Civic Intelligence

Trace Inc.

990 • Fiscal year 2021 • EIN 82-0460224

Jan 01, 2021 to Dec 31, 2021 • Filed on May 14, 2022

PO Box 140309Boise, ID 83714

(208) 939-4350

Siviq Scores

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

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

16th percentile

0.05x

Higher debt load relative to revenue than 16% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

30th percentile

3.5%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

47th percentile

$234,661

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

38th percentile

6.1%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

6.6%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$23,369,151

Up $1,349,965 (+6.1%) from 2020

Net Assets

Up

$21,889,937

Up $977,269 (+4.7%) from 2020

Liabilities

Up

$1,479,214

Up $372,696 (+34%) from 2020

Revenue

Up

$27,612,315

Up $1,717,796 (+6.6%) from 2020

Expenses

Up

$26,635,046

Up $38,345 (+0.1%) from 2020

Net Income

Up

$977,269

Up $1,679,451 (+239%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $14,743,392Liabilities 2010: $1,601,332Net Assets 2010: $13,142,0602010Assets 2011: $15,822,790Liabilities 2011: $1,195,076Net Assets 2011: $14,627,7142011Assets 2012: $16,515,429Liabilities 2012: $1,179,419Net Assets 2012: $15,336,0102012Assets 2013: $16,931,547Liabilities 2013: $1,257,352Net Assets 2013: $15,674,1952013Assets 2014: $18,267,620Liabilities 2014: $1,211,125Net Assets 2014: $17,056,4952014Assets 2015: $19,218,532Liabilities 2015: $1,094,008Net Assets 2015: $18,124,5242015Assets 2016: $19,447,916Liabilities 2016: $961,353Net Assets 2016: $18,486,5632016Assets 2017: $21,488,789Liabilities 2017: $1,211,344Net Assets 2017: $20,277,4452017Assets 2018: $21,687,101Liabilities 2018: $1,112,707Net Assets 2018: $20,574,3942018Assets 2019: $21,985,557Liabilities 2019: $370,707Net Assets 2019: $21,614,8502019Assets 2020: $22,019,186Liabilities 2020: $1,106,518Net Assets 2020: $20,912,6682020Assets 2021: $23,369,151Liabilities 2021: $1,479,214Net Assets 2021: $21,889,9372021Assets 2022: $23,394,156Liabilities 2022: $2,104,522Net Assets 2022: $21,289,6342022Assets 2023: $22,422,461Liabilities 2023: $1,640,371Net Assets 2023: $20,782,0902023Assets 2024: $22,191,999Liabilities 2024: $1,631,902Net Assets 2024: $20,560,0972024

Highlighted filing

2021

Assets$23,369,151
Liabilities$1,479,214
Net Assets$21,889,937

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $20,067,9752010Expenses 2011: $20,520,4032011Expenses 2012: $21,726,8142012Revenue 2013: $20,987,066Expenses 2013: $20,648,881Net Income 2013: $338,1852013Revenue 2014: $22,255,414Expenses 2014: $20,873,114Net Income 2014: $1,382,3002014Revenue 2015: $22,784,640Expenses 2015: $21,716,611Net Income 2015: $1,068,0292015Revenue 2016: $22,665,963Expenses 2016: $22,303,924Net Income 2016: $362,0392016Revenue 2017: $25,156,721Expenses 2017: $23,365,839Net Income 2017: $1,790,8822017Revenue 2018: $25,967,567Expenses 2018: $25,670,618Net Income 2018: $296,9492018Revenue 2019: $27,290,291Expenses 2019: $26,249,835Net Income 2019: $1,040,4562019Revenue 2020: $25,894,519Expenses 2020: $26,596,701Net Income 2020: -$702,1822020Revenue 2021: $27,612,315Expenses 2021: $26,635,046Net Income 2021: $977,2692021Revenue 2022: $31,425,666Expenses 2022: $32,025,969Net Income 2022: -$600,3032022Revenue 2023: $36,405,878Expenses 2023: $36,913,422Net Income 2023: -$507,5442023Revenue 2024: $38,965,100Expenses 2024: $39,187,093Net Income 2024: -$221,9932024

Highlighted filing

2021

Revenue$27,612,315
Expenses$26,635,046
Net Income$977,269
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 14, 2022
Return Version
2021v4.0
Gross Receipts
$41,874,984
Mission and Program Overview

Mission

To provide education, training, and employment to the disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,781,070$8,093,862▼ $687,208
Investments in Publicly Traded Securities$7,257,169$7,419,789▲ $162,620
Accounts Receivable$3,193,620$5,061,735▲ $1,868,115
Land, Buildings, and Equipment, Net$2,211,968$2,186,584▼ $25,384
Savings and Temporary Cash Investments$568,309$583,688▲ $15,379
Prepaid Expenses and Deferred Charges$3,000$19,443▲ $16,443
Inventories for Sale or Use$4,050$4,050→ $0
Total Assets$22,019,186$23,369,151▲ $1,349,965
Liabilities
Accounts Payable and Accrued Expenses$1,106,518$1,479,214▲ $372,696
Total Liabilities$1,106,518$1,479,214▲ $372,696
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,912,668$21,889,937▲ $977,269
Total Net Assets Fund Balance$20,912,668$21,889,937▲ $977,269
Total Liabilities and Net Assets / Fund Balance$22,019,186$23,369,151▲ $1,349,965

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,763,160$3,161,458$4,924,618
Buildings$343,824$229,829$573,653
Land$79,600-$79,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shyann HarrisVice PresideFT$226,249$8,412$234,661
Shyann HarrisVice President-$226,249$8,412$234,661
Richard FulliloveSecretaryFT$226,153$7,734$233,887
Cheryl HarrisPresident-$210,000$7,660$217,660

Board Members and Trustees

NameTitle
Steve BrandvoldDirector
Terri DrioscollDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,796,837
Investment Income
$323,989
Other Revenue
$-508,511
Change in Net Assets
$977,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$20,412,553
Other Expenses$6,222,493
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,573,234--$13,573,234
Other Employee Benefits$3,780,766--$3,780,766
Occupancy$2,417,395--$2,417,395
Payroll Taxes$1,328,921--$1,328,921
Fees for Services Other$1,310,380--$1,310,380
Pension Plan Contributions$941,717--$941,717
Current Officers, Directors, Trustees, and Key Employees$721,675$66,240-$787,915
Insurance$356,637--$356,637
Depreciation Depletion$306,920--$306,920
Office Expenses$182,141--$182,141
Other Expenses$127,536--$127,536
All Other Expenses$67,747$4,312-$72,059
Fees for Services Legal-$61,676-$61,676
Travel$59,546--$59,546
Fees for Services Accounting-$8,303-$8,303
Interest$5,912--$5,912
Advertising$3,200--$3,200
Total Functional Expenses$26,494,515$140,531$0$26,635,046
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 2

Cheryl harris shyann harris president treasurer mother/daughter

Form 990, Page 6, Part VI, Line 11B

All year end reports reviewed and approved by the board

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

Written policies are reviewed by the board at each annual meeting and acti vities of conflict are monitored throughout the year by board members.

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

Board authorizes and reviews annual comparitive study of executive compensation

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

Board authorizes and reviews annual comparative study of executive compens ation

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Trace Inc
EIN
82-0460224
Phone
2089394350
Address
PO BOX 140309, BOISE, ID 83714

Signing Officer

Name
Cheryl Harris
Title
President
Phone
2089394350
Signed
2022-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Harris
Formed
1993
Legal Domicile
Id
Voting Board Members
3
Independent Board Members
3
Employees
1,302

Preparer

Firm
Olsen Wheeler Cpas Pllc
Address
3509 W BAVARIA STREET STE 101, EAGLE, ID 83616
Preparer
Glen Olsen
Phone
2089383250
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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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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY IS INCLUDED IN RECRUITMENT INFORMATION AND ORGANIZATIONA L BROCHURES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0226249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1226153
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2210000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt17734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt27660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SHYANN HARRIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RICHARD FULLILOVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CHERYL HARRIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0234661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1233887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2217660
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHERYL HARRIS SHYANN HARRIS PRESIDENT TREASURER MOTHER/DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL YEAR END REPORTS REVIEWED AND APPROVED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WRITTEN POLICIES ARE REVIEWED BY THE BOARD AT EACH ANNUAL MEETING AND ACTI VITIES OF CONFLICT ARE MONITORED THROUGHOUT THE YEAR BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD AUTHORIZES AND REVIEWS ANNUAL COMPARITIVE STUDY OF EXECUTIVE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD AUTHORIZES AND REVIEWS ANNUAL COMPARATIVE STUDY OF EXECUTIVE COMPENS ATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt022019186
IRS990/TotalAssetsEOYAmt023369151
IRS990/TotalAssetsGrp/BOYAmt022019186
IRS990/TotalAssetsGrp/EOYAmt023369151
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt01302
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt026494515
IRS990/TotalFunctionalExpensesGrp/TotalAmt026635046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01106518
IRS990/TotalLiabilitiesEOYAmt01479214
IRS990/TotalLiabilitiesGrp/BOYAmt01106518
IRS990/TotalLiabilitiesGrp/EOYAmt01479214
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020912668
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021889937
IRS990/TotalOtherCompensationAmt023806
IRS990/TotalProgramServiceExpensesAmt026494515
IRS990/TotalProgramServiceRevenueAmt027796837
IRS990/TotalReportableCompFromOrgAmt0662402
IRS990/TotalRevenueGrp/ExclusionAmt0186116
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027426199
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027612315
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022019186
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023369151
IRS990/TravelGrp/ProgramServicesAmt059546
IRS990/TravelGrp/TotalAmt059546
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03000 N LAKEHARBOR LN
IRS990/USAddress/CityNm0BOISE
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083703
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL HARRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02089394350
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRACE INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAC
ReturnHeader/Filer/EIN0820460224
ReturnHeader/Filer/PhoneNum02089394350
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 140309
ReturnHeader/Filer/USAddress/CityNm0BOISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083714
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463805606
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OLSEN WHEELER CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03509 W BAVARIA STREET STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAGLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083616
ReturnHeader/PreparerPersonGrp/PhoneNum02089383250
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLEN OLSEN
ReturnHeader/ReturnTs02022-05-13T13:50:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHERYL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARRIS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$1.63$20.6$39.0$39.2$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$1.64$20.8$36.4$36.9$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$2.10$21.3$31.4$32.0$0.60
2021Detailed filing. Detailed filing data is available for this year.$23.4$1.48$21.9$27.6$26.6$0.98
2020Detailed filing. Detailed filing data is available for this year.$22.0$1.11$20.9$25.9$26.6$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.0$0.37$21.6$27.3$26.2$1.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$1.11$20.6$26.0$25.7$0.30
2017Detailed filing. Detailed filing data is available for this year.$21.5$1.21$20.3$25.2$23.4$1.79
2016Detailed filing. Detailed filing data is available for this year.$19.4$0.96$18.5$22.7$22.3$0.36
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$1.09$18.1$22.8$21.7$1.07
2014Detailed filing. Detailed filing data is available for this year.$18.3$1.21$17.1$22.3$20.9$1.38
2013Detailed filing. Detailed filing data is available for this year.$16.9$1.26$15.7$21.0$20.6$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$1.18$15.3$21.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$1.20$14.6$20.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.60$13.1$20.1