Trekkers Inc
Trekkers Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10537500 · Rockland, ME · NTEE: N20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $975K |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Trekkers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trekkers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trekkers Inc
Trekkers Inc (EIN: 10537500) is a nonprofit organization based in Rockland, ME, classified under NTEE code N20. The organization reported total revenue of $1.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trekkers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trekkers Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $975K |
| Surplus / Deficit | +$392K |
| Total Assets | $1.6M |
| Total Liabilities | $194K |
| Net Assets | $1.4M |
| Operating Margin | 28.7% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2023, Trekkers Inc reported a surplus of $392K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trekkers Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.9% | +12.5% | +39.3% |
| 2022 | +61.0% | +11.0% | +112.9% |
| 2021 | +49.5% | +1.2% | +84.5% |
| 2020 | -20.0% | -6.7% | +171.3% |
| 2019 | +49.5% | +18.9% | -54.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trekkers Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trekkers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $392K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.5%.
Executive Compensation Analysis
Trekkers Inc. reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size and suggests a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Trekkers Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or officers are unpaid volunteers, warranting further investigation for clarity.
Strengths
The following positive indicators were identified for Trekkers Inc:
- Consistent revenue growth, with latest revenue at $1,704,648.
- Strong asset accumulation, growing from $104,535 in 2019 to $1,551,864 in 2023.
- Healthy financial surpluses, with expenses consistently below revenue in recent years (e.g., 2023 revenue $1,367,451 vs. expenses $975,366).
- No reported officer compensation, suggesting a high dedication of funds to programs.
- Low liabilities relative to assets, indicating strong financial health and solvency.
Frequently Asked Questions about Trekkers Inc
Is Trekkers Inc a legitimate charity?
Trekkers Inc (EIN: 10537500) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Trekkers Inc spend its money?
Trekkers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trekkers Inc tax-deductible?
Trekkers Inc is registered as a tax-exempt nonprofit (EIN: 10537500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trekkers Inc's spending goes to programs?
Trekkers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trekkers Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Trekkers Inc is above average for NTEE category N20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trekkers Inc located?
Trekkers Inc is headquartered in Rockland, Maine and files with the IRS under EIN 10537500. It is classified under NTEE code N20.
How many years of IRS 990 filings does Trekkers Inc have?
Trekkers Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Is Trekkers Inc. financially stable?
Yes, Trekkers Inc. is financially stable, demonstrating consistent revenue growth and a significant increase in assets from $104,535 in 2019 to $1,551,864 in 2023, while maintaining manageable liabilities.
How does Trekkers Inc. manage its expenses?
Trekkers Inc. manages its expenses efficiently, consistently spending less than its revenue in recent years, leading to healthy surpluses. For instance, in 2023, expenses were $975,366 against $1,367,451 in revenue.
What is the trend in Trekkers Inc.'s assets?
Trekkers Inc. has shown a strong upward trend in assets, growing from $104,535 in 2019 to $1,551,864 in 2023, indicating successful financial management and resource accumulation.
Does Trekkers Inc. pay its officers?
According to all available IRS 990 filings, Trekkers Inc. reports 0% officer compensation, meaning no salaries were paid to its officers during these periods.
Filing History
IRS 990 filing history for Trekkers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trekkers Inc's revenue has grown by 512.7%, moving from $223K to $1.4M. Total assets increased by 1075.8% over the same period, from $132K to $1.6M. Total functional expenses rose by 219.5%, from $305K to $975K. In its most recent filing year (2023), Trekkers Inc reported a surplus of $392K, with revenue exceeding expenses. The organization holds $194K in liabilities against $1.6M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $975K | $1.6M | $194K | — | — |
| 2022 | $1.6M | $867K | $1.1M | $148K | — | View 990 |
| 2021 | $1.0M | $781K | $523K | $317K | — | View 990 |
| 2020 | $676K | $772K | $284K | $306K | — | View 990 |
| 2019 | $844K | $828K | $105K | $31K | — | View 990 |
| 2018 | $565K | $696K | $230K | $172K | — | View 990 |
| 2017 | $779K | $689K | $224K | $36K | — | View 990 |
| 2016 | $617K | $581K | $97K | $19K | — | View 990 |
| 2015 | $550K | $568K | $100K | $58K | — | View 990 |
| 2014 | $478K | $508K | $142K | $82K | — | View 990 |
| 2013 | $411K | $408K | $160K | $70K | — | View 990 |
| 2012 | $344K | $335K | $107K | $20K | — | View 990 |
| 2011 | $223K | $305K | $132K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $975K, and assets of $1.6M (revenue -15.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $867K, and assets of $1.1M (revenue +61.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $781K, and assets of $523K (revenue +49.5% year-over-year).
- 2020: Revenue of $676K, expenses of $772K, and assets of $284K (revenue -20.0% year-over-year).
- 2019: Revenue of $844K, expenses of $828K, and assets of $105K (revenue +49.5% year-over-year).
- 2018: Revenue of $565K, expenses of $696K, and assets of $230K (revenue -27.5% year-over-year).
- 2017: Revenue of $779K, expenses of $689K, and assets of $224K (revenue +26.1% year-over-year).
- 2016: Revenue of $617K, expenses of $581K, and assets of $97K (revenue +12.2% year-over-year).
- 2015: Revenue of $550K, expenses of $568K, and assets of $100K (revenue +15.1% year-over-year).
- 2014: Revenue of $478K, expenses of $508K, and assets of $142K (revenue +16.3% year-over-year).
- 2013: Revenue of $411K, expenses of $408K, and assets of $160K (revenue +19.4% year-over-year).
- 2012: Revenue of $344K, expenses of $335K, and assets of $107K (revenue +54.2% year-over-year).
- 2011: Revenue of $223K, expenses of $305K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trekkers Inc:
Data Sources and Methodology
This transparency report for Trekkers Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.