Civic Intelligence

Trebic Inc

990 • Fiscal year 2020 • EIN 56-2121548

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 27, 2021

115 South Westgate DriveGreensboro, NC 27407

(336) 855-1453

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Net Margin

53rd percentile

5.6%

Higher net margin than 53% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$109,436

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Asset Growth

18th percentile

-20%

Faster asset growth than 18% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

2.7%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$210,004

Down $52,803 (-20%) from 2019

Net Assets

Up

$208,409

Up $20,846 (+11%) from 2019

Liabilities

Down

$1,595

Down $73,649 (-98%) from 2019

Revenue

Up

$374,266

Up $9,787 (+2.7%) from 2019

Expenses

Up

$353,420

Up $70,157 (+25%) from 2019

Net Income

Down

$20,846

Down $60,370 (-74%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $115,623Liabilities 2011: $23,117Net Assets 2011: $92,5062011Assets 2012: $112,520Liabilities 2012: $49,919Net Assets 2012: $62,6012012Assets 2013: $113,742Liabilities 2013: $262Net Assets 2013: $113,4802013Assets 2014: $96,528Liabilities 2014: $233Net Assets 2014: $96,2952014Assets 2015: $140,386Liabilities 2015: $67,275Net Assets 2015: $73,1112015Assets 2016: $186,407Liabilities 2016: $68,500Net Assets 2016: $117,9072016Assets 2017: $148,396Liabilities 2017: $31,495Net Assets 2017: $116,9012017Assets 2018: $141,433Liabilities 2018: $35,086Net Assets 2018: $106,3472018Assets 2019: $262,807Liabilities 2019: $75,244Net Assets 2019: $187,5632019Assets 2020: $210,004Liabilities 2020: $1,595Net Assets 2020: $208,4092020Assets 2021: $265,617Liabilities 2021: $89,074Net Assets 2021: $176,5432021Assets 2022: $241,609Liabilities 2022: $109,510Net Assets 2022: $132,0992022Assets 2023: $285,347Liabilities 2023: $129,826Net Assets 2023: $155,5212023Assets 2024: $280,322Liabilities 2024: $138,146Net Assets 2024: $142,1762024

Highlighted filing

2020

Assets$210,004
Liabilities$1,595
Net Assets$208,409

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $232,4142011Revenue 2012: $218,473Expenses 2012: $248,378Net Income 2012: -$29,9052012Revenue 2013: $248,536Expenses 2013: $253,190Net Income 2013: -$4,6542013Revenue 2014: $283,895Expenses 2014: $276,591Net Income 2014: $7,3042014Revenue 2015: $267,400Expenses 2015: $261,915Net Income 2015: $5,4852015Revenue 2016: $308,640Expenses 2016: $265,001Net Income 2016: $43,6392016Revenue 2017: $321,245Expenses 2017: $319,253Net Income 2017: $1,9922017Revenue 2018: $320,511Expenses 2018: $331,065Net Income 2018: -$10,5542018Revenue 2019: $364,479Expenses 2019: $283,263Net Income 2019: $81,2162019Revenue 2020: $374,266Expenses 2020: $353,420Net Income 2020: $20,8462020Revenue 2021: $363,112Expenses 2021: $394,978Net Income 2021: -$31,8662021Revenue 2022: $419,164Expenses 2022: $463,608Net Income 2022: -$44,4442022Revenue 2023: $473,516Expenses 2023: $450,094Net Income 2023: $23,4222023Revenue 2024: $463,665Expenses 2024: $477,010Net Income 2024: -$13,3452024

Highlighted filing

2020

Revenue$374,266
Expenses$353,420
Net Income$20,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 27, 2021
Return Version
2020v4.1
Gross Receipts
$374,266
Mission and Program Overview

Mission

To take collaborative action in issues of concern to their broad membership engaged in real estate and other industries, to promote responsible development, sustainable growth and vibrant communities

To be a positive partner with the community, actively participating in finding solutions to difficult community problems and to adamantly uphold the preservation of constitutionally protected private property rights.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$176,193$181,803▲ $5,610
Cash and Non-Interest-Bearing Accounts$77,222$0▼ $77,222
Accounts Receivable$6,591$12,694▲ $6,103
Prepaid Expenses and Deferred Charges-$8,000-
Land, Buildings, and Equipment, Net$2,801$7,507▲ $4,706
Total Assets$262,807$210,004▼ $52,803
Liabilities
Deferred Revenue$75,244$1,595▼ $73,649
Total Liabilities$75,244$1,595▼ $73,649
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$187,563$208,409▲ $20,846
Total Net Assets Fund Balance$187,563$208,409▲ $20,846
Total Liabilities and Net Assets / Fund Balance$262,807$210,004▼ $52,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,507$8,636$16,143
Other Land Buildings$0$9,554$9,554
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marlene SanfordPresidentFT$109,436$109,436

Board Members and Trustees

NameTitle
Brian HallChair
Amanda HodierneVice-chair
Cheryl CollinsDirector
Chris DunbarDirector
Chuck BoeckerDirector
Jon LowderDirector
Phil WarrickDirector
Rick DehnertDirector
Scott WallaceDirector
Sterling KellyDirector
Will YearnsDirector
Adam CarrollSecretary
Richard VanoreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$303,382
Program Service Revenue
$70,076
Investment Income
$679
Other Revenue
$129
Change in Net Assets
$20,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$184,934
Other Expenses$168,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$98,492$10,944-$109,436
Comp Disqual Persons$40,338$4,482-$44,820
Other Employee Benefits$16,776$1,864-$18,640
Payroll Taxes$10,835$1,203-$12,038
Occupancy$6,250--$6,250
Fees for Services Accounting$4,579--$4,579
Information Technology$3,065$340-$3,405
Conferences and Meetings$2,945--$2,945
All Other Expenses$2,674--$2,674
Insurance$1,949$217-$2,166
Travel$2,098--$2,098
Depreciation Depletion$1,832$204-$2,036
Other Expenses$1,540--$1,540
Office Expenses$1,332$146-$1,478
Total Functional Expenses$334,020$19,400$0$353,420
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
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

Some of the directors and officers have business relationships with other directors and officers due to the nature of the organization and the relationships which exist within the real estate community and its vendors. Members, directors and officers promote partnering of businesses within the organization.

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

The organization's body meets, examines and approves the form 990 and related schedules as prepared by an outside certified public accountant prior to its filing.

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

The organization monitors and enforces compliance with its conflict of interest policy by making it available in the company by-laws, which are available to all members. They also ask members for any conflicts of interest at each monthly board meeting.

Form 990, Part VI, Section B, Line 15

Compensation is determined for the executive director and other employees by approval of the directors and officers.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Trebic Inc
EIN
56-2121548
Phone
3368551453
Address
115 SOUTH WESTGATE DRIVE, GREENSBORO, NC 27407

Signing Officer

Name
Marlene Sanford
Title
President
Phone
3368551453
Signed
2021-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marlene Sanford
Formed
1999
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
0

Preparer

Firm
Costello Hill & Company Llp
Address
1112 MAGNOLIA STREET, GREENSBORO, NC 27401-1426
Preparer
Susan S Moye
Phone
3362743281
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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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IRS990/PayrollTaxesGrp/TotalAmt012038
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08000
IRS990/PrincipalOfficerNm0MARLENE SANFORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt067076
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt067076
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0287761
IRS990/PYGrantsAndSimilarPaidAmt0140
IRS990/PYInvestmentIncomeAmt0603
IRS990/PYOtherExpensesAmt0167883
IRS990/PYOtherRevenueAmt069
IRS990/PYProgramServiceRevenueAmt076046
IRS990/PYRevenuesLessExpensesAmt081216
IRS990/PYSalariesCompEmpBnftPaidAmt0115240
IRS990/PYTotalExpensesAmt0283263
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0364479
IRS990/ReconcilationRevenueExpnssAmt020846
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0176193
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0181803
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07507
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016143
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09554
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09554
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07507
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME OF THE DIRECTORS AND OFFICERS HAVE BUSINESS RELATIONSHIPS WITH OTHER DIRECTORS AND OFFICERS DUE TO THE NATURE OF THE ORGANIZATION AND THE RELATIONSHIPS WHICH EXIST WITHIN THE REAL ESTATE COMMUNITY AND ITS VENDORS. MEMBERS, DIRECTORS AND OFFICERS PROMOTE PARTNERING OF BUSINESSES WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BODY MEETS, EXAMINES AND APPROVES THE FORM 990 AND RELATED SCHEDULES AS PREPARED BY AN OUTSIDE CERTIFIED PUBLIC ACCOUNTANT PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY MAKING IT AVAILABLE IN THE COMPANY BY-LAWS, WHICH ARE AVAILABLE TO ALL MEMBERS. THEY ALSO ASK MEMBERS FOR ANY CONFLICTS OF INTEREST AT EACH MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES BY APPROVAL OF THE DIRECTORS AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0262807
IRS990/TotalAssetsEOYAmt0210004
IRS990/TotalAssetsGrp/BOYAmt0262807
IRS990/TotalAssetsGrp/EOYAmt0210004
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0303382
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019400
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0334020
IRS990/TotalFunctionalExpensesGrp/TotalAmt0353420
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075244
IRS990/TotalLiabilitiesEOYAmt01595
IRS990/TotalLiabilitiesGrp/BOYAmt075244
IRS990/TotalLiabilitiesGrp/EOYAmt01595
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0187563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0208409
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0334020
IRS990/TotalProgramServiceRevenueAmt070076
IRS990/TotalReportableCompFromOrgAmt0109436
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070884
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0374266
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0262807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0210004
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02098
IRS990/TravelGrp/TotalAmt02098
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0115 SOUTH WESTGATE DR
IRS990/USAddress/CityNm0GREENSBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027407
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.TREBIC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARLENE SANFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03368551453
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TREBIC INC
ReturnHeader/Filer/BusinessNameControlTxt0TREB
ReturnHeader/Filer/EIN0562121548
ReturnHeader/Filer/PhoneNum03368551453
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 SOUTH WESTGATE DRIVE
ReturnHeader/Filer/USAddress/CityNm0GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560572048
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COSTELLO HILL & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01112 MAGNOLIA STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274011426
ReturnHeader/PreparerPersonGrp/PhoneNum03362743281
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN S MOYE
ReturnHeader/ReturnTs02021-09-30T15:02:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARLENE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SANFORD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.80$1.38$1.42$4.64$4.77$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.85$1.30$1.56$4.74$4.50$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.42$1.10$1.32$4.19$4.64$0.44
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.89$1.77$3.63$3.95$0.32
2020Detailed filing. Detailed filing data is available for this year.$2.10$0.02$2.08$3.74$3.53$0.21
2019Summary only. Only limited summary data is available for this year.$2.63$0.75$1.88$3.64$2.83$0.81
2018Summary only. Only limited summary data is available for this year.$1.41$0.35$1.06$3.21$3.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.48$0.31$1.17$3.21$3.19$0.02
2016Summary only. Only limited summary data is available for this year.$1.86$0.69$1.18$3.09$2.65$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.40$0.67$0.73$2.67$2.62$0.05
2014Summary only. Only limited summary data is available for this year.$0.97$0.00$0.96$2.84$2.77$0.07
2013Summary only. Only limited summary data is available for this year.$1.14$0.00$1.13$2.49$2.53$0.05
2012Summary only. Only limited summary data is available for this year.$1.13$0.50$0.63$2.18$2.48$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.23$0.93$2.32