Civic Intelligence

Trace International Inc

990 • Fiscal year 2016 • EIN 65-1162716

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 11, 2017

151 West Street Suite 300Annapolis, MD 21401

(410) 990-0076

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.24x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.37x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Net Margin

10th percentile

-9.9%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$842,735

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Asset Growth

19th percentile

-2.7%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-8.3%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$11,273,792

Down $317,518 (-2.7%) from 2015

Net Assets

Down

$8,567,830

Down $762,273 (-8.2%) from 2015

Liabilities

Up

$2,705,962

Up $444,755 (+20%) from 2015

Revenue

Down

$7,402,772

Down $670,580 (-8.3%) from 2015

Expenses

Up

$8,136,916

Up $435,800 (+5.7%) from 2015

Net Income

Down

-$734,144

Down $1,106,380 (-297%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,166,461Liabilities 2011: $0Net Assets 2011: $5,166,4612011Assets 2012: $8,719,872Liabilities 2012: $1,668,943Net Assets 2012: $7,050,9292012Assets 2013: $10,144,298Liabilities 2013: $1,916,907Net Assets 2013: $8,227,3912013Assets 2014: $11,664,390Liabilities 2014: $2,120,417Net Assets 2014: $9,543,9732014Assets 2015: $11,591,310Liabilities 2015: $2,261,207Net Assets 2015: $9,330,1032015Assets 2016: $11,273,792Liabilities 2016: $2,705,962Net Assets 2016: $8,567,8302016Assets 2017: $12,939,592Liabilities 2017: $3,896,961Net Assets 2017: $9,042,6312017Assets 2018: $12,361,121Liabilities 2018: $4,338,423Net Assets 2018: $8,022,6982018Assets 2019: $11,056,920Liabilities 2019: $4,439,023Net Assets 2019: $6,617,8972019Assets 2020: $11,076,298Liabilities 2020: $5,641,502Net Assets 2020: $5,434,7962020Assets 2021: $11,075,963Liabilities 2021: $5,687,761Net Assets 2021: $5,388,2022021Assets 2022: $10,765,048Liabilities 2022: $5,878,315Net Assets 2022: $4,886,7332022Assets 2023: $10,747,205Liabilities 2023: $5,863,141Net Assets 2023: $4,884,0642023Assets 2024: $8,848,487Liabilities 2024: $4,498,192Net Assets 2024: $4,350,2952024

Highlighted filing

2016

Assets$11,273,792
Liabilities$2,705,962
Net Assets$8,567,830

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $6,557,512Expenses 2011: $4,300,459Net Income 2011: $2,257,0532011Revenue 2012: $7,398,675Expenses 2012: $4,289,021Net Income 2012: $3,109,6542012Revenue 2013: $6,844,652Expenses 2013: $5,683,758Net Income 2013: $1,160,8942013Revenue 2014: $7,330,453Expenses 2014: $6,012,450Net Income 2014: $1,318,0032014Revenue 2015: $8,073,352Expenses 2015: $7,701,116Net Income 2015: $372,2362015Revenue 2016: $7,402,772Expenses 2016: $8,136,916Net Income 2016: -$734,1442016Revenue 2017: $7,799,940Expenses 2017: $7,792,663Net Income 2017: $7,2772017Revenue 2018: $7,269,172Expenses 2018: $7,871,884Net Income 2018: -$602,7122018Revenue 2019: $6,947,704Expenses 2019: $9,170,875Net Income 2019: -$2,223,1712019Revenue 2020: $5,313,051Expenses 2020: $6,824,291Net Income 2020: -$1,511,2402020Revenue 2021: $5,402,423Expenses 2021: $5,607,817Net Income 2021: -$205,3942021Revenue 2022: $5,712,677Expenses 2022: $5,578,827Net Income 2022: $133,8502022Revenue 2023: $5,594,369Expenses 2023: $6,063,427Net Income 2023: -$469,0582023Revenue 2024: $5,416,498Expenses 2024: $5,970,277Net Income 2024: -$553,7792024

Highlighted filing

2016

Revenue$7,402,772
Expenses$8,136,916
Net Income-$734,144
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 11, 2017
Return Version
2016v3.0
Gross Receipts
$7,403,173
Mission and Program Overview

Mission

To advance commercial transparency and raise anti-bribery compliance standards worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,496,902$8,092,275▼ $404,627
Accounts Receivable$1,231,652$1,055,050▼ $176,602
Savings and Temporary Cash Investments$1,115,678$936,231▼ $179,447
Intangible Assets$469,596$464,930▼ $4,666
Cash and Non-Interest-Bearing Accounts$-14,124$358,187▲ $372,311
Land, Buildings, and Equipment, Net$117,279$245,942▲ $128,663
Prepaid Expenses and Deferred Charges$148,574$96,526▼ $52,048
Total Assets$11,591,310$11,273,792▼ $317,518
Other Assets Total$25,753$24,651▼ $1,102
Liabilities
Deferred Revenue$1,880,000$2,255,297▲ $375,297
Accounts Payable and Accrued Expenses$381,207$450,665▲ $69,458
Total Liabilities$2,261,207$2,705,962▲ $444,755
Net Assets / Fund Balance
Unrestricted Net Assets$9,330,103$8,567,830▼ $762,273
Total Net Assets Fund Balance$9,330,103$8,567,830▼ $762,273
Total Liabilities and Net Assets / Fund Balance$11,591,310$11,273,792▼ $317,518

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$64,439$116,990$181,429
Other Land Buildings$101,392$35,531$136,923
Leasehold Improvements$80,111$12,506$92,617
Buildings$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alexandra WragePresidentFT$515,620$327,115$842,735
Pia ViningSr. Director Due DiligenceFT$182,577$66,410$248,987
Virna DipalmaSr. Director Global Strategy &FT$148,556$45,621$194,177
Anne Marie ZellManager, Member & Advisory ServicesFT$121,233$11,340$132,573
Robert ClarkManager,legal ResearchFT$106,760$5,774$112,534

Board Members and Trustees

NameTitle
Amy SommersBoard Member
Jonathon DrimmerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,397,141
Investment Income
$5,631
Other Revenue
$0
Change in Net Assets
$-734,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,922,180
Other Expenses$2,729,100
Grants and Similar Amounts Paid$485,636
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,306,950
Current Officers, Directors, Trustees, and Key Employees---$660,620
Fees for Services Other---$535,770
Grants to Domestic Orgs---$485,636
Payroll Taxes---$396,833
Pension Plan Contributions---$393,871
Information Technology---$359,846
Occupancy---$329,816
Conferences and Meetings---$263,736
Depreciation Depletion---$233,560
Other Employee Benefits---$163,906
Office Expenses---$122,996
All Other Expenses---$120,227
Other Expenses---$103,045
Advertising---$85,535
Fees for Services Legal---$41,957
Insurance---$35,373
Fees for Services Accounting---$15,120
Travel---$14,708
Total Functional Expenses$0$0$0$8,136,916
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trace FoundationAnnapolis, MD501(c)(3)General Support$300,000
Georgetown LawWashington Dc, DC501(c)(3)Scholarships$85,500
University of Washington Law School FundSeattle, WA501(c)(3)Scholarships$69,854

International Summary

Offices
2
Employees
7
Spending
$848,984

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (iceland & Greenland)Program ServicesConferences/workshops16$497,635
East Asia and the PacificProgram ServicesConferences/workshops11$183,580
Middle East and AfricaProgram ServicesConferences/workshops--$114,999
Sub-saharan AfricaProgram ServicesConferences/workshops--$37,174
South AsiaProgram ServicesConferences/workshops--$10,658
North AmericaProgram ServicesConferences/workshops--$3,691
Russia and Surrounding CountriesProgram ServicesConferences/workshops--$1,247
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Part VI, Section B, Line 11B

The form 990 is reviewed by trace's internal accountant, director of operations, and the president. The form 990 is then presented to the board of directors for review prior to filing.

Form 990, Part VI, Section B, Line 15A

The president's compensation is determined by the compensation committee with the board of directors, based on performance. The compensation committee requested an external review by an independent consulting firm in 2014 and viewed the president's compensation as consistent with the consulting firm's report recommendations.

Form 990, Part VI, Section C, Line 19

This information is available to the public upon request at the office of trace international, inc. The 990 is also available at guidestar.org.

Filing and Contact Details

Filer

Filer Name
Trace International Inc
EIN
65-1162716
Phone
4109900076
Address
151 WEST STREET SUITE 300, ANNAPOLIS, MD 21401

Signing Officer

Name
Alexandra Wrage
Title
President
Phone
4109900076
Signed
2017-10-11
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
2
Employees
104
Volunteers
0

Preparer

Firm
Dembo Jones Pc
Address
8850 STANFORD BLVD STE 2000, COLUMBIA, MD 21045
Preparer
Michael E Small
Phone
4102900770
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Trace is a globally recognized anti-bribery business organization and leading provider of cost-effective third party risk management solutions. Members and clients include hundreds of multinational companies headquartered worldwide. Trace leverages a shared-cost model whereby membership dues are pooled to develop anti-bribery compliance tools, services and resources including: resource center: a members-only online database containing targeted compliance materials, including local law guidance, model compliance policies, training vignettes, and benchmarking resources. Online training: courses cover a wide range of key compliance issues and are available in up to 24 languages. Trace members enjoy unrestricted access to our multilingual online training library and customizable training platform and may train an unlimited number of their employees and third parties. Benchmarking events: trace hosts nearly 20 benchmarking events every year. Events are held worldwide and offer members the opportunity to train employees at all levels as well as third parties. Tracegifts: a secure online system for tracking both incoming and outgoing gifts, meals, travel and entertainment and identifying spending patterns that may raise a red flags. Third party management system (tpms): a streamlined and easy to use platform for managing third party risk and due diligence requirements. Tracesort: software for assessing third party risk and allocating due diligence resources. Discounted trace certified due diligence: discount on sponsored trace certified due diligence, an internationally recognized due diligence review, analysis and approval process.

Financial Statement Notes

PART X, LINE 2:

Trace international, inc. Qualifies as a tax-exempt non-profit membership organization under section 501(c)(6) of the internal revenue code, except on net income derived from unrelated business activities. There was no net unrelated business taxable income; therefore, no provision for income tax is reflected in the financial statements. Accounting principles generally accepted in the united states of america require the organization to evaluate tax positions taken and recognize a tax liability if it is more likely than not that uncertain tax positions taken would not be sustained upon examination by taxing authorities. The organization has analyzed tax positions taken and has concluded that, as of and for the year ended december 31, 2016, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization had no interest or penalties related to income taxes for the year ended subject to examination by the internal revenue service for the last three years of filing.

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IRS990/NetAssetsOrFundBalancesBOYAmt09330103
IRS990/NetAssetsOrFundBalancesEOYAmt08567830
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-401
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-401
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-28129
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0329816
IRS990/OfficeExpensesGrp/TotalAmt0122996
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025753
IRS990/OtherAssetsTotalGrp/EOYAmt024651
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0163906
IRS990/OtherExpensesGrp/Desc0PROJECTS
IRS990/OtherExpensesGrp/Desc1ONLINE TRAINING
IRS990/OtherExpensesGrp/Desc2WORKSHOP
IRS990/OtherExpensesGrp/Desc3MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/TotalAmt0197452
IRS990/OtherExpensesGrp/TotalAmt1148114
IRS990/OtherExpensesGrp/TotalAmt2121845
IRS990/OtherExpensesGrp/TotalAmt3103045
IRS990/OtherSalariesAndWagesGrp/TotalAmt03306950
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0396833
IRS990/PensionPlanContributionsGrp/TotalAmt0393871
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0148574
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt096526
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1DUE DILIGENCE REPORTS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04391250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12538460
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2107703
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04391250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12538460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2107703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32931
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM-2: ONLINE TRAINING - TRACE PROVIDES ITS MEMBERS WITH UNLIMITED USE OF ITS CUSTOMIZABLE TRAINING PLATFORM AND MULTILINGUAL ONLINE TRAINING LIBRARY. COURSES NOW COVER A WIDE RANGE OF KEY COMPLIANCE ISSUES INCLUDING ANTI-BRIBERY, CONFLICTS OF INTEREST, CONFLICT MINERALS, ECONOMIC SANCTIONS AND AVOIDING TRAFFICKED LABOR AND ARE AVAILABLE IN UP TO 24 LANGUAGES. OUR UPDATED ANTI-BRIBERY TRAINING LEVERAGES GAMIFICATION TO IMPROVE LEARNER RETENTION AND ENGAGEMENT.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAM-3 -TRACE FORUM AND GAIN - TRACE HOSTED ITS ANNUAL FORUM IN WASHINGTON, DC WITH 103 ATTENDEES. THE EVENT FEATURED REGULATORS AND PROVIDED ATTENDEES WITH PRACTICAL TAKEAWAYS ON COMPLIANCE BEST PRACTICES. THERE WAS NO CHARGE FOR PARTICIPATION. IN ADDITION, TRACE HOSTED THE GLOBAL ANTI-BRIBERY IN-HOUSE NETWORK (GAIN) IN LONDON, WITH 108 ATTENDEES. GAIN PROVIDED AN IN-DEPTH ANALYSIS OF THE LATEST INTERNATIONAL ANTI-BRIBERY REGULATORY AND ENFORCEMENT DEVELOPMENTS. TRACE MEMBER COMPANIES AS WELL AS TRACE PARTNER FIRMS WERE INVITED TO ATTEND AT NO CHARGE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt01192865
IRS990/PYInvestmentIncomeAmt0227464
IRS990/PYOtherExpensesAmt01963182
IRS990/PYOtherRevenueAmt09468
IRS990/PYProgramServiceRevenueAmt07836420
IRS990/PYRevenuesLessExpensesAmt0372236
IRS990/PYSalariesCompEmpBnftPaidAmt04545069
IRS990/PYTotalExpensesAmt07701116
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08073352
IRS990/ReconcilationRevenueExpnssAmt0-734144
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01115678
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0936231
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt064439
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0116990
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0181429
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt080111
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012506
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt092617
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0101392
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035531
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0136923
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TRACE INTERNATIONAL, INC. QUALIFIES AS A TAX-EXEMPT NON-PROFIT MEMBERSHIP ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THERE WAS NO NET UNRELATED BUSINESS TAXABLE INCOME; THEREFORE, NO PROVISION FOR INCOME TAX IS REFLECTED IN THE FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF IT IS MORE LIKELY THAN NOT THAT UNCERTAIN TAX POSITIONS TAKEN WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN AND HAS CONCLUDED THAT, AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES FOR THE YEAR ENDED SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE LAST THREE YEARS OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0245942
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt16
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0183580
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1497635
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2114999
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt33691
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt41247
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt510658
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt637174
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE (ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2MIDDLE EAST AND AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4RUSSIA AND SURROUNDING COUNTRIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt6SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt5CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt6CONFERENCES/WORKSHOPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt5PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt6PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt07
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0848984
IRS990ScheduleF/TotalEmployeeCnt07
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0848984
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt069854
IRS990ScheduleI/RecipientTable/CashGrantAmt1300000
IRS990ScheduleI/RecipientTable/CashGrantAmt285500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF WASHINGTON LAW SCHOOL FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TRACE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2GEORGETOWN LAW
IRS990ScheduleI/RecipientTable/RecipientEIN0237066063
IRS990ScheduleI/RecipientTable/RecipientEIN1475363033
IRS990ScheduleI/RecipientTable/RecipientEIN2530196603
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 359505
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1151 WEST STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22115 WISCONSIN AVE NW SUITE 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ANNAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WASHINGTON DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098195
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd121401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd220007
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SPONSORS A SCHOLARSHIP FOR LLM/MASTER OF LAW STUDENTS OR PROFESSIONALS COMMITED TO ENHANCING TRANSPERENCY IN BUSINESS AND GOVERNMENT. SCHOLARSHIPS ARE AWARDED TO APPLICANTS FROM DEVELOPING COUNTRIES WHO HAVE DEDMONSTRATED A COMMITMENT TO REDUCING CORRPUTION. THE ORGANIZATION TRANSFERS FUNDS TO ITS PARTNER UNIVERSITY SCHOLARSHIP FUNDS. THE UNIVERSITY THEN AWARDS THE SCHOLARSHIPS TO APPLICANTS WHO MEET THE AWARD'S CRITERIA AND MONITOR THE APPLICANTS PERFORMANCE IN ACCORDANCE WITH THE SCHOLARSHIPS FUNDS' STANDARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0515620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1148556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2182577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0145000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount113204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount215811
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0175900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt127923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt239487
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06215
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt14494
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt211112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALEXANDRA WRAGE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VIRNA DIPALMA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PIA VINING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SR. DIR GLOBAL STRATEGY &
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SR. DIRECTOR DUE DILIGENCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0842735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1194177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2248987
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRACE IS A GLOBALLY RECOGNIZED ANTI-BRIBERY BUSINESS ORGANIZATION AND LEADING PROVIDER OF COST-EFFECTIVE THIRD PARTY RISK MANAGEMENT SOLUTIONS. MEMBERS AND CLIENTS INCLUDE HUNDREDS OF MULTINATIONAL COMPANIES HEADQUARTERED WORLDWIDE. TRACE LEVERAGES A SHARED-COST MODEL WHEREBY MEMBERSHIP DUES ARE POOLED TO DEVELOP ANTI-BRIBERY COMPLIANCE TOOLS, SERVICES AND RESOURCES INCLUDING: RESOURCE CENTER: A MEMBERS-ONLY ONLINE DATABASE CONTAINING TARGETED COMPLIANCE MATERIALS, INCLUDING LOCAL LAW GUIDANCE, MODEL COMPLIANCE POLICIES, TRAINING VIGNETTES, AND BENCHMARKING RESOURCES. ONLINE TRAINING: COURSES COVER A WIDE RANGE OF KEY COMPLIANCE ISSUES AND ARE AVAILABLE IN UP TO 24 LANGUAGES. TRACE MEMBERS ENJOY UNRESTRICTED ACCESS TO OUR MULTILINGUAL ONLINE TRAINING LIBRARY AND CUSTOMIZABLE TRAINING PLATFORM AND MAY TRAIN AN UNLIMITED NUMBER OF THEIR EMPLOYEES AND THIRD PARTIES. BENCHMARKING EVENTS: TRACE HOSTS NEARLY 20 BENCHMARKING EVENTS EVERY YEAR. EVENTS ARE HELD WORLDWIDE AND OFFER MEMBERS THE OPPORTUNITY TO TRAIN EMPLOYEES AT ALL LEVELS AS WELL AS THIRD PARTIES. TRACEGIFTS: A SECURE ONLINE SYSTEM FOR TRACKING BOTH INCOMING AND OUTGOING GIFTS, MEALS, TRAVEL AND ENTERTAINMENT AND IDENTIFYING SPENDING PATTERNS THAT MAY RAISE A RED FLAGS. THIRD PARTY MANAGEMENT SYSTEM (TPMS): A STREAMLINED AND EASY TO USE PLATFORM FOR MANAGING THIRD PARTY RISK AND DUE DILIGENCE REQUIREMENTS. TRACESORT: SOFTWARE FOR ASSESSING THIRD PARTY RISK AND ALLOCATING DUE DILIGENCE RESOURCES. DISCOUNTED TRACE CERTIFIED DUE DILIGENCE: DISCOUNT ON SPONSORED TRACE CERTIFIED DUE DILIGENCE, AN INTERNATIONALLY RECOGNIZED DUE DILIGENCE REVIEW, ANALYSIS AND APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY TRACE'S INTERNAL ACCOUNTANT, DIRECTOR OF OPERATIONS, AND THE PRESIDENT. THE FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE WITH THE BOARD OF DIRECTORS, BASED ON PERFORMANCE. THE COMPENSATION COMMITTEE REQUESTED AN EXTERNAL REVIEW BY AN INDEPENDENT CONSULTING FIRM IN 2014 AND VIEWED THE PRESIDENT'S COMPENSATION AS CONSISTENT WITH THE CONSULTING FIRM'S REPORT RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE OFFICE OF TRACE INTERNATIONAL, INC. THE 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.85$4.50$4.35$5.42$5.97$0.55
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$5.86$4.88$5.59$6.06$0.47
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$5.88$4.89$5.71$5.58$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$5.69$5.39$5.40$5.61$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$5.64$5.43$5.31$6.82$1.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$4.44$6.62$6.95$9.17$2.22
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$4.34$8.02$7.27$7.87$0.60
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$3.90$9.04$7.80$7.79$0.01
2016Detailed filing. Detailed filing data is available for this year.$11.3$2.71$8.57$7.40$8.14$0.73
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$2.26$9.33$8.07$7.70$0.37
2014Detailed filing. Detailed filing data is available for this year.$11.7$2.12$9.54$7.33$6.01$1.32
2013Detailed filing. Detailed filing data is available for this year.$10.1$1.92$8.23$6.84$5.68$1.16
2012Summary only. Only limited summary data is available for this year.$8.72$1.67$7.05$7.40$4.29$3.11
2011Summary only. Only limited summary data is available for this year.$5.17$0.00$5.17$6.56$4.30$2.26