTUNITIES, INC. IS A VOCATIONAL REHABILITATION AND SKILL-BUILDING ORGANIZATION THAT PROVIDES SERVICES TO DISABLED AND OTHER INDIVIDUALS EXPERIENCING BARRIERS TO EMPLOYMENT. TRICO PROVIDES A MULTITUDE OF PROGRAMS AND SERVICES THAT ASSIST EACH PROGRAM PARTICIPANT IN MAXIMIZING HIS/HER CAPABILITIES AND POTENTIAL TO BECOME SELF-SUFFICIENT AND SELF-SUPPORTING TO THE GREATEST EXTENT POSSIBLE. THIS MAY INCLUDE LONG OR SHORT-TERM PROGRAMMING LIKE VOCATIONAL TRAINING AND/OR SKILL-BUILDING WORK WITHIN THE FACILITY, OR IT MAY BE VOCATIONAL ASSESSMENTS, VOCATIONAL COUNSELING, SUPPORTED/COMPETITIVE EMPLOYMENT PLACEMENTS, AND/OR JOB DEVELOPMENT WITHIN THE COMMUNITY, WITH NECESSARY FOLLOW-ALONG SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS WILL ANNUALLY REVIEW FORM 990. COPIES OF FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL. THIS REVIEW WILL OCCUR AT THE REGULAR BOARD MEETING WHEN OUR AUDIT FIRM PRESENTS OUR FINANCIAL AUDIT OR WILL BE REVIEWED AT A SUBSEQUENT MEETING IF THE TAX RETURN IS NOT READY AT THE TIME OF THE FINANCIAL AUDIT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS BEING ENFORCED, PERIODIC REVIEWS ARE CONDUCTED AND AT A MINIMUM INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS, IF ANY, ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULTS OF ARM'S-LENGTH BARGAINING. B. WHETHER PARTNERSHIP AND JOINT VENTURE ARRANGEMENTS, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS (AS APPLICABLE) CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER THE CORPORATIONS' TAX-EXEMPT PURPOSES, AND DO NOT RESULT IN INUREMENT AND IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS AND/OR APPOINTED COMMITTEE SHALL: -CONDUCT THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. -REVIEW COMPENSATION DATA OF SIMILAR ORGANIZATIONS. -BASED ON THE DETERMINATION OF THE CORPORATION'S OVERALL FINANCIAL CONDITIONS AND THE REVIEW OF COMPARABLE PAY SURVEYS, MAKE A RECOMMENDATION FOR PAY INCREASES. -BOARD OF DIRECTORS WILL THEN APPROVE RECOMMENDATION OR SEEK ADDITIONAL OUTSIDE CONSULTATION TO MAKE A DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE AT THE OFFICE. REQUESTS CAN BE MADE TO RECEIVE COPIES OR TO REVIEW THE INFORMATION AT THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0SAME AS C ABOVE
IRS990/USAddress/CityNm0KINGSFORD
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IRS990/USAddress/ZIPCd049802
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN BROUILLETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09067745718
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRICO OPPORTUNITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIC
ReturnHeader/Filer/EIN0381871305
ReturnHeader/Filer/PhoneNum09067745718
ReturnHeader/Filer/USAddress/AddressLine1Txt0610 NORTH HOOPER STREET
ReturnHeader/Filer/USAddress/CityNm0KINGSFORD
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381977929
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON TACKMAN & COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 E HUGHITT ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRON MOUNTAIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0498012909
ReturnHeader/PreparerPersonGrp/PhoneNum09067744300
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANE M ELLISON CPA CGMA
ReturnHeader/ReturnTs02026-02-09T17:18:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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