Civic Intelligence

Actuate Boise Inc.

990 • Fiscal year 2019 • EIN 46-4479930

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

500 S 8th StreetBoise, ID 83702

(208) 344-5483

Siviq Scores

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

Liabilities / Assets

55th percentile

0.05x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$124,804

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

30th percentile

-2.9%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$140,540

Down $4,263 (-2.9%) from 2018

Net Assets

Down

$134,018

Down $10,591 (-7.3%) from 2018

Liabilities

Up

$6,522

Up $6,328 (+3262%) from 2018

Revenue

Up

$820,309

Up $347,376 (+73%) from 2018

Expenses

Up

$830,900

Up $282,533 (+52%) from 2018

Net Income

Up

-$10,591

Up $64,843 (+86%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $84,261Liabilities 2014: $4,000Net Assets 2014: $80,2612014Assets 2015: $184,097Liabilities 2015: $16,744Net Assets 2015: $167,3532015Assets 2016: $270,916Liabilities 2016: $21,195Net Assets 2016: $249,7212016Assets 2017: $248,648Liabilities 2017: $28,605Net Assets 2017: $220,0432017Assets 2018: $144,803Liabilities 2018: $194Net Assets 2018: $144,6092018Assets 2019: $140,540Liabilities 2019: $6,522Net Assets 2019: $134,0182019Assets 2020: $160,052Liabilities 2020: $63,797Net Assets 2020: $96,2552020Assets 2021: $180,543Liabilities 2021: $112,055Net Assets 2021: $68,4882021Assets 2022: $95,551Liabilities 2022: $29,560Net Assets 2022: $65,9912022Assets 2023: $198,385Liabilities 2023: $22,319Net Assets 2023: $176,0662023Assets 2024: $92,439Liabilities 2024: $33,144Net Assets 2024: $59,2952024

Highlighted filing

2019

Assets$140,540
Liabilities$6,522
Net Assets$134,018

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $100,002Expenses 2014: $19,741Net Income 2014: $80,2612014Revenue 2015: $309,748Expenses 2015: $222,656Net Income 2015: $87,0922015Revenue 2016: $551,108Expenses 2016: $468,740Net Income 2016: $82,3682016Revenue 2017: $699,430Expenses 2017: $729,108Net Income 2017: -$29,6782017Revenue 2018: $472,933Expenses 2018: $548,367Net Income 2018: -$75,4342018Revenue 2019: $820,309Expenses 2019: $830,900Net Income 2019: -$10,5912019Revenue 2020: $538,769Expenses 2020: $576,532Net Income 2020: -$37,7632020Revenue 2021: $610,999Expenses 2021: $638,770Net Income 2021: -$27,7712021Revenue 2022: $893,819Expenses 2022: $896,316Net Income 2022: -$2,4972022Revenue 2023: $851,105Expenses 2023: $741,030Net Income 2023: $110,0752023Revenue 2024: $603,874Expenses 2024: $720,645Net Income 2024: -$116,7712024

Highlighted filing

2019

Revenue$820,309
Expenses$830,900
Net Income-$10,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.0
Gross Receipts
$820,309
Mission and Program Overview

Mission

Trailhead provides a range of programming offerings to trailhead members and the broader boise community. The objective is to help entrepreneurs develop the skills and make connections that will help increase the likelihood their businesses will succeed. Our programs are categorized by membership, general program, and miscellaneous events.

The Trailhead is a collaborative professional space that encourages gathering, connecting, and learning in an effort to develop the next generation of business successes in the Boise, Idaho area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,381$92,631▲ $82,250
Land, Buildings, and Equipment, Net$32,197$24,285▼ $7,912
Savings and Temporary Cash Investments$34,825$11,687▼ $23,138
Accounts Receivable$57,253$2,805▼ $54,448
Prepaid Expenses and Deferred Charges$1,250$235▼ $1,015
Total Assets$144,803$140,540▼ $4,263
Other Assets Total$8,897$8,897→ $0
Liabilities
Accounts Payable and Accrued Expenses$194$6,522▲ $6,328
Total Liabilities$194$6,522▲ $6,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$144,609$134,018▼ $10,591
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$144,609$134,018▼ $10,591
Total Liabilities and Net Assets / Fund Balance$144,803$140,540▼ $4,263

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,285$40,303$64,588
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Other Assets Org$8,897--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tiam RastegarExecutive DirectorFT$124,804$124,804

Board Members and Trustees

NameTitle
Nic MillerChairman of the Board- resigned in 2019
John HaleChariman of the Board - assumed in 2019
Andy ScogginDirector
Bob DeanDirector
Eileen Barber LangenDirector
Faisal ShahDirector
Gordon JonesDirector
Joel PoppenDirector
Melanie RubockiSecretary
Mike SadlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$567,033
Program Service Revenue
$253,217
Investment Income
$59
Other Revenue
$0
All Other Contributions
$522,133
Change in Net Assets
$-10,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$510,334
Salaries, Compensation, and Employee Benefits$258,819
Grants and Similar Amounts Paid$61,747
Total Fundraising Expense$26,925
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$15,294$130,227-$145,521
Current Officers, Directors, Trustees, and Key Employees$78,120$32,550$19,530$130,200
Other Salaries and Wages$71,850$17,436$127$89,413
Grants to Domestic Individuals$61,747--$61,747
Advertising$46,445$824$500$47,769
Fees for Services Other$46,563-$1,010$47,573
Conferences and Meetings$44,186-$61$44,247
Travel$33,246--$33,246
Office Expenses$18,212$3,071$977$22,260
Other Employee Benefits-$19,918-$19,918
Payroll Taxes$13,476$4,168$1,644$19,288
Information Technology$3,792$12,587-$16,379
Fees for Services Accounting-$12,830-$12,830
Depreciation Depletion$12,599--$12,599
Other Expenses$260$7,438$0$7,698
Insurance$59$1,612-$1,671
Interest-$1-$1
Total Functional Expenses$531,313$272,662$26,925$830,900
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 A, Line 2

John Hale and Andy Scoggin both sit on the board of Idaho First Bank. Mike Sadler and Bob Dean are both members of the Advisory Board for Natural Intelligence Systems, Inc.

Form 990, Part VI, Section A, Line 6

Our primary customers are our members who pay a monthly membership fee to access our space. We do not have stockholders.

Form 990, Part VI, Section A, Line 7A

Other persons who are part of the governing body, in this case, Board Directors, have the power to elect other Board Directors.

Form 990, Part VI, Section B, Line 11B

It will be provided via email.

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

The Executive Director works with our legal counsel to distribute, collect and maintain an annual conflict of interest disclosures.

Form 990, Part VI, Section B, Line 15

An informal market study is conducted that compares similar positions at non-profits in the local market to arrive at the compensation for the executive director and employees.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon reasonable request. The form 990 is also made available to the public via Guidestar.

Filing and Contact Details

Filer

Filer Name
Actuate Boise
EIN
46-4479930
Phone
2083445483
Address
500 S 8th Street, Boise, ID 83702
Doing Business As
Trailhead

Signing Officer

Name
Tiam Rastegar
Title
Executive Director
Phone
2083445483
Signed
2020-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tiam Rastegar
Formed
2014
Legal Domicile
Id
Voting Board Members
9
Independent Board Members
6
Employees
5
Volunteers
30

Preparer

Firm
Easy Office dba Jitasa
Address
1750 W Front Street Suite 200, Boise, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
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IRS990/MissionDesc0Trailhead provides a range of programming offerings to Trailhead members and the broader Boise community. The objective is to help entrepreneurs develop the skills and make connections that will help increase the likelihood their businesses will succeed. Our programs are categorized by Membership, General Program and Miscellaneous Events.
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IRS990/OtherAssetsTotalGrp/BOYAmt08897
IRS990/OtherAssetsTotalGrp/EOYAmt08897
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019918
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019918
IRS990/OtherExpensesGrp/Desc0Bad Debt
IRS990/OtherExpensesGrp/Desc1Other Client Related Expenses
IRS990/OtherExpensesGrp/Desc2Membership dues and Processing Fees
IRS990/OtherExpensesGrp/FundraisingAmt0200
IRS990/OtherExpensesGrp/FundraisingAmt12876
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27438
IRS990/OtherExpensesGrp/ProgramServicesAmt063000
IRS990/OtherExpensesGrp/ProgramServicesAmt122464
IRS990/OtherExpensesGrp/ProgramServicesAmt2260
IRS990/OtherExpensesGrp/TotalAmt093200
IRS990/OtherExpensesGrp/TotalAmt125340
IRS990/OtherExpensesGrp/TotalAmt27698
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0127
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt071850
IRS990/OtherSalariesAndWagesGrp/TotalAmt089413
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01644
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04168
IRS990/PayrollTaxesGrp/ProgramServicesAmt013476
IRS990/PayrollTaxesGrp/TotalAmt019288
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0235
IRS990/PrincipalOfficerNm0Tiam Rastegar
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/Desc1Program services
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt187863
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187863
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0General Program- Trailhead North is an innovation hub and incubator space with a dedicated office, desks and shared conference and meeting rooms. This location is geared towards startups and entrepreneurs that are further along in their lifecycle than the typical startup we host at Trailhead Basecamp. North also features a Learning Center, a large meeting space where Trailhead and its members host events and workshops. We have 5 offices and 24 dedicated desks filled.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135668
IRS990/ProgSrvcAccomActy2Grp/GrantAmt05247
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0392
IRS990/ProgSrvcAccomActy3Grp/Desc0Basecamp is our original headquarters and operational base. We serve over 250 members there with our so-calledHot Desk product (first come first serve) in an open and collaborative co-working environment. It includes our events for Educational Programming, Mentorship interactions and Experiential Learning events such as Boise Pitch Night, Trailmix, Boise Startup Week, Lunch and Learn Series and our annual Fundraiser.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053826
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0159787
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Programs - Trailhead participates in community wide events and organizations to leverage the outreach of additional entities and opportunities to reach a broader audience. This includes but is not limited to other nonprofit organizations and events hosted within the Treasure Valley and with the City of Boise. Ultimately our goal is to grow the awareness and understanding of the potential for the entrepreneur and start up businesses in the community.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt094683
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt03500
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt081662
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0265279
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01096
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0394056
IRS990/PYOtherRevenueAmt01435
IRS990/PYProgramServiceRevenueAmt0206219
IRS990/PYRevenuesLessExpensesAmt0-75434
IRS990/PYSalariesCompEmpBnftPaidAmt0153215
IRS990/PYTotalExpensesAmt0548367
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0472933
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-10591
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011377
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt034825
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011687
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Related Miscellaneous Revenue.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0567034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0265280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0429052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0533160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0301568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02096094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0607
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0752314
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01434
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02396
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01104
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04944
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55420
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt01164722
IRS990ScheduleA/SubstantialContributorsTotAmt0931372
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0567034
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0265280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0429052
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0533160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0301568
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02096094
IRS990ScheduleA/TotalSupportAmt02101645
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.33$0.59$6.04$7.21$1.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.22$1.76$8.51$7.41$1.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.30$0.66$8.94$8.96$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.12$0.68$6.11$6.39$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.64$0.96$5.39$5.77$0.38
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.07$1.34$8.20$8.31$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$4.73$5.48$0.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.29$2.20$6.99$7.29$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.21$2.50$5.51$4.69$0.82
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.17$1.67$3.10$2.23$0.87
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.04$0.80$1.00$0.20$0.80