Civic Intelligence

Team Trace Inc.

990EZ • Fiscal year 2022 • EIN 46-1597269

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

Organization ProfileWWW.TEAMTRACE.ORG
13561 Rustling Oaks DriveWye Mills, MD 21679

(410) 643-6484

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

73rd percentile

51%

Faster revenue growth than 73% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$187,536

Up $27,053 (+17%) from 2021

Net Assets

Up

$187,536

Up $27,053 (+17%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin73rd percentile

Revenue

Up

$119,174

Up $40,378 (+51%) from 2021

Expenses

Up

$92,121

Up $28,460 (+45%) from 2021

Net Income

Up

$27,053

Up $11,918 (+79%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$400K$300K$200K$100K$0Assets 2013: $12,538Liabilities 2013: $02013Assets 2014: $19,546Liabilities 2014: $02014Assets 2015: $43,078Liabilities 2015: $02015Assets 2016: $77,839Liabilities 2016: $02016Assets 2017: $86,463Liabilities 2017: $02017Assets 2018: $57,784Liabilities 2018: $02018Assets 2019: $85,835Liabilities 2019: $0Net Assets 2019: $85,8352019Assets 2020: $145,348Liabilities 2020: $0Net Assets 2020: $145,3482020Assets 2021: $160,483Liabilities 2021: $0Net Assets 2021: $160,4832021Assets 2022: $187,536Liabilities 2022: $0Net Assets 2022: $187,5362022Assets 2023: $315,846Liabilities 2023: $0Net Assets 2023: $315,8462023Assets 2024: $299,855Liabilities 2024: $0Net Assets 2024: $299,8552024

Highlighted filing

2022

Assets$187,536
Liabilities$0
Net Assets$187,536
Open 2022 Filing

Operations Trend

Revenue Growth73rd percentile

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

$300K$200K$100K$0-$100KRevenue 2013: $31,380Expenses 2013: $18,842Net Income 2013: $12,5382013Revenue 2014: $43,601Expenses 2014: $36,593Net Income 2014: $7,0082014Revenue 2015: $82,218Expenses 2015: $58,686Net Income 2015: $23,5322015Revenue 2016: $37,072Expenses 2016: $2,311Net Income 2016: $34,7612016Revenue 2017: $85,250Expenses 2017: $76,626Net Income 2017: $8,6242017Revenue 2018: $48,343Expenses 2018: $77,022Net Income 2018: -$28,6792018Revenue 2019: $96,989Expenses 2019: $68,938Net Income 2019: $28,0512019Revenue 2020: $121,592Expenses 2020: $62,079Net Income 2020: $59,5132020Revenue 2021: $78,796Expenses 2021: $63,661Net Income 2021: $15,1352021Revenue 2022: $119,174Expenses 2022: $92,121Net Income 2022: $27,0532022Revenue 2023: $237,865Expenses 2023: $109,555Net Income 2023: $128,3102023Revenue 2024: $111,956Expenses 2024: $127,947Net Income 2024: -$15,9912024

Highlighted filing

2022

Revenue$119,174
Expenses$92,121
Net Income$27,053
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$171,211
Mission and Program Overview

Mission

The purpose of the organization is to raise awareness and provide funding for research projects to develope cures and therapies for children with pediatric congenital heart disease.

Program Services

DescriptionGrantsExpenses
ORGANIZE FUNDRAISING EVENTS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.$87,706$92,121
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARYL KNIGHTPresidentPT$0--
DERECK JANESVice PresidePT$0--
DOUGLAS WALKERSecretaryPT$0--
WILLIAM A WILLISTreasurerPT$0--
ASHLEY KNIGHTDirectorPT$0--
NICOLE JANESDirectorPT$0--
MATT SPEDDENDirectorPT$0--
MELINDA SPEDDENDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Event$115,577$115,577$52,037$63,540
Total Events$115,577$115,577$52,037$63,540
Filing and Contact Details

Filer

Filer Name
Team Trace Inc
EIN
46-1597269
Phone
4106436484
Address
13561 RUSTLING OAKS DRIVE, WYE MILLS, MD 21679

Signing Officer

Name
William a Willis
Title
Treasurer
Phone
4106436484
Signed
2023-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Kram Mccarthy Ayers & Frost LLC
Address
1704 MAIN ST, CHESTER, MD 21619
Preparer
Gregory W Litvinuck CPA
Phone
4106434477
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: children's hospital foundation address: 111 michigan avenue nw washington, dc 20010-2916 cash contribution: 75,000 name: talbot county ems address: 605 port street easton, md 21601 cash contribution: 12,500”

Form 990-ez, Part I, Line 16

“Expenses meeting expense 534 insurance 406 bank service charges 2,382 operating supplies & expe 1,093 total 4,415”

Form 990-ez, Part III

“The purpose of the organization is to raise awareness and provide funding for research projects to develope cures and therapies for children with pediatric congenital heart disease.”

Raw XML Appendix156 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0WILLIAM A WILLIS
IRS990EZ/BooksInCareOfDetail/PhoneNum04106436484
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01101 SHOPPING CENTER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STEVENSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021666
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0160483
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0187536
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt055634
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027053
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0160483
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0187536
IRS990EZ/FundraisingGrossIncomeAmt0115577
IRS990EZ/GrantsAndSimilarAmountsPaidAmt087706
IRS990EZ/GrossReceiptsAmt0171211
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0160483
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0187536
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0160483
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0187536
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DARYL KNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DERECK JANES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DOUGLAS WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WILLIAM A WILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ASHLEY KNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NICOLE JANES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MATT SPEDDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MELINDA SPEDDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04415
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE ORGANIZATION IS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZE FUNDRAISING EVENTS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt087706
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt092121
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt052037
IRS990EZ/SpecialEventsNetIncomeLossAmt063540
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt092121
IRS990EZ/TotalProgramServiceExpensesAmt092121
IRS990EZ/TotalRevenueAmt0119174
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEAMTRACE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt066769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0270339
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0346981
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0270339
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt082981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt066769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012309
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0270339
IRS990ScheduleA/TotalSupportAmt0270339
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052037
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0115577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0115577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0115577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0115577
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt063540
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt052037
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt052037
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: CHILDREN'S HOSPITAL FOUNDATION ADDRESS: 111 MICHIGAN AVENUE NW WASHINGTON, DC 20010-2916 CASH CONTRIBUTION: 75,000 NAME: TALBOT COUNTY EMS ADDRESS: 605 PORT STREET EASTON, MD 21601 CASH CONTRIBUTION: 12,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MEETING EXPENSE 534 INSURANCE 406 BANK SERVICE CHARGES 2,382 OPERATING SUPPLIES & EXPE 1,093 TOTAL 4,415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THE ORGANIZATION IS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM A WILLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04106436484
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM TRACE INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0461597269
ReturnHeader/Filer/PhoneNum04106436484
ReturnHeader/Filer/USAddress/AddressLine1Txt013561 RUSTLING OAKS DRIVE
ReturnHeader/Filer/USAddress/CityNm0WYE MILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021679
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832466669
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRAM MCCARTHY AYERS & FROST LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01704 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021619
ReturnHeader/PreparerPersonGrp/PhoneNum04106434477
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY W LITVINUCK CPA
ReturnHeader/ReturnTs02023-11-13T14:41:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILLIS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$187,536
Liabilities
$0
Net assets
$187,536
Revenue
$119,174
Expenses
$92,121
Net income
$27,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$0.00$3.00$1.12$1.28$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.00$3.16$2.38$1.10$1.28
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$1.19$0.92$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.00$1.60$0.79$0.64$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$1.22$0.62$0.60
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.97$0.69$0.28
2018Summary only. Only limited summary data is available for this year.$0.58$0.00$0.48$0.77$0.29
2017Summary only. Only limited summary data is available for this year.$0.86$0.00$0.85$0.77$0.09
2016Summary only. Only limited summary data is available for this year.$0.78$0.00$0.37$0.02$0.35
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$0.82$0.59$0.24
2014Summary only. Only limited summary data is available for this year.$0.20$0.00$0.44$0.37$0.07
2013Summary only. Only limited summary data is available for this year.$0.13$0.00$0.31$0.19$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits