Trac5 Inc
- Assets
- $20.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mooresville, NC
- Founding
- 03/2014
- Data as of
- 12/2021
- EIN
- 27-1868917
Organization Overview
Trac5 Inc is located in Mooresville, NC. The organization was established in 2014. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trac5 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RESEARCH AND WRITING RELATED TO THE MEANING AND USE OF SEMETIC WORDS AS USED IN ABRAHAMIC SCHRIPTURES WITHTHE INTENT OF FIND LINKAGES, SIMILARITIES AND SYNERGIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Siljander President | 40 | $16,200 | |
Gary Waldron Vice Preside | 40 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,628 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,545 |
| Total Revenue | $62,173 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,923 |
| Professional fees and other payments to independent contractors | $13,797 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $867 |
| Total expenses | $63,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,279 |
| Other assets | $0 |
| Total assets | $20,791 |
| Total liabilities | $71,600 |
| Net assets or fund balances | -$50,809 |